Tacita Capital Inc purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,266 shares of the real estate investment trust’s stock, valued at approximately $1,125,000.
Several other hedge funds have also recently made changes to their positions in DLR. Denali Advisors LLC lifted its position in Digital Realty Trust by 1.3% during the second quarter. Denali Advisors LLC now owns 4,359 shares of the real estate investment trust’s stock valued at $783,000 after purchasing an additional 56 shares during the period. NewEdge Wealth LLC purchased a new stake in Digital Realty Trust in the second quarter worth approximately $772,000. Dala Group LLC bought a new stake in Digital Realty Trust in the 2nd quarter worth approximately $252,000. Great Lakes Advisors LLC bought a new stake in Digital Realty Trust in the 2nd quarter worth approximately $2,646,000. Finally, Pacific Sun Financial Corp purchased a new stake in Digital Realty Trust during the 2nd quarter valued at $1,655,000. 99.71% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the company. Stifel Nicolaus increased their price target on Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a report on Friday, April 24th. 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 report on Wednesday, July 1st. Sanford C. Bernstein increased their target price on Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Wall Street Zen raised Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $215.00 price target on shares of Digital Realty Trust in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $219.45.
Digital Realty Trust Trading Down 1.6%
NYSE:DLR opened at $192.21 on Thursday. 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 firm has a market capitalization of $71.13 billion, a price-to-earnings ratio of 93.31, a price-to-earnings-growth ratio of 5.53 and a beta of 1.03. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The business has a fifty day moving average price of $186.53 and a 200-day moving average price of $185.18.
Digital Realty Trust (NYSE:DLR – Get Free Report) last released its earnings results 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). 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 for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter last year, the firm posted $1.87 earnings per share. Digital Realty Trust’s revenue for the quarter was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.
Digital Realty Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $1.22 per share. The ex-dividend date 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 payout ratio is 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.
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