RB Capital Management LLC Takes $697,000 Position in Digital Realty Trust, Inc. $DLR

RB Capital Management LLC acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 3,884 shares of the real estate investment trust’s stock, valued at approximately $697,000.

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

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Evercore reiterated an “outperform” rating and issued a $240.00 target price on shares of Digital Realty Trust in a report on Tuesday, August 18th. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. HSBC raised Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price objective for the company from $210.00 to $240.00 in a research note on Thursday, August 13th. Cantor Fitzgerald boosted their target price on Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Barclays increased their target price on shares of 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. One investment 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 stock. According to data from MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average price target of $219.45.

Digital Realty Trust Trading Down 3.6%

Shares of DLR opened at $185.26 on Friday. The stock’s 50-day moving average is $187.16 and its two-hundred day moving average is $186.24. The stock has a market cap of $68.73 billion, a PE ratio of 89.93, a P/E/G ratio of 5.44 and a beta of 1.03. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month 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 earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. Digital Realty Trust’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.87 EPS. 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 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company 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. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.6%. Digital Realty Trust’s dividend payout ratio (DPR) 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.