North Dakota State Investment Board Makes New Investment in Digital Realty Trust, Inc. $DLR

North Dakota State Investment Board acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 4th quarter, Holdings Channel reports. The firm acquired 11,583 shares of the real estate investment trust’s stock, valued at approximately $1,792,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Sunbelt Securities Inc. grew its position in shares of Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares in the last quarter. Harvest Fund Management Co. Ltd boosted its position in 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 valued at $31,000 after purchasing an additional 165 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Digital Realty Trust during the 3rd quarter valued at $34,000. Salomon & Ludwin LLC raised its stake in Digital Realty Trust by 63.5% during the 4th quarter. Salomon & Ludwin LLC now owns 255 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 99 shares in the last quarter. Finally, Colonial Trust Co SC raised its stake in Digital Realty Trust by 43.0% during the 3rd quarter. Colonial Trust Co SC now owns 236 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 71 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Price Performance

NYSE DLR opened at $186.26 on Wednesday. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. The stock has a market capitalization of $65.45 billion, a PE ratio of 49.14, a P/E/G ratio of 5.12 and a beta of 1.06. The stock has a 50-day simple moving average of $188.04 and a 200 day simple moving average of $172.35.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the previous year, the firm earned $1.77 EPS. The firm’s revenue was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Research analysts anticipate that Digital Realty Trust, Inc. will post 8.06 EPS for the current year.

Digital Realty Trust Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on DLR shares. JPMorgan Chase & Co. boosted their price objective on Digital Realty Trust from $210.00 to $230.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research report on Thursday, January 29th. Citigroup reiterated an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. The Goldman Sachs Group reiterated a “buy” rating and set a $215.00 price target on shares of Digital Realty Trust in a report on Friday, April 24th. Finally, TD Cowen boosted their target price on Digital Realty Trust from $185.00 to $192.00 and gave the company a “hold” 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 issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $215.89.

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.