Nissay Asset Management Corp Japan Buys 2,717 Shares of Digital Realty Trust, Inc. $DLR

Nissay Asset Management Corp Japan increased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,003 shares of the real estate investment trust’s stock after purchasing an additional 2,717 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Digital Realty Trust were worth $17,599,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cherry Creek Investment Advisors Inc. raised its position in Digital Realty Trust by 0.3% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock worth $3,378,000 after purchasing an additional 51 shares during the last quarter. Columbia Bank boosted its position in shares of Digital Realty Trust by 0.9% in the 1st quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock worth $1,111,000 after purchasing an additional 53 shares during the last quarter. GHP Investment Advisors Inc. grew its stake in shares of Digital Realty Trust by 9.1% during the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 55 shares during the period. South Plains Financial Inc. increased its holdings in Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 56 shares during the last quarter. Finally, Denali Advisors LLC lifted its stake in Digital Realty Trust by 1.3% in the second quarter. Denali Advisors LLC now owns 4,359 shares of the real estate investment trust’s stock valued at $783,000 after buying an additional 56 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DLR. Evercore restated an “outperform” rating and set a $240.00 target price on shares of Digital Realty Trust in a report on Tuesday, August 18th. TD Cowen raised Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price target for the company from $192.00 to $222.00 in a research note on Friday, July 24th. Barclays increased their price target on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 1st. Guggenheim upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a report on Wednesday, July 15th. Finally, Argus raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price for the company in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $219.45.

Digital Realty Trust Stock Down 3.6%

NYSE:DLR opened at $185.26 on Friday. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The stock has a 50-day moving average price of $187.16 and a two-hundred day moving average price of $186.24. The stock has a market cap of $68.73 billion, a price-to-earnings ratio of 89.93, a PEG ratio of 5.26 and a beta of 1.03. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR) last released 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). 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 period in the prior year, the business earned $1.87 EPS. The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.6%. Digital Realty Trust’s payout ratio is presently 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.