2,753 Shares in Digital Realty Trust, Inc. $DLR Acquired by World Equity Group Inc.

World Equity Group Inc. acquired a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, HoldingsChannel reports. The firm acquired 2,753 shares of the real estate investment trust’s stock, valued at approximately $494,000.

Other hedge funds also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. raised its holdings in shares of 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 acquiring an additional 20,735 shares in the last quarter. Norges Bank bought a new position in Digital Realty Trust during the 4th quarter worth about $3,402,995,000. Legal & General Group Plc increased its position in Digital Realty Trust by 5.9% during 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 purchasing an additional 224,688 shares during the period. Pacific Heights Asset Management LLC increased its position in Digital Realty Trust by 20.0% during 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 period. Finally, Eurizon Capital SGR S.p.A. bought a new stake in shares of Digital Realty Trust in the 4th quarter valued at about $21,224,000. Institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Wells Fargo & Company upgraded Digital Realty Trust from an “overweight” rating to a “buy” rating in a report on Wednesday, August 5th. Mizuho set a $223.00 price target on Digital Realty Trust in a report on Monday. Citizens Jmp boosted their price target on Digital Realty Trust from $220.00 to $250.00 and gave the stock a “market outperform” rating in a research report on Monday, April 27th. Scotiabank upped their price objective on Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research note on Monday, April 27th. Finally, Truist Financial dropped their price objective on Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $218.16.

Digital Realty Trust Price Performance

NYSE DLR opened at $190.99 on Tuesday. The company has a market cap of $70.67 billion, a price-to-earnings ratio of 92.71, a PEG ratio of 5.52 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The stock’s fifty day moving average price is $185.00 and its 200 day moving average price is $183.49. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The firm had revenue of $1.92 billion for 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 business’s revenue was up 28.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities research analysts forecast that Digital Realty Trust, Inc. will post 8.35 earnings per share for the current year.

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.