5,851 Shares in Digital Realty Trust, Inc. $DLR Purchased by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,851 shares of the real estate investment trust’s stock, valued at approximately $1,051,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLR. Bison Wealth LLC lifted its holdings in shares of Digital Realty Trust by 17.2% during the fourth 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 shares of Digital Realty Trust by 9.4% in the first 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 during the last quarter. NewEdge Advisors LLC grew its stake 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 worth $3,790,000 after acquiring an additional 4,069 shares during the last quarter. Treasurer of the State of North Carolina increased its position in Digital Realty Trust by 3.9% during 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 increased its position 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 acquiring an additional 231 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE DLR opened at $190.81 on Friday. 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 stock has a market cap of $70.79 billion, a P/E ratio of 92.63, a PEG ratio of 5.40 and a beta of 1.03. The company’s 50-day simple moving average is $186.89 and its 200 day simple moving average is $185.41.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The firm’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, research analysts forecast that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $1.22 per share. 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 dividend payout ratio (DPR) is 236.89%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on DLR. HSBC raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price target for the company from $210.00 to $240.00 in a report on Thursday, August 13th. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. 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. Citizens Jmp upped their target price on Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a research note on Monday, April 27th. Finally, Argus raised 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. One 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $219.45.

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.