OVERSEA CHINESE BANKING Corp Ltd Makes New Investment in Digital Realty Trust, Inc. $DLR

OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 41,512 shares of the real estate investment trust’s stock, valued at approximately $7,455,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Digital Realty Trust by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock valued at $8,394,620,000 after acquiring an additional 854,828 shares during the last quarter. BlackRock Inc. purchased a new stake in Digital Realty Trust during the 2nd quarter valued at about $7,277,032,000. Cohen & Steers Inc. grew its position in Digital Realty Trust by 18.0% during the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after acquiring an additional 4,276,073 shares during the last quarter. Norges Bank purchased a new position in Digital Realty Trust in the 4th quarter worth approximately $3,402,995,000. Finally, State Street Corp increased its stake in Digital Realty Trust by 1.1% in the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock worth $3,219,256,000 after purchasing an additional 231,933 shares during the period. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Price Performance

Shares of DLR stock opened at $194.23 on Friday. 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 fifty-two week low of $146.23 and a fifty-two week high of $208.14. The firm has a market cap 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. The business’s 50 day moving average price is $186.76 and its 200-day moving average price is $185.38.

Digital Realty Trust (NYSE:DLR) last announced its 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 for the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the prior year, the company earned $1.87 EPS. Digital Realty Trust’s revenue 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. On average, equities research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 yield of 2.5%. Digital Realty Trust’s dividend payout ratio is 236.89%.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of analyst reports. Citizens Jmp increased their price objective on Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a research note on Monday, April 27th. UBS Group lifted their target price 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $229.00 price target on shares of Digital Realty Trust in a report on Monday, July 27th. Citigroup reissued a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Finally, Sanford C. Bernstein boosted their price objective on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.