Greenland Capital Management LP Takes $5.29 Million Position in Digital Realty Trust, Inc. $DLR

Greenland Capital Management LP acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,451 shares of the real estate investment trust’s stock, valued at approximately $5,289,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in DLR. Nomura Asset Management Co. Ltd. lifted its stake in 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 acquiring an additional 20,735 shares in the last quarter. Norges Bank acquired a new position in Digital Realty Trust during the 4th quarter worth approximately $3,402,995,000. Legal & General Group Plc grew its stake in shares of Digital Realty Trust by 5.9% during 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 acquiring an additional 224,688 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $21,224,000. Finally, Pacific Heights Asset Management LLC lifted its position 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 worth $23,206,000 after purchasing an additional 25,000 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DLR has been the subject of several recent research reports. Evercore restated an “outperform” rating and set a $240.00 target price on shares of Digital Realty Trust in a report on Tuesday. Argus raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target on the stock in a research report on Wednesday, August 5th. Cantor Fitzgerald increased their price objective on shares of Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. BTIG Research began coverage on Digital Realty Trust in a report on Friday, July 10th. They issued a “buy” rating and a $215.00 price objective for the company. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Stock Down 1.8%

DLR opened at $190.81 on Friday. The stock’s fifty day simple moving average is $186.89 and its 200 day simple moving average is $185.41. 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 cap of $70.79 billion, a PE ratio of 92.63, a price-to-earnings-growth ratio of 5.40 and a beta of 1.03. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 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 company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the firm earned $1.87 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. Digital Realty Trust’s payout ratio is presently 236.89%.

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.