BlueCrest Capital Management Ltd bought a new position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the second quarter, HoldingsChannel.com reports. The firm bought 180,116 shares of the real estate investment trust’s stock, valued at approximately $32,345,000. Digital Realty Trust accounts for 1.1% of BlueCrest Capital Management Ltd’s investment portfolio, making the stock its 14th biggest position.
Other large investors have also recently added to or reduced their stakes in the company. Bison Wealth LLC raised its position in 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 valued at $471,000 after buying an additional 390 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Digital Realty Trust by 9.4% during the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after acquiring an additional 584 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Digital Realty Trust by 23.0% in the second quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock valued at $3,790,000 after purchasing an additional 4,069 shares during the last quarter. Treasurer of the State of North Carolina lifted its position 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 purchasing an additional 5,909 shares in the last quarter. Finally, Peapack Gladstone Financial Corp boosted its holdings in Digital Realty Trust by 0.8% during 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 purchasing an additional 231 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have commented on DLR. Evercore reissued an “outperform” rating and set a $240.00 price target on shares of Digital Realty Trust in a research report on Tuesday, August 18th. Weiss Ratings cut Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. Argus upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price on the stock in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $229.00 price target on shares of Digital Realty Trust in a research report on Monday, July 27th. Finally, Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.45.
Digital Realty Trust Trading Down 0.0%
Shares of NYSE:DLR opened at $189.42 on Thursday. The company has a 50-day simple moving average of $186.78 and a 200 day simple moving average of $186.86. The company has a market capitalization of $70.28 billion, a P/E ratio of 91.95, a price-to-earnings-growth ratio of 3.63 and a beta of 1.02. 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, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14.
Digital Realty Trust (NYSE:DLR – Get Free Report) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 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 for the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the prior year, the firm posted $1.87 earnings per share. The business’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. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.4 earnings per share 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. Shareholders of record on Tuesday, September 15th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s payout ratio is currently 236.89%.
Insider Buying and Selling at Digital Realty Trust
In other news, Director Mark Patterson sold 200 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $193.96, for a total value of $38,792.00. Following the transaction, the director directly owned 6,322 shares of the company’s stock, valued at $1,226,215.12. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.15% of the stock is owned by insiders.
Digital Realty Trust Profile
Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers around the world. The company provides the physical infrastructure businesses need to house information technology equipment, cloud-computing resources and critical digital systems.
Its services include data center colocation, hyperscale facilities, interconnection and related infrastructure solutions. Through its PlatformDIGITAL offering, Digital Realty helps customers connect to cloud providers, network operators, internet service providers, enterprises and other digital ecosystems.
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