iA Global Asset Management Inc. Invests $3.56 Million in Digital Realty Trust, Inc. $DLR

iA Global Asset Management Inc. bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 19,757 shares of the real estate investment trust’s stock, valued at approximately $3,560,000.

A number of other hedge funds have also recently bought and sold shares of DLR. Sunbelt Securities Inc. raised its position in shares of Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 125 shares during the last quarter. Bell Investment Advisors Inc increased its stake in Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 62 shares during the period. Harvest Fund Management Co. Ltd increased its stake in Digital Realty Trust by 970.6% during 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 during the period. Caitong International Asset Management Co. Ltd acquired a new position in Digital Realty Trust in the 3rd quarter valued at approximately $34,000. Finally, MCF Advisors LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at approximately $35,000. 99.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Citigroup restated an “outperform” rating on shares of Digital Realty Trust in a research report on Monday, April 27th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $215.00 target price on shares of Digital Realty Trust in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Digital Realty Trust from $196.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Sanford C. Bernstein increased their price objective on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, Evercore raised their price objective on shares of Digital Realty Trust from $200.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $216.81.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR opened at $176.41 on Thursday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. The business’s fifty day moving average price is $191.00 and its two-hundred day moving average price is $177.99. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The stock has a market capitalization of $61.99 billion, a price-to-earnings ratio of 46.55, a price-to-earnings-growth ratio of 4.88 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the business earned $1.77 earnings per share. The business’s revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, analysts predict that Digital Realty Trust, Inc. will post 8.05 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.

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.