Clear Harbor Asset Management LLC Acquires Shares of 2,780 Digital Realty Trust, Inc. $DLR

Clear Harbor Asset Management LLC acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,780 shares of the real estate investment trust’s stock, valued at approximately $499,000.

Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Digital Realty Trust by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock valued at $8,394,620,000 after acquiring an additional 854,828 shares during the last quarter. BlackRock Inc. bought a new stake in Digital Realty Trust during the second quarter worth approximately $7,277,032,000. Cohen & Steers Inc. increased its stake in Digital Realty Trust by 18.0% during the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after acquiring an additional 4,276,073 shares during the last quarter. Norges Bank purchased a new stake in Digital Realty Trust during the fourth quarter valued at approximately $3,402,995,000. Finally, State Street Corp lifted its stake in shares of Digital Realty Trust by 1.1% in the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock valued at $3,219,256,000 after purchasing an additional 231,933 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DLR shares. Citizens Jmp lifted their target price on Digital Realty Trust from $220.00 to $250.00 and gave the stock a “market outperform” rating in a report on Monday, April 27th. Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Weiss Ratings downgraded Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. Royal Bank Of Canada lifted their price objective on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Finally, Barclays boosted their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $219.45.

Digital Realty Trust Trading Up 0.1%

DLR opened at $190.81 on Monday. The stock has a market cap of $70.79 billion, a price-to-earnings ratio of 92.63, a P/E/G ratio of 5.40 and a beta of 1.03. The stock’s 50 day moving average price is $186.89 and its 200-day moving average price is $185.56. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share 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 business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the previous year, the company posted $1.87 earnings per share. 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. On average, equities analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

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

Digital Realty Trust Company 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.