Cibc World Market Inc. Has $28.33 Million Position in Digital Realty Trust, Inc. $DLR

Cibc World Market Inc. lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 16.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 183,089 shares of the real estate investment trust’s stock after buying an additional 26,497 shares during the quarter. Cibc World Market Inc.’s holdings in Digital Realty Trust were worth $28,326,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its stake in 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 last quarter. Norges Bank bought a new stake in shares of Digital Realty Trust during the fourth quarter worth approximately $3,402,995,000. Geode Capital Management LLC boosted its holdings in shares of Digital Realty Trust by 2.2% during 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 during the period. Bank of America Corp DE grew its position in shares of 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 valued at $1,543,914,000 after purchasing an additional 553,907 shares during the last quarter. Finally, APG Asset Management US Inc. increased its stake in shares of Digital Realty Trust by 0.3% during the third quarter. APG Asset Management US Inc. now owns 8,638,801 shares of the real estate investment trust’s stock worth $1,481,122,000 after purchasing an additional 23,430 shares during the period. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

DLR has been the subject of several research reports. Jefferies Financial Group lifted their price target on Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Scotiabank increased their price objective on Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research report on Monday, April 27th. Wells Fargo & Company lifted their target price on Digital Realty Trust from $195.00 to $220.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. UBS Group upped their price target on shares of Digital Realty Trust from $225.00 to $227.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Wolfe Research raised their price target on shares of Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $215.89.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $188.94 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The stock has a market capitalization of $66.40 billion, a P/E ratio of 49.85, a price-to-earnings-growth ratio of 4.99 and a beta of 1.02. The stock has a fifty day moving average of $190.74 and a 200-day moving average of $174.29.

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

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.88 annualized dividend and a yield of 2.6%. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

Digital Realty Trust Company 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.