First Trust Advisors LP Increases Stock Position in Digital Realty Trust, Inc. $DLR

First Trust Advisors LP raised its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 38.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,965 shares of the real estate investment trust’s stock after acquiring an additional 38,992 shares during the period. First Trust Advisors LP’s holdings in Digital Realty Trust were worth $25,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Nomura Asset Management Co. Ltd. lifted its stake in Digital Realty Trust by 3.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock valued at $92,557,000 after buying an additional 20,735 shares during the last quarter. Norges Bank acquired a new position in shares of Digital Realty Trust in the 4th quarter valued at $3,402,995,000. Legal & General Group Plc increased its holdings in shares of Digital Realty Trust by 5.9% in the 4th quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock valued at $619,956,000 after acquiring an additional 224,688 shares during the period. Pacific Heights Asset Management LLC raised its position in Digital Realty Trust by 20.0% in the 4th quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust’s stock valued at $23,206,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in Digital Realty Trust during the 4th quarter worth $21,224,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 1.3%

DLR stock opened at $193.14 on Wednesday. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.59 and a current ratio of 0.87. The company has a fifty day moving average of $184.84 and a 200-day moving average of $181.43. The stock has a market capitalization of $67.87 billion, a PE ratio of 93.76, a price-to-earnings-growth ratio of 5.60 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last released its earnings results 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). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the previous year, the firm posted $1.87 EPS. The business’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. As a group, analysts expect that Digital Realty Trust, Inc. will post 8.32 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were 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 was Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 236.89%.

Wall Street Analyst Weigh In

A number of research firms have commented on DLR. Wolfe Research lifted their price objective on shares of Digital Realty Trust from $194.00 to $211.00 and gave the company an “outperform” rating in a research note on Monday, April 6th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a report on Friday. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday. Morgan Stanley upped their price objective on Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, BNP Paribas Exane increased their price objective on Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $218.00.

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.