Renaissance Technologies LLC Boosts Stock Position in Digital Realty Trust, Inc. $DLR

Renaissance Technologies LLC grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 60.5% in the 1st quarter, HoldingsChannel reports. The firm owned 32,900 shares of the real estate investment trust’s stock after acquiring an additional 12,398 shares during the quarter. Renaissance Technologies LLC’s holdings in Digital Realty Trust were worth $5,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the stock. Cherry Creek Investment Advisors Inc. increased its holdings in Digital Realty Trust by 0.3% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock worth $3,378,000 after buying an additional 51 shares during the last quarter. Columbia Bank grew its position in shares of Digital Realty Trust by 0.9% during the 1st quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock valued at $1,111,000 after acquiring an additional 53 shares during the period. GHP Investment Advisors Inc. grew its position in shares of Digital Realty Trust by 9.1% during the 1st quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock valued at $118,000 after acquiring an additional 55 shares during the period. South Plains Financial Inc. increased its stake in shares of Digital Realty Trust by 25.7% during the 4th quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 56 shares during the last quarter. Finally, Twin Capital Management Inc. raised its holdings in shares of Digital Realty Trust by 1.1% in the 1st quarter. Twin Capital Management Inc. now owns 5,618 shares of the real estate investment trust’s stock worth $1,012,000 after purchasing an additional 59 shares during the period. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on DLR shares. BTIG Research began coverage on Digital Realty Trust in a research note on Friday, July 10th. They issued a “buy” rating and a $215.00 price objective on the stock. Cantor Fitzgerald boosted their target price on Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. BMO Capital Markets upped their price target 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $229.00 price target on shares of Digital Realty Trust in a research note on Monday, July 27th. Finally, Citizens Jmp boosted their price objective on Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus price target of $217.97.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $195.37 on Thursday. The stock has a market cap of $72.29 billion, a P/E ratio of 94.84, a PEG ratio of 5.50 and a beta of 1.03. The company has a quick ratio of 1.59, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The business’s 50-day moving average price is $184.78 and its two-hundred day moving average price is $182.86. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued 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). The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.Digital Realty Trust’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities analysts predict that Digital Realty Trust, Inc. will post 8.39 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $1.22 per share. The ex-dividend date was Monday, June 15th. This represents a $4.88 annualized dividend and a yield of 2.5%. Digital Realty Trust’s dividend payout ratio is currently 236.89%.

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.