OVERSEA CHINESE BANKING Corp Ltd Invests $7.46 Million in Digital Realty Trust, Inc. $DLR

OVERSEA CHINESE BANKING Corp Ltd bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 41,512 shares of the real estate investment trust’s stock, valued at approximately $7,455,000.

Other hedge funds have also bought and sold shares of the company. Bison Wealth LLC boosted its holdings in shares of Digital Realty Trust by 17.2% in the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after buying an additional 390 shares during the last quarter. Empowered Funds LLC grew its stake in Digital Realty Trust by 9.4% in the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock valued at $972,000 after buying an additional 584 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Digital Realty Trust by 23.0% during the second quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after acquiring an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in shares of Digital Realty Trust by 3.9% in the second quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock worth $27,469,000 after acquiring an additional 5,909 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its holdings in shares of Digital Realty Trust by 0.8% in the second quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock worth $4,816,000 after acquiring an additional 231 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on DLR. Weiss Ratings lowered Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and raised their target price for the stock from $192.00 to $222.00 in a research note on Friday, July 24th. Mizuho set a $223.00 price target on Digital Realty Trust in a research report on Monday, August 10th. Cantor Fitzgerald increased their price target on shares of Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Scotiabank lifted their price target on Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. One investment 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 data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Trading Up 1.0%

NYSE DLR opened at $194.23 on Friday. The stock’s 50-day simple moving average is $186.76 and its two-hundred day simple moving average is $185.38. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $71.87 billion, a price-to-earnings ratio of 94.29, a PEG ratio of 5.45 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results 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 firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the firm earned $1.87 EPS. The company’s revenue for the quarter was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Research analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company 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 of this dividend is Tuesday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.5%. Digital Realty Trust’s dividend payout ratio is currently 236.89%.

Digital Realty Trust Company 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.