EFG International AG purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the 2nd quarter, Holdings Channel reports. The firm purchased 13,086 shares of the real estate investment trust’s stock, valued at approximately $2,351,000.
A number of other institutional investors also recently made changes to their positions in the stock. Sunbelt Securities Inc. lifted its position in shares of Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 125 shares in the last quarter. Gables Capital Management Inc. acquired a new position in Digital Realty Trust in the 2nd quarter valued at about $29,000. Bell Investment Advisors Inc lifted its holdings in Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares in the last quarter. Harvest Fund Management Co. Ltd boosted its stake in shares of Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 165 shares during the last quarter. Finally, Solstein Capital LLC purchased a new stake in shares of Digital Realty Trust during the second quarter worth about $32,000. 99.71% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. Mizuho set a $223.00 target price on shares of Digital Realty Trust in a research note on Monday, August 10th. Argus raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target on the stock in a research note on Wednesday, August 5th. Cantor Fitzgerald raised their price objective on Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Finally, HSBC upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $210.00 to $240.00 in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $219.45.
Digital Realty Trust Price Performance
Shares of Digital Realty Trust stock opened at $193.14 on Thursday. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The stock has a market capitalization of $71.65 billion, a P/E ratio of 93.76, a PEG ratio of 5.45 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. The business’s fifty day moving average price is $187.13 and its 200 day moving average price is $186.10.
Digital Realty Trust (NYSE:DLR – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analysts’ expectations of $1.66 billion. During the same quarter in the prior year, the firm earned $1.87 earnings per share. Digital Realty Trust’s quarterly revenue 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, research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.
Digital Realty Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is 236.89%.
Digital Realty Trust 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.
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