Rational Advisors Inc. Buys New Position in Digital Realty Trust, Inc. $DLR

Rational Advisors Inc. bought a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,015 shares of the real estate investment trust’s stock, valued at approximately $721,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of DLR. BlackRock Inc. acquired a new stake in shares of Digital Realty Trust during the 2nd quarter worth approximately $7,277,032,000. Cohen & Steers Inc. lifted its position in shares of Digital Realty Trust by 18.0% during 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 period. Norges Bank acquired a new position in shares of Digital Realty Trust during the 4th quarter valued at $3,402,995,000. State Street Corp boosted its stake in Digital Realty Trust by 1.1% during the fourth 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 in the last quarter. Finally, Bank of America Corp DE boosted 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 acquiring an additional 534,158 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Trading Down 3.6%

DLR opened at $185.26 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The firm has a market capitalization of $68.73 billion, a PE ratio of 89.93, a P/E/G ratio of 5.26 and a beta of 1.03. 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’s 50-day moving average is $187.16 and its 200 day moving average is $186.24.

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 the consensus estimate of $1.98 by ($0.77). The company had revenue of $1.92 billion for 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%.The company’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, research analysts predict that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 236.89%.

Wall Street Analyst Weigh In

Several research firms have weighed in on DLR. Evercore reaffirmed an “outperform” rating and issued a $240.00 price target on shares of Digital Realty Trust in a research note on Tuesday, August 18th. TD Cowen raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the stock from $192.00 to $222.00 in a research report on Friday, July 24th. Royal Bank Of Canada raised their target price on Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Barclays upped their price target on Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 1st. Finally, Wells Fargo & Company upgraded Digital Realty Trust from an “overweight” rating to a “buy” rating in a report on Wednesday, August 5th. One research 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.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and an average price target of $219.45.

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.