Digital Realty Trust, Inc. $DLR Shares Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 2.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 277,334 shares of the real estate investment trust’s stock after purchasing an additional 7,522 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Digital Realty Trust were worth $42,906,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PDS Planning Inc increased its position in Digital Realty Trust by 3.6% during the fourth quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock worth $276,000 after buying an additional 62 shares during the period. Clarius Group LLC boosted its holdings in shares of Digital Realty Trust by 3.2% in the fourth quarter. Clarius Group LLC now owns 2,024 shares of the real estate investment trust’s stock valued at $313,000 after acquiring an additional 63 shares during the period. Commons Capital LLC grew its position in shares of Digital Realty Trust by 4.6% during the third quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock worth $253,000 after acquiring an additional 64 shares during the last quarter. Scotia Capital Inc. grew its position in shares of Digital Realty Trust by 0.9% during the third quarter. Scotia Capital Inc. now owns 7,379 shares of the real estate investment trust’s stock worth $1,276,000 after acquiring an additional 64 shares during the last quarter. Finally, Physician Wealth Advisors Inc. increased its holdings in shares of Digital Realty Trust by 11.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock valued at $112,000 after acquiring an additional 65 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 1.0%

DLR stock opened at $196.50 on Thursday. The company has a market cap of $68.57 billion, a P/E ratio of 51.78, a P/E/G ratio of 5.33 and a beta of 1.07. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The company’s 50-day moving average price is $184.19 and its 200 day moving average price is $170.65. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78.

Digital Realty Trust (NYSE:DLRGet Free Report) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the company posted $1.77 earnings per share. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, research analysts expect that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on DLR shares. Bank of America reiterated a “neutral” rating and issued a $170.00 price target (down from $210.00) on shares of Digital Realty Trust in a research report on Thursday, January 8th. Truist Financial initiated coverage on shares of Digital Realty Trust in a research note on Tuesday, March 31st. They issued a “buy” rating and a $207.00 price objective on the stock. BNP Paribas Exane increased their target price on shares of Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft assumed coverage on Digital Realty Trust in a report on Monday, January 5th. They set a “buy” rating and a $180.00 price target on the stock. Finally, BMO Capital Markets boosted their price target on Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research report on Monday, April 20th. Two research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $213.86.

Read Our Latest Stock Report on Digital Realty Trust

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.

Featured Articles

Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLRFree Report).

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

Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.