Osmosis Investment Management UK Ltd purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,380 shares of the real estate investment trust’s stock, valued at approximately $1,864,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gables Capital Management Inc. acquired a new stake in shares of Digital Realty Trust in the 2nd quarter worth $29,000. Sunbelt Securities Inc. increased its stake in shares of Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares during the period. Bell Investment Advisors Inc increased its stake in shares of Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 62 shares during the period. Solstein Capital LLC purchased a new position in Digital Realty Trust during the second quarter worth about $32,000. Finally, Harvest Fund Management Co. Ltd lifted its position in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 165 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on DLR. Wall Street Zen raised Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Scotiabank lifted their price target on Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research note on Monday, April 27th. Mizuho set a $223.00 price objective on Digital Realty Trust in a report on Monday, August 10th. BTIG Research began coverage on Digital Realty Trust in a report on Friday, July 10th. They issued a “buy” rating and a $215.00 target price for the company. Finally, Barclays upped their price target on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 1st. One 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $219.45.
Digital Realty Trust Stock Performance
NYSE DLR opened at $188.52 on Tuesday. The business has a 50 day moving average price of $186.97 and a 200 day moving average price of $185.72. The company has a market capitalization of $69.94 billion, a P/E ratio of 91.51, a PEG ratio of 5.40 and a beta of 1.03. 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.
Digital Realty Trust (NYSE:DLR – Get Free Report) last posted its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period last year, the company posted $1.87 EPS. The firm’s revenue for the quarter 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. Sell-side analysts expect that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.
Digital Realty Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 yield of 2.6%. Digital Realty Trust’s payout ratio is presently 236.89%.
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.
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