Digital Realty Trust (NYSE:DLR) Price Target Raised to $227.00

Digital Realty Trust (NYSE:DLR) had its price objective upped by equities researchers at Royal Bank Of Canada from $207.00 to $227.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the real estate investment trust’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 14.57% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Sanford C. Bernstein boosted their price objective on shares of Digital Realty Trust from $218.00 to $232.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Cantor Fitzgerald reissued an “overweight” rating and issued a $211.00 target price on shares of Digital Realty Trust in a research note on Friday, May 1st. Citizens Jmp raised their price target on shares of Digital Realty Trust from $220.00 to $250.00 and gave the stock a “market outperform” rating in a research note on Monday, April 27th. Barclays lifted their price target on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 1st. Finally, Guggenheim upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $217.70.

Digital Realty Trust Price Performance

NYSE DLR traded down $0.94 during mid-day trading on Monday, hitting $198.14. The stock had a trading volume of 231,521 shares, compared to its average volume of 2,428,247. The company has a 50 day simple moving average of $184.56 and a 200 day simple moving average of $180.89. The company has a market cap of $69.63 billion, a price-to-earnings ratio of 96.18, a P/E/G ratio of 5.27 and a beta of 1.03. Digital Realty Trust has a 52-week low of $146.23 and a 52-week high of $208.14. The company has a quick ratio of 1.59, a current ratio of 0.87 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR) last posted its 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). The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts forecast that Digital Realty Trust will post 8.26 EPS for the current fiscal year.

Hedge Funds Weigh In On Digital Realty Trust

Hedge funds have recently made changes to their positions in the stock. Sunbelt Securities Inc. increased its holdings in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 125 shares during the last quarter. Bell Investment Advisors Inc boosted its holdings in Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 62 shares during the last quarter. Harvest Fund Management Co. Ltd grew its position in 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 valued at $31,000 after acquiring an additional 165 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Digital Realty Trust during the third quarter worth about $34,000. Finally, MCF Advisors LLC purchased a new position in shares of Digital Realty Trust in the 4th quarter worth about $35,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

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.