Ieq Capital LLC Makes New $863,000 Investment in Digital Realty Trust, Inc. $DLR

Ieq Capital LLC bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, Holdings Channel reports. The institutional investor bought 4,805 shares of the real estate investment trust’s stock, valued at approximately $863,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Bison Wealth LLC raised its stake in Digital Realty Trust by 17.2% during the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after purchasing an additional 390 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Digital Realty Trust by 9.4% in the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after buying an additional 584 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Digital Realty Trust by 23.0% in the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after buying an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina increased its holdings in shares of Digital Realty Trust by 3.9% in the 2nd quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock worth $27,469,000 after buying an additional 5,909 shares during the last quarter. Finally, Peapack Gladstone Financial Corp raised its position in shares of Digital Realty Trust by 0.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock valued at $4,816,000 after buying an additional 231 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on DLR shares. Barclays lifted their price target on Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 1st. Wall Street Zen raised Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Mizuho set a $223.00 target price on Digital Realty Trust in a research report on Monday, August 10th. Finally, Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Stock Down 0.7%

Shares of NYSE DLR opened at $192.12 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $71.28 billion, a P/E ratio of 93.26, a PEG ratio of 5.48 and a beta of 1.03. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The firm has a 50-day simple moving average of $187.21 and a two-hundred day simple moving average of $186.25.

Digital Realty Trust (NYSE:DLR) last released its earnings results 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 net margin of 11.80% and a return on equity of 3.34%. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the company posted $1.87 EPS. The company’s quarterly revenue 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. Research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Announces Dividend

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

About Digital Realty Trust

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.