JGP Global Gestao de Recursos Ltda. Buys New Position in Digital Realty Trust, Inc. $DLR

JGP Global Gestao de Recursos Ltda. bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,290 shares of the real estate investment trust’s stock, valued at approximately $1,806,000. Digital Realty Trust accounts for about 4.2% of JGP Global Gestao de Recursos Ltda.’s investment portfolio, making the stock its 4th biggest holding.

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 in the 2nd quarter worth approximately $7,277,032,000. Bank of America Corp DE boosted its stake in shares of Digital Realty Trust by 6.0% in 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 purchasing an additional 534,158 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of Digital Realty Trust during the second quarter worth $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Digital Realty Trust by 17,256.9% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust’s stock worth $878,325,000 after buying an additional 4,862,814 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Digital Realty Trust by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 4,850,416 shares of the real estate investment trust’s stock worth $874,046,000 after buying an additional 35,850 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 0.9%

DLR opened at $176.08 on Friday. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The company has a market cap of $65.33 billion, a P/E ratio of 85.48, a price-to-earnings-growth ratio of 3.37 and a beta of 0.99. The company has a fifty day moving average price of $185.05 and a two-hundred day moving average price of $187.15.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share 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 net margin of 11.80% and a return on equity of 3.34%. Digital Realty Trust’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter 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. Analysts predict that Digital Realty Trust, Inc. will post 8.40 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is 236.89%.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the transaction, the director owned 6,322 shares in the company, valued at approximately $1,226,215.12. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on DLR shares. Mizuho set a $223.00 target price on shares of Digital Realty Trust in a report on Monday, August 10th. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Cantor Fitzgerald increased their price target on Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Barclays lifted their price objective on Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. boosted their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $219.69.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data center facilities for businesses, cloud service providers, information technology companies and telecommunications organizations. The company provides the physical infrastructure needed to support data storage, networking, cloud computing and other digital operations.

Its services include data center colocation, interconnection and private connectivity solutions. Digital Realty also offers access to cloud and network providers through its PlatformDIGITAL platform, which is designed to help customers deploy, connect and manage their digital infrastructure across multiple locations.

Founded in 2001, Digital Realty serves customers through a global portfolio of data centers and related facilities across North America, Europe, Asia-Pacific and Latin America.