SWP Investment Management LLC Raises Stake in Digital Realty Trust, Inc. $DLR

SWP Investment Management LLC increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 45.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,784 shares of the real estate investment trust’s stock after purchasing an additional 4,324 shares during the period. SWP Investment Management LLC’s holdings in Digital Realty Trust were worth $2,475,000 at the end of the most recent quarter.

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

Digital Realty Trust Trading Up 1.4%

Shares of DLR stock opened at $191.25 on Tuesday. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The stock has a market cap of $67.21 billion, a P/E ratio of 92.84, a P/E/G ratio of 5.35 and a beta of 1.03. The business has a fifty day simple moving average of $184.70 and a 200-day simple moving average of $182.36. 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 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). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period last year, the business earned $1.87 earnings per share. The company’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. On average, analysts forecast that Digital Realty Trust, Inc. will post 8.39 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. Digital Realty Trust’s payout ratio is currently 236.89%.

Wall Street Analysts Forecast Growth

DLR has been the subject of a number of research reports. Royal Bank Of Canada upped 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. Cantor Fitzgerald raised their price target on Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Scotiabank boosted their price target on Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. UBS Group upped their price objective on Digital Realty Trust from $225.00 to $227.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, TD Cowen raised Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the stock from $192.00 to $222.00 in a research report on Friday, July 24th. One 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, Digital Realty Trust presently has a consensus 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.