5,851 Shares in Digital Realty Trust, Inc. $DLR Bought by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. acquired a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,851 shares of the real estate investment trust’s stock, valued at approximately $1,051,000.

Other hedge funds also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. grew its stake in shares of Digital Realty Trust by 3.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock valued at $92,557,000 after buying an additional 20,735 shares in the last quarter. Norges Bank acquired a new position in Digital Realty Trust in the fourth quarter worth approximately $3,402,995,000. Legal & General Group Plc raised its position in Digital Realty Trust by 5.9% during the fourth quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock valued at $619,956,000 after acquiring an additional 224,688 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new position in Digital Realty Trust during the fourth quarter valued at approximately $21,224,000. Finally, Pacific Heights Asset Management LLC lifted its stake in Digital Realty Trust by 20.0% in the fourth quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust’s stock valued at $23,206,000 after acquiring an additional 25,000 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Stock Down 1.8%

Shares of Digital Realty Trust stock opened at $190.81 on Friday. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month 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 stock has a 50 day moving average price of $186.89 and a two-hundred day moving average price of $185.41. The stock has a market capitalization of $70.79 billion, a P/E ratio of 92.63, a PEG ratio of 5.40 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 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the business earned $1.87 EPS. The company’s revenue for the quarter 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 analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.

Wall Street Analysts Forecast Growth

DLR has been the subject of several recent research reports. Wells Fargo & Company raised shares of Digital Realty Trust from an “overweight” rating to a “buy” rating in a research report on Wednesday, August 5th. Cantor Fitzgerald raised their price target on shares of Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Truist Financial reduced their price objective on shares of Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Weiss Ratings downgraded shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $219.45.

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.