California Public Employees Retirement System Has $104.56 Million Position in Digital Realty Trust, Inc. $DLR

California Public Employees Retirement System lessened its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 580,219 shares of the real estate investment trust’s stock after selling 6,398 shares during the quarter. California Public Employees Retirement System’s holdings in Digital Realty Trust were worth $104,561,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. raised its holdings 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 valued at $28,000 after buying an additional 125 shares in the last quarter. Bell Investment Advisors Inc lifted its position in shares of Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 62 shares during the last quarter. Harvest Fund Management Co. Ltd boosted its stake in shares of Digital Realty Trust by 970.6% during 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. Caitong International Asset Management Co. Ltd acquired a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $34,000. Finally, MCF Advisors LLC acquired a new position in shares of Digital Realty Trust during the 4th quarter valued at about $35,000. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $173.86 on Friday. The firm has a market capitalization of $61.10 billion, a PE ratio of 45.87, a PEG ratio of 4.72 and a beta of 1.03. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The business’s 50 day moving average is $185.62 and its 200-day moving average is $179.77.

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, hitting analysts’ consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the company earned $1.77 earnings per share. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Sell-side analysts predict that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current 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 issued a $1.22 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

Analysts Set New Price Targets

Several research firms recently weighed in on DLR. Raymond James Financial boosted their target price on Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a report on Friday, April 24th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $211.00 target price on shares of Digital Realty Trust in a research report on Friday, May 1st. TD Cowen increased their price target on shares of Digital Realty Trust from $185.00 to $192.00 and gave the company a “hold” rating in a report on Friday, April 24th. The Goldman Sachs Group restated a “buy” rating and issued a $215.00 price target on shares of Digital Realty Trust in a research report on Friday, April 24th. Finally, Evercore upped their price objective on shares of Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.17.

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.