Digital Realty Trust, Inc. $DLR Stock Position Boosted by APG Asset Management US Inc.

APG Asset Management US Inc. boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 0.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,638,801 shares of the real estate investment trust’s stock after buying an additional 23,430 shares during the period. Digital Realty Trust accounts for approximately 10.9% of APG Asset Management US Inc.’s holdings, making the stock its 2nd largest holding. APG Asset Management US Inc.’s holdings in Digital Realty Trust were worth $1,481,122,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of DLR. Pinnacle Bancorp Inc. acquired a new stake in shares of Digital Realty Trust in the third quarter worth approximately $25,000. South Plains Financial Inc. raised its stake in Digital Realty Trust by 280.5% during the second quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 115 shares during the period. Tobam acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at $28,000. Salomon & Ludwin LLC purchased a new stake in Digital Realty Trust during the third quarter valued at about $28,000. Finally, First Horizon Corp purchased a new stake in shares of Digital Realty Trust during the 3rd quarter worth about $31,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Barclays raised shares of Digital Realty Trust from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $161.00 to $164.00 in a research report on Tuesday, January 13th. UBS Group set a $189.00 target price on Digital Realty Trust in a report on Wednesday, January 14th. Truist Financial raised their price target on shares of Digital Realty Trust from $200.00 to $202.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Jefferies Financial Group boosted their price target on shares of Digital Realty Trust from $184.00 to $189.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a research report on Thursday, January 29th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.33.

Digital Realty Trust Stock Up 0.4%

Shares of DLR stock opened at $177.03 on Friday. The stock has a 50 day moving average of $164.77 and a 200-day moving average of $165.95. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $184.79. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. The firm has a market cap of $60.83 billion, a PE ratio of 49.18, a price-to-earnings-growth ratio of 3.92 and a beta of 1.12.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.03. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the previous year, the firm posted $1.73 earnings per share. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.

Insider Activity

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.13% of the stock is owned by company insiders.

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.