TD Asset Management Inc Buys 3,002 Shares of Digital Realty Trust, Inc. $DLR

TD Asset Management Inc grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 156,781 shares of the real estate investment trust’s stock after purchasing an additional 3,002 shares during the period. TD Asset Management Inc’s holdings in Digital Realty Trust were worth $24,256,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Digital Realty Trust by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock valued at $8,394,620,000 after buying an additional 854,828 shares during the period. Norges Bank acquired a new position in Digital Realty Trust during the 4th quarter worth approximately $3,402,995,000. Geode Capital Management LLC boosted its holdings in Digital Realty Trust by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 9,234,073 shares of the real estate investment trust’s stock worth $1,423,373,000 after acquiring an additional 197,180 shares in the last quarter. Bank of America Corp DE boosted its holdings in Digital Realty Trust by 6.6% in the third quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust’s stock worth $1,543,914,000 after acquiring an additional 553,907 shares in the last quarter. Finally, APG Asset Management US Inc. grew its stake in Digital Realty Trust by 0.3% in the third quarter. APG Asset Management US Inc. now owns 8,638,801 shares of the real estate investment trust’s stock valued at $1,481,122,000 after acquiring an additional 23,430 shares during the period. Institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company upped their target price on Digital Realty Trust from $195.00 to $220.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. HSBC downgraded shares of Digital Realty Trust from a “buy” rating to a “hold” rating and lifted their price target for the company from $193.00 to $210.00 in a research report on Monday, April 27th. Raymond James Financial upped their price objective on shares of Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a report on Friday, April 24th. Stifel Nicolaus raised their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Sanford C. Bernstein lifted their price objective on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a report on Friday, April 24th. One equities research 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 company. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus price target of $215.89.

Digital Realty Trust Stock Performance

NYSE DLR opened at $187.06 on Monday. The company has a fifty day moving average price of $190.95 and a 200-day moving average price of $174.49. The firm has a market cap of $65.73 billion, a price-to-earnings ratio of 49.36, a PEG ratio of 5.08 and a beta of 1.03. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the firm earned $1.77 earnings per share. The firm’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, equities research analysts predict that Digital Realty Trust, Inc. will post 8.05 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 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.