Jefferies Financial Group Inc. purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,872 shares of the real estate investment trust's stock, valued at approximately $1,055,000.
Several other institutional investors also recently bought and sold shares of DLR. Cherry Creek Investment Advisors Inc. raised its stake in shares of Digital Realty Trust by 0.3% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust's stock valued at $3,378,000 after acquiring an additional 51 shares during the period. Columbia Bank boosted its position in Digital Realty Trust by 0.9% during the 1st quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust's stock worth $1,111,000 after purchasing an additional 53 shares during the period. GHP Investment Advisors Inc. increased its holdings in Digital Realty Trust by 9.1% in the 1st quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust's stock valued at $118,000 after purchasing an additional 55 shares in the last quarter. South Plains Financial Inc. increased its holdings in Digital Realty Trust by 25.7% in the 4th quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 56 shares in the last quarter. Finally, Denali Advisors LLC raised its position in Digital Realty Trust by 1.3% in 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. 99.71% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
DLR has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $229.00 target price on shares of Digital Realty Trust in a research report on Monday, July 27th. Truist Financial reduced their price target on Digital Realty Trust from $225.00 to $220.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. TD Cowen upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and upped their price target for the stock from $192.00 to $222.00 in a report on Friday, July 24th. Evercore reiterated an "outperform" rating and set a $240.00 price objective on shares of Digital Realty Trust in a research note on Tuesday, August 18th. Finally, Royal Bank Of Canada boosted their target price on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an "outperform" rating in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $219.45.
View Our Latest Research Report on Digital Realty Trust
Digital Realty Trust Price Performance
DLR stock opened at $185.26 on Monday. The stock's 50 day moving average is $187.16 and its two-hundred day moving average is $186.34. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The company has a market capitalization of $68.73 billion, a PE ratio of 89.93, a P/E/G ratio of 5.26 and a beta of 1.03. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68.
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 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 analysts' expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business's quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Analysts predict that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.
Digital Realty Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust's dividend payout ratio (DPR) is currently 236.89%.
About Digital Realty Trust
(
Free Report)
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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