Public Sector Pension Investment Board Buys 4,013 Shares of Digital Realty Trust, Inc. $DLR

Public Sector Pension Investment Board raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 6.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 69,147 shares of the real estate investment trust’s stock after buying an additional 4,013 shares during the quarter. Public Sector Pension Investment Board’s holdings in Digital Realty Trust were worth $11,954,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of DLR. Vanguard Group Inc. boosted its holdings in Digital Realty Trust by 1.0% in the second quarter. Vanguard Group Inc. now owns 52,892,557 shares of the real estate investment trust’s stock worth $9,220,759,000 after acquiring an additional 513,697 shares in the last quarter. Norges Bank purchased a new position in shares of Digital Realty Trust in the 2nd quarter valued at approximately $3,808,270,000. State Street Corp boosted its stake in Digital Realty Trust by 1.9% in the 2nd quarter. State Street Corp now owns 20,405,760 shares of the real estate investment trust’s stock worth $3,557,336,000 after purchasing an additional 376,699 shares in the last quarter. Geode Capital Management LLC grew its position in Digital Realty Trust by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 8,850,818 shares of the real estate investment trust’s stock worth $1,536,795,000 after purchasing an additional 196,579 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its stake in Digital Realty Trust by 3.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 7,356,429 shares of the real estate investment trust’s stock valued at $1,282,446,000 after purchasing an additional 211,692 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Activity at Digital Realty Trust

In other news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.17% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Jefferies Financial Group boosted their price objective on shares of Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a report on Friday, February 6th. Mizuho lowered 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. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday, January 29th. Barclays raised Digital Realty Trust from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $161.00 to $164.00 in a report on Tuesday, January 13th. Finally, JPMorgan Chase & Co. increased their price target on shares of Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and an average price target of $191.70.

Get Our Latest Report on Digital Realty Trust

Digital Realty Trust Stock Up 0.4%

DLR opened at $181.01 on Monday. The company has a fifty day moving average of $160.21 and a two-hundred day moving average of $165.47. The stock has a market capitalization of $62.18 billion, a price-to-earnings ratio of 50.28, a PEG ratio of 4.00 and a beta of 1.12. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $184.79. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.02 and a current ratio of 1.59.

Digital Realty Trust (NYSE:DLRGet Free Report) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.03. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the firm earned $1.73 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust 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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