Digital Realty Trust (NYSE:DLR) Stock Rating Upgraded by Sanford C. Bernstein

Digital Realty Trust (NYSE:DLR) was upgraded by Sanford C. Bernstein to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

DLR has been the topic of several other reports. Jefferies Financial Group increased their price target on Digital Realty Trust from $184.00 to $189.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Moffett Nathanson raised their target price on Digital Realty Trust from $166.00 to $172.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. TD Cowen reissued a “hold” rating on shares of Digital Realty Trust in a report on Friday, February 6th. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Finally, BMO Capital Markets lifted their target price on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $193.36.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR traded down $0.96 during trading on Wednesday, hitting $178.79. The stock had a trading volume of 526,627 shares, compared to its average volume of 2,066,090. The stock has a 50-day simple moving average of $166.85 and a two-hundred day simple moving average of $166.31. The stock has a market capitalization of $61.43 billion, a price-to-earnings ratio of 49.66, a price-to-earnings-growth ratio of 4.04 and a beta of 1.12. Digital Realty Trust has a 12-month low of $129.95 and a 12-month high of $184.79. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81.

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

Hedge Funds Weigh In On Digital Realty Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DLR. South Plains Financial Inc. raised its position in shares of Digital Realty Trust by 25.7% during the 4th quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 56 shares during the last quarter. Security National Bank of Sioux City Iowa IA increased its stake in Digital Realty Trust by 0.4% during the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock worth $2,478,000 after buying an additional 60 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of Digital Realty Trust by 2.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock valued at $372,000 after acquiring an additional 61 shares during the last quarter. PDS Planning Inc lifted its position in shares of Digital Realty Trust by 3.6% in the fourth quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock valued at $276,000 after acquiring an additional 62 shares in the last quarter. Finally, Clarius Group LLC boosted its stake in shares of Digital Realty Trust by 3.2% in the fourth quarter. Clarius Group LLC now owns 2,024 shares of the real estate investment trust’s stock worth $313,000 after acquiring an additional 63 shares during the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

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.