Fairtree Asset Management Pty Ltd Buys New Holdings in Digital Realty Trust, Inc. $DLR

Fairtree Asset Management Pty Ltd purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, HoldingsChannel.com reports. The firm purchased 4,688 shares of the real estate investment trust’s stock, valued at approximately $842,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gables Capital Management Inc. purchased a new position in shares of Digital Realty Trust in the 2nd quarter worth about $29,000. Sunbelt Securities Inc. grew its holdings in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 125 shares during the period. Bell Investment Advisors Inc increased its position in Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares in the last quarter. Harvest Fund Management Co. Ltd raised its holdings in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 165 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Digital Realty Trust in the third quarter valued at approximately $34,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $194.23 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The company’s fifty day moving average price is $186.76 and its two-hundred day moving average price is $185.38. The firm has a market capitalization of $71.87 billion, a P/E ratio of 94.29, a P/E/G ratio of 5.45 and a beta of 1.03. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the prior year, the company posted $1.87 EPS. The company’s revenue for the quarter 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 anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 236.89%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. BNP Paribas Exane raised 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 note on Friday, April 24th. BTIG Research initiated coverage on shares of Digital Realty Trust in a report on Friday, July 10th. They set a “buy” rating and a $215.00 target price on the stock. Sanford C. Bernstein upped 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, Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. One investment 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. Based on data from MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $219.45.

Digital Realty Trust Company 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.