9,216 Shares in Digital Realty Trust, Inc. $DLR Acquired by Pacific Sun Financial Corp

Pacific Sun Financial Corp bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, HoldingsChannel reports. The firm bought 9,216 shares of the real estate investment trust’s stock, valued at approximately $1,655,000. Digital Realty Trust accounts for about 0.7% of Pacific Sun Financial Corp’s portfolio, making the stock its 27th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Digital Realty Trust by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after purchasing an additional 854,828 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Digital Realty Trust during the second quarter valued at $7,277,032,000. Cohen & Steers Inc. increased its holdings in Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after buying an additional 4,276,073 shares in the last quarter. Norges Bank purchased a new position in Digital Realty Trust in the 4th quarter worth about $3,402,995,000. Finally, State Street Corp lifted its stake in Digital Realty Trust by 1.1% during the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock valued at $3,219,256,000 after acquiring an additional 231,933 shares during the period. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 1.2%

DLR stock opened at $195.49 on Wednesday. The business’s 50-day moving average price is $186.30 and its 200-day moving average price is $185.00. The stock has a market cap of $72.34 billion, a P/E ratio of 94.90, a PEG ratio of 5.67 and a beta of 1.03. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. 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 released its 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). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the prior year, the company posted $1.87 earnings per share. The company’s revenue was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities research analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio is 236.89%.

Analysts Set New Price Targets

DLR has been the topic of a number of recent analyst reports. Citizens Jmp raised their price target on shares of Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a report on Monday, April 27th. Royal Bank Of Canada increased their price objective on shares of Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $229.00 target price on shares of Digital Realty Trust in a report on Monday, July 27th. BNP Paribas Exane lifted their target price on shares of Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, TD Cowen upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their target price for the company from $192.00 to $222.00 in a research note on Friday, July 24th. One investment 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 company. Based on data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $219.45.

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.