36,981 Digital Realty Trust, Inc. $DLR Shares Acquired by State of Alaska Department of Revenue

State of Alaska Department of Revenue increased its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 17.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 243,799 shares of the real estate investment trust’s stock after buying an additional 36,981 shares during the quarter. State of Alaska Department of Revenue owned approximately 0.07% of Digital Realty Trust worth $42,794,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Digital Realty Trust during the 2nd quarter worth about $7,277,032,000. Bank of America Corp DE increased its stake in Digital Realty Trust by 6.0% during the 1st quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust’s stock worth $1,706,714,000 after acquiring an additional 534,158 shares during the period. Canada Pension Plan Investment Board bought a new stake in Digital Realty Trust during the second quarter worth about $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Digital Realty Trust by 17,256.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust’s stock worth $878,325,000 after acquiring an additional 4,862,814 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Digital Realty Trust by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 4,850,416 shares of the real estate investment trust’s stock valued at $874,046,000 after acquiring an additional 35,850 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 0.1%

NYSE DLR traded down $0.24 during trading hours on Thursday, reaching $171.85. The company’s stock had a trading volume of 1,018,907 shares, compared to its average volume of 2,310,305. The firm has a fifty day simple moving average of $185.78 and a 200-day simple moving average of $187.24. The stock has a market cap of $63.76 billion, a P/E ratio of 83.39, a P/E/G ratio of 3.41 and a beta of 0.99. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick 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). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the previous year, the company earned $1.87 earnings per share. The business’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. Equities analysts forecast that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

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

Insiders Place Their Bets

In other news, Director Mark Patterson sold 200 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total transaction of $38,792.00. Following the transaction, the director directly owned 6,322 shares of the company’s stock, valued at $1,226,215.12. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on DLR shares. Mizuho set a $223.00 target price on Digital Realty Trust in a research note on Monday, August 10th. Wells Fargo & Company upgraded shares of Digital Realty Trust from an “overweight” rating to a “buy” rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $229.00 price target on shares of Digital Realty Trust in a research note on Monday, July 27th. Citigroup reaffirmed a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Finally, TD Cowen upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the stock from $192.00 to $222.00 in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $219.69.

Digital Realty Trust Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers and related digital infrastructure. The company provides facilities and technology environments that support the computing, storage, networking and connectivity needs of enterprises, cloud service providers, telecommunications companies and other organizations.

Through its PlatformDIGITAL platform, Digital Realty offers data center colocation, interconnection and hyperscale data center solutions.