Digital Realty Trust, Inc. $DLR Shares Sold by Korea Investment CORP

Key Points

• Korea Investment CORP cut its stake in Digital Realty Trust by 50.8% in Q3, selling 131,720 shares and leaving 127,754 shares worth about $22.09 million.
• Digital Realty beat Q results with $1.86 EPS vs. $1.83 expected and revenue of $1.63 billion vs. $1.58 billion, and set FY2026 guidance of 7.90–8.00 EPS.
• The company announced a quarterly dividend of $1.22 (annualized $4.88, yield 2.7%), though its dividend payout ratio is high at 135.56%, and institutional investors own about 99.71% of the stock.

Korea Investment CORP trimmed its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 50.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127,754 shares of the real estate investment trust's stock after selling 131,720 shares during the quarter. Korea Investment CORP's holdings in Digital Realty Trust were worth $22,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Pinnacle Bancorp Inc. purchased a new stake in shares of Digital Realty Trust during the third quarter worth about $25,000. South Plains Financial Inc. raised its position in shares of Digital Realty Trust by 280.5% in the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust's stock valued at $27,000 after purchasing an additional 115 shares during the last quarter. Salomon & Ludwin LLC purchased a new position in shares of Digital Realty Trust in the third quarter worth $28,000. Tobam purchased a new stake in Digital Realty Trust during the 2nd quarter valued at about $28,000. Finally, First Horizon Corp acquired a new position in shares of Digital Realty Trust in the third quarter valued at about $31,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Stock Performance

DLR opened at $180.74 on Wednesday. The firm has a fifty day moving average price of $168.24 and a 200 day moving average price of $166.60. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $184.79. The stock has a market cap of $62.11 billion, a P/E ratio of 50.21, a P/E/G 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 (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, beating the consensus estimate of $1.83 by $0.03. The company 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 firm's revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the business earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given 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 135.56%.

Wall Street Analysts Forecast Growth

DLR has been the topic of a number of recent research reports. BMO Capital Markets upped their target price on Digital Realty Trust from $195.00 to $205.00 and gave the company an "outperform" rating in a research report on Tuesday, February 17th. Stifel Nicolaus dropped their price objective on shares of Digital Realty Trust from $210.00 to $200.00 and set a "buy" rating on the stock in a report on Friday, February 6th. Bank of America reiterated a "neutral" rating and issued a $170.00 price objective (down from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. Raymond James Financial reduced their target price on shares of Digital Realty Trust from $205.00 to $195.00 and set a "strong-buy" rating for the company in a report on Wednesday, February 11th. Finally, HSBC set a $193.00 price target on shares of Digital Realty Trust and gave the company a "buy" rating in a report on Thursday, January 15th. Three investment 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 company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $193.36.

Digital Realty Trust 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.

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