Meiji Yasuda Asset Management Co Ltd. Purchases New Shares in Digital Realty Trust, Inc. $DLR

Meiji Yasuda Asset Management Co Ltd. purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,856 shares of the real estate investment trust’s stock, valued at approximately $692,000.

A number of other large investors also recently added to or reduced their stakes in DLR. Sunbelt Securities Inc. increased its stake in shares of Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 125 shares in the last quarter. Gables Capital Management Inc. acquired a new position in shares of Digital Realty Trust during the 2nd quarter worth about $29,000. Bell Investment Advisors Inc lifted its stake in Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 62 shares in the last quarter. Harvest Fund Management Co. Ltd lifted its stake in Digital Realty Trust by 970.6% in 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 buying an additional 165 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in Digital Realty Trust in the 3rd quarter worth about $34,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Up 1.9%

DLR opened at $192.20 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The company’s 50 day simple moving average is $187.01 and its two-hundred day simple moving average is $185.90. The firm has a market capitalization of $71.30 billion, a price-to-earnings ratio of 93.30, a price-to-earnings-growth ratio of 5.34 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.

Digital Realty Trust (NYSE:DLR) last posted 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). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the business posted $1.87 EPS. Digital Realty Trust’s revenue for the quarter was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Analysts expect that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Truist Financial cut their price objective on Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Royal Bank Of Canada lifted their price target on Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Wells Fargo & Company raised Digital Realty Trust from an “overweight” rating to a “buy” rating in a research note on Wednesday, August 5th. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a report on Wednesday, July 15th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $219.45.

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.