Mitsubishi UFJ Asset Management Co. Ltd. Purchases Shares of 1,107,161 Digital Realty Trust, Inc. $DLR

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,107,161 shares of the real estate investment trust’s stock, valued at approximately $198,824,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Nomura Asset Management Co. Ltd. grew its holdings in shares of Digital Realty Trust by 3.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock worth $92,557,000 after purchasing an additional 20,735 shares in the last quarter. Norges Bank acquired a new position in shares of Digital Realty Trust in the fourth quarter valued at $3,402,995,000. Legal & General Group Plc raised its stake in shares of Digital Realty Trust by 5.9% in the fourth quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock valued at $619,956,000 after purchasing an additional 224,688 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new position in Digital Realty Trust in the fourth quarter worth $21,224,000. Finally, Pacific Heights Asset Management LLC boosted its stake in Digital Realty Trust by 20.0% during the fourth quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust’s stock worth $23,206,000 after buying an additional 25,000 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on DLR shares. Barclays boosted their price target on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a report on Wednesday, July 1st. BNP Paribas Exane lifted their target price on shares of Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. upped their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. Sanford C. Bernstein increased their price target on shares of Digital Realty Trust from $218.00 to $232.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, UBS Group raised their price target on shares of Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. One equities 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 MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $219.13.

Digital Realty Trust Stock Down 0.9%

DLR opened at $198.36 on Tuesday. The firm’s 50-day simple moving average is $186.09 and its 200-day simple moving average is $184.77. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The firm has a market cap of $73.40 billion, a price-to-earnings ratio of 96.29, a PEG ratio of 5.67 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.66 billion. During the same quarter last year, the business earned $1.87 EPS. The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

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 issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 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.