California State Teachers Retirement System Has $16.06 Billion Stock Holdings in Digital Realty Trust, Inc. $DLR

Key Points

• California State Teachers Retirement System dramatically increased its Digital Realty Trust position by 20,892.8% in the second quarter, owning 89.46 million shares valued at approximately $16.06 billion, or 24.11% of the company.
• 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 the $1.98 consensus forecast. The company set fiscal 2026 EPS guidance at $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 “Moderate Buy” consensus with an average price target of $219.45, compared with shares opening at $188.35.

California State Teachers Retirement System lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 20,892.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,457,597 shares of the real estate investment trust's stock after purchasing an additional 89,031,462 shares during the period. California State Teachers Retirement System owned about 24.11% of Digital Realty Trust worth $16,064,795,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. grew its holdings in Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust's stock worth $28,000 after acquiring an additional 125 shares during the last quarter. Gables Capital Management Inc. bought a new position in shares of Digital Realty Trust during the second quarter valued at $29,000. Bell Investment Advisors Inc raised its stake in shares of Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 62 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its holdings in shares of Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 165 shares during the period. Finally, Solstein Capital LLC bought a new stake in shares of Digital Realty Trust in the second quarter worth $32,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Insiders Place Their Bets

In related news, Director Mark Patterson sold 200 shares of the company's stock in a transaction that occurred on Thursday, August 27th. The stock was 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 represents a 3.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.15% of the company's stock.

Digital Realty Trust Stock Down 0.0%

Shares of NYSE DLR opened at $188.35 on Tuesday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The firm has a market cap of $69.88 billion, a PE ratio of 91.43, a P/E/G ratio of 3.61 and a beta of 1.02. The company's fifty day simple moving average is $186.31 and its 200 day simple moving average is $186.68. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. The company's revenue for the quarter was up 28.9% on a year-over-year basis. During the same period last year, the firm posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, sell-side analysts forecast 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. 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 payout ratio is presently 236.89%.

Analysts Set New Price Targets

Several brokerages recently issued reports on DLR. Wall Street Zen raised Digital Realty Trust from a "sell" rating to a "hold" rating in a research report on Saturday, July 25th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $229.00 price target on shares of Digital Realty Trust in a research note on Monday, July 27th. Royal Bank Of Canada raised their price objective on Digital Realty Trust from $207.00 to $227.00 and gave the stock an "outperform" rating in a research report on Monday, July 27th. Argus raised Digital Realty Trust from a "hold" rating to a "buy" rating and set a $212.00 price objective on the stock in a research note on Wednesday, August 5th. Finally, Truist Financial decreased their target price on shares of 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 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's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $219.45.

Digital Realty Trust 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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