SEB Asset Management AB Buys Shares of 80,255 Digital Realty Trust, Inc. $DLR

SEB Asset Management AB purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) during the first quarter, Holdings Channel.com reports. The fund purchased 80,255 shares of the real estate investment trust’s stock, valued at approximately $14,463,000.

Several other institutional investors and hedge funds also recently made changes to their positions in DLR. Vanguard Group Inc. raised its stake in Digital Realty Trust by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock valued at $8,394,620,000 after acquiring an additional 854,828 shares during the period. Cohen & Steers Inc. lifted its holdings in Digital Realty Trust by 18.0% during the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after purchasing an additional 4,276,073 shares during the last quarter. Norges Bank bought a new position in Digital Realty Trust during the fourth quarter worth about $3,402,995,000. State Street Corp boosted its position in Digital Realty Trust by 1.1% during the fourth quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock worth $3,219,256,000 after purchasing an additional 231,933 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Digital Realty Trust by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 9,234,073 shares of the real estate investment trust’s stock worth $1,423,373,000 after purchasing an additional 197,180 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

DLR opened at $176.15 on Tuesday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $61.90 billion, a P/E ratio of 46.48, a PEG ratio of 4.72 and a beta of 1.03. The stock has a 50-day moving average price of $185.22 and a 200-day moving average price of $180.08. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14.

Digital Realty Trust (NYSE:DLRGet Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.Digital Realty Trust’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period last year, the firm posted $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Equities analysts predict that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is 128.76%.

Analysts Set New Price Targets

DLR has been the topic of several research reports. Raymond James Financial boosted their price target on shares of Digital Realty Trust from $210.00 to $235.00 and gave the company a “strong-buy” rating in a research report on Friday, April 24th. Sanford C. Bernstein lifted their price objective on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. The Goldman Sachs Group reissued a “buy” rating and set a $215.00 target price on shares of Digital Realty Trust in a report on Friday, April 24th. BTIG Research started coverage on Digital Realty Trust in a research report on Friday, July 10th. They set a “buy” rating and a $215.00 target price on the stock. Finally, Mizuho raised their price target on Digital Realty Trust from $180.00 to $217.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average target price of $216.17.

Check Out Our Latest Research Report on DLR

Digital Realty Trust Profile

(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.

See Also

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

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