Nykredit A S Takes Position in Digital Realty Trust, Inc. $DLR

Nykredit A S purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLRFree Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 139,849 shares of the real estate investment trust’s stock, valued at approximately $25,114,000.

A number of other hedge funds also recently bought and sold shares of the business. Bison Wealth LLC lifted its position in shares of Digital Realty Trust by 17.2% during the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after buying an additional 390 shares in the last quarter. Empowered Funds LLC increased its holdings in Digital Realty Trust by 9.4% in the 1st 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 in the last quarter. NewEdge Advisors LLC increased its holdings in Digital Realty Trust by 23.0% in the 2nd 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 in the last quarter. Treasurer of the State of North Carolina raised 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 raised 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. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling

In related news, Director Mark Patterson sold 200 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total transaction of $38,792.00. Following the transaction, the director owned 6,322 shares in the company, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.15% of the company’s stock.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $187.72 on Friday. The firm has a 50-day simple moving average of $186.45 and a 200-day simple moving average of $186.56. 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 capitalization of $69.64 billion, a price-to-earnings ratio of 91.13, a price-to-earnings-growth ratio of 3.52 and a beta of 1.02. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14.

Digital Realty Trust (NYSE:DLRGet Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm’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 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities analysts predict that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared 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 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 236.89%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a research report on Friday, July 24th. Cantor Fitzgerald raised their price target 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. Royal Bank Of Canada lifted their price objective on Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Finally, Wells Fargo & Company raised Digital Realty Trust from an “overweight” rating to a “buy” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $219.45.

View Our Latest Stock Analysis on DLR

About Digital Realty Trust

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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