Nissay Asset Management Corp Japan Has $17.60 Million Stake in Digital Realty Trust, Inc. $DLR

Nissay Asset Management Corp Japan grew its position in Digital Realty Trust, Inc. (NYSE:DLR) by 2.9% during the second quarter, HoldingsChannel.com reports. The firm owned 98,003 shares of the real estate investment trust’s stock after buying an additional 2,717 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Digital Realty Trust were worth $17,599,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Digital Realty Trust during the second quarter worth $7,277,032,000. Cohen & Steers Inc. increased its stake in Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after buying an additional 4,276,073 shares during the last quarter. Norges Bank bought a new stake in Digital Realty Trust during the 4th quarter worth about $3,402,995,000. State Street Corp boosted its stake in shares of Digital Realty Trust by 1.1% during the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock worth $3,219,256,000 after buying an additional 231,933 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Digital Realty Trust by 6.0% in the 1st quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust’s stock valued at $1,706,714,000 after acquiring an additional 534,158 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on DLR shares. Wells Fargo & Company raised Digital Realty Trust from an “overweight” rating to a “buy” rating in a research report on Wednesday, August 5th. Weiss Ratings downgraded Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $229.00 target price on shares of Digital Realty Trust in a report on Monday, July 27th. HSBC raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price target for the stock from $210.00 to $240.00 in a research report on Thursday, August 13th. Finally, Argus raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price objective for the company in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Trading Down 3.6%

DLR stock opened at $185.26 on Friday. The stock has a market cap of $68.73 billion, a price-to-earnings ratio of 89.93, a price-to-earnings-growth ratio of 5.26 and a beta of 1.03. The company has a fifty day moving average price of $187.16 and a two-hundred day moving average price of $186.24. 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 current ratio of 1.06 and a quick ratio of 1.06.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 15th. 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.