Cibc World Market Inc. Invests $10.29 Million in Digital Realty Trust, Inc. $DLR

Cibc World Market Inc. purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, HoldingsChannel reports. The institutional investor purchased 57,321 shares of the real estate investment trust’s stock, valued at approximately $10,294,000.

Other hedge funds also recently added to or reduced their stakes in the company. Gables Capital Management Inc. bought a new position in Digital Realty Trust in the 2nd quarter valued at approximately $29,000. Sunbelt Securities Inc. increased its holdings in shares of Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 125 shares in the last quarter. Bell Investment Advisors Inc raised its stake in shares of Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares during the last quarter. Solstein Capital LLC purchased a new position in shares of Digital Realty Trust in the second quarter worth $32,000. Finally, Harvest Fund Management Co. Ltd lifted its holdings in shares of 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 purchasing an additional 165 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DLR has been the subject of several research analyst reports. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. HSBC upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the stock from $210.00 to $240.00 in a research note on Thursday, August 13th. Scotiabank raised their target price on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. Finally, Evercore reaffirmed an “outperform” rating and issued a $240.00 target price on shares of Digital Realty Trust in a research report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Trading Down 1.1%

Digital Realty Trust stock opened at $188.52 on Tuesday. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The company has a market cap of $69.94 billion, a P/E ratio of 91.51, a P/E/G ratio of 5.40 and a beta of 1.03. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The business has a 50-day simple moving average of $186.97 and a two-hundred day simple moving average of $185.72.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing the consensus estimate of $1.98 by ($0.77). The business had revenue of $1.92 billion during 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%.Digital Realty Trust’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter last year, the company earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Analysts predict that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.6%. Digital Realty Trust’s payout ratio is presently 236.89%.

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.