Triton Financial Group Inc Acquires Shares of 14,375 Digital Realty Trust, Inc. $DLR

Triton Financial Group Inc acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 14,375 shares of the real estate investment trust’s stock, valued at approximately $2,581,000. Digital Realty Trust accounts for 1.5% of Triton Financial Group Inc’s portfolio, making the stock its 19th biggest position.

Other hedge funds have also modified their holdings of the company. Nomura Asset Management Co. Ltd. grew its holdings in shares of Digital Realty Trust by 3.6% in the 4th 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. Legal & General Group Plc increased its position in shares of 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 worth $619,956,000 after purchasing an additional 224,688 shares in the last quarter. Norges Bank bought a new position in Digital Realty Trust during the 4th quarter valued at about $3,402,995,000. Eurizon Capital SGR S.p.A. acquired a new position in Digital Realty Trust in the fourth quarter valued at about $21,224,000. Finally, Pacific Heights Asset Management LLC boosted its position in Digital Realty Trust by 20.0% in the fourth 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 in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on DLR shares. JPMorgan Chase & Co. raised their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Royal Bank Of Canada boosted their target price on Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. KeyCorp restated a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. HSBC raised Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the company from $210.00 to $240.00 in a report on Thursday, August 13th. Finally, Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $219.45.

Digital Realty Trust Trading Down 0.7%

Shares of NYSE DLR opened at $192.12 on Friday. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The company has a 50-day moving average of $187.21 and a two-hundred day moving average of $186.25. The company has a market cap of $71.28 billion, a PE ratio of 93.26, a P/E/G ratio of 5.48 and a beta of 1.03. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. Digital Realty Trust’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period last year, the company earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 2.5%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 236.89%.

Digital Realty Trust Company 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.