Andra AP fonden Has $1.37 Million Position in Digital Realty Trust, Inc. $DLR

Andra AP fonden boosted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 227.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,832 shares of the real estate investment trust’s stock after acquiring an additional 5,437 shares during the quarter. Andra AP fonden’s holdings in Digital Realty Trust were worth $1,365,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of DLR. Vanguard Group Inc. raised its position in Digital Realty Trust by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 52,378,860 shares of the real estate investment trust’s stock worth $7,505,367,000 after purchasing an additional 925,674 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Digital Realty Trust by 63.0% during the first quarter. Canada Pension Plan Investment Board now owns 7,144,737 shares of the real estate investment trust’s stock worth $1,023,769,000 after acquiring an additional 2,760,286 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Digital Realty Trust by 4.3% in the first quarter. Northern Trust Corp now owns 5,301,199 shares of the real estate investment trust’s stock worth $759,609,000 after acquiring an additional 220,649 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Digital Realty Trust by 1.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,714,045 shares of the real estate investment trust’s stock valued at $675,456,000 after acquiring an additional 57,312 shares during the last quarter. Finally, Invesco Ltd. increased its position in Digital Realty Trust by 4.8% during the 1st quarter. Invesco Ltd. now owns 4,092,496 shares of the real estate investment trust’s stock valued at $586,414,000 after purchasing an additional 186,613 shares during the period. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 1.0%

Digital Realty Trust stock opened at $169.97 on Friday. The firm has a market capitalization of $58.39 billion, a price-to-earnings ratio of 43.92, a price-to-earnings-growth ratio of 4.13 and a beta of 0.96. The firm’s fifty day moving average price is $171.44 and its two-hundred day moving average price is $170.89. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $198.00. The company has a current ratio of 2.02, a quick ratio of 2.22 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, October 23rd. The real estate investment trust reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.11. The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.53 billion. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. The firm’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.67 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.320-7.380 EPS. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Monday, December 15th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Monday, December 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 126.10%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DLR. Morgan Stanley initiated coverage on shares of Digital Realty Trust in a research report on Thursday, October 16th. They issued an “equal weight” rating and a $195.00 price target on the stock. Barclays upped their price target on shares of Digital Realty Trust from $141.00 to $161.00 and gave the company an “underweight” rating in a research report on Monday, October 27th. Citigroup lifted their price objective on Digital Realty Trust from $200.00 to $212.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Daiwa Capital Markets initiated coverage on Digital Realty Trust in a research note on Wednesday, October 22nd. They issued a “buy” rating and a $210.00 price objective on the stock. Finally, Cowen reaffirmed a “hold” rating on shares of Digital Realty Trust in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $198.14.

Insider Activity

In related news, CEO Andrew Power sold 53,269 shares of the company’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.13% of the stock is currently owned by insiders.

Digital Realty Trust Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.