Amundi Buys 1,436,171 Shares of Digital Realty Trust, Inc. $DLR

Key Points

• Amundi increased its Digital Realty Trust stake by 57.3% in the second quarter, buying 1.44 million additional shares and bringing its holdings to 3.94 million shares worth approximately $707.7 million.
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year and above estimates, but earnings per share of $1.21 missed consensus by $0.77. The company issued fiscal 2026 EPS guidance of $8.15–$8.20.
• The company declared a quarterly dividend of $1.22, equivalent to an annualized $4.88 and a 2.6% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $219.45, compared with a recent share price of $188.35.

Amundi lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 57.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,940,647 shares of the real estate investment trust's stock after purchasing an additional 1,436,171 shares during the quarter. Amundi owned 1.06% of Digital Realty Trust worth $707,661,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. California State Teachers Retirement System boosted its position in shares of Digital Realty Trust by 20,892.8% in the second quarter. California State Teachers Retirement System now owns 89,457,597 shares of the real estate investment trust's stock valued at $16,064,795,000 after acquiring an additional 89,031,462 shares during the period. BlackRock Inc. bought a new stake in Digital Realty Trust during the 2nd quarter worth approximately $7,277,032,000. Cohen & Steers Inc. lifted its stake 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 worth $4,332,366,000 after purchasing an additional 4,276,073 shares in the last quarter. Norges Bank purchased a new stake in Digital Realty Trust in the 4th quarter worth approximately $3,402,995,000. Finally, State Street Corp boosted its holdings in Digital Realty Trust by 1.1% in the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust's stock valued at $3,219,256,000 after purchasing an additional 231,933 shares during the period. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $188.35 on Monday. The firm's fifty day moving average price is $186.36 and its 200-day moving average price is $186.62. 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 stock has a market cap of $69.88 billion, a P/E ratio of 91.43, a price-to-earnings-growth ratio of 3.61 and a beta of 1.02. 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 posted its quarterly earnings data 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 return on equity of 3.34% and a net margin of 11.80%.The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the firm posted $1.87 earnings per share. The business's revenue 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. On average, equities research analysts expect 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. Investors of record on Tuesday, September 15th will be given a $1.22 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.6%. Digital Realty Trust's payout ratio is presently 236.89%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DLR shares. Mizuho set a $223.00 price target on shares of Digital Realty Trust in a research report on Monday, August 10th. Wall Street Zen raised Digital Realty Trust from a "sell" rating to a "hold" rating in a research note on Saturday, July 25th. BTIG Research started coverage on Digital Realty Trust in a research report on Friday, July 10th. They set a "buy" rating and a $215.00 target price for the company. KeyCorp restated a "sector weight" rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Finally, Cantor Fitzgerald raised their price target on Digital Realty Trust from $211.00 to $221.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. One investment 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. Based on data from MarketBeat, Digital Realty Trust currently has a consensus rating of "Moderate Buy" and an average price target of $219.45.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the transaction, the director directly owned 6,322 shares of the company's stock, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.15% of the stock is currently owned by corporate insiders.

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.

Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source