19,516 Shares in Digital Realty Trust, Inc. $DLR Acquired by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,516 shares of the real estate investment trust’s stock, valued at approximately $3,505,000.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Digital Realty Trust by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after buying an additional 854,828 shares during the last quarter. Cohen & Steers Inc. boosted its stake in shares of Digital Realty Trust by 18.0% during the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after acquiring an additional 4,276,073 shares in the last quarter. Norges Bank bought a new stake in shares of Digital Realty Trust during the 4th quarter worth $3,402,995,000. State Street Corp grew its holdings in shares of Digital Realty Trust by 1.1% in the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock worth $3,219,256,000 after acquiring an additional 231,933 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Digital Realty Trust by 6.0% during the first quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust’s stock worth $1,706,714,000 after purchasing an additional 534,158 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Price Performance

DLR opened at $194.26 on Wednesday. The firm has a market capitalization of $71.88 billion, a P/E ratio of 94.30, a PEG ratio of 5.43 and a beta of 1.03. The stock has a fifty day moving average of $184.71 and a 200-day moving average of $182.61. The company has a quick ratio of 1.59, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts forecast that Digital Realty Trust, Inc. will post 8.39 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $1.22 per share. The ex-dividend date was Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 236.89%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on DLR. Stifel Nicolaus upped their target price on Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a report on Friday, April 24th. Cantor Fitzgerald lifted their price target on Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a report on Wednesday, July 15th. Barclays upped their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $229.00 target price on shares of Digital Realty Trust in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average price target of $218.17.

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.