Jupiter Topco LLC Invests $137.04 Million in Digital Realty Trust, Inc. $DLR

Jupiter Topco LLC acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 762,850 shares of the real estate investment trust’s stock, valued at approximately $137,040,000.

Several other hedge funds have also recently added to or reduced their stakes in DLR. BlackRock Inc. acquired a new position in shares of Digital Realty Trust during the second quarter valued at $7,277,032,000. Cohen & Steers Inc. lifted its holdings in Digital Realty Trust by 18.0% in the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after purchasing an additional 4,276,073 shares during the period. Norges Bank bought a new position in Digital Realty Trust in the 4th quarter valued at about $3,402,995,000. State Street Corp grew its position in Digital Realty Trust by 1.1% in the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock valued at $3,219,256,000 after buying an additional 231,933 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Digital Realty Trust by 6.0% during the 1st quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust’s stock valued at $1,706,714,000 after buying an additional 534,158 shares during the period. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

DLR has been the subject of a number of research analyst reports. Guggenheim raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research note on Wednesday, July 15th. Barclays raised their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 1st. KeyCorp restated a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Weiss Ratings lowered Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Finally, Mizuho set a $223.00 price target on Digital Realty Trust in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $219.45.

Digital Realty Trust Stock Performance

Shares of DLR opened at $193.14 on Thursday. The firm’s 50 day moving average is $187.13 and its 200-day moving average is $186.10. The stock has a market capitalization of $71.65 billion, a P/E ratio of 93.76, a P/E/G ratio of 5.45 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its 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 business 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 revenue for the quarter was up 28.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

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

Digital Realty Trust Company 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.