Danske Bank A S Invests $57.65 Million in Digital Realty Trust, Inc. $DLR

Danske Bank A S acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 321,016 shares of the real estate investment trust’s stock, valued at approximately $57,648,000. Danske Bank A S owned approximately 0.09% of Digital Realty Trust as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Sunbelt Securities Inc. lifted its stake in Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 125 shares during the last quarter. Gables Capital Management Inc. bought a new stake in shares of Digital Realty Trust in the second quarter worth about $29,000. Bell Investment Advisors Inc grew its position in shares of Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 62 shares during the last quarter. Harvest Fund Management Co. Ltd boosted its holdings in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 165 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Digital Realty Trust during the third quarter valued at about $34,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $195.49 on Wednesday. The stock’s fifty day moving average is $186.30 and its 200 day moving average is $185.00. The firm has a market capitalization of $72.34 billion, a PE ratio of 94.90, a PEG ratio of 5.67 and a beta of 1.03. 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, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued its quarterly 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 firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm 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. This represents a $4.88 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is presently 236.89%.

Wall Street Analysts Forecast Growth

DLR has been the topic of several research reports. Barclays lifted their price target on 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. TD Cowen upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price target for the company from $192.00 to $222.00 in a report on Friday, July 24th. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Stifel Nicolaus boosted their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and an average price target of $219.45.

Digital Realty Trust 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.