Nordea Investment Management AB Boosts Stock Holdings in Digital Realty Trust, Inc. $DLR

Nordea Investment Management AB raised its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 53.1% during the fourth quarter, Holdings Channel reports. The firm owned 673,347 shares of the real estate investment trust’s stock after purchasing an additional 233,676 shares during the period. Nordea Investment Management AB’s holdings in Digital Realty Trust were worth $104,288,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Pinnacle Bancorp Inc. acquired a new position in Digital Realty Trust in the third quarter valued at $25,000. South Plains Financial Inc. raised its holdings in shares of Digital Realty Trust by 280.5% in the 2nd 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. Salomon & Ludwin LLC acquired a new position in shares of Digital Realty Trust in the 3rd quarter valued at about $28,000. Sunbelt Securities Inc. lifted its stake in shares of Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 125 shares in the last quarter. Finally, First Horizon Corp purchased a new stake in shares of Digital Realty Trust during the 3rd quarter worth about $31,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on DLR shares. HSBC set a $193.00 price target on shares of Digital Realty Trust and gave the company a “buy” rating in a report on Thursday, January 15th. Truist Financial increased their price objective on shares of Digital Realty Trust from $200.00 to $202.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Citigroup cut their target price on shares of Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. The Goldman Sachs Group lifted their target price on shares of Digital Realty Trust from $188.00 to $190.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, BMO Capital Markets upped their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Three investment 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 company’s stock. According to MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus target price of $194.68.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $173.17 on Monday. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month 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. The company has a market capitalization of $59.50 billion, a price-to-earnings ratio of 48.10, a price-to-earnings-growth ratio of 3.83 and a beta of 1.12. The firm’s fifty day moving average price is $172.05 and its 200 day moving average price is $167.31.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data 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. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.73 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, research analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

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

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.