Digital Realty Trust, Inc. $DLR Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC trimmed its position in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 2.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,673 shares of the real estate investment trust’s stock after selling 3,059 shares during the quarter. Sanctuary Advisors LLC’s holdings in Digital Realty Trust were worth $18,323,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Digital Realty Trust by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after buying an additional 854,828 shares in the last quarter. Cohen & Steers Inc. raised its position in shares of Digital Realty Trust by 18.0% in the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after acquiring an additional 4,276,073 shares during the period. Norges Bank purchased a new stake in shares of Digital Realty Trust during the 4th quarter worth about $3,402,995,000. State Street Corp boosted its stake in shares of Digital Realty Trust by 1.1% during the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock worth $3,219,256,000 after acquiring an additional 231,933 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Digital Realty Trust by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 9,234,073 shares of the real estate investment trust’s stock valued at $1,423,373,000 after acquiring an additional 197,180 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DLR shares. Truist Financial lifted their price target on Digital Realty Trust from $208.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Citigroup reissued an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. Jefferies Financial Group boosted their price objective on Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Guggenheim raised Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a research note on Wednesday. Finally, HSBC lowered Digital Realty Trust from a “buy” rating to a “hold” rating and increased their target price for the company from $193.00 to $210.00 in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and an average target price of $216.17.

View Our Latest Report on Digital Realty Trust

Digital Realty Trust Trading Up 1.8%

Shares of DLR opened at $176.20 on Thursday. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The firm’s fifty day moving average is $186.48 and its two-hundred day moving average is $179.68. The stock has a market cap of $61.92 billion, a PE ratio of 46.49, a price-to-earnings-growth ratio of 4.70 and a beta of 1.03.

Digital Realty Trust (NYSE:DLRGet Free Report) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Research analysts forecast that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $1.22 dividend. The ex-dividend date was Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.8%. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

About Digital Realty Trust

(Free Report)

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.

Featured Stories

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:DLRFree Report).

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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.