Global Retirement Partners LLC Buys New Stake in Digital Realty Trust, Inc. $DLR

Global Retirement Partners LLC acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 5,095 shares of the real estate investment trust’s stock, valued at approximately $915,000.

A number of other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Digital Realty Trust during the fourth quarter worth $3,402,995,000. Cohen & Steers Inc. raised its position in shares of Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after buying an additional 4,276,073 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Digital Realty Trust by 686.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock worth $831,123,000 after buying an additional 4,195,862 shares during the period. Bank of New York Mellon Corp acquired a new position in Digital Realty Trust in the second quarter valued at $352,539,000. Finally, Viking Global Investors LP purchased a new stake in Digital Realty Trust during the fourth quarter valued at about $233,301,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

DLR has been the subject of several research analyst reports. BNP Paribas Exane upped their price target on Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Sanford C. Bernstein lifted their price objective on Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. increased their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Argus upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target on the stock in a report on Wednesday, August 5th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Price Performance

DLR stock opened at $195.49 on Wednesday. The firm has a market cap of $72.34 billion, a P/E ratio of 94.90, a price-to-earnings-growth ratio of 5.67 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The stock has a 50-day simple moving average of $186.30 and a 200-day simple moving average of $185.00.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate 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 return on equity of 3.34% and a net margin of 11.80%.The business’s revenue was up 28.9% on a year-over-year basis. During the same period last year, the firm posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities analysts predict that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s payout ratio is presently 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.