General Partner Inc. Makes New $718,000 Investment in Digital Realty Trust, Inc. $DLR

General Partner Inc. purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the third quarter, Holdings Channel.com reports. The firm purchased 4,088 shares of the real estate investment trust’s stock, valued at approximately $718,000.

A number of other hedge funds have also made changes to their positions in DLR. BlackRock Inc. acquired a new stake in shares of Digital Realty Trust during the 2nd quarter worth about $7,277,032,000. Bank of America Corp DE purchased a new position in Digital Realty Trust in the second quarter valued at approximately $1,605,671,000. Canada Pension Plan Investment Board acquired a new stake in Digital Realty Trust during the second quarter worth approximately $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Digital Realty Trust by 17,256.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust’s stock worth $878,325,000 after buying an additional 4,862,814 shares during the last quarter. Finally, Cohen & Steers Inc. boosted its holdings in shares of Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after buying an additional 4,276,073 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the sale, the director owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. The trade was a 3.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.15% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on DLR shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $229.00 price target on shares of Digital Realty Trust in a research report on Monday, July 27th. TD Cowen raised Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their target price for the company from $192.00 to $222.00 in a report on Friday, July 24th. Weiss Ratings downgraded Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. BTIG Research lifted their price target on Digital Realty Trust from $215.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. Finally, Royal Bank Of Canada increased their price objective on Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $219.69.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock traded down $0.77 during trading hours on Monday, hitting $177.78. 387,084 shares of the company were exchanged, compared to its average volume of 2,332,802. 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 business has a 50-day moving average of $187.97 and a 200-day moving average of $187.13. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The stock has a market capitalization of $65.96 billion, a price-to-earnings ratio of 86.29, a P/E/G ratio of 3.42 and a beta of 0.99.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data 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). The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business’s quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter last year, the business earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, analysts expect that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is currently 236.89%.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers and related digital infrastructure. The company provides facilities and technology environments that support the computing, storage, networking and connectivity needs of enterprises, cloud service providers, telecommunications companies and other organizations.

Through its PlatformDIGITAL platform, Digital Realty offers data center colocation, interconnection and hyperscale data center solutions.