Brokerages Set Digital Realty Trust, Inc. (NYSE:DLR) PT at $219.45

Digital Realty Trust, Inc. (NYSE:DLR) has been given a consensus recommendation of “Moderate Buy” by the thirty-two analysts that are presently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation, twenty-five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $219.4516.

A number of analysts have recently issued reports on DLR shares. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Argus raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price on the stock in a research report on Wednesday, August 5th. Royal Bank Of Canada lifted their price target on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Finally, Cantor Fitzgerald raised their price objective on Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mark R. Patterson sold 200 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the sale, the director directly owned 6,322 shares of the company’s stock, valued at $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.15% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Digital Realty Trust

Institutional investors have recently modified their holdings of the company. California State Teachers Retirement System lifted its position in Digital Realty Trust by 20,892.8% in the 2nd quarter. California State Teachers Retirement System now owns 89,457,597 shares of the real estate investment trust’s stock valued at $16,064,795,000 after purchasing an additional 89,031,462 shares during the last quarter. BlackRock Inc. bought a new position in Digital Realty Trust in the 2nd quarter worth about $7,277,032,000. Norges Bank acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $3,402,995,000. Bank of America Corp DE bought a new stake in shares of Digital Realty Trust during the second quarter valued at approximately $1,605,671,000. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Digital Realty Trust during the second quarter valued at approximately $1,178,095,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE DLR opened at $186.06 on Tuesday. The stock has a market cap of $69.03 billion, a price-to-earnings ratio of 90.32, a price-to-earnings-growth ratio of 5.26 and a beta of 1.03. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The business has a fifty day moving average of $186.97 and a 200-day moving average of $186.44. Digital Realty Trust has a fifty-two week low of $146.23 and a fifty-two week high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the business earned $1.87 earnings per share. Digital Realty Trust’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, analysts predict that Digital Realty Trust will post 8.4 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 Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $1.22 per share. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.6%. Digital Realty Trust’s payout ratio is currently 236.89%.

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.