Handelsbanken Fonder AB lifted its position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 7.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 173,487 shares of the real estate investment trust’s stock after buying an additional 12,215 shares during the quarter. Handelsbanken Fonder AB’s holdings in Digital Realty Trust were worth $26,840,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Sunbelt Securities Inc. grew its holdings in shares of Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares during the last quarter. Harvest Fund Management Co. Ltd grew its holdings in shares of Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 165 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Digital Realty Trust in the 3rd quarter worth $34,000. Salomon & Ludwin LLC grew its holdings in shares of Digital Realty Trust by 63.5% in the 4th quarter. Salomon & Ludwin LLC now owns 255 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 99 shares during the last quarter. Finally, Colonial Trust Co SC grew its holdings in shares of Digital Realty Trust by 43.0% in the 3rd quarter. Colonial Trust Co SC now owns 236 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 71 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.
Digital Realty Trust Stock Performance
DLR stock opened at $190.23 on Thursday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. The stock has a market cap of $66.85 billion, a P/E ratio of 50.19, a P/E/G ratio of 5.06 and a beta of 1.06. The firm has a 50 day simple moving average of $188.25 and a 200 day simple moving average of $172.48. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14.
Digital Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $1.22 dividend. The ex-dividend date is Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.6%. Digital Realty Trust’s payout ratio is 128.76%.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on DLR. Citizens Jmp lifted their target price on Digital Realty Trust from $220.00 to $250.00 and gave the stock a “market outperform” rating in a report on Monday, April 27th. The Goldman Sachs Group restated a “buy” rating and issued a $215.00 target price on shares of Digital Realty Trust in a report on Friday, April 24th. BNP Paribas Exane lifted their price target on Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Wolfe Research lifted their price target on Digital Realty Trust from $194.00 to $211.00 and gave the company an “outperform” rating in a report on Monday, April 6th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $215.89.
Read Our Latest Stock Report on DLR
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.
Recommended Stories
- Five stocks we like better than Digital Realty Trust
- From Zepbound to Foundayo: Lilly’s Latest Results Support Oral GLP-1 Outlook
- AI Consolidation Begins: Blackstone & Google Forge an AI Empire
- USA Rare Earth Posts Strong Q1 2026 as Massive Serra Vera Deal Looms
- 3 Space Infrastructure Stocks Gaining Momentum Ahead of the SpaceX IPO
Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLR – Free Report).
Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
