20,365 Shares in Digital Realty Trust, Inc. $DLR Bought by Flputnam Investment Management Co.

Flputnam Investment Management Co. acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,365 shares of the real estate investment trust’s stock, valued at approximately $3,657,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of DLR. BlackRock Inc. acquired a new position in Digital Realty Trust during the second quarter worth $7,277,032,000. Cohen & Steers Inc. raised its holdings in Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after acquiring an additional 4,276,073 shares during the last quarter. Norges Bank purchased a new position in Digital Realty Trust during the fourth quarter worth about $3,402,995,000. State Street Corp lifted its holdings in shares of Digital Realty Trust by 1.1% during the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock worth $3,219,256,000 after acquiring an additional 231,933 shares during the period. Finally, Bank of America Corp DE raised its stake in Digital Realty Trust by 6.0% during the first quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust’s stock worth $1,706,714,000 after purchasing an additional 534,158 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Down 0.1%

Shares of DLR stock opened at $185.26 on Monday. The stock has a fifty day moving average of $187.16 and a two-hundred day moving average of $186.34. The firm has a market capitalization of $68.73 billion, a PE ratio of 89.93, a price-to-earnings-growth ratio of 5.26 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 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 analyst estimates of $1.66 billion. During the same period in the previous year, the business posted $1.87 EPS. The firm’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. As a group, research analysts expect that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

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 paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.6%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 236.89%.

Analyst Ratings Changes

A number of equities analysts have recently commented on DLR shares. Mizuho set a $223.00 price objective on Digital Realty Trust in a report on Monday, August 10th. Weiss Ratings lowered shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. HSBC upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the company from $210.00 to $240.00 in a research note on Thursday, August 13th. Guggenheim raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price target on the stock in a research report on Wednesday, July 15th. Finally, BTIG Research began coverage on shares of Digital Realty Trust in a report on Friday, July 10th. They issued a “buy” rating and a $215.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Digital Realty Trust presently 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.