M&T Bank Corp Has $17.40 Million Stock Holdings in Digital Realty Trust, Inc. $DLR

Key Points

• M&T Bank increased its stake in Digital Realty by 36.9% in Q4, buying 30,309 shares to hold 112,476 shares worth about $17.40 million.
• Digital Realty's Q earnings beat/matched expectations with $0.46 EPS and $1.64B revenue (up 16.2% YoY), and the company guided FY2026 EPS to 7.95–8.05 while analysts' average price target is $213.86 with many Buy/Strong Buy ratings.
• The REIT pays a $1.22 quarterly dividend (annualized $4.88, ~2.5% yield) but has a high payout ratio of 128.76%; the stock trades at a market cap of $69.27B and a P/E of 52.38.

M&T Bank Corp increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 36.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,476 shares of the real estate investment trust's stock after buying an additional 30,309 shares during the quarter. M&T Bank Corp's holdings in Digital Realty Trust were worth $17,402,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of DLR. Pinnacle Bancorp Inc. purchased a new stake in shares of Digital Realty Trust in the third quarter worth approximately $25,000. Salomon & Ludwin LLC acquired a new position in Digital Realty Trust in the 3rd quarter valued at approximately $28,000. Sunbelt Securities Inc. increased its stake in Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust's stock valued at $28,000 after buying an additional 125 shares during the period. First Horizon Corp purchased a new stake in Digital Realty Trust in the 3rd quarter worth approximately $31,000. Finally, Harvest Fund Management Co. Ltd lifted its position in Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust's stock worth $31,000 after buying an additional 165 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Down 1.1%

Digital Realty Trust stock opened at $198.51 on Tuesday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The firm's fifty day simple moving average is $184.67 and its 200-day simple moving average is $170.85. The company has a market capitalization of $69.27 billion, a P/E ratio of 52.38, a P/E/G ratio of 5.46 and a beta of 1.06.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The firm had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.63 billion. During the same period in the prior year, the company posted $1.77 earnings per share. Digital Realty Trust's revenue for the quarter was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. Digital Realty Trust's dividend payout ratio is currently 128.76%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on DLR shares. Evercore upped their price target on shares of Digital Realty Trust from $200.00 to $230.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 21st. Raymond James Financial lifted their price objective on Digital Realty Trust from $210.00 to $235.00 and gave the company a "strong-buy" rating in a research report on Friday, April 24th. Mizuho boosted their target price on Digital Realty Trust from $180.00 to $217.00 and gave the company an "outperform" rating in a research note on Thursday, April 23rd. Truist Financial began coverage on Digital Realty Trust in a research report on Tuesday, March 31st. They issued a "buy" rating and a $207.00 target price on the stock. Finally, Bank of America reaffirmed a "neutral" rating and set a $170.00 price target (down from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat.com, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and an average target price of $213.86.

Digital Realty Trust Company 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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