Flputnam Investment Management Co. Makes New $3.66 Million Investment in Digital Realty Trust, Inc. $DLR

Flputnam Investment Management Co. purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 20,365 shares of the real estate investment trust’s stock, valued at approximately $3,657,000.

Other hedge funds also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. grew its stake in shares of Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 125 shares during the last quarter. Bell Investment Advisors Inc boosted its holdings in Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 62 shares during the period. Harvest Fund Management Co. Ltd grew its position in Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 165 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Digital Realty Trust in the third quarter worth $34,000. Finally, MCF Advisors LLC purchased a new stake in Digital Realty Trust in the fourth quarter worth $35,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Price Performance

NYSE:DLR opened at $200.07 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The company has a 50 day moving average price of $185.78 and a 200-day moving average price of $184.53. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The firm has a market cap of $74.03 billion, a price-to-earnings ratio of 97.12, a price-to-earnings-growth ratio of 5.67 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period last year, the company posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed 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. This represents a $4.88 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 236.89%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on DLR shares. Evercore lifted their price objective on shares of Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. BMO Capital Markets lifted their target price on Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research report on Monday, April 20th. UBS Group upped their target price on Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $219.13.

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.