M&T Bank Corp Sells 77,551 Shares of Digital Realty Trust, Inc. $DLR

Key Points

• M&T Bank Corp cut its stake in Digital Realty by 94.4%, selling 77,551 shares in Q4 and leaving 4,616 shares valued at about $714,000.
• Digital Realty reported quarterly EPS of $0.46 (in line) and revenue of $1.64 billion, up 16.2% year‑over‑year, and set FY2026 guidance at 7.95–8.05 EPS (analysts expect 8.05).
• The stock trades near $200.84 with a market cap of about $70.1 billion and a P/E of 52.99; it pays a $1.22 quarterly dividend ($4.88 annual, ~2.4% yield) but carries a high payout ratio of 128.8% and a consensus target of $213.86 (Moderate Buy).

M&T Bank Corp lessened its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 94.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,616 shares of the real estate investment trust's stock after selling 77,551 shares during the period. M&T Bank Corp's holdings in Digital Realty Trust were worth $714,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Pinnacle Bancorp Inc. bought a new stake in shares of Digital Realty Trust during the third quarter worth about $25,000. Salomon & Ludwin LLC bought a new stake in shares of Digital Realty Trust during the third quarter worth about $28,000. Sunbelt Securities Inc. grew its holdings in shares of Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust's stock worth $28,000 after purchasing an additional 125 shares during the last quarter. First Horizon Corp bought a new stake in shares of Digital Realty Trust during the third quarter worth about $31,000. Finally, Harvest Fund Management Co. Ltd grew its holdings in shares of Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 165 shares during the last quarter. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $200.84 on Friday. The stock's 50 day moving average is $184.67 and its 200 day moving average is $170.86. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. The firm has a market cap of $70.08 billion, a P/E ratio of 52.99, a P/E/G ratio of 5.46 and a beta of 1.06. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14.

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

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, March 13th. Digital Realty Trust's payout ratio is currently 128.76%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DLR. Deutsche Bank Aktiengesellschaft began coverage on Digital Realty Trust in a report on Monday, January 5th. They set a "buy" rating and a $180.00 price target on the stock. Scotiabank boosted their price target on Digital Realty Trust from $195.00 to $222.00 and gave the stock an "outperform" rating in a report on Monday. TD Cowen boosted their price target on Digital Realty Trust from $185.00 to $192.00 and gave the stock a "hold" rating in a report on Friday, April 24th. Morgan Stanley boosted their price target on Digital Realty Trust from $210.00 to $215.00 and gave the stock an "equal weight" rating in a report on Friday, April 24th. Finally, Wells Fargo & Company boosted their price target on Digital Realty Trust from $195.00 to $220.00 and gave the stock an "overweight" rating in a report on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $213.86.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.