Sumitomo Mitsui Trust Group Inc. Has $181.09 Million Holdings in Digital Realty Trust, Inc. $DLR

Sumitomo Mitsui Trust Group Inc. lessened its position in Digital Realty Trust, Inc. (NYSE:DLR) by 22.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,004,878 shares of the real estate investment trust’s stock after selling 286,225 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Digital Realty Trust were worth $181,089,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of DLR. Bison Wealth LLC lifted its position in shares of Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after purchasing an additional 390 shares in the last quarter. Empowered Funds LLC increased its position in Digital Realty Trust by 9.4% in the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after purchasing an additional 584 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Digital Realty Trust by 23.0% during the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after purchasing an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in shares of Digital Realty Trust by 3.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock valued at $27,469,000 after buying an additional 5,909 shares during the last quarter. Finally, Peapack Gladstone Financial Corp lifted its holdings in shares of Digital Realty Trust by 0.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock valued at $4,816,000 after buying an additional 231 shares during the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Cantor Fitzgerald restated an “overweight” rating and issued a $211.00 price objective on shares of Digital Realty Trust in a report on Friday, May 1st. BMO Capital Markets lifted their target price on shares of Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. Mizuho boosted their target price on shares of Digital Realty Trust from $180.00 to $217.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. JPMorgan Chase & Co. upped their price target on Digital Realty Trust from $210.00 to $230.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Finally, Weiss Ratings lowered shares of Digital Realty Trust from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average price target of $216.81.

Digital Realty Trust Stock Performance

NYSE DLR opened at $179.43 on Friday. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The company’s 50-day simple moving average is $188.16 and its 200 day simple moving average is $179.03. The stock has a market cap of $63.05 billion, a P/E ratio of 47.34, a PEG ratio of 4.79 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.Digital Realty Trust’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, research analysts forecast that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $1.22 dividend. The ex-dividend date was Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.7%. Digital Realty Trust’s payout ratio is 128.76%.

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.