Strs Ohio Buys 23,388 Shares of Digital Realty Trust, Inc. $DLR

Strs Ohio increased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 4.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 539,831 shares of the real estate investment trust’s stock after acquiring an additional 23,388 shares during the quarter. Strs Ohio’s holdings in Digital Realty Trust were worth $97,283,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DLR. Bison Wealth LLC boosted its holdings in Digital Realty Trust by 17.2% in the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after buying an additional 390 shares during the period. Empowered Funds LLC grew its position in shares of Digital Realty Trust by 9.4% during the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock valued at $972,000 after purchasing an additional 584 shares in the last quarter. NewEdge Advisors LLC increased its stake in Digital Realty Trust by 23.0% in the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after acquiring an additional 4,069 shares during the last quarter. Treasurer of the State of North Carolina boosted its position in shares of Digital Realty Trust by 3.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock valued at $27,469,000 after acquiring an additional 5,909 shares during the last quarter. Finally, Peapack Gladstone Financial Corp grew its holdings in shares of Digital Realty Trust by 0.8% in the second quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock valued at $4,816,000 after purchasing an additional 231 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

DLR has been the topic of a number of recent research reports. TD Cowen upped their price target on shares of Digital Realty Trust from $185.00 to $192.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Wolfe Research boosted their target price on shares of Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. UBS Group upped their target price on shares of Digital Realty Trust from $225.00 to $227.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Scotiabank increased their price target on shares of Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a report on Monday, April 27th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $216.81.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $173.09 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. The firm has a market capitalization of $60.82 billion, a P/E ratio of 45.67, a price-to-earnings-growth ratio of 4.79 and a beta of 1.03. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The company’s 50-day moving average is $190.43 and its 200 day moving average is $178.13.

Digital Realty Trust (NYSE:DLR) last released its 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. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the prior year, the firm posted $1.77 earnings per share. The company’s quarterly revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Research analysts forecast that Digital Realty Trust, Inc. will post 8.05 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s payout ratio is presently 128.76%.

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.