California Public Employees Retirement System Has $98.37 Million Holdings in Digital Realty Trust, Inc. $DLR

California Public Employees Retirement System increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 568,976 shares of the real estate investment trust’s stock after acquiring an additional 22,729 shares during the quarter. California Public Employees Retirement System’s holdings in Digital Realty Trust were worth $98,365,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of DLR. Norges Bank bought a new position in shares of Digital Realty Trust during the second quarter worth approximately $3,808,270,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Digital Realty Trust by 686.0% in the third 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 valued at $831,123,000 after buying an additional 4,195,862 shares during the period. Prudential Financial Inc. grew its position in Digital Realty Trust by 87.0% during the second quarter. Prudential Financial Inc. now owns 1,456,585 shares of the real estate investment trust’s stock worth $253,926,000 after buying an additional 677,483 shares in the last quarter. Resolution Capital Ltd grew its position in Digital Realty Trust by 25.2% during the second quarter. Resolution Capital Ltd now owns 2,967,618 shares of the real estate investment trust’s stock worth $517,345,000 after buying an additional 596,420 shares in the last quarter. Finally, Bank of America Corp DE increased its stake 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 acquiring an additional 553,907 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 0.9%

Shares of DLR stock opened at $181.16 on Tuesday. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $184.79. The stock’s fifty day moving average price is $170.26 and its two-hundred day moving average price is $166.94. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59. The company has a market cap of $62.25 billion, a PE ratio of 50.32, a P/E/G ratio of 3.97 and a beta of 1.12.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.03. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the previous year, the firm earned $1.73 EPS. Digital Realty Trust’s revenue was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s payout ratio is currently 135.56%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Weiss Ratings upgraded Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 17th. Moffett Nathanson raised their price target on Digital Realty Trust from $166.00 to $172.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Scotiabank dropped their price target on Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating for the company in a research note on Wednesday, January 14th. HSBC set a $193.00 price objective on shares of Digital Realty Trust and gave the stock a “buy” rating in a research report on Thursday, January 15th. Finally, Sanford C. Bernstein began coverage on shares of Digital Realty Trust in a research note on Thursday, March 5th. They set an “outperform” rating and a $218.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and an average target price 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.