Bamco Inc. NY Decreases Holdings in Digital Realty Trust, Inc. $DLR

Key Points

• Bamco Inc. NY trimmed its stake in Digital Realty Trust by 11% in Q3, selling 36,237 shares and ending the quarter with 292,623 shares worth about $50.6 million.
• Digital Realty beat quarterly expectations and raised guidance: Q results delivered $1.86 EPS (vs. $1.83 est.) and $1.63B revenue (up 13.8% year-over-year), and management set FY2026 EPS guidance of 7.900–8.000 versus analysts' roughly 7.07 estimate.
• Dividend, ownership and analyst view: the REIT announced a $1.22 quarterly dividend (annualized $4.88, yield ~2.7%, DPR 135.6%), institutional ownership is ~99.7%, and the consensus rating is a "Moderate Buy" with an average price target of $193.96.

Bamco Inc. NY trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 11.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 292,623 shares of the real estate investment trust's stock after selling 36,237 shares during the period. Bamco Inc. NY owned approximately 0.09% of Digital Realty Trust worth $50,589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in DLR. Banco Bilbao Vizcaya Argentaria S.A. grew its stake in Digital Realty Trust by 52.5% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 19,249 shares of the real estate investment trust's stock worth $3,295,000 after buying an additional 6,628 shares during the last quarter. California Public Employees Retirement System raised its stake in Digital Realty Trust by 4.2% in the third quarter. California Public Employees Retirement System now owns 568,976 shares of the real estate investment trust's stock valued at $98,365,000 after buying an additional 22,729 shares during the last quarter. Bank of America Corp DE boosted its holdings in Digital Realty Trust by 6.6% in the third quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust's stock worth $1,543,914,000 after acquiring an additional 553,907 shares in the last quarter. Bank of Nova Scotia grew its stake in shares of Digital Realty Trust by 49.5% during the third quarter. Bank of Nova Scotia now owns 58,767 shares of the real estate investment trust's stock worth $10,160,000 after acquiring an additional 19,460 shares during the last quarter. Finally, BNP Paribas grew its stake in shares of Digital Realty Trust by 29.3% during the third quarter. BNP Paribas now owns 11,685 shares of the real estate investment trust's stock worth $2,019,000 after acquiring an additional 2,650 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Stock Down 0.4%

DLR stock opened at $179.62 on Monday. The firm's fifty day simple moving average is $169.75 and its 200-day simple moving average is $166.86. The company has a market capitalization of $61.72 billion, a P/E ratio of 49.90, a price-to-earnings-growth ratio of 3.97 and a beta of 1.12. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $184.79.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, topping analysts' consensus estimates of $1.83 by $0.03. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business's quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, equities research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a dividend of $1.22 per share. The ex-dividend date is Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.7%. Digital Realty Trust's dividend payout ratio (DPR) is presently 135.56%.

Analyst Ratings Changes

Several brokerages recently commented on DLR. UBS Group set a $189.00 price objective on shares of Digital Realty Trust in a research report on Wednesday, January 14th. Barclays upgraded shares of Digital Realty Trust from an "underweight" rating to an "equal weight" rating and upped their price target for the company from $161.00 to $164.00 in a research note on Tuesday, January 13th. Scotiabank decreased their price target on shares of Digital Realty Trust from $206.00 to $189.00 and set a "sector outperform" rating for the company in a report on Wednesday, January 14th. Moffett Nathanson lifted their price objective on shares of Digital Realty Trust from $166.00 to $172.00 and gave the stock a "neutral" rating in a research note on Friday, December 12th. Finally, The Goldman Sachs Group upped their target price on Digital Realty Trust from $188.00 to $190.00 and gave the company a "buy" rating in a research report on Friday, February 6th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $193.96.

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.

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