Horst & Graben Wealth Management LLC Has $2.95 Million Stock Position in Digital Realty Trust, Inc. $DLR

Horst & Graben Wealth Management LLC increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 38.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,010 shares of the real estate investment trust’s stock after acquiring an additional 4,159 shares during the quarter. Horst & Graben Wealth Management LLC’s holdings in Digital Realty Trust were worth $2,947,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLR. Vanguard Group Inc. grew its position in shares of Digital Realty Trust by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after buying an additional 854,828 shares during the period. Cohen & Steers Inc. grew its holdings in Digital Realty Trust by 18.0% during the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after acquiring an additional 4,276,073 shares during the period. Norges Bank acquired a new stake in Digital Realty Trust during the 4th quarter worth $3,402,995,000. State Street Corp raised its position in shares of Digital Realty Trust by 1.1% during the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock valued at $3,219,256,000 after acquiring an additional 231,933 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Digital Realty Trust by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 9,234,073 shares of the real estate investment trust’s stock valued at $1,423,373,000 after purchasing an additional 197,180 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

NYSE DLR opened at $174.71 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The business has a 50 day simple moving average of $188.86 and a 200 day simple moving average of $178.62. The stock has a market cap of $61.39 billion, a price-to-earnings ratio of 46.10, a PEG ratio of 4.72 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results 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. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the prior year, the company earned $1.77 earnings per share. The business’s quarterly 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. Analysts anticipate that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $1.22 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.76%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. UBS Group raised their price target on Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Mizuho increased their target price on Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. BNP Paribas Exane raised their target price on Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. The Goldman Sachs Group restated a “buy” rating and set a $215.00 target price on shares of Digital Realty Trust in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. increased their price target on shares of Digital Realty Trust from $210.00 to $230.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $216.81.

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.