150,000 Shares in Digital Realty Trust, Inc. $DLR Purchased by Pacific Heights Asset Management LLC

Pacific Heights Asset Management LLC acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 150,000 shares of the real estate investment trust’s stock, valued at approximately $26,937,000.

Other hedge funds have also recently modified their holdings of the company. Jefferies Financial Group Inc. bought a new position in shares of Digital Realty Trust during the second quarter valued at approximately $1,055,000. Public Employees Retirement System of Ohio bought a new stake in shares of Digital Realty Trust during the 2nd quarter worth approximately $98,634,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in Digital Realty Trust during the 2nd quarter valued at $218,000. Triton Financial Group Inc bought a new position in Digital Realty Trust in the 2nd quarter valued at $2,581,000. Finally, Jacobs Equity LLC purchased a new stake in Digital Realty Trust in the second quarter worth $305,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

DLR opened at $192.12 on Friday. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The business’s fifty day simple moving average is $187.21 and its 200-day simple moving average is $186.25. The company has a market capitalization of $71.28 billion, a price-to-earnings ratio of 93.26, a PEG ratio of 5.48 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 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the prior year, the business posted $1.87 EPS. The business’s quarterly 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, equities research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DLR. Barclays boosted their target price on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 1st. Wall Street Zen raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Argus raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price objective for the company in a research report on Wednesday, August 5th. BTIG Research started coverage on shares of Digital Realty Trust in a research note on Friday, July 10th. They issued a “buy” rating and a $215.00 target price on the stock. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock 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.