Digital Realty Trust, Inc. $DLR Stock: TD Waterhouse Canada Inc. Boosts Holdings

TD Waterhouse Canada Inc. raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 10,394.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 802,302 shares of the real estate investment trust’s stock after buying an additional 794,657 shares during the quarter. TD Waterhouse Canada Inc. owned 0.22% of Digital Realty Trust worth $140,828,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in DLR. Gables Capital Management Inc. acquired a new stake in shares of Digital Realty Trust during the second quarter valued at approximately $29,000. Bell Investment Advisors Inc lifted its position in shares of Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 62 shares in the last quarter. First Community Trust NA purchased a new stake in shares of Digital Realty Trust in the 3rd quarter valued at approximately $31,000. Ashurst Perkins Coie Trust Co acquired a new position in Digital Realty Trust in the 3rd quarter worth approximately $31,000. Finally, Solstein Capital LLC purchased a new position in Digital Realty Trust during the 2nd quarter worth approximately $32,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Stock Up 0.9%

DLR traded up $1.61 on Friday, reaching $176.08. 3,483,933 shares of the company traded hands, compared to its average volume of 1,843,424. The stock’s 50 day moving average price is $185.05 and its 200-day moving average price is $187.15. 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 $65.33 billion, a price-to-earnings ratio of 85.48, a PEG ratio of 3.34 and a beta of 0.99. 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 – Get Free Report) last released 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 company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, sell-side analysts expect that Digital Realty Trust, Inc. will post 8.40 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a $1.22 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio is 236.89%.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the sale, the director directly owned 6,322 shares in the company, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DLR. Wall Street Zen raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Wells Fargo & Company upgraded Digital Realty Trust from an “overweight” rating to a “buy” rating in a report on Wednesday, August 5th. Royal Bank Of Canada raised their target price on Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. BTIG Research lifted their price target on Digital Realty Trust from $215.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, September 10th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $219.69.

Get Our Latest Report on Digital Realty Trust

Digital Realty Trust Profile

(Free Report)

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers and related digital infrastructure. The company provides facilities and technology environments that support the computing, storage, networking and connectivity needs of enterprises, cloud service providers, telecommunications companies and other organizations.

Through its PlatformDIGITAL platform, Digital Realty offers data center colocation, interconnection and hyperscale data center solutions.

See Also

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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