Todd Asset Management LLC Sells 2,991 Shares of Digital Realty Trust, Inc. $DLR

Todd Asset Management LLC reduced its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.3% in the fourth quarter, Holdings Channel reports. The fund owned 86,945 shares of the real estate investment trust’s stock after selling 2,991 shares during the quarter. Todd Asset Management LLC’s holdings in Digital Realty Trust were worth $13,451,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Systematic Financial Management LP lifted its holdings in shares of Digital Realty Trust by 80.8% in the 4th quarter. Systematic Financial Management LP now owns 12,063 shares of the real estate investment trust’s stock valued at $1,866,000 after acquiring an additional 5,390 shares during the last quarter. Swedbank AB lifted its stake in shares of Digital Realty Trust by 0.8% in the 4th quarter. Swedbank AB now owns 353,524 shares of the real estate investment trust’s stock valued at $54,694,000 after purchasing an additional 2,941 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Digital Realty Trust in the 4th quarter worth approximately $483,000. Prospera Financial Services Inc increased its position in shares of Digital Realty Trust by 79.1% during the 4th quarter. Prospera Financial Services Inc now owns 2,233 shares of the real estate investment trust’s stock valued at $346,000 after purchasing an additional 986 shares during the last quarter. Finally, Jefferies Financial Group Inc. lifted its position in Digital Realty Trust by 666.0% in the fourth quarter. Jefferies Financial Group Inc. now owns 46,300 shares of the real estate investment trust’s stock worth $7,163,000 after buying an additional 40,256 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 0.1%

NYSE DLR opened at $192.14 on Tuesday. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The company has a fifty day simple moving average of $188.99 and a two-hundred day simple moving average of $172.96. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. The stock has a market cap of $67.52 billion, a P/E ratio of 50.70, a P/E/G ratio of 5.22 and a beta of 1.06.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the company earned $1.77 EPS. Digital Realty Trust’s quarterly 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, analysts forecast that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $1.22 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. Digital Realty Trust’s payout ratio is presently 128.76%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Stifel Nicolaus increased their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Morgan Stanley increased their target price on shares of Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. The Goldman Sachs Group restated a “buy” rating and issued a $215.00 price target on shares of Digital Realty Trust in a report on Friday, April 24th. Barclays increased their price objective on shares of Digital Realty Trust from $182.00 to $189.00 and gave the company an “equal weight” rating in a research note on Thursday, April 16th. Finally, BNP Paribas Exane boosted their price objective on shares of Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $215.89.

Digital Realty Trust Company 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.