Corient Private Wealth LP Acquires New Holdings in Digital Realty Trust, Inc. $DLR

Corient Private Wealth LP bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 57,518 shares of the real estate investment trust’s stock, valued at approximately $10,329,000.

Other institutional investors have also recently bought and sold shares of the company. Bison Wealth LLC boosted its holdings in shares of Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after buying an additional 390 shares during the period. Empowered Funds LLC raised its holdings in shares of Digital Realty Trust by 9.4% during the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after acquiring an additional 584 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Digital Realty Trust by 23.0% during the second quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after acquiring an additional 4,069 shares during the period. Treasurer of the State of North Carolina lifted its position in Digital Realty Trust by 3.9% in 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 acquiring an additional 5,909 shares in the last quarter. Finally, Peapack Gladstone Financial Corp lifted its position in Digital Realty Trust by 0.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock valued at $4,816,000 after acquiring an additional 231 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on DLR shares. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. BTIG Research began coverage on Digital Realty Trust in a research report on Friday, July 10th. They set a “buy” rating and a $215.00 price objective for the company. Barclays increased their price objective on Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 1st. Evercore reissued an “outperform” rating and issued a $240.00 target price on shares of Digital Realty Trust in a research report on Tuesday, August 18th. Finally, JPMorgan Chase & Co. boosted their target price on Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. One investment 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Stock Down 3.6%

Shares of DLR stock opened at $185.26 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The firm’s fifty day moving average price is $187.16 and its two-hundred day moving average price is $186.24. The firm has a market capitalization of $68.73 billion, a P/E ratio of 89.93, a PEG ratio of 5.26 and a beta of 1.03.

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 business 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 company’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same period last year, the firm earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities analysts predict that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $1.22 per share. 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 is 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.