Louisiana State Employees Retirement System Purchases New Holdings in Digital Realty Trust, Inc. $DLR

Louisiana State Employees Retirement System bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 16,500 shares of the real estate investment trust’s stock, valued at approximately $2,973,000.

Other large investors have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. lifted its holdings in shares of 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 purchasing an additional 125 shares during the last quarter. Bell Investment Advisors Inc increased its position in Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 62 shares during the period. Harvest Fund Management Co. Ltd increased its position in 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 buying an additional 165 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Digital Realty Trust in the third quarter valued at $34,000. Finally, MCF Advisors LLC acquired a new position in shares of Digital Realty Trust during the fourth quarter valued at $35,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $193.16 on Monday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The stock’s 50-day moving average is $192.20 and its two-hundred day moving average is $177.53. The firm has a market cap of $67.88 billion, a P/E ratio of 50.97, a PEG ratio of 5.24 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the previous year, the company earned $1.77 earnings per share. Digital Realty Trust’s revenue for the quarter was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Analysts predict that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $1.22 dividend. The ex-dividend date is Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. Digital Realty Trust’s payout ratio is 128.76%.

Analyst Ratings Changes

DLR has been the topic of a number of research analyst reports. Citigroup reissued an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. TD Cowen upped their price objective on shares of Digital Realty Trust from $185.00 to $192.00 and gave the stock a “hold” rating in a report on Friday, April 24th. Wolfe Research increased their target price on shares of Digital Realty Trust from $194.00 to $211.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. BMO Capital Markets raised their target price on shares of Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. Finally, Morgan Stanley boosted their price target on shares of Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $216.52.

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.