Digital Realty Trust, Inc. $DLR Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp decreased its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 12.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,085 shares of the real estate investment trust’s stock after selling 4,814 shares during the period. Fifth Third Bancorp’s holdings in Digital Realty Trust were worth $6,323,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in DLR. Cherry Creek Investment Advisors Inc. lifted its position in shares of Digital Realty Trust by 0.3% during the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock valued at $3,378,000 after acquiring an additional 51 shares during the period. Columbia Bank grew its holdings in shares of Digital Realty Trust by 0.9% in the 1st quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock worth $1,111,000 after acquiring an additional 53 shares during the period. GHP Investment Advisors Inc. increased its stake in Digital Realty Trust by 9.1% in the 1st quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock valued at $118,000 after purchasing an additional 55 shares in the last quarter. South Plains Financial Inc. raised its holdings in Digital Realty Trust by 25.7% during the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 56 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its holdings in Digital Realty Trust by 2.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock worth $372,000 after purchasing an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 1.6%

Digital Realty Trust stock opened at $173.29 on Friday. The stock has a 50-day moving average price of $186.05 and a 200 day moving average price of $179.81. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The stock has a market cap of $60.90 billion, a PE ratio of 45.72, a P/E/G ratio of 4.78 and a beta of 1.03. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78.

Digital Realty Trust (NYSE:DLR) last released 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 company had revenue of $1.64 billion for 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%. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Equities research analysts predict that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts have weighed in on DLR shares. The Goldman Sachs Group reissued a “buy” rating and issued a $215.00 target price on shares of Digital Realty Trust in a report on Friday, April 24th. BNP Paribas Exane boosted their price objective 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. Sanford C. Bernstein raised their target price on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Morgan Stanley lifted their target price on shares of Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Finally, Mizuho increased their price target on shares of Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus price target of $216.17.

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.