Mackenzie Financial Corp Purchases 178,213 Shares of Digital Realty Trust, Inc. $DLR

Key Points

• Mackenzie Financial boosted its stake in Digital Realty by 519.7%, buying 178,213 shares to hold 212,502 shares worth about $36.74 million (0.06% of the company), and institutional investors now own roughly 99.71% of the stock.
• Analysts have a consensus rating of Moderate Buy with a $193.96 target; Digital Realty recently beat quarterly EPS and revenue estimates and set FY2026 guidance of 7.90–8.00 EPS (analysts expect ~7.07 EPS).
• The company pays a quarterly dividend of $1.22 (annualized $4.88, 2.7% yield) but has a high payout ratio (135.56%); market metrics include a market cap of $61.92 billion and a P/E of 50.06.

Mackenzie Financial Corp increased its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 519.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 212,502 shares of the real estate investment trust's stock after buying an additional 178,213 shares during the quarter. Mackenzie Financial Corp owned 0.06% of Digital Realty Trust worth $36,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank acquired a new position in Digital Realty Trust in the 2nd quarter valued at approximately $3,808,270,000. Prudential Financial Inc. lifted its holdings in shares of Digital Realty Trust by 87.0% during the second quarter. Prudential Financial Inc. now owns 1,456,585 shares of the real estate investment trust's stock worth $253,926,000 after purchasing an additional 677,483 shares during the period. Resolution Capital Ltd grew its stake in shares of Digital Realty Trust by 25.2% in the second quarter. Resolution Capital Ltd now owns 2,967,618 shares of the real estate investment trust's stock worth $517,345,000 after purchasing an additional 596,420 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Digital Realty Trust by 1.0% in the second quarter. Vanguard Group Inc. now owns 52,892,557 shares of the real estate investment trust's stock worth $9,220,759,000 after purchasing an additional 513,697 shares during the last quarter. Finally, Barclays PLC increased its holdings in Digital Realty Trust by 90.2% in the third quarter. Barclays PLC now owns 1,047,177 shares of the real estate investment trust's stock valued at $181,036,000 after purchasing an additional 496,534 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DLR. Raymond James Financial reaffirmed a "strong-buy" rating and set a $210.00 target price on shares of Digital Realty Trust in a research report on Thursday. Scotiabank decreased their price target on Digital Realty Trust from $206.00 to $189.00 and set a "sector outperform" rating for the company in a research note on Wednesday, January 14th. Sanford C. Bernstein started coverage on Digital Realty Trust in a research note on Thursday, March 5th. They issued an "outperform" rating and a $218.00 price target for the company. UBS Group set a $189.00 price objective on Digital Realty Trust in a research report on Wednesday, January 14th. Finally, TD Cowen reiterated a "hold" rating on shares of Digital Realty Trust in a report on Friday, February 6th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $193.96.

Digital Realty Trust Price Performance

DLR stock opened at $180.21 on Friday. The firm has a market cap of $61.92 billion, a price-to-earnings ratio of 50.06, a PEG ratio of 4.00 and a beta of 1.12. 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, Inc. has a 12-month low of $129.95 and a 12-month high of $184.79. The company's fifty day simple moving average is $169.26 and its 200 day simple moving average is $166.79.

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 earnings per share 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 firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period last year, the business posted $1.73 EPS. The business's 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, analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, March 13th. This represents a $4.88 annualized dividend and a yield of 2.7%. Digital Realty Trust's dividend payout ratio (DPR) is currently 135.56%.

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.

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