World Equity Group Inc. purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,753 shares of the real estate investment trust’s stock, valued at approximately $494,000.
Other large investors have also recently made changes to their positions in the company. Sunbelt Securities Inc. increased its stake in shares of Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 125 shares in the last quarter. Harvest Fund Management Co. Ltd increased its stake in Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 165 shares in the last quarter. Bell Investment Advisors Inc raised its holdings in Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 62 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Digital Realty Trust in the third quarter worth about $34,000. Finally, MCF Advisors LLC purchased a new stake in shares of Digital Realty Trust during the fourth quarter worth about $35,000. 99.71% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
DLR has been the subject of several recent analyst reports. BNP Paribas Exane upped their price target on Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Scotiabank raised their target price on shares of Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research note on Monday, April 27th. Argus upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target on the stock in a research note on Wednesday, August 5th. TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price objective for the company from $192.00 to $222.00 in a research report on Friday, July 24th. Finally, Morgan Stanley boosted their target price on Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” 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 assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.16.
Digital Realty Trust Trading Down 1.4%
Shares of DLR stock opened at $190.99 on Tuesday. The company has a market cap of $70.67 billion, a PE ratio of 92.71, a price-to-earnings-growth ratio of 5.52 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The stock’s 50 day simple moving average is $185.00 and its two-hundred day simple moving average is $183.49. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14.
Digital Realty Trust (NYSE:DLR – Get Free Report) last released 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). 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%. The business’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Research analysts predict that Digital Realty Trust, Inc. will post 8.35 earnings per share for the current year.
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.
Featured Stories
- Five stocks we like better than Digital Realty Trust
- SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat
- 3 Dividend Champion Utilities for a Market That Can’t Sit Still
- These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
- First Solar’s Profit Engine Faces a New Policy Test in Washington
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.
