In its upcoming report, Digital Realty Trust (DLR) is predicted by Wall Street analysts to post quarterly earnings of $1.67 per share, reflecting an increase of 3.1% compared to the same period last year. Revenues are forecasted to be $1.44 billion, representing a year-over-year increase of 2.3%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projectio ...

Overview of the Recent Transaction - Norges Bank acquired an additional 3,333,399 shares of Digital Realty Trust Inc (DLR) on September 30, 2024, increasing their total holdings to 21,791,414 shares [1] - The shares were purchased at $161.83 each, reflecting a strategic addition to Norges Bank's investment portfolio [1] Profile of Norges Bank - Norges Bank is a global investment entity based in Oslo, managing a diverse portfolio with a strong focus on technology and financial services [2] - The bank's equity portfolio is valued at approximately $669.35 billion, with top holdings including Apple Inc, Amazon.com Inc, and Microsoft Corp [2] NORGES BANK's Top Holdings of 2024-06-30 - Microsoft Corp: $43.4 billion (6.48% of portfolio) [3] - Apple Inc: $37.4 billion (5.59% of portfolio) [3] - NVIDIA Corp: $36.0 billion (5.38% of portfolio) [3] - Amazon.com Inc: $23.0 billion (3.43% of portfolio) [3] - Alphabet Inc: $19.6 billion (2.92% of portfolio) [3] - Meta Platforms: $15.4 billion (2.29% of portfolio) [3] - Eli Lilly and Co: $10.0 billion (1.49% of portfolio) [3] - Broadcom Inc: $9.3 billion (1.39% of portfolio) [3] - JPMorgan Chase: $7.5 billion (1.11% of portfolio) [3] - Exxon Mobil Corp: $7.4 billion (1.11% of portfolio) [3] Introduction to Digital Realty Trust Inc - Digital Realty Trust Inc is a leading data center company headquartered in the USA, with over 300 data centers globally [4] - The company operates as a Real Estate Investment Trust (REIT) and has shifted its focus towards providing higher-level services for large-scale cloud service providers [4] Digital Realty Trust Inc (DLR) GF Score: 84/100 - Norges Bank's recent acquisition increased their stake in Digital Realty to 6.66% of their total portfolio, emphasizing a strategic focus on real estate and technology sectors [5] - Digital Realty's stock is modestly overvalued with a GF Value of $135.26 and a market capitalization of $51.49 billion [5] - The stock has seen a year-to-date increase of 16.3%, despite a recent price drop of 2.82% since the transaction [5] - Since its IPO, the stock has surged by 1210.58%, indicating robust long-term growth [5] Sector and Industry Analysis - Digital Realty stands out in the REITs industry due to its specialized focus on data centers, a critical component of the digital economy [6] - The company's strategic shift towards higher service levels positions it well to meet the growing demand for data processing and storage solutions [6] Other Significant Stakeholders - Notable investors in Digital Realty include Baron Funds, Chris Davis (Trades, Portfolio), and Jefferies Group (Trades, Portfolio), contributing to a diverse shareholder base [7] Conclusion - Norges Bank's acquisition of additional shares in Digital Realty Trust Inc highlights a strategic commitment to the technology and real estate sectors [8] - This investment enhances Norges Bank's portfolio and positions it to capitalize on the growing global demand for data center services [8]

AUSTIN, Texas, Oct. 1, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, announced today that it will release financial results for the third quarter of 2024 after the market closes on Thursday, October 24, 2024. The company will host a conference call to discuss these results at 5:00 p.m. ET / 4:00 p.m. CT on Thursday, October 24, 2024. To participate in the live call, investors are invited to d ...

Digital Realty (DLR) recently announced that it has refinanced and upsized its revolving credit facilities to $4.5 billion. This move strengthens the data center REIT's strong financial flexibility. DLR has amended, restated and extended its present $3.75 billion multi-currency global unsecured revolving credit facility to $4.2 billion, reflecting an expansion of $450 million. The $4.2 billion credit facility is set to mature in January 2029, with the possibility of a one-year extension to January 2030. DLR ...

Digital Realty Trust, Inc. (NYSE:DLR) 2024 RBC Capital Markets Global Communications Infrastructure Conference September 24, 2024 2:40 PM ET Company Participants Matt Mercier - CFO Jordan Sadler - Head of IR Conference Call Participants Jonathan Atkin - RBC Capital Markets Jonathan Atkin Our next session, I'd like to welcome back Digital Realty to our conference. And from the far right, we have Jordan Sadler, who is the Head of Investor Relations. And then we have Matt Mercier to my immediate left, the Chie ...

Digital Realty Trust, Inc. (NYSE:DLR) 2024 RBC Capital Markets Global Communications Infrastructure Conference September 24, 2024 2:40 PM ET Company Participants Matt Mercier - CFO Jordan Sadler - Head of IR Conference Call Participants Jonathan Atkin - RBC Capital Markets Jonathan Atkin Our next session, I'd like to welcome back Digital Realty to our conference. And from the far right, we have Jordan Sadler, who is the Head of Investor Relations. And then we have Matt Mercier to my immediate left, the Chie ...

Shares of Digital Realty (DLR) have soared 17.6% in the year-to-date period compared with the industry's growth of 9.9%. The rising demand for high-performing data centers amid enterprises' growing reliance on technology and acceleration in digital transformation strategies has been one of the key forces driving the performance of data center real estate investment trusts (REITs) like Digital Realty. A solid tenant base assures stable revenues. It also carries out various development and redevelopment activ ...

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Digital Realty Trust, Inc. (NYSE:DLR) Bank of America 2024 Global Real Estate Conference September 11, 2024 3:45 PM ET Company Participants Andrew Power - President & CEO Jordan Sadler - IR Conference Call Participants David Barden - Bank of America David Barden So welcome, everyone. Thank you for joining us this afternoon. I'm Dave Barton. I head up, U.S. and Canada Telecom and Communications Infrastructure Research for Bank of America. Thank you for joining us. I'm really, really pleased to have with me, ...