State of New Jersey Common Pension Fund D Boosts Position in Digital Realty Trust, Inc. $DLR

State of New Jersey Common Pension Fund D boosted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 2.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 269,812 shares of the real estate investment trust’s stock after purchasing an additional 7,425 shares during the period. State of New Jersey Common Pension Fund D owned about 0.08% of Digital Realty Trust worth $46,645,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in DLR. New York State Common Retirement Fund increased its holdings in shares of Digital Realty Trust by 7.1% in the third quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock worth $40,379,000 after purchasing an additional 15,569 shares during the last quarter. OFI Invest Asset Management increased its stake in Digital Realty Trust by 37,575.7% in the 3rd quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock worth $46,896,000 after acquiring an additional 270,545 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Digital Realty Trust by 13.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust’s stock worth $25,545,000 after acquiring an additional 17,729 shares in the last quarter. Gallacher Capital Management LLC bought a new position in shares of Digital Realty Trust during the 3rd quarter valued at approximately $762,000. Finally, World Investment Advisors grew its holdings in shares of Digital Realty Trust by 412.7% in the third quarter. World Investment Advisors now owns 11,003 shares of the real estate investment trust’s stock valued at $1,902,000 after purchasing an additional 8,857 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Activity

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on DLR. Citigroup lowered their price objective on shares of Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Mizuho dropped their price target on Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. UBS Group set a $189.00 price objective on Digital Realty Trust in a research report on Wednesday, January 14th. Truist Financial increased their price target on Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Barclays upgraded Digital Realty Trust from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $161.00 to $164.00 in a research report on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $191.70.

Digital Realty Trust Price Performance

DLR opened at $181.01 on Friday. The business has a fifty day moving average of $160.21 and a 200 day moving average of $165.55. The stock has a market cap of $62.18 billion, a P/E ratio of 50.28, a PEG ratio of 4.00 and a beta of 1.12. The company has a quick ratio of 2.02, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $184.79.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.03. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period last year, the company earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

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.