Danske Bank A S Takes $57.65 Million Position in Digital Realty Trust, Inc. $DLR

Danske Bank A S purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, HoldingsChannel reports. The firm purchased 321,016 shares of the real estate investment trust’s stock, valued at approximately $57,648,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DLR. Diversify Advisory Services LLC bought a new position in Digital Realty Trust in the 2nd quarter worth about $313,000. Gables Capital Management Inc. bought a new stake in shares of Digital Realty Trust during the second quarter valued at approximately $29,000. Wealthfront Advisers LLC bought a new stake in shares of Digital Realty Trust during the second quarter valued at approximately $8,875,000. Main Street Financial Solutions LLC boosted its holdings in shares of Digital Realty Trust by 8.8% in the second quarter. Main Street Financial Solutions LLC now owns 2,134 shares of the real estate investment trust’s stock valued at $383,000 after purchasing an additional 172 shares during the period. Finally, Sagace Wealth Management LLC bought a new position in Digital Realty Trust in the second quarter worth approximately $2,850,000. Institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on DLR shares. Mizuho set a $223.00 price objective on Digital Realty Trust in a report on Monday, August 10th. TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the stock from $192.00 to $222.00 in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $229.00 price target on shares of Digital Realty Trust in a research note on Monday, July 27th. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, BNP Paribas Exane upped their price objective 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. One 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 company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $219.45.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR opened at $195.49 on Wednesday. The firm has a 50 day moving average of $186.30 and a 200 day moving average of $185.00. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $72.34 billion, a price-to-earnings ratio of 94.90, a price-to-earnings-growth ratio of 5.67 and a beta of 1.03. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14.

Digital Realty Trust (NYSE:DLR) last announced its earnings results 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 period last year, the business posted $1.87 EPS. The firm’s revenue was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, sell-side analysts predict that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. Digital Realty Trust’s dividend payout ratio (DPR) 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.