iA Global Asset Management Inc. Makes New $3.56 Million Investment in Digital Realty Trust, Inc. $DLR

iA Global Asset Management Inc. bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 19,757 shares of the real estate investment trust’s stock, valued at approximately $3,560,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Norges Bank bought a new stake in Digital Realty Trust during the 4th quarter worth about $3,402,995,000. Cohen & Steers Inc. lifted its position in shares of Digital Realty Trust by 18.0% during the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after purchasing an additional 4,276,073 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Digital Realty Trust by 686.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock worth $831,123,000 after purchasing an additional 4,195,862 shares in the last quarter. Viking Global Investors LP bought a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $233,301,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Digital Realty Trust by 78.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,190,797 shares of the real estate investment trust’s stock valued at $493,650,000 after purchasing an additional 1,405,791 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 1.8%

NYSE DLR opened at $176.41 on Thursday. The stock has a 50-day simple moving average of $191.00 and a 200 day simple moving average of $177.99. The company has a market capitalization of $61.99 billion, a PE ratio of 46.55, a P/E/G ratio of 4.88 and a beta of 1.03. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14.

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

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.

Wall Street Analysts Forecast Growth

DLR has been the topic of several research reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $215.00 price objective on shares of Digital Realty Trust in a report on Friday, April 24th. Wells Fargo & Company lifted their target price on Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Jefferies Financial Group upped their price target on Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Evercore raised their price target on Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Finally, TD Cowen lifted their price objective on Digital Realty Trust from $185.00 to $192.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $216.81.

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.