Clear Harbor Asset Management LLC Takes Position in Digital Realty Trust, Inc. $DLR

Clear Harbor Asset Management LLC purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, Holdings Channel reports. The firm purchased 2,780 shares of the real estate investment trust’s stock, valued at approximately $499,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of Nova Scotia purchased a new stake in shares of Digital Realty Trust in the 2nd quarter worth $6,943,000. Compass Financial Management LLC purchased a new stake in Digital Realty Trust in the second quarter worth about $399,000. Elevation Point Wealth Partners LLC purchased a new position in Digital Realty Trust during the 2nd quarter valued at about $1,979,000. Greenland Capital Management LP bought a new stake in shares of Digital Realty Trust in the 2nd quarter valued at about $5,289,000. Finally, Alta Advisers Ltd bought a new stake in shares of Digital Realty Trust in the 2nd quarter valued at about $221,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 0.1%

NYSE DLR opened at $190.81 on Monday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The firm has a market cap of $70.79 billion, a PE ratio of 92.63, a price-to-earnings-growth ratio of 5.40 and a beta of 1.03. The company has a 50 day moving average price of $186.89 and a 200 day moving average price of $185.56. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14.

Digital Realty Trust (NYSE:DLR) last posted its earnings results 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 firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The company’s revenue was up 28.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued 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 is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is currently 236.89%.

Analyst Upgrades and Downgrades

DLR has been the topic of a number of recent research reports. Cantor Fitzgerald increased their price objective on shares of Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Barclays boosted their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 1st. Scotiabank increased their target price on Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. Royal Bank Of Canada lifted their price target on Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Finally, Guggenheim raised Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $219.45.

About Digital Realty Trust

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.