Digital Realty Trust, Inc. $DLR Shares Purchased by Reaves W H & Co. Inc.

Reaves W H & Co. Inc. lifted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 26.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 94,303 shares of the real estate investment trust’s stock after purchasing an additional 19,570 shares during the period. Reaves W H & Co. Inc.’s holdings in Digital Realty Trust were worth $14,590,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. increased its stake in Digital Realty Trust by 347.2% during the third 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 boosted its holdings in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 165 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in Digital Realty Trust in the third quarter valued at $34,000. Hantz Financial Services Inc. boosted its holdings in Digital Realty Trust by 157.4% in the fourth quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 148 shares during the period. Finally, Salomon & Ludwin LLC raised its stake in Digital Realty Trust by 63.5% in the fourth quarter. Salomon & Ludwin LLC now owns 255 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 99 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Sanford C. Bernstein raised their price target on Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Mizuho boosted their price target on Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. The Goldman Sachs Group restated a “buy” rating and issued a $215.00 price target on shares of Digital Realty Trust in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lifted their price objective on Digital Realty Trust from $196.00 to $220.00 and gave the company a “buy” rating in a report on Monday, May 18th. Finally, Barclays lifted their price objective on Digital Realty Trust from $182.00 to $189.00 and gave the company an “equal weight” rating in a report on Thursday, April 16th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $215.89.

Digital Realty Trust Price Performance

Shares of DLR opened at $189.94 on Monday. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The stock’s 50 day moving average is $189.93 and its two-hundred day moving average is $173.61. The firm has a market capitalization of $66.75 billion, a PE ratio of 50.12, a P/E/G ratio of 5.16 and a beta of 1.03. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share 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 company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the previous year, the company earned $1.77 EPS. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Research analysts anticipate that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed 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. This represents a $4.88 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. Digital Realty Trust’s payout ratio is currently 128.76%.

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.