PNC Financial Services Group Inc. Acquires 4,199 Shares of Digital Realty Trust, Inc. $DLR

PNC Financial Services Group Inc. grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 9.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 47,730 shares of the real estate investment trust’s stock after acquiring an additional 4,199 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Digital Realty Trust were worth $8,601,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in Digital Realty Trust by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after purchasing an additional 854,828 shares in the last quarter. Cohen & Steers Inc. lifted its stake in Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after purchasing an additional 4,276,073 shares during the last quarter. Norges Bank acquired a new stake in Digital Realty Trust in the fourth quarter valued at approximately $3,402,995,000. State Street Corp grew its stake in shares of Digital Realty Trust by 1.1% during the fourth quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock worth $3,219,256,000 after buying an additional 231,933 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Digital Realty Trust by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 9,234,073 shares of the real estate investment trust’s stock worth $1,423,373,000 after buying an additional 197,180 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Key Digital Realty Trust News

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

• Positive Sentiment: Digital Realty reported Q2 results that showed strong leasing activity, a record backlog, and higher renewal rents, which helped the company beat FFO expectations and improve its 2026 outlook.
• Positive Sentiment: The company raised FY 2026 adjusted FFO guidance to $8.15-$8.20 per share and lifted revenue guidance to $6.9 billion-$7.0 billion, signaling confidence in continued cloud and AI-driven demand.
• Positive Sentiment: TD Cowen upgraded Digital Realty Trust to Buy from Hold and raised its price target to $222 from $192, citing stronger data center demand. Article Title
• Positive Sentiment: JPMorgan also raised its price target on DLR to $235 from $230 and reiterated an Overweight rating, implying additional upside from current levels. Article Title
• Neutral Sentiment: Despite the upbeat guidance, the company’s reported EPS of $1.21 came in well below Wall Street expectations, so investors are balancing the earnings miss against the stronger operating trends.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Evercore raised their price objective on Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Stifel Nicolaus increased their target price on Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Wall Street Zen raised Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday. Citizens Jmp boosted their price target on Digital Realty Trust from $220.00 to $250.00 and gave the stock a “market outperform” rating in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Digital Realty Trust from $196.00 to $220.00 and gave the company a “buy” rating in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and an average price target of $217.38.

Digital Realty Trust Trading Down 0.2%

NYSE:DLR opened at $198.63 on Monday. The firm’s fifty day moving average is $184.56 and its 200-day moving average is $180.89. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.59 and a current ratio of 0.87. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The firm has a market cap of $69.80 billion, a P/E ratio of 96.42, a P/E/G ratio of 5.27 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.Digital Realty Trust’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts expect that Digital Realty Trust, Inc. will post 8.26 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $1.22 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.

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.