OneAscent Financial Services LLC Purchases New Position in Digital Realty Trust, Inc. $DLR

OneAscent Financial Services LLC purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,108 shares of the real estate investment trust’s stock, valued at approximately $558,000.

Other hedge funds have also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. boosted its position in shares of Digital Realty Trust by 3.6% in the fourth 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 acquiring an additional 20,735 shares during the period. Norges Bank bought a new position in Digital Realty Trust during the fourth quarter worth about $3,402,995,000. Legal & General Group Plc raised its stake in Digital Realty Trust by 5.9% in the 4th quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock worth $619,956,000 after purchasing an additional 224,688 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in Digital Realty Trust in the 4th quarter worth about $21,224,000. Finally, Pacific Heights Asset Management LLC boosted its holdings in Digital Realty Trust by 20.0% in the 4th 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 purchasing an additional 25,000 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $194.23 on Friday. The firm has a 50 day moving average of $186.76 and a 200-day moving average of $185.38. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $71.87 billion, a PE ratio of 94.29, a PEG ratio of 5.45 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last posted its quarterly 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). 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 for the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the prior year, the business posted $1.87 EPS. The business’s revenue 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, equities research analysts predict that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DLR. Royal Bank Of Canada increased their target price on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Barclays boosted their price target on Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 1st. Cantor Fitzgerald increased their price target on Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a research note on Wednesday, July 15th. Finally, Scotiabank lifted their price objective on Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a report on Monday, April 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 company. According to data from MarketBeat, the company presently 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.