EFG International AG Buys New Position in Digital Realty Trust, Inc. $DLR

EFG International AG bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 13,086 shares of the real estate investment trust’s stock, valued at approximately $2,351,000.

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

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $193.14 on Thursday. The stock has a fifty day moving average price of $187.13 and a 200 day moving average price of $186.10. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. 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 has a market cap of $71.65 billion, a PE ratio of 93.76, a P/E/G ratio of 5.45 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data 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). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the firm posted $1.87 earnings per share. The business’s quarterly 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. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on DLR shares. Royal Bank Of Canada lifted their target price on shares of Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Barclays increased their price target on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $229.00 price objective on shares of Digital Realty Trust in a research report on Monday, July 27th. HSBC raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $210.00 to $240.00 in a report on Thursday, August 13th. Finally, JPMorgan Chase & Co. increased their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $219.45.

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.