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

Mackenzie Financial Corp increased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 519.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 212,502 shares of the real estate investment trust’s stock after acquiring an additional 178,213 shares during the quarter. Mackenzie Financial Corp’s holdings in Digital Realty Trust were worth $36,737,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of DLR. Pinnacle Bancorp Inc. bought a new stake in Digital Realty Trust in the third quarter valued at $25,000. South Plains Financial Inc. boosted its position in shares of Digital Realty Trust by 280.5% during the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 115 shares in the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of Digital Realty Trust in the 3rd quarter valued at about $28,000. Tobam bought a new stake in Digital Realty Trust in the 2nd quarter valued at about $28,000. Finally, First Horizon Corp bought a new stake in Digital Realty Trust in the 3rd quarter valued at about $31,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Stock Performance

Shares of DLR opened at $180.21 on Friday. The firm has a market capitalization of $61.92 billion, a P/E ratio of 50.06, a P/E/G ratio of 4.00 and a beta of 1.12. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $184.79. The stock has a 50 day moving average price of $169.26 and a two-hundred day moving average price of $166.79. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.03. The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The company’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the company earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a dividend of $1.22 per share. The ex-dividend date 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 135.56%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Mizuho cut their price target on Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. HSBC set a $193.00 price objective on Digital Realty Trust and gave the company a “buy” rating in a report on Thursday, January 15th. The Goldman Sachs Group lifted their price target on shares of Digital Realty Trust from $188.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, February 6th. KeyCorp restated a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Finally, Scotiabank lowered their price objective on shares of Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating on the stock in a report on Wednesday, January 14th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $193.96.

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.