Roman Butler Fullerton & Co. Buys New Position in Digital Realty Trust, Inc. $DLR

Roman Butler Fullerton & Co. bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 6,349 shares of the real estate investment trust’s stock, valued at approximately $1,130,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of DLR. Norges Bank bought a new position in Digital Realty Trust in the 4th quarter worth $3,402,995,000. Cohen & Steers Inc. increased its position in Digital Realty Trust by 18.0% in the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after buying an additional 4,276,073 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Digital Realty Trust by 686.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock worth $831,123,000 after buying an additional 4,195,862 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Digital Realty Trust in the second quarter worth about $352,539,000. Finally, Viking Global Investors LP bought a new position in shares of Digital Realty Trust in the fourth quarter worth about $233,301,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on DLR shares. JPMorgan Chase & Co. boosted their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. Raymond James Financial raised their target price on shares of Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a research note on Friday, April 24th. BTIG Research began coverage on shares of Digital Realty Trust in a report on Friday, July 10th. They set a “buy” rating and a $215.00 price target on the stock. Stifel Nicolaus increased their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $219.13.

Digital Realty Trust Trading Down 0.0%

DLR stock opened at $200.07 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The business has a 50 day simple moving average of $185.78 and a two-hundred day simple moving average of $184.53. The company has a market capitalization of $74.03 billion, a price-to-earnings ratio of 97.12, a PEG ratio of 5.67 and a beta of 1.03.

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

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.22 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.4%. Digital Realty Trust’s payout ratio is presently 236.89%.

About Digital Realty Trust

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.