QRG Capital Management Inc. Grows Stock Holdings in Digital Realty Trust, Inc. $DLR

QRG Capital Management Inc. raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 16.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 49,945 shares of the real estate investment trust’s stock after acquiring an additional 7,045 shares during the period. QRG Capital Management Inc.’s holdings in Digital Realty Trust were worth $9,001,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Sunbelt Securities Inc. grew its position in shares of Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 125 shares during the period. Bell Investment Advisors Inc lifted its position in Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 62 shares during the period. Harvest Fund Management Co. Ltd lifted its position in Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 165 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Digital Realty Trust in the 3rd quarter worth about $34,000. Finally, MCF Advisors LLC acquired a new stake in Digital Realty Trust in the 4th quarter worth about $35,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on DLR. The Goldman Sachs Group reaffirmed a “buy” rating and set a $215.00 price objective on shares of Digital Realty Trust in a research note on Friday, April 24th. Weiss Ratings cut shares of Digital Realty Trust from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Citizens Jmp boosted their target price on shares of Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a report on Monday, April 27th. UBS Group upped their price target on shares of Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, Jefferies Financial Group increased their price target on shares of Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $216.81.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR opened at $173.09 on Friday. The business has a 50-day moving average of $189.88 and a two-hundred day moving average of $178.09. The firm has a market capitalization of $60.82 billion, a PE ratio of 45.67, a P/E/G ratio of 4.71 and a beta of 1.03. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period in the previous year, the company posted $1.77 EPS. The company’s revenue was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, research analysts forecast that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given 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 Monday, June 15th. Digital Realty Trust’s payout ratio is 128.76%.

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.