Bank of Nova Scotia Decreases Stake in Digital Realty Trust, Inc. $DLR

Bank of Nova Scotia lessened its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 25.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,491 shares of the real estate investment trust’s stock after selling 20,217 shares during the period. Bank of Nova Scotia’s holdings in Digital Realty Trust were worth $10,541,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in DLR. Vanguard Group Inc. increased its stake in Digital Realty Trust by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock valued at $8,394,620,000 after purchasing an additional 854,828 shares during the last quarter. Cohen & Steers Inc. increased its stake in Digital Realty Trust by 18.0% in the fourth 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 period. Norges Bank acquired a new position in Digital Realty Trust in the 4th quarter valued at about $3,402,995,000. State Street Corp raised 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 purchasing an additional 231,933 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Digital Realty Trust by 2.2% during the 4th 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 during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 0.2%

Shares of NYSE DLR opened at $198.63 on Monday. 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 1 year low of $146.23 and a 1 year high of $208.14. The stock’s 50-day simple moving average is $184.56 and its 200-day simple moving average is $180.89. The firm has a market cap of $69.80 billion, a price-to-earnings ratio of 96.42, a PEG ratio of 5.27 and a beta of 1.03.

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

Digital Realty Trust Dividend Announcement

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

Digital Realty Trust News Roundup

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.

Wall Street Analyst Weigh In

DLR has been the subject of a number of analyst reports. JPMorgan Chase & Co. increased their target price on Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research note on Friday. Scotiabank upped their price target on shares of Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a report on Monday, April 27th. Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday. Cantor Fitzgerald restated an “overweight” rating and set a $211.00 target price on shares of Digital Realty Trust in a research report on Friday, May 1st. Finally, BNP Paribas Exane lifted their price target on Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $217.38.

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.