Wealthfront Advisers LLC Makes New $8.88 Million Investment in Digital Realty Trust, Inc. $DLR

Wealthfront Advisers LLC bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 49,421 shares of the real estate investment trust’s stock, valued at approximately $8,875,000.

A number of other hedge funds have also modified their holdings of DLR. Vanguard Group Inc. raised its holdings in shares of Digital Realty Trust by 1.6% during 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 acquiring an additional 854,828 shares in the last quarter. BlackRock Inc. purchased a new position in Digital Realty Trust in the second quarter valued at about $7,277,032,000. Cohen & Steers Inc. grew its stake in Digital Realty Trust by 18.0% in the fourth 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 purchasing an additional 4,276,073 shares in the last quarter. Norges Bank acquired a new position in Digital Realty Trust in the 4th quarter worth about $3,402,995,000. Finally, State Street Corp increased its position in Digital Realty Trust by 1.1% in the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock worth $3,219,256,000 after purchasing an additional 231,933 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DLR. Morgan Stanley lifted their price target on Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a report on Wednesday, July 15th. Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Argus raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price for the company in a research report on Wednesday, August 5th. Finally, Citizens Jmp increased their price target on shares of Digital Realty Trust from $220.00 to $250.00 and gave the stock a “market outperform” rating in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $219.45.

Digital Realty Trust Stock Performance

DLR opened at $192.21 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $71.13 billion, a PE ratio of 93.31, a price-to-earnings-growth ratio of 5.53 and a beta of 1.03. The stock has a 50-day moving average of $186.53 and a 200-day moving average of $185.18. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share 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 net margin of 11.80% and a return on equity of 3.34%. The firm’s revenue was up 28.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities research analysts forecast that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

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. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s payout ratio is presently 236.89%.

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.