NewEdge Wealth LLC Purchases New Position in Digital Realty Trust, Inc. $DLR

NewEdge Wealth LLC acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,301 shares of the real estate investment trust’s stock, valued at approximately $772,000.

Other institutional investors have also recently made changes to their positions in the company. Nomura Asset Management Co. Ltd. lifted its position in shares of Digital Realty Trust by 3.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock worth $92,557,000 after purchasing an additional 20,735 shares during the period. Norges Bank bought a new position in Digital Realty Trust in the fourth quarter worth approximately $3,402,995,000. Legal & General Group Plc raised its stake in Digital Realty Trust by 5.9% in 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 in the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in Digital Realty Trust during the 4th quarter valued at $21,224,000. Finally, Pacific Heights Asset Management LLC lifted its stake in shares of Digital Realty Trust by 20.0% during the 4th quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust’s stock worth $23,206,000 after purchasing an additional 25,000 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on DLR. Argus raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price for the company in a research report on Wednesday, August 5th. Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Citizens Jmp raised their price target on Digital Realty Trust from $220.00 to $250.00 and gave the stock a “market outperform” rating in a report on Monday, April 27th. Scotiabank increased their price objective on shares of Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. Finally, Wells Fargo & Company raised shares of Digital Realty Trust from an “overweight” rating to a “buy” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Trading Down 1.8%

Shares of Digital Realty Trust stock opened at $190.81 on Friday. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market cap of $70.79 billion, a PE ratio of 92.63, a price-to-earnings-growth ratio of 5.40 and a beta of 1.03. The firm has a fifty day moving average price of $186.89 and a 200 day moving average price of $185.41.

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). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the previous year, the business posted $1.87 EPS. The business’s quarterly revenue 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. Equities research analysts predict that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

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 given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, September 15th. 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.