Daiichi Life Insurance Co. Ltd. Acquires New Position in Digital Realty Trust, Inc. $DLR

Daiichi Life Insurance Co. Ltd. bought a new position in Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 20,170 shares of the real estate investment trust’s stock, valued at approximately $3,622,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bison Wealth LLC grew its stake in Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after purchasing an additional 390 shares in the last quarter. Empowered Funds LLC raised its position in Digital Realty Trust by 9.4% during the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock valued at $972,000 after purchasing an additional 584 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Digital Realty Trust by 23.0% in the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after buying an additional 4,069 shares during the period. Treasurer of the State of North Carolina lifted its holdings in shares of Digital Realty Trust by 3.9% in the 2nd quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock worth $27,469,000 after buying an additional 5,909 shares during the period. Finally, Peapack Gladstone Financial Corp grew its position in shares of Digital Realty Trust by 0.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock worth $4,816,000 after buying an additional 231 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price objective for the company from $192.00 to $222.00 in a report on Friday, July 24th. Guggenheim upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a report on Wednesday, July 15th. JPMorgan Chase & Co. boosted their price target on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Weiss Ratings cut shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $229.00 price objective on shares of Digital Realty Trust in a research note on Monday, July 27th. 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 stock. Based on data from MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Trading Up 0.1%

Shares of NYSE DLR opened at $190.81 on Monday. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The business has a fifty day moving average price of $186.89 and a 200 day moving average price of $185.56. The stock has a market capitalization of $70.79 billion, a P/E ratio of 92.63, a price-to-earnings-growth ratio of 5.40 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. Digital Realty Trust’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts expect 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 given a $1.22 dividend. 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 2.6%. Digital Realty Trust’s payout ratio is presently 236.89%.

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.