Wellington Management Group LLP Has $58.34 Million Holdings in Digital Realty Trust, Inc. $DLR

Wellington Management Group LLP cut its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 23.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 324,890 shares of the real estate investment trust’s stock after selling 98,859 shares during the period. Wellington Management Group LLP’s holdings in Digital Realty Trust were worth $58,344,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Nomura Asset Management Co. Ltd. raised its position in Digital Realty Trust by 3.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock valued at $92,557,000 after buying an additional 20,735 shares during the last quarter. Beacon Pointe Advisors LLC bought a new position in shares of Digital Realty Trust during the 2nd quarter worth approximately $3,286,000. Legal & General Group Plc raised its holdings in shares of Digital Realty Trust by 5.9% in the fourth quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock valued at $619,956,000 after purchasing an additional 224,688 shares during the last quarter. Norges Bank bought a new stake in shares of Digital Realty Trust in the fourth quarter worth $3,402,995,000. Finally, Eurizon Capital SGR S.p.A. bought a new stake in shares of Digital Realty Trust in the fourth quarter worth $21,224,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on DLR. Mizuho set a $223.00 target price on shares of Digital Realty Trust in a research report on Monday, August 10th. Truist Financial reduced their price objective on shares of Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $229.00 price objective on shares of Digital Realty Trust in a report on Monday, July 27th. Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Finally, HSBC raised Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price target for the company from $210.00 to $240.00 in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $219.45.

Insiders Place Their Bets

In related news, Director Mark Patterson sold 200 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the sale, the director owned 6,322 shares in the company, valued at approximately $1,226,215.12. This represents a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.15% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of DLR opened at $187.72 on Friday. The company has a market cap of $69.64 billion, a PE ratio of 91.13, a price-to-earnings-growth ratio of 3.52 and a beta of 1.02. The firm has a 50-day moving average of $186.45 and a 200-day moving average of $186.56. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The company’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter last year, the business posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities analysts forecast that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. Digital Realty Trust’s payout ratio is presently 236.89%.

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.