Galaxy Digital Capital Management GP LLC bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 15,800 shares of the real estate investment trust’s stock, valued at approximately $2,837,000. Digital Realty Trust accounts for about 1.4% of Galaxy Digital Capital Management GP LLC’s portfolio, making the stock its 22nd largest holding.
Several other institutional investors also recently made changes to their positions in the stock. Gables Capital Management Inc. bought a new position in Digital Realty Trust during the 2nd quarter worth $29,000. Sunbelt Securities Inc. lifted its stake in Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 125 shares during the last quarter. Bell Investment Advisors Inc boosted its holdings 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 valued at $31,000 after acquiring an additional 62 shares during the period. Solstein Capital LLC acquired a new position in shares of Digital Realty Trust during the second quarter valued at $32,000. Finally, Harvest Fund Management Co. Ltd grew its position in shares of Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 165 shares during the last quarter. 99.71% of the stock is owned by institutional investors.
Analyst Ratings Changes
DLR has been the topic of a number of analyst reports. Wall Street Zen raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Cantor Fitzgerald boosted their target price on shares of Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Barclays upped their target price on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 1st. Argus upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target on the stock in a research note on Wednesday, August 5th. Finally, TD Cowen raised Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the company from $192.00 to $222.00 in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $219.45.
Digital Realty Trust Price Performance
Shares of DLR opened at $192.20 on Wednesday. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The stock’s fifty day moving average is $187.01 and its 200-day moving average is $185.90. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $71.30 billion, a price-to-earnings ratio of 93.30, a price-to-earnings-growth ratio of 5.34 and a beta of 1.03.
Digital Realty Trust (NYSE:DLR – Get Free Report) last issued its quarterly earnings results 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). The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The company’s revenue was up 28.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.
Digital Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s payout ratio is presently 236.89%.
Digital Realty Trust Company 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.
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