Alberta Investment Management Corp Takes Position in Digital Realty Trust, Inc. $DLR

Alberta Investment Management Corp acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 106,000 shares of the real estate investment trust's stock, valued at approximately $19,035,000.

A number of other large investors also recently modified their holdings of the stock. Norges Bank bought a new position in Digital Realty Trust in the 4th quarter worth approximately $3,402,995,000. Cohen & Steers Inc. lifted its stake 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 valued at $4,332,366,000 after buying an additional 4,276,073 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Digital Realty Trust by 686.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust's stock valued at $831,123,000 after acquiring an additional 4,195,862 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Digital Realty Trust in the 2nd quarter valued at approximately $352,539,000. Finally, Viking Global Investors LP acquired a new stake in shares of Digital Realty Trust in the 4th quarter valued at approximately $233,301,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DLR has been the topic of a number of recent analyst reports. Mizuho set a $223.00 price target on shares of Digital Realty Trust in a research report on Monday, August 10th. Morgan Stanley upped their price target on Digital Realty Trust from $210.00 to $215.00 and gave the stock an "equal weight" rating in a research report on Friday, April 24th. Scotiabank raised their target price on shares of Digital Realty Trust from $195.00 to $222.00 and gave the company an "outperform" rating in a research report on Monday, April 27th. Weiss Ratings lowered shares of Digital Realty Trust from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday. Finally, BMO Capital Markets boosted their price target on shares of Digital Realty Trust from $205.00 to $220.00 and gave the stock an "outperform" rating in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $219.13.

Digital Realty Trust Price Performance

Shares of DLR opened at $200.07 on Monday. The company's 50-day moving average is $185.78 and its 200-day moving average is $184.53. 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 $74.03 billion, a PE ratio of 97.12, a PEG ratio of 5.67 and a beta of 1.03. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced 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 company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business's quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust's payout ratio 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.

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