Fairtree Asset Management Pty Ltd acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,688 shares of the real estate investment trust’s stock, valued at approximately $842,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. grew its holdings in Digital Realty Trust by 347.2% in 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 during the last quarter. Gables Capital Management Inc. acquired a new position in shares of Digital Realty Trust during the 2nd quarter worth $29,000. Bell Investment Advisors Inc boosted its position 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 grew its stake in 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 valued at $31,000 after acquiring an additional 165 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Digital Realty Trust during the 3rd quarter valued at about $34,000. 99.71% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts have issued reports on the stock. Evercore reaffirmed an “outperform” rating and issued a $240.00 price target on shares of Digital Realty Trust in a report on Tuesday. Jefferies Financial Group lifted their price objective on Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. BTIG Research initiated coverage on Digital Realty Trust in a research note on Friday, July 10th. They issued a “buy” rating and a $215.00 target price on the stock. Raymond James Financial increased their target price on Digital Realty Trust from $210.00 to $235.00 and gave the company a “strong-buy” rating in a report on Friday, April 24th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $215.00 price target on shares of Digital Realty Trust in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $219.45.
Digital Realty Trust Trading Up 1.0%
Shares of DLR opened at $194.23 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The company has a market capitalization of $71.87 billion, a PE ratio of 94.29, a price-to-earnings-growth ratio of 5.45 and a beta of 1.03. The stock has a fifty day moving average of $186.76 and a two-hundred day moving average of $185.38. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06.
Digital Realty Trust (NYSE:DLR – Get Free Report) last posted 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). The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.Digital Realty Trust’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.
Digital Realty Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio 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.
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