Harbor Investment Advisory LLC Sells 3,836 Shares of Digital Realty Trust, Inc. $DLR

Harbor Investment Advisory LLC decreased its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 27.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,143 shares of the real estate investment trust’s stock after selling 3,836 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Digital Realty Trust were worth $1,828,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. GHP Investment Advisors Inc. grew its position in shares of Digital Realty Trust by 9.1% during the 1st quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 55 shares in the last quarter. South Plains Financial Inc. raised its position in shares of Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 56 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its stake in shares of Digital Realty Trust by 2.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock valued at $372,000 after buying an additional 61 shares during the period. PDS Planning Inc grew its position in Digital Realty Trust by 3.6% during the fourth quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock worth $276,000 after buying an additional 62 shares in the last quarter. Finally, Bell Investment Advisors Inc grew its position in Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 62 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 5.9%

Shares of DLR opened at $179.40 on Wednesday. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The company has a market cap of $63.04 billion, a P/E ratio of 47.33, a P/E/G ratio of 5.18 and a beta of 1.02. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. The firm has a 50 day simple moving average of $191.55 and a two-hundred day simple moving average of $177.86.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter last year, the business posted $1.77 EPS. The company’s revenue was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Research analysts forecast that Digital Realty Trust, Inc. will post 8.05 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s dividend payout ratio is currently 128.76%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their price objective on Digital Realty Trust from $210.00 to $230.00 and gave the company an “overweight” rating in a report on Monday, April 27th. The Goldman Sachs Group reissued a “buy” rating and set a $215.00 target price on shares of Digital Realty Trust in a report on Friday, April 24th. BNP Paribas Exane raised their price target on Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. BMO Capital Markets boosted their price target on Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. Finally, TD Cowen upped their price objective on shares of Digital Realty Trust from $185.00 to $192.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average target price of $216.52.

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.