ArrowMark Colorado Holdings LLC Reduces Stock Holdings in Digital Realty Trust, Inc. $DLR

ArrowMark Colorado Holdings LLC cut its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 18.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 15,284 shares of the real estate investment trust’s stock after selling 3,533 shares during the period. ArrowMark Colorado Holdings LLC’s holdings in Digital Realty Trust were worth $2,642,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Security National Bank of Sioux City Iowa IA grew its position in Digital Realty Trust by 0.4% in the third quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock valued at $2,478,000 after acquiring an additional 60 shares in the last quarter. Commons Capital LLC lifted its position in shares of Digital Realty Trust by 4.6% during the third quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock worth $253,000 after purchasing an additional 64 shares in the last quarter. Scotia Capital Inc. boosted its stake in shares of Digital Realty Trust by 0.9% in the third quarter. Scotia Capital Inc. now owns 7,379 shares of the real estate investment trust’s stock valued at $1,276,000 after purchasing an additional 64 shares during the period. Physician Wealth Advisors Inc. grew its holdings in Digital Realty Trust by 11.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock valued at $112,000 after purchasing an additional 65 shares in the last quarter. Finally, Zions Bancorporation National Association UT grew its holdings in Digital Realty Trust by 12.5% during the 3rd quarter. Zions Bancorporation National Association UT now owns 585 shares of the real estate investment trust’s stock valued at $101,000 after purchasing an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of DLR stock opened at $179.62 on Monday. The firm has a fifty day moving average of $169.75 and a two-hundred day moving average of $166.86. The firm has a market cap of $61.72 billion, a P/E ratio of 49.90, a P/E/G ratio of 3.97 and a beta of 1.12. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $184.79. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) 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 analyst estimates of $1.58 billion. During the same quarter in the prior year, the business posted $1.73 EPS. The company’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. As a group, research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a dividend of $1.22 per share. The ex-dividend date is Friday, March 13th. This represents a $4.88 annualized dividend and a yield of 2.7%. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DLR. Mizuho cut their price objective on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. HSBC set a $193.00 target price on Digital Realty Trust and gave the company a “buy” rating in a research note on Thursday, January 15th. TD Cowen reiterated a “hold” rating on shares of Digital Realty Trust in a research note on Friday, February 6th. BMO Capital Markets increased their price target on Digital Realty Trust from $195.00 to $205.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Finally, The Goldman Sachs Group raised their price objective on Digital Realty Trust from $188.00 to $190.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Three investment 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 company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $193.96.

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.