Strs Ohio Sells 23,924 Shares of Digital Realty Trust, Inc. $DLR

Key Points

• Strs Ohio sold 23,924 shares of Digital Realty Trust, trimming its stake by 4.4% to 516,443 shares (about 0.15% ownership) worth roughly $79.9 million at the end of the quarter.
• Several analysts have lifted price targets (e.g., Evercore to $230, Wolfe to $211, Bernstein to $232) and the stock carries a consensus rating of Moderate Buy with a $213.86 price target.
• Digital Realty reported quarterly EPS of $0.46 (in line with estimates) and revenue of $1.64 billion (+16.2% YoY), set FY2026 guidance of EPS 7.95–8.05 (analysts expect 8.05), and pays a $1.22 quarterly dividend ($4.88 annual, ~2.4% yield).

Strs Ohio trimmed its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 4.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 516,443 shares of the real estate investment trust's stock after selling 23,924 shares during the period. Strs Ohio owned approximately 0.15% of Digital Realty Trust worth $79,899,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Digital Realty Trust by 1.6% in the fourth 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. Bank of America Corp DE increased its holdings in Digital Realty Trust by 6.6% during the 3rd 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 purchasing an additional 553,907 shares during the period. APG Asset Management US Inc. increased its holdings in Digital Realty Trust by 0.3% during the 3rd quarter. APG Asset Management US Inc. now owns 8,638,801 shares of the real estate investment trust's stock worth $1,481,122,000 after purchasing an additional 23,430 shares during the period. Northern Trust Corp increased its holdings in Digital Realty Trust by 9.1% during the 3rd quarter. Northern Trust Corp now owns 5,647,534 shares of the real estate investment trust's stock worth $976,346,000 after purchasing an additional 471,384 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Digital Realty Trust by 686.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust's stock worth $831,123,000 after purchasing an additional 4,195,862 shares during the period. 99.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Evercore raised their price objective on Digital Realty Trust from $200.00 to $230.00 and gave the stock an "outperform" rating in a report on Tuesday, April 21st. Wolfe Research lifted their price target on Digital Realty Trust from $194.00 to $211.00 and gave the company an "outperform" rating in a report on Monday, April 6th. Citigroup reissued an "outperform" rating on shares of Digital Realty Trust in a research report on Monday. Sanford C. Bernstein raised their price objective on Digital Realty Trust from $218.00 to $232.00 and gave the stock an "outperform" rating in a research report on Friday, April 24th. Finally, TD Cowen raised their price objective on Digital Realty Trust from $185.00 to $192.00 and gave the stock a "hold" rating in a research report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $213.86.

Digital Realty Trust Stock Performance

Shares of DLR opened at $200.84 on Friday. The stock has a 50-day moving average of $184.67 and a two-hundred day moving average of $170.86. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. The stock has a market cap of $70.08 billion, a P/E ratio of 52.99, a P/E/G ratio of 5.46 and a beta of 1.06.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, hitting analysts' consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.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 previous year, the firm posted $1.77 EPS. The firm's 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. As a group, research analysts predict that Digital Realty Trust, Inc. will post 8.05 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $1.22 per share. The ex-dividend date was Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.4%. Digital Realty Trust's dividend payout ratio (DPR) is presently 128.76%.

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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