RB Capital Management LLC Takes $697,000 Position in Digital Realty Trust, Inc. $DLR

RB Capital Management LLC purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,884 shares of the real estate investment trust’s stock, valued at approximately $697,000.

Several other hedge funds have also recently bought and sold shares of DLR. Bison Wealth LLC grew its stake in Digital Realty Trust by 17.2% in the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after acquiring an additional 390 shares during the last quarter. Empowered Funds LLC raised its position in 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 lifted its holdings in shares of Digital Realty Trust by 23.0% in the second quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock valued at $3,790,000 after purchasing an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina grew its position in shares of Digital Realty Trust by 3.9% in the second quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock valued at $27,469,000 after purchasing an additional 5,909 shares during the last quarter. Finally, Peapack Gladstone Financial Corp grew its position in shares of Digital Realty Trust by 0.8% in the second quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock valued at $4,816,000 after purchasing an additional 231 shares during the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on DLR. Weiss Ratings downgraded Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $229.00 price target on shares of Digital Realty Trust in a research report on Monday, July 27th. Evercore reissued an “outperform” rating and issued a $240.00 price target on shares of Digital Realty Trust in a report on Tuesday, August 18th. Finally, Wells Fargo & Company upgraded Digital Realty Trust from an “overweight” rating to a “buy” rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Stock Performance

Shares of DLR opened at $185.26 on Friday. 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 company has a market capitalization of $68.73 billion, a price-to-earnings ratio of 89.93, a PEG ratio of 5.44 and a beta of 1.03. The company’s 50 day simple moving average is $187.16 and its 200 day simple moving average is $186.24. 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 announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (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 firm’s revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, sell-side analysts predict that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.

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.