Digital Realty Trust, Inc. $DLR Stake Cut by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group trimmed its stake in Digital Realty by 8.2% to 1,291,103 shares (about $199.7M or ~0.38% ownership), while overall institutional ownership remains very high at 99.71%.
• Digital Realty beat quarterly estimates with $1.86 EPS (vs. $1.83 est.) and $1.63B revenue, and set FY2026 guidance of $7.90–$8.00 EPS, signaling continued underlying growth.
• Analysts have been raising targets and ratings (consensus "Moderate Buy" with a ~$196.38 target), and the company plans a near-S$7 billion investment in Singapore to build AI-scale data center capacity.

Sumitomo Mitsui Trust Group Inc. trimmed its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 8.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,291,103 shares of the real estate investment trust's stock after selling 115,356 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.38% of Digital Realty Trust worth $199,747,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Digital Realty Trust by 1.0% during the third quarter. Vanguard Group Inc. now owns 53,405,531 shares of the real estate investment trust's stock valued at $9,232,748,000 after purchasing an additional 512,974 shares during the period. Bank of America Corp DE grew its holdings in Digital Realty Trust by 6.6% during the third quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust's stock worth $1,543,914,000 after acquiring an additional 553,907 shares during the period. APG Asset Management US Inc. grew its holdings in Digital Realty Trust by 0.3% during the third quarter. APG Asset Management US Inc. now owns 8,638,801 shares of the real estate investment trust's stock worth $1,481,122,000 after acquiring an additional 23,430 shares during the period. Northern Trust Corp raised its holdings in Digital Realty Trust by 9.1% during the 3rd quarter. Northern Trust Corp now owns 5,647,534 shares of the real estate investment trust's stock worth $976,346,000 after buying an additional 471,384 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Digital Realty Trust by 686.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust's stock worth $831,123,000 after buying an additional 4,195,862 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the company. BMO Capital Markets boosted their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the stock an "outperform" rating in a report on Tuesday, February 17th. Stifel Nicolaus reduced their price target on Digital Realty Trust from $210.00 to $200.00 and set a "buy" rating for the company in a report on Friday, February 6th. The Goldman Sachs Group boosted their target price on Digital Realty Trust from $188.00 to $190.00 and gave the stock a "buy" rating in a report on Friday, February 6th. Scotiabank boosted their target price on Digital Realty Trust from $189.00 to $195.00 and gave the stock a "sector outperform" rating in a report on Tuesday, April 7th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Digital Realty Trust in a report on Monday, January 5th. They issued a "buy" rating and a $180.00 target price for the company. Four analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and a consensus target price of $196.38.

Digital Realty Trust Stock Down 0.1%

Shares of DLR stock opened at $188.70 on Monday. Digital Realty Trust, Inc. has a 12 month low of $139.58 and a 12 month high of $190.08. The firm has a market cap of $64.84 billion, a PE ratio of 52.42, a price-to-earnings-growth ratio of 4.18 and a beta of 1.07. The stock has a 50 day moving average of $177.66 and a 200-day moving average of $168.34. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly 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. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the previous year, the company earned $1.73 earnings per share. The company's quarterly 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. On average, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were given a dividend of $1.22 per share. The ex-dividend date was Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. Digital Realty Trust's payout ratio is currently 135.56%.

Digital Realty Trust News Roundup

Here are the key news stories impacting Digital Realty Trust this week:

• Positive Sentiment: Cantor Fitzgerald initiated coverage at Overweight with a $211 price target, giving institutional validation and fresh buy-side momentum. Cantor Fitzgerald initiates coverage of Digital Realty Trust (DLR) with overweight recommendation
• Positive Sentiment: Analyst upgrades and raised price targets have pushed DLR to a new 12‑month high, reinforcing momentum and signaling higher analyst conviction around growth and AI exposure. Digital Realty Trust NYSE: DLR Sets New 12-Month High Following Analyst Upgrade
• Positive Sentiment: Digital Realty announced plans to invest nearly S$7 billion (more than S$4.3B for new data centers) in Singapore to build AI inference and production‑scale capacity — a strategic move to capture Asia‑Pacific AI demand that should support long‑term revenue growth, albeit with higher near‑term capex. Digital Realty Targets Nearly S$7 Billion Investment to Strengthen Singapore as Asia Pacific AI Hub
• Neutral Sentiment: Market coverage notes the stock has risen but still lags broader market performance, highlighting that while headlines are positive, broader market trends and valuation (DLR's elevated P/E) remain relevant to near‑term moves. Digital Realty Trust Inc. stock rises Wednesday, still underperforms market

About Digital Realty Trust

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.

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