Cibc World Market Inc. Purchases 21,891 Shares of Digital Realty Trust, Inc. $DLR

Cibc World Market Inc. lifted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 16.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 156,592 shares of the real estate investment trust’s stock after acquiring an additional 21,891 shares during the period. Cibc World Market Inc.’s holdings in Digital Realty Trust were worth $27,072,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in DLR. Vanguard Group Inc. lifted its position in Digital Realty Trust by 1.0% during the second quarter. Vanguard Group Inc. now owns 52,892,557 shares of the real estate investment trust’s stock valued at $9,220,759,000 after buying an additional 513,697 shares during the period. Norges Bank purchased a new stake in shares of Digital Realty Trust in the 2nd quarter worth about $3,808,270,000. State Street Corp increased its stake in shares of Digital Realty Trust by 1.9% in the 2nd quarter. State Street Corp now owns 20,405,760 shares of the real estate investment trust’s stock worth $3,557,336,000 after acquiring an additional 376,699 shares in the last quarter. Geode Capital Management LLC lifted its position in Digital Realty Trust by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 8,850,818 shares of the real estate investment trust’s stock valued at $1,536,795,000 after acquiring an additional 196,579 shares during the period. Finally, Canada Pension Plan Investment Board boosted its stake in Digital Realty Trust by 3.0% during the second quarter. Canada Pension Plan Investment Board now owns 7,356,429 shares of the real estate investment trust’s stock worth $1,282,446,000 after acquiring an additional 211,692 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on DLR. Morgan Stanley started coverage on shares of Digital Realty Trust in a report on Thursday, October 16th. They set an “equal weight” rating and a $195.00 target price for the company. Weiss Ratings lowered Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, January 23rd. UBS Group set a $189.00 target price on Digital Realty Trust in a report on Wednesday, January 14th. TD Cowen restated a “hold” rating on shares of Digital Realty Trust in a report on Friday, February 6th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Digital Realty Trust in a research note on Monday, January 5th. They issued a “buy” rating and a $180.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $191.70.

Insider Activity at Digital Realty Trust

In other news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.13% of the stock is owned by insiders.

Digital Realty Trust Trading Up 1.1%

NYSE:DLR opened at $174.46 on Thursday. The company has a market cap of $59.93 billion, a PE ratio of 48.46, a price-to-earnings-growth ratio of 3.82 and a beta of 1.12. The company has a current ratio of 1.59, a quick ratio of 2.02 and a debt-to-equity ratio of 0.81. The company has a 50 day simple moving average of $159.49 and a two-hundred day simple moving average of $165.50. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $182.48.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.03. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same period in the prior year, the firm earned $1.73 EPS. The company’s revenue was up 13.8% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

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.