Bcwm LLC Makes New Investment in Digital Realty Trust, Inc. $DLR

Bcwm LLC purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 58,993 shares of the real estate investment trust's stock, valued at approximately $10,594,000. Digital Realty Trust comprises about 3.1% of Bcwm LLC's portfolio, making the stock its 8th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in DLR. BlackRock Inc. acquired a new position in Digital Realty Trust in the 2nd quarter valued at about $7,277,032,000. Cohen & Steers Inc. lifted its holdings 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 valued at $4,332,366,000 after purchasing an additional 4,276,073 shares in the last quarter. Norges Bank acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth about $3,402,995,000. State Street Corp boosted its stake in shares of Digital Realty Trust by 1.1% during the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust's stock worth $3,219,256,000 after purchasing an additional 231,933 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Digital Realty Trust by 6.0% during the first quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust's stock worth $1,706,714,000 after buying an additional 534,158 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DLR. JPMorgan Chase & Co. raised their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the stock an "overweight" rating in a report on Friday, July 24th. Guggenheim upgraded Digital Realty Trust from a "neutral" rating to a "buy" rating and set a $200.00 target price on the stock in a research report on Wednesday, July 15th. Wall Street Zen raised Digital Realty Trust from a "sell" rating to a "hold" rating in a research note on Saturday, July 25th. Wells Fargo & Company upgraded Digital Realty Trust from an "overweight" rating to a "buy" rating in a report on Wednesday, August 5th. Finally, Argus raised shares of Digital Realty Trust from a "hold" rating to a "buy" rating and set a $212.00 price objective for the company in a research note on Wednesday, August 5th. 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 stock. According to data from MarketBeat.com, Digital Realty Trust has a consensus rating of "Moderate Buy" and a consensus target price of $219.45.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock opened at $193.14 on Thursday. The business's fifty day moving average price is $187.13 and its 200 day moving average price is $186.10. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $71.65 billion, a P/E ratio of 93.76, a PEG ratio of 5.45 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share 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 firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the firm earned $1.87 earnings per share. The business'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. As a group, research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Announces Dividend

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 dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust's dividend payout ratio (DPR) is presently 236.89%.

About Digital Realty Trust

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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