UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 17,256.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,890,993 shares of the real estate investment trust’s stock after purchasing an additional 4,862,814 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 1.32% of Digital Realty Trust worth $878,325,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. BlackRock Inc. bought a new position in shares of Digital Realty Trust during the second quarter valued at approximately $7,277,032,000. Norges Bank purchased a new stake in shares of Digital Realty Trust in the fourth quarter worth approximately $3,402,995,000. Bank of America Corp DE bought a new stake in shares of Digital Realty Trust during the 2nd quarter worth approximately $1,605,671,000. Canada Pension Plan Investment Board purchased a new position in Digital Realty Trust during the 2nd quarter valued at $1,178,095,000. Finally, Cohen & Steers Inc. grew its position in Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after acquiring an additional 4,276,073 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.
Analysts Set New Price Targets
Several research firms have recently weighed in on DLR. Argus upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price for the company in a research report on Wednesday, August 5th. HSBC raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the stock from $210.00 to $240.00 in a research note on Thursday, August 13th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. TD Cowen raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and raised their target price for the stock from $192.00 to $222.00 in a research report on Friday, July 24th. Finally, Mizuho set a $223.00 price target on Digital Realty Trust in a 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 company. According to data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus target price of $219.45.
Digital Realty Trust Price Performance
Shares of DLR opened at $185.26 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The company has a 50 day moving average price of $187.16 and a 200-day moving average price of $186.24. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The stock has a market capitalization of $68.73 billion, a PE ratio of 89.93, a PEG ratio of 5.26 and a beta of 1.03.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $1.66 billion. During the same quarter in the prior year, the business posted $1.87 earnings per share. The company’s revenue 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. Equities analysts predict that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.
Digital Realty Trust Dividend Announcement
The company 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. This represents a $4.88 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 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.
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