Varma Mutual Pension Insurance Co Acquires Shares of 70,583 Digital Realty Trust, Inc. $DLR

Varma Mutual Pension Insurance Co bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 70,583 shares of the real estate investment trust’s stock, valued at approximately $12,675,000.

Several other large investors have also recently modified their holdings of the business. Gables Capital Management Inc. bought a new stake in Digital Realty Trust during the 2nd quarter valued at $29,000. Sunbelt Securities Inc. raised its stake in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 125 shares during the period. Bell Investment Advisors Inc boosted its stake in 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 purchasing an additional 62 shares during the period. Harvest Fund Management Co. Ltd grew its holdings in Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 165 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Digital Realty Trust during the third quarter valued at about $34,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $190.81 on Monday. The company’s fifty day moving average price is $186.89 and its 200-day moving average price is $185.56. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $70.79 billion, a price-to-earnings ratio of 92.63, a PEG ratio of 5.40 and a beta of 1.03. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) 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 company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter last year, the firm posted $1.87 earnings per share. The firm’s revenue was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities research analysts anticipate 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. Stockholders of record on Tuesday, September 15th will be given a dividend of $1.22 per share. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. Digital Realty Trust’s dividend payout ratio is 236.89%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DLR. Weiss Ratings cut shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Scotiabank upped their price target on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. JPMorgan Chase & Co. increased their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Guggenheim raised Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a research note on Wednesday, July 15th. Finally, TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the stock from $192.00 to $222.00 in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.