Brown Lisle Cummings Inc. Purchases 25,348 Shares of Digital Realty Trust, Inc. $DLR

Key Points

• Brown Lisle Cummings Inc. significantly increased its Digital Realty Trust position, purchasing 25,348 additional shares in the third quarter for a total of 25,353 shares valued at approximately $4.45 million.
• Institutional investors own 99.71% of Digital Realty Trust, while analysts maintain a “Moderate Buy” consensus with an average price target of $219.69.
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year, but missed EPS expectations; it also pays a $1.22 quarterly dividend, equivalent to a 2.8% annual yield.

Brown Lisle Cummings Inc. increased its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 506,960.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,353 shares of the real estate investment trust's stock after purchasing an additional 25,348 shares during the quarter. Digital Realty Trust makes up 1.0% of Brown Lisle Cummings Inc.'s portfolio, making the stock its 24th largest holding. Brown Lisle Cummings Inc.'s holdings in Digital Realty Trust were worth $4,450,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of DLR. BlackRock Inc. bought a new stake in Digital Realty Trust in the 2nd quarter valued at $7,277,032,000. Bank of America Corp DE raised its stake in shares of Digital Realty Trust by 6.0% in the 1st quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust's stock valued at $1,706,714,000 after buying an additional 534,158 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Digital Realty Trust during the 2nd quarter worth about $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Digital Realty Trust by 17,256.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust's stock worth $878,325,000 after acquiring an additional 4,862,814 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Digital Realty Trust by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,850,416 shares of the real estate investment trust's stock worth $874,046,000 after acquiring an additional 35,850 shares during the period. Institutional investors and hedge funds own 99.71% of the company's stock.

Analyst Upgrades and Downgrades

DLR has been the topic of several recent research reports. Royal Bank Of Canada lifted their target price on shares of Digital Realty Trust from $207.00 to $227.00 and gave the company an "outperform" rating in a research report on Monday, July 27th. Rothschild & Co Redburn initiated coverage on shares of Digital Realty Trust in a research report on Monday, September 21st. They issued a "buy" rating and a $227.00 price target for the company. Evercore restated an "outperform" rating and set a $240.00 price target on shares of Digital Realty Trust in a research note on Tuesday, August 18th. Cantor Fitzgerald lifted their price objective on Digital Realty Trust from $211.00 to $221.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Finally, KeyCorp reaffirmed 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 given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $219.69.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $176.08 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a fifty day moving average price of $185.05 and a two-hundred day moving average price of $187.15. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The firm has a market capitalization of $65.33 billion, a P/E ratio of 85.48, a P/E/G ratio of 3.37 and a beta of 0.99.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the business posted $1.87 earnings per share. The firm's revenue was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, analysts anticipate that Digital Realty Trust, Inc. will post 8.40 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $1.22 per share. The ex-dividend date 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 (DPR) is 236.89%.

Insider Transactions at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of Digital Realty Trust stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the transaction, the director directly owned 6,322 shares of the company's stock, valued at $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.15% of the stock is owned by corporate insiders.

Digital Realty Trust Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data center facilities for businesses, cloud service providers, information technology companies and telecommunications organizations. The company provides the physical infrastructure needed to support data storage, networking, cloud computing and other digital operations.

Its services include data center colocation, interconnection and private connectivity solutions. Digital Realty also offers access to cloud and network providers through its PlatformDIGITAL platform, which is designed to help customers deploy, connect and manage their digital infrastructure across multiple locations.

Founded in 2001, Digital Realty serves customers through a global portfolio of data centers and related facilities across North America, Europe, Asia-Pacific and Latin America.

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