Vise Technologies Inc. Acquires Shares of 8,485 Digital Realty Trust, Inc. $DLR

Vise Technologies Inc. bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, Holdings Channel reports. The institutional investor bought 8,485 shares of the real estate investment trust’s stock, valued at approximately $1,524,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Nomura Asset Management Co. Ltd. grew its stake in shares of Digital Realty Trust by 3.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock valued at $92,557,000 after purchasing an additional 20,735 shares during the last quarter. Norges Bank purchased a new stake in shares of Digital Realty Trust during the fourth quarter worth approximately $3,402,995,000. Legal & General Group Plc lifted its holdings in shares of Digital Realty Trust by 5.9% during the fourth quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock worth $619,956,000 after purchasing an additional 224,688 shares during the period. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Digital Realty Trust during the fourth quarter worth $21,224,000. Finally, Pacific Heights Asset Management LLC grew its position in Digital Realty Trust by 20.0% in the 4th quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust’s stock valued at $23,206,000 after buying an additional 25,000 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Mizuho set a $223.00 price objective on shares of Digital Realty Trust in a research note on Monday, August 10th. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Barclays lifted their target price on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a report on Wednesday, July 1st. Truist Financial dropped their price target on shares of Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Finally, TD Cowen raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price target for the stock from $192.00 to $222.00 in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $219.45.

Digital Realty Trust Trading Down 1.8%

Shares of DLR stock opened at $190.81 on Friday. The business’s fifty day moving average price is $186.89 and its 200 day moving average price is $185.41. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The firm has a market capitalization of $70.79 billion, a PE ratio of 92.63, a P/E/G ratio of 5.40 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the previous year, the company posted $1.87 EPS. The company’s revenue was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 236.89%.

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.