Russell Investments Group Ltd. Decreases Stake in Digital Realty Trust, Inc. $DLR

Russell Investments Group Ltd. lessened its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 0.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,993,974 shares of the real estate investment trust’s stock after selling 14,686 shares during the period. Digital Realty Trust makes up approximately 0.4% of Russell Investments Group Ltd.’s portfolio, making the stock its 27th biggest holding. Russell Investments Group Ltd. owned 0.58% of Digital Realty Trust worth $344,413,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. New York State Common Retirement Fund boosted its holdings in shares of Digital Realty Trust by 7.1% in the 3rd quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock worth $40,379,000 after buying an additional 15,569 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Digital Realty Trust by 13.5% during the third quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust’s stock worth $25,545,000 after buying an additional 17,729 shares during the last quarter. OFI Invest Asset Management increased its holdings in Digital Realty Trust by 37,575.7% during the third quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock worth $46,896,000 after buying an additional 270,545 shares during the last quarter. Gallacher Capital Management LLC bought a new stake in Digital Realty Trust in the third quarter worth about $762,000. Finally, World Investment Advisors boosted its stake in Digital Realty Trust by 412.7% in the third quarter. World Investment Advisors now owns 11,003 shares of the real estate investment trust’s stock valued at $1,902,000 after acquiring an additional 8,857 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of research reports. Mizuho reduced their target price on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Sanford C. Bernstein initiated coverage on Digital Realty Trust in a report on Thursday. They set an “outperform” rating and a $218.00 price objective for the company. TD Cowen reissued a “hold” rating on shares of Digital Realty Trust in a research report on Friday, February 6th. Finally, Truist Financial boosted their target price on Digital Realty Trust from $200.00 to $202.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $193.36.

Digital Realty Trust Stock Down 2.0%

Digital Realty Trust stock opened at $176.21 on Monday. The firm has a 50 day simple moving average of $167.28 and a 200 day simple moving average of $166.39. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $184.79. The firm has a market capitalization of $60.55 billion, a price-to-earnings ratio of 48.95, a P/E/G ratio of 3.90 and a beta of 1.12.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.03. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the business posted $1.73 earnings per share. The business’s quarterly revenue was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a $1.22 dividend. The ex-dividend date is Friday, March 13th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.

About Digital Realty Trust

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.