Deutsche Bank AG Makes New $408.37 Million Investment in Digital Realty Trust, Inc. $DLR

Deutsche Bank AG purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,274,033 shares of the real estate investment trust’s stock, valued at approximately $408,371,000. Deutsche Bank AG owned about 0.61% of Digital Realty Trust as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of DLR. Bison Wealth LLC lifted its position in shares of Digital Realty Trust by 17.2% in the fourth 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 last quarter. Empowered Funds LLC boosted its stake in shares of Digital Realty Trust by 9.4% during the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after acquiring an additional 584 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Digital Realty Trust by 23.0% during the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock valued at $3,790,000 after acquiring an additional 4,069 shares during the last quarter. Treasurer of the State of North Carolina increased its holdings 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 raised its stake in shares of Digital Realty Trust by 0.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock valued at $4,816,000 after acquiring an additional 231 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on DLR shares. BNP Paribas Exane lifted their price target on shares of Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Scotiabank upped their price objective on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. Weiss Ratings lowered shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Royal Bank Of Canada boosted their target price on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Finally, HSBC upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price target for the company from $210.00 to $240.00 in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $219.13.

View Our Latest Research Report on DLR

Digital Realty Trust Trading Down 0.9%

Shares of Digital Realty Trust stock opened at $198.36 on Tuesday. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The company’s fifty day simple moving average is $186.09 and its 200-day simple moving average is $184.77. The company has a market cap of $73.40 billion, a price-to-earnings ratio of 96.29, a PEG ratio of 5.67 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.

Digital Realty Trust (NYSE:DLRGet Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, sell-side analysts expect that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.

Digital Realty Trust Company 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.

Further Reading

Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLRFree Report).

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

Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.