CIBC Bancorp USA Inc. Invests $22.31 Million in Digital Realty Trust, Inc. $DLR

CIBC Bancorp USA Inc. acquired a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 129,068 shares of the real estate investment trust’s stock, valued at approximately $22,313,000.

Other large investors also recently added to or reduced their stakes in the company. Bison Wealth LLC increased its position in shares of Digital Realty Trust by 17.2% during the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after acquiring an additional 390 shares during the period. Empowered Funds LLC grew its stake in Digital Realty Trust by 9.4% in the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after purchasing an additional 584 shares in the last quarter. Cetera Investment Advisers increased its holdings in Digital Realty Trust by 12.7% during the 2nd quarter. Cetera Investment Advisers now owns 39,717 shares of the real estate investment trust’s stock worth $6,924,000 after purchasing an additional 4,466 shares during the period. Thoroughbred Financial Services LLC bought a new stake in Digital Realty Trust during the 2nd quarter valued at $208,000. Finally, Avantax Advisory Services Inc. lifted its holdings in shares of Digital Realty Trust by 4.1% in the 2nd quarter. Avantax Advisory Services Inc. now owns 27,910 shares of the real estate investment trust’s stock worth $4,866,000 after buying an additional 1,108 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Price Performance

Shares of DLR stock opened at $178.86 on Thursday. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $184.79. The stock’s 50-day moving average is $171.22 and its 200 day moving average is $167.12. The company has a market cap of $61.46 billion, a P/E ratio of 49.68, a PEG ratio of 3.99 and a beta of 1.12. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59.

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

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s payout ratio is 135.56%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. TD Cowen restated a “hold” rating on shares of Digital Realty Trust in a research note on Friday, February 6th. Scotiabank dropped their target price on shares of Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating on the stock in a report on Wednesday, January 14th. Jefferies Financial Group raised their target price on shares of Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft began coverage on shares of Digital Realty Trust in a report on Monday, January 5th. They issued a “buy” rating and a $180.00 price target for the company. Finally, BMO Capital Markets increased their price objective on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $194.68.

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.