FJ Capital Management LLC acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,391 shares of the real estate investment trust’s stock, valued at approximately $834,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of DLR. Bison Wealth LLC increased its stake in shares of Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after purchasing an additional 390 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Digital Realty Trust by 9.4% during 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 boosted its position in shares of Digital Realty Trust by 23.0% during 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 boosted its position in shares of 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 last quarter. Finally, Peapack Gladstone Financial Corp boosted its position in shares of 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 last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of brokerages recently weighed in on DLR. Stifel Nicolaus upped their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Scotiabank upped their target price on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research report on Monday, April 27th. Raymond James Financial upped their target price on shares of Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a research report on Friday, April 24th. Weiss Ratings upgraded shares of Digital Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 6th. Finally, Jefferies Financial Group upped their target price on shares of Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $215.89.
Digital Realty Trust Price Performance
DLR stock opened at $184.22 on Friday. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The company has a fifty day simple moving average of $191.54 and a two-hundred day simple moving average of $175.24. The firm has a market capitalization of $64.74 billion, a P/E ratio of 48.61, a price-to-earnings-growth ratio of 5.01 and a beta of 1.02.
Digital Realty Trust (NYSE:DLR – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the business earned $1.77 earnings per share. Digital Realty Trust’s quarterly revenue was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Analysts anticipate that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.
Digital Realty Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $1.22 per share. The ex-dividend date is Monday, June 15th. This represents a $4.88 annualized dividend and a yield of 2.6%. Digital Realty Trust’s dividend payout ratio (DPR) is 128.76%.
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.
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