67,613 Shares in Digital Realty Trust, Inc. $DLR Bought by Caisse de depot et placement du Quebec

Caisse de depot et placement du Quebec purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, HoldingsChannel reports. The fund purchased 67,613 shares of the real estate investment trust’s stock, valued at approximately $12,142,000.

Other hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. raised its stake in Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 125 shares during the last quarter. Gables Capital Management Inc. acquired a new stake in Digital Realty Trust during the 2nd quarter worth about $29,000. Harvest Fund Management Co. Ltd raised its position in shares of Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 165 shares in the last quarter. Bell Investment Advisors Inc lifted its stake in shares of Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares during the period. Finally, Solstein Capital LLC acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at about $32,000. 99.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DLR has been the subject of several recent analyst reports. Weiss Ratings cut Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Mizuho set a $223.00 price target on Digital Realty Trust in a research note on Monday, August 10th. Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Guggenheim raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a research report on Wednesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $229.00 target price on shares of Digital Realty Trust in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $219.45.

Digital Realty Trust Stock Down 3.6%

DLR stock opened at $185.26 on Friday. The stock’s 50 day simple moving average is $187.16 and its 200 day simple moving average is $186.24. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. 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 $68.73 billion, a P/E ratio of 89.93, a price-to-earnings-growth ratio of 5.44 and a beta of 1.03.

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). 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 the consensus estimate of $1.66 billion. During the same quarter in the previous year, the company posted $1.87 EPS. The firm’s revenue was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, research analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

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

Digital Realty Trust 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.