Public Employees Retirement System of Ohio Makes New Investment in Digital Realty Trust, Inc. $DLR

Public Employees Retirement System of Ohio purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 549,246 shares of the real estate investment trust’s stock, valued at approximately $98,634,000.

A number of other institutional investors have also made changes to their positions in DLR. MASTERINVEST Kapitalanlage GmbH acquired a new position in shares of Digital Realty Trust during the 2nd quarter worth about $218,000. Triton Financial Group Inc acquired a new position in shares of Digital Realty Trust during the second quarter worth approximately $2,581,000. Jacobs Equity LLC bought a new stake in shares of Digital Realty Trust in the second quarter valued at approximately $305,000. Adelante Capital Management LLC acquired a new stake in shares of Digital Realty Trust in the second quarter worth $87,531,000. Finally, Corient Private Wealth LP acquired a new stake in shares of Digital Realty Trust in the second quarter worth $10,329,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock opened at $192.12 on Friday. The firm has a market cap of $71.28 billion, a P/E ratio of 93.26, a price-to-earnings-growth ratio of 5.48 and a beta of 1.03. The firm’s 50-day simple moving average is $187.21 and its 200-day simple moving average is $186.25. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. 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) last released its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, research analysts expect 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. Stockholders of record on Tuesday, September 15th will be given a dividend of $1.22 per share. The ex-dividend date 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 payout ratio is presently 236.89%.

Wall Street Analyst Weigh In

DLR has been the subject of several research analyst reports. Weiss Ratings cut shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Evercore reiterated an “outperform” rating and issued a $240.00 target price on shares of Digital Realty Trust in a research note on Tuesday, August 18th. Citigroup reissued a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $229.00 price target on shares of Digital Realty Trust in a report on Monday, July 27th. Finally, Wells Fargo & Company upgraded Digital Realty Trust from an “overweight” rating to a “buy” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $219.45.

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.