Barrow Hanley Mewhinney & Strauss LLC Takes Position in Digital Realty Trust, Inc. $DLR

Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 642,425 shares of the real estate investment trust's stock, valued at approximately $115,367,000. Barrow Hanley Mewhinney & Strauss LLC owned 0.17% of Digital Realty Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of DLR. Twin Tree Management LP acquired a new position in Digital Realty Trust during the 2nd quarter worth approximately $448,000. Clear Harbor Asset Management LLC acquired a new stake in shares of Digital Realty Trust in the second quarter valued at about $499,000. Bank of Nova Scotia acquired a new position in shares of Digital Realty Trust in the 2nd quarter worth approximately $6,943,000. Compass Financial Management LLC bought a new stake in Digital Realty Trust in the second quarter worth approximately $399,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Digital Realty Trust during the 2nd quarter valued at $1,979,000. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Price Performance

NYSE DLR opened at $190.81 on Monday. 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 50-day moving average of $186.89 and a 200 day moving average of $185.56. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The company has a market capitalization of $70.79 billion, a price-to-earnings ratio of 92.63, a PEG ratio of 5.40 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued 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). The company had revenue of $1.92 billion during the quarter, compared to analysts' expectations of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The company's revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis 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%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DLR. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $229.00 target price on shares of Digital Realty Trust in a research note on Monday, July 27th. Truist Financial lowered their price target on Digital Realty Trust from $225.00 to $220.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. TD Cowen upgraded shares of Digital Realty Trust from a "hold" rating to a "buy" rating and upped their target price for the stock from $192.00 to $222.00 in a research report on Friday, July 24th. Wall Street Zen upgraded shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a research report on Saturday, July 25th. Finally, Weiss Ratings cut Digital Realty Trust from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Digital Realty Trust has a consensus rating of "Moderate Buy" and an average target price of $219.45.

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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