Bamco Inc. NY Trims Stake in Digital Realty Trust, Inc. $DLR

Bamco Inc. NY cut its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 11.0% in the third quarter, HoldingsChannel reports. The fund owned 292,623 shares of the real estate investment trust’s stock after selling 36,237 shares during the period. Bamco Inc. NY’s holdings in Digital Realty Trust were worth $50,589,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of DLR. Security National Bank of Sioux City Iowa IA increased its holdings in shares of Digital Realty Trust by 0.4% during the 3rd 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 purchasing an additional 60 shares in the last quarter. Commons Capital LLC boosted its holdings in 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 buying an additional 64 shares in the last quarter. Scotia Capital Inc. boosted its holdings in Digital Realty Trust by 0.9% during the third quarter. Scotia Capital Inc. now owns 7,379 shares of the real estate investment trust’s stock worth $1,276,000 after buying an additional 64 shares in the last quarter. Physician Wealth Advisors Inc. grew its position in Digital Realty Trust by 11.2% during the third quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 65 shares during the period. Finally, Zions Bancorporation National Association UT increased its holdings in Digital Realty Trust by 12.5% in the third quarter. Zions Bancorporation National Association UT now owns 585 shares of the real estate investment trust’s stock valued at $101,000 after buying 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 Stock Down 0.4%

DLR stock opened at $179.62 on Monday. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week 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 50-day simple moving average of $169.75 and a 200-day simple moving average of $166.86. The stock has a market capitalization 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 (NYSE:DLR) last issued its quarterly 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 firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period last year, the company posted $1.73 EPS. Digital Realty Trust’s quarterly revenue was up 13.8% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities analysts forecast 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 announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is 135.56%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. TD Cowen reiterated a “hold” rating on shares of Digital Realty Trust in a research report on Friday, February 6th. HSBC set a $193.00 price target on Digital Realty Trust and gave the company a “buy” rating in a research note on Thursday, January 15th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $210.00 price target on shares of Digital Realty Trust in a report on Thursday. Jefferies Financial Group raised their price objective on Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Scotiabank cut their price objective on Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 14th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $193.96.

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.