Daiwa Securities Group Inc. Buys 429,507 Shares of Digital Realty Trust, Inc. $DLR

Daiwa Securities Group Inc. grew its stake in Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 10.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,546,218 shares of the real estate investment trust’s stock after purchasing an additional 429,507 shares during the period. Digital Realty Trust comprises approximately 2.2% of Daiwa Securities Group Inc.’s investment portfolio, making the stock its 12th largest position. Daiwa Securities Group Inc.’s holdings in Digital Realty Trust were worth $703,346,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sunbelt Securities Inc. increased its position in Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 125 shares in the last quarter. Harvest Fund Management Co. Ltd boosted its position in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 165 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Digital Realty Trust during the third quarter worth $34,000. Hantz Financial Services Inc. increased its holdings in shares of Digital Realty Trust by 157.4% during the fourth quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 148 shares in the last quarter. Finally, Salomon & Ludwin LLC increased its holdings in shares of Digital Realty Trust by 63.5% during the fourth quarter. Salomon & Ludwin LLC now owns 255 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 99 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Up 3.0%

Shares of NYSE:DLR opened at $188.94 on Friday. The firm has a market cap of $66.40 billion, a P/E ratio of 49.85, a P/E/G ratio of 4.99 and a beta of 1.02. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The business has a fifty day simple moving average of $190.74 and a 200 day simple moving average of $174.29.

Digital Realty Trust (NYSE:DLRGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The business’s revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Analysts predict that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $1.22 dividend. The ex-dividend date is Monday, June 15th. This represents a $4.88 annualized dividend and a yield of 2.6%. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on DLR shares. Citigroup reissued an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. Wells Fargo & Company increased their target price on Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Truist Financial reissued a “buy” rating and set a $208.00 price target (up from $207.00) on shares of Digital Realty Trust in a research note on Thursday, May 14th. Cantor Fitzgerald restated an “overweight” rating and set a $211.00 price target on shares of Digital Realty Trust in a report on Friday, May 1st. Finally, Raymond James Financial upped their price objective on Digital Realty Trust from $210.00 to $235.00 and gave the company a “strong-buy” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $215.89.

Get Our Latest Analysis on Digital Realty Trust

About Digital Realty Trust

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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