DJE Kapital AG Buys Shares of 38,918 Digital Realty Trust, Inc. $DLR

DJE Kapital AG purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the first quarter, HoldingsChannel.com reports. The firm purchased 38,918 shares of the real estate investment trust’s stock, valued at approximately $6,751,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nordea Investment Management AB raised its stake in shares of Digital Realty Trust by 53.1% in the 4th quarter. Nordea Investment Management AB now owns 673,347 shares of the real estate investment trust’s stock valued at $104,288,000 after purchasing an additional 233,676 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in shares of Digital Realty Trust by 3.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock worth $92,557,000 after buying an additional 20,735 shares during the period. Legal & General Group Plc boosted its position in shares of Digital Realty Trust by 5.9% during the fourth quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock worth $619,956,000 after buying an additional 224,688 shares during the period. Norges Bank bought a new position in shares of Digital Realty Trust during the fourth quarter worth about $3,402,995,000. Finally, Pacific Heights Asset Management LLC grew its holdings in shares of Digital Realty Trust by 20.0% during the fourth quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust’s stock worth $23,206,000 after buying an additional 25,000 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Performance

DLR opened at $176.15 on Tuesday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The business has a 50 day moving average of $185.22 and a 200-day moving average of $180.08. The stock has a market cap of $61.90 billion, a price-to-earnings ratio of 46.48, a PEG ratio of 4.72 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period in the previous year, the firm earned $1.77 EPS. The firm’s revenue was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s payout ratio is currently 128.76%.

Analysts Set New Price Targets

Several research firms have commented on DLR. Mizuho boosted their target price on Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. JPMorgan Chase & Co. raised their price target on shares of Digital Realty Trust from $210.00 to $230.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Stifel Nicolaus lifted their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a report on Friday, April 24th. BNP Paribas Exane boosted their price objective on shares of Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, TD Cowen increased their target price on shares of Digital Realty Trust from $185.00 to $192.00 and gave the stock a “hold” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $216.17.

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.