Korea Investment CORP Invests $41.93 Million in Digital Realty Trust, Inc. $DLR

Key Points

• Korea Investment Corp. acquired 233,465 shares of Digital Realty Trust in the second quarter, valued at approximately $41.93 million and representing about 0.06% of the company. Institutional investors collectively own 99.71% of DLR.
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year, but adjusted earnings of $1.21 per share missed the $1.98 consensus estimate. The company set fiscal 2026 EPS guidance at $8.15–$8.20.
• The REIT declared a quarterly dividend of $1.22 per share, or $4.88 annualized, equating to a 2.6% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $219.45, compared with a recent price of $190.81.

Korea Investment CORP bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 233,465 shares of the real estate investment trust's stock, valued at approximately $41,926,000. Korea Investment CORP owned about 0.06% of Digital Realty Trust at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. grew its holdings in shares of Digital Realty Trust by 3.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust's stock worth $92,557,000 after purchasing an additional 20,735 shares during the last quarter. Norges Bank purchased a new position in shares of Digital Realty Trust in the fourth quarter worth $3,402,995,000. Legal & General Group Plc raised its holdings in Digital Realty Trust by 5.9% during the 4th quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust's stock valued at $619,956,000 after buying an additional 224,688 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in Digital Realty Trust during the 4th quarter valued at $21,224,000. Finally, Pacific Heights Asset Management LLC boosted its position in Digital Realty Trust by 20.0% during the 4th quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust's stock valued at $23,206,000 after buying an additional 25,000 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Down 1.8%

NYSE DLR opened at $190.81 on Friday. The firm has a market capitalization of $70.79 billion, a PE ratio of 92.63, a P/E/G ratio of 5.40 and a beta of 1.03. The stock's 50 day moving average is $186.89 and its 200 day moving average is $185.41. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68.

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). The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.Digital Realty Trust's revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Research 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 firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust's dividend payout ratio (DPR) is presently 236.89%.

Wall Street Analysts Forecast Growth

DLR has been the topic of a number of recent analyst reports. Wells Fargo & Company raised shares of Digital Realty Trust from an "overweight" rating to a "buy" rating in a report on Wednesday, August 5th. Citigroup reiterated a "market outperform" rating on shares of Digital Realty Trust in a report on Friday, July 24th. Royal Bank Of Canada raised their target price on Digital Realty Trust from $207.00 to $227.00 and gave the stock an "outperform" rating in a research note on Monday, July 27th. Argus upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and set a $212.00 price target on the stock in a report on Wednesday, August 5th. Finally, Truist Financial lowered their price target 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 equities 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 company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus 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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