Ninepoint Partners LP Buys Shares of 8,407 Digital Realty Trust, Inc. $DLR

Ninepoint Partners LP purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, Holdings Channel.com reports. The fund purchased 8,407 shares of the real estate investment trust’s stock, valued at approximately $1,510,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. increased its holdings in Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares during the last quarter. Gables Capital Management Inc. purchased a new stake in Digital Realty Trust during the second quarter valued at about $29,000. Bell Investment Advisors Inc boosted its position 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 worth $31,000 after purchasing an additional 62 shares during the period. Harvest Fund Management Co. Ltd increased its stake in shares of Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 165 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Digital Realty Trust in the third quarter valued at approximately $34,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 1.0%

Shares of NYSE:DLR opened at $194.23 on Friday. The firm has a fifty day moving average price of $186.76 and a two-hundred day moving average price of $185.38. The company has a market cap of $71.87 billion, a price-to-earnings ratio of 94.29, a PEG ratio of 5.45 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. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14.

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 for the quarter, missing the consensus estimate of $1.98 by ($0.77). The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $1.22 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 236.89%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Raymond James Financial increased their target price on Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a research report on Friday, April 24th. Argus raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target for the company in a report on Wednesday, August 5th. Finally, Evercore reiterated an “outperform” rating and issued a $240.00 price target on shares of Digital Realty Trust in a research report on Tuesday. 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $219.45.

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.