Digital Realty Trust, Inc. $DLR Shares Acquired by Adell Harriman & Carpenter Inc.

Adell Harriman & Carpenter Inc. lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 11.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,505 shares of the real estate investment trust’s stock after purchasing an additional 4,218 shares during the quarter. Adell Harriman & Carpenter Inc.’s holdings in Digital Realty Trust were worth $7,660,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of DLR. Nordea Investment Management AB raised its position in Digital Realty Trust by 53.1% in the fourth quarter. Nordea Investment Management AB now owns 673,347 shares of the real estate investment trust’s stock worth $104,288,000 after acquiring an additional 233,676 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its position in shares of Digital Realty Trust by 3.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock worth $92,557,000 after purchasing an additional 20,735 shares in the last quarter. DigitalBridge Group Inc. grew its stake in shares of Digital Realty Trust by 136.4% during the 3rd quarter. DigitalBridge Group Inc. now owns 97,400 shares of the real estate investment trust’s stock worth $16,839,000 after purchasing an additional 56,200 shares during the period. Norges Bank purchased a new position in shares of Digital Realty Trust in the 4th quarter valued at about $3,402,995,000. Finally, Pacific Heights Asset Management LLC lifted its stake in shares of Digital Realty Trust by 20.0% in the fourth quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust’s stock valued at $23,206,000 after purchasing an additional 25,000 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. BTIG Research started coverage on shares of Digital Realty Trust in a research report on Friday. They set a “buy” rating and a $215.00 target price on the stock. Citigroup reiterated an “outperform” rating on shares of Digital Realty Trust in a research report on Monday, April 27th. Scotiabank boosted their price target on Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research note on Monday, April 27th. BMO Capital Markets raised their price objective 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, Truist Financial boosted their target price on Digital Realty Trust from $208.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $216.75.

Digital Realty Trust Stock Down 2.5%

DLR stock opened at $173.53 on Wednesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14. The firm has a market capitalization of $60.98 billion, a PE ratio of 45.79, a P/E/G ratio of 4.83 and a beta of 1.03. The company’s 50 day simple moving average is $186.95 and its 200-day simple moving average is $179.52.

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

Digital Realty Trust Dividend Announcement

The business 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 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.76%.

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.