Canada Pension Plan Investment Board Buys Shares of 6,560,278 Digital Realty Trust, Inc. $DLR

Canada Pension Plan Investment Board purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,560,278 shares of the real estate investment trust’s stock, valued at approximately $1,178,095,000. Digital Realty Trust makes up 0.7% of Canada Pension Plan Investment Board’s holdings, making the stock its 27th biggest position. Canada Pension Plan Investment Board owned 1.77% of Digital Realty Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. purchased a new position in Digital Realty Trust during the 2nd quarter valued at about $7,277,032,000. Cohen & Steers Inc. increased its position in Digital Realty Trust by 18.0% during the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after purchasing an additional 4,276,073 shares in the last quarter. Norges Bank purchased a new stake in Digital Realty Trust during the 4th quarter worth about $3,402,995,000. State Street Corp raised its stake in Digital Realty Trust by 1.1% in the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock valued at $3,219,256,000 after purchasing an additional 231,933 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Digital Realty Trust by 6.0% in the 1st quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust’s stock valued at $1,706,714,000 after purchasing an additional 534,158 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Up 1.9%

Shares of DLR stock opened at $192.20 on Wednesday. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The firm’s 50-day simple moving average is $187.01 and its 200-day simple moving average is $185.90. The firm has a market cap of $71.30 billion, a P/E ratio of 93.30, a PEG ratio of 5.34 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06.

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 company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same period last year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current 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 issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis 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%.

Analyst Ratings Changes

Several equities research analysts have issued reports on DLR shares. JPMorgan Chase & Co. raised their price target on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Truist Financial reduced their price objective on shares of Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Cantor Fitzgerald raised their target price on shares of Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. 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. Finally, BTIG Research started coverage on Digital Realty Trust in a research note on Friday, July 10th. They set a “buy” rating and a $215.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.