California State Teachers Retirement System Has $76.79 Million Stock Position in Digital Realty Trust, Inc. $DLR

California State Teachers Retirement System lessened its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.0% in the first quarter, HoldingsChannel.com reports. The firm owned 426,135 shares of the real estate investment trust’s stock after selling 8,515 shares during the quarter. California State Teachers Retirement System’s holdings in Digital Realty Trust were worth $76,794,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Sunbelt Securities Inc. raised its stake in Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 125 shares during the last quarter. Bell Investment Advisors Inc grew its holdings 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 acquiring an additional 62 shares during the period. Harvest Fund Management Co. Ltd grew its holdings in Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 165 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Digital Realty Trust in the 3rd quarter worth about $34,000. Finally, MCF Advisors LLC bought a new position in shares of Digital Realty Trust in the 4th quarter worth about $35,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 2.7%

NYSE DLR opened at $193.19 on Friday. The company has a market cap of $67.89 billion, a price-to-earnings ratio of 93.78, a P/E/G ratio of 5.34 and a beta of 1.03. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The business has a 50 day moving average price of $184.78 and a 200-day moving average price of $181.93. The company has a quick ratio of 1.59, a current ratio of 0.87 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the prior year, the business earned $1.87 earnings per share. Digital Realty Trust’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. As a group, equities analysts expect that Digital Realty Trust, Inc. will post 8.39 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Royal Bank Of Canada upped their target price on Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a research report on Monday. BMO Capital Markets boosted their price target on Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. Evercore increased their price target on Digital Realty Trust from $200.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday, April 21st. Guggenheim raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a research report on Wednesday, July 15th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $218.17.

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.