Nykredit A S Makes New Investment in Digital Realty Trust, Inc. $DLR

Key Points

• Nykredit A/S bought 124,177 shares of Digital Realty Trust in the second quarter, valued at approximately $22.3 million. Institutional investors collectively own 99.71% of the company.
• Analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $219.61, above the reported share price of $182.19.
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year, but earnings per share of $1.21 missed estimates. The company declared a quarterly dividend of $1.22, equivalent to a 2.7% annualized yield.

Nykredit A S purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 124,177 shares of the real estate investment trust's stock, valued at approximately $22,300,000.

A number of other institutional investors and hedge funds also recently modified their holdings of DLR. Gables Capital Management Inc. acquired a new stake in shares of Digital Realty Trust in the second quarter worth approximately $29,000. Bell Investment Advisors Inc raised its stake in 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 worth $31,000 after purchasing an additional 62 shares during the period. Solstein Capital LLC purchased a new position in Digital Realty Trust during the second quarter worth approximately $32,000. MCF Advisors LLC acquired a new position in shares of Digital Realty Trust in the 4th quarter valued at $35,000. Finally, Hantz Financial Services Inc. grew its stake in shares of Digital Realty Trust by 157.4% during the 4th quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 148 shares during the period. Institutional investors and hedge funds own 99.71% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in 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 set a $229.00 price target on shares of Digital Realty Trust in a research report on Monday, July 27th. Mizuho set a $223.00 price target on Digital Realty Trust in a research note on Monday, August 10th. Argus upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and set a $212.00 price objective on the stock in a report on Wednesday, August 5th. Finally, Citigroup reaffirmed a "market outperform" rating on shares of Digital Realty Trust in a research note on Friday, July 24th. One research 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 data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $219.61.

Insider Activity at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the firm's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $193.96, for a total transaction of $38,792.00. Following the sale, the director directly owned 6,322 shares in the company, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.15% of the company's stock.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $182.19 on Friday. 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 company has a market cap of $67.59 billion, a PE ratio of 88.44, a P/E/G ratio of 3.49 and a beta of 1.02. The company's fifty day simple moving average is $187.75 and its 200-day simple moving average is $187.07. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share 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 business had revenue of $1.92 billion for the quarter, compared to analysts' expectations of $1.66 billion. During the same period last year, the company posted $1.87 earnings per share. The firm'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, equities research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS 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. Stockholders of record on Tuesday, September 15th will be paid a $1.22 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.7%. Digital Realty Trust's dividend payout ratio (DPR) is 236.89%.

About Digital Realty Trust

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers around the world. The company provides the physical infrastructure businesses need to house information technology equipment, cloud-computing resources and critical digital systems.

Its services include data center colocation, hyperscale facilities, interconnection and related infrastructure solutions. Through its PlatformDIGITAL offering, Digital Realty helps customers connect to cloud providers, network operators, internet service providers, enterprises and other digital ecosystems.

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.