Daiichi Life Insurance Co. Ltd. Invests $3.62 Million in Digital Realty Trust, Inc. $DLR

Daiichi Life Insurance Co. Ltd. bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 20,170 shares of the real estate investment trust’s stock, valued at approximately $3,622,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of DLR. Sunbelt Securities Inc. raised its stake in Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 125 shares in the last quarter. Gables Capital Management Inc. purchased a new position in shares of Digital Realty Trust in the 2nd quarter worth $29,000. Bell Investment Advisors Inc grew its stake in shares of Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 62 shares in the last quarter. Harvest Fund Management Co. Ltd increased its holdings in shares of Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 165 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Digital Realty Trust during the 3rd quarter valued at about $34,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Royal Bank Of Canada increased their price target on shares of Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a report on Monday, July 27th. JPMorgan Chase & Co. upped their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a research report on Friday, July 24th. Cantor Fitzgerald raised their price objective on Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. HSBC upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their target price for the stock from $210.00 to $240.00 in a report on Thursday, August 13th. Finally, Truist Financial decreased their price target on Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Stock Up 0.1%

Shares of NYSE DLR opened at $190.81 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $70.79 billion, a P/E ratio of 92.63, a PEG ratio of 5.40 and a beta of 1.03. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The firm has a 50-day simple moving average of $186.89 and a two-hundred day simple moving average of $185.56.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the company posted $1.87 EPS. The company’s quarterly 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. Research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

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