Flputnam Investment Management Co. Takes Position in Digital Realty Trust, Inc. $DLR

Flputnam Investment Management Co. purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 20,365 shares of the real estate investment trust’s stock, valued at approximately $3,657,000.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at about $7,277,032,000. Norges Bank acquired a new stake in shares of Digital Realty Trust during the fourth quarter worth approximately $3,402,995,000. Bank of America Corp DE purchased a new position in Digital Realty Trust during the second quarter valued at approximately $1,605,671,000. Canada Pension Plan Investment Board acquired a new position in Digital Realty Trust in the 2nd quarter valued at approximately $1,178,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Digital Realty Trust by 17,256.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust’s stock valued at $878,325,000 after buying an additional 4,862,814 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Stock Down 0.1%

Shares of Digital Realty Trust stock opened at $185.26 on Monday. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The stock has a 50 day moving average price of $187.16 and a two-hundred day moving average price of $186.34. The stock has a market capitalization of $68.73 billion, a P/E ratio of 89.93, a PEG ratio of 5.26 and a beta of 1.03.

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). The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have issued reports on DLR shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $229.00 target price on shares of Digital Realty Trust in a research note on Monday, July 27th. JPMorgan Chase & Co. lifted their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a research report on Friday, July 24th. Weiss Ratings downgraded Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Cantor Fitzgerald lifted their price target on Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, Evercore reaffirmed an “outperform” rating and set a $240.00 price objective on shares of Digital Realty Trust in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $219.45.

Digital Realty Trust Company 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.