14,734 Shares in Digital Realty Trust, Inc. $DLR Acquired by Great Lakes Advisors LLC

Great Lakes Advisors LLC bought a new stake in Digital Realty Trust, Inc. (NYSE:DLRFree Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,734 shares of the real estate investment trust’s stock, valued at approximately $2,646,000.

A number of other large investors also recently bought and sold shares of the stock. Pacific Sun Financial Corp acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at $1,655,000. BOK Financial Private Wealth Inc. purchased a new position in shares of Digital Realty Trust in the 2nd quarter worth $261,000. Danske Bank A S purchased a new position in shares of Digital Realty Trust in the 2nd quarter worth $39,000. Diversify Advisory Services LLC acquired a new position in Digital Realty Trust in the second quarter valued at $313,000. Finally, Gables Capital Management Inc. purchased a new stake in Digital Realty Trust during the second quarter valued at about $29,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analysts Set New Price Targets

DLR has been the subject of several research analyst reports. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $229.00 price objective on shares of Digital Realty Trust in a research note on Monday, July 27th. Citigroup reissued a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. JPMorgan Chase & Co. raised their price target on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Finally, Raymond James Financial lifted their price target on shares of Digital Realty Trust from $210.00 to $235.00 and gave the company a “strong-buy” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $219.45.

Get Our Latest Research Report on DLR

Digital Realty Trust Trading Up 1.0%

Shares of DLR opened at $194.23 on Friday. The stock’s 50-day moving average is $186.76 and its two-hundred day moving average is $185.38. The stock has a market cap of $71.87 billion, a PE ratio of 94.29, a P/E/G ratio of 5.45 and a beta of 1.03. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06.

Digital Realty Trust (NYSE:DLRGet Free Report) last issued its 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 return on equity of 3.34% and a net margin of 11.80%.The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the previous year, the company earned $1.87 EPS. Digital Realty Trust’s quarterly revenue 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. Equities 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 disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $1.22 per share. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 236.89%.

Digital Realty Trust Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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