Meiji Yasuda America Inc Reduces Stake in Digital Realty Trust, Inc. $DLR

Meiji Yasuda America Inc lessened its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 26.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,485 shares of the real estate investment trust’s stock after selling 4,905 shares during the quarter. Meiji Yasuda America Inc’s holdings in Digital Realty Trust were worth $2,430,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pacific Sun Financial Corp boosted its holdings in shares of Digital Realty Trust by 1.9% in the 1st quarter. Pacific Sun Financial Corp now owns 8,390 shares of the real estate investment trust’s stock valued at $1,512,000 after acquiring an additional 154 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Digital Realty Trust by 9.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 47,730 shares of the real estate investment trust’s stock valued at $8,601,000 after buying an additional 4,199 shares during the last quarter. DJE Kapital AG acquired a new stake in Digital Realty Trust during the first quarter worth about $6,751,000. Cassaday & Co Wealth Management LLC acquired a new stake in Digital Realty Trust during the first quarter worth about $105,000. Finally, MWA Asset Management purchased a new position in Digital Realty Trust during the first quarter valued at approximately $97,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DLR has been the subject of a number of analyst reports. Scotiabank boosted their price target on Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a report on Monday, April 27th. Jefferies Financial Group raised their price target on shares of Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a research report on Friday, April 24th. BMO Capital Markets lifted their price objective on shares of Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Evercore upped their price objective on shares of Digital Realty Trust from $200.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. Finally, Stifel Nicolaus increased their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $216.17.

Digital Realty Trust Trading Up 1.7%

Shares of DLR stock opened at $179.27 on Wednesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. The company has a market cap of $63.00 billion, a price-to-earnings ratio of 47.30, a PEG ratio of 4.80 and a beta of 1.03. The stock has a 50 day simple moving average of $184.90 and a 200-day simple moving average of $180.25. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the firm posted $1.77 EPS. The business’s revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 8.04 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.

Digital Realty Trust Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.