Easterly Investment Partners LLC Has $16.45 Million Stock Holdings in Digital Realty Trust, Inc. $DLR

Easterly Investment Partners LLC increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 106,342 shares of the real estate investment trust’s stock after buying an additional 2,781 shares during the period. Digital Realty Trust comprises approximately 1.0% of Easterly Investment Partners LLC’s portfolio, making the stock its 17th largest position. Easterly Investment Partners LLC’s holdings in Digital Realty Trust were worth $16,452,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sunbelt Securities Inc. lifted its position 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 worth $28,000 after purchasing an additional 125 shares during the period. Harvest Fund Management Co. Ltd lifted its position in shares of Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 165 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Digital Realty Trust in the 3rd quarter worth approximately $34,000. Hantz Financial Services Inc. lifted its position in shares of Digital Realty Trust by 157.4% in the 4th quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 148 shares during the period. Finally, Salomon & Ludwin LLC lifted its position in shares of Digital Realty Trust by 63.5% in the 4th quarter. Salomon & Ludwin LLC now owns 255 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 99 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on DLR shares. BNP Paribas Exane boosted their price target on shares of Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Truist Financial restated a “buy” rating and issued a $208.00 price target (up from $207.00) on shares of Digital Realty Trust in a research report on Thursday, May 14th. Citigroup restated an “outperform” rating on shares of Digital Realty Trust in a research report on Monday, April 27th. Evercore boosted their price target on shares of Digital Realty Trust from $200.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. Finally, Weiss Ratings upgraded shares of Digital Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $215.89.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $189.94 on Monday. The company has a fifty day moving average of $189.93 and a 200-day moving average of $173.61. The firm has a market capitalization of $66.75 billion, a P/E ratio of 50.12, a P/E/G ratio of 5.16 and a beta of 1.03. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. The company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.63 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. Digital Realty Trust’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 8.06 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $1.22 dividend. The ex-dividend date is Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. Digital Realty Trust’s payout ratio is currently 128.76%.

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.