Ceredex Value Advisors LLC Takes $25.63 Million Position in Digital Realty Trust, Inc. $DLR

Ceredex Value Advisors LLC purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 142,700 shares of the real estate investment trust’s stock, valued at approximately $25,626,000.

A number of other institutional investors also recently bought and sold shares of the stock. Cherry Creek Investment Advisors Inc. raised its stake in shares of Digital Realty Trust by 0.3% in the first quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock worth $3,378,000 after purchasing an additional 51 shares during the last quarter. Columbia Bank grew its position in Digital Realty Trust by 0.9% during the first quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock valued at $1,111,000 after buying an additional 53 shares during the period. GHP Investment Advisors Inc. increased its stake in shares of Digital Realty Trust by 9.1% in the 1st quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock valued at $118,000 after purchasing an additional 55 shares in the last quarter. South Plains Financial Inc. increased its position in shares of Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 56 shares in the last quarter. Finally, Denali Advisors LLC lifted its holdings in Digital Realty Trust by 1.3% during the second quarter. Denali Advisors LLC now owns 4,359 shares of the real estate investment trust’s stock valued at $783,000 after purchasing an additional 56 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DLR. Cantor Fitzgerald lifted their target price on shares of Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Truist Financial decreased their price target on Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Morgan Stanley boosted their target price on Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. UBS Group upped their target price on shares of Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the company’s stock. According to 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 DLR opened at $194.23 on Friday. The company has a 50-day simple moving average of $186.76 and a 200-day simple moving average of $185.38. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. 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 $71.87 billion, a PE ratio of 94.29, a P/E/G ratio of 5.45 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last released its quarterly 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 return on equity of 3.34% and a net margin of 11.80%.The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same period last year, the firm earned $1.87 EPS. The company’s quarterly 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. Equities research 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.

Digital Realty Trust 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.