Digital Realty Trust, Inc. $DLR Shares Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 10.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 165,526 shares of the real estate investment trust’s stock after acquiring an additional 16,065 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Digital Realty Trust were worth $29,055,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Gold Investment Management Ltd. increased its holdings in shares of Digital Realty Trust by 2.3% during the 3rd quarter. Gold Investment Management Ltd. now owns 15,839 shares of the real estate investment trust’s stock valued at $2,780,000 after purchasing an additional 356 shares in the last quarter. LongView Wealth Management lifted its stake in shares of Digital Realty Trust by 3.8% in the 3rd quarter. LongView Wealth Management now owns 4,530 shares of the real estate investment trust’s stock valued at $795,000 after purchasing an additional 164 shares during the period. Jackson Square Capital LLC lifted its stake in shares of Digital Realty Trust by 92.5% in the 3rd quarter. Jackson Square Capital LLC now owns 4,223 shares of the real estate investment trust’s stock valued at $741,000 after purchasing an additional 2,029 shares during the period. Miramontes Capital LLC purchased a new stake in Digital Realty Trust during the third quarter worth $243,000. Finally, Brown Lisle Cummings Inc. boosted its holdings in Digital Realty Trust by 506,960.0% during the third quarter. Brown Lisle Cummings Inc. now owns 25,353 shares of the real estate investment trust’s stock worth $4,450,000 after buying an additional 25,348 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $193.96, for a total value of $38,792.00. Following the transaction, the director directly owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.15% of the stock is currently owned by company insiders.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $172.92 on Tuesday. The company’s fifty day moving average price is $184.69 and its 200 day moving average price is $187.18. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The stock has a market capitalization of $64.15 billion, a P/E ratio of 22.22, a P/E/G ratio of 3.37 and a beta of 0.99. 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 (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%. The business’s revenue was up 28.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities research analysts anticipate that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s payout ratio is currently 236.89%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Evercore restated an “outperform” rating and set a $240.00 price target on shares of Digital Realty Trust in a research report on Tuesday, August 18th. Barclays upped their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $229.00 target price on shares of Digital Realty Trust in a research note on Monday, July 27th. Rothschild & Co Redburn assumed coverage on Digital Realty Trust in a research report on Monday, September 21st. They set a “buy” rating and a $227.00 target price on the stock. Finally, BTIG Research lifted their price target on Digital Realty Trust from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $219.69.

Digital Realty Trust Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data center facilities for businesses, cloud service providers, information technology companies and telecommunications organizations. The company provides the physical infrastructure needed to support data storage, networking, cloud computing and other digital operations.

Its services include data center colocation, interconnection and private connectivity solutions. Digital Realty also offers access to cloud and network providers through its PlatformDIGITAL platform, which is designed to help customers deploy, connect and manage their digital infrastructure across multiple locations.

Founded in 2001, Digital Realty serves customers through a global portfolio of data centers and related facilities across North America, Europe, Asia-Pacific and Latin America.