Alyeska Investment Group L.P. Increases Stake in Digital Realty Trust, Inc. $DLR

Key Points

• Alyeska Investment Group increased its Digital Realty Trust stake by 55.5% in the second quarter, adding 250,326 shares to own 701,193 shares valued at approximately $125.9 million. Institutional investors collectively hold 99.71% of the REIT’s stock.
• Analysts remain broadly positive, with Digital Realty receiving a “Moderate Buy” consensus rating and an average price target of $219.45, despite mixed target-price adjustments.
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year but missed the EPS consensus estimate. The company declared a quarterly dividend of $1.22 per share, representing a 2.6% annualized yield.

Alyeska Investment Group L.P. grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 55.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 701,193 shares of the real estate investment trust's stock after purchasing an additional 250,326 shares during the quarter. Alyeska Investment Group L.P. owned approximately 0.19% of Digital Realty Trust worth $125,920,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cherry Creek Investment Advisors Inc. grew its holdings in 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 worth $3,378,000 after acquiring an additional 51 shares during the last quarter. Columbia Bank increased its holdings 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 valued at $1,111,000 after purchasing an additional 53 shares during the period. GHP Investment Advisors Inc. raised its position in Digital Realty Trust by 9.1% during 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 during the last quarter. South Plains Financial Inc. raised its position in Digital Realty Trust by 25.7% during 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 during the last quarter. Finally, Denali Advisors LLC lifted its holdings in Digital Realty Trust by 1.3% in the 2nd quarter. Denali Advisors LLC now owns 4,359 shares of the real estate investment trust's stock worth $783,000 after buying an additional 56 shares during the period. Institutional investors own 99.71% of the company's stock.

Wall Street Analyst Weigh In

DLR has been the topic of a number of research reports. Barclays lifted their target price on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 1st. Wall Street Zen raised shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a research note on Saturday, July 25th. Royal Bank Of Canada raised their price objective on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an "outperform" rating in a report on Monday, July 27th. Mizuho set a $223.00 price objective on Digital Realty Trust in a research report on Monday, August 10th. Finally, Truist Financial decreased their target price on Digital Realty Trust from $225.00 to $220.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $219.45.

Digital Realty Trust Price Performance

Shares of DLR opened at $185.26 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The firm's 50-day simple moving average is $187.16 and its two-hundred day simple moving average is $186.24. The stock has a market cap of $68.73 billion, a PE ratio of 89.93, a price-to-earnings-growth ratio of 5.26 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06.

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 (EPS) 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 business had revenue of $1.92 billion for the quarter, compared to analysts' expectations of $1.66 billion. During the same quarter in the previous year, the business 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. Analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared 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. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. Digital Realty Trust's dividend payout ratio (DPR) is presently 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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