Digital Realty Trust, Inc. (DLR) – What Are Investment Firms Saying About This Stock?

Shares of Digital Realty Trust, Inc. (NYSE:DLR – Get Free Report) have been given an average rating of “Moderate Buy” by the thirty-four brokerages that are covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $219.69.

A number of equities research analysts have commented on DLR shares. Barclays increased their price target on Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 1st. Rothschild & Co Redburn initiated coverage on Digital Realty Trust in a report on Monday, September 21st. They issued a “buy” rating and a $227.00 price target for the company. Royal Bank Of Canada boosted their price target on Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. HSBC dropped their target price on shares of Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. Finally, Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th.

Get Our Latest Research Report on DLR

Insider Buying and Selling at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the company’s 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 transaction, the director directly owned 6,322 shares of the company’s stock, valued at $1,226,215.12. This represents a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.15% of the stock is owned by company insiders.

Institutional Trading of Digital Realty Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pinnacle Associates Ltd. increased its stake in shares of Digital Realty Trust by 3.2% during the third quarter. Pinnacle Associates Ltd. now owns 86,387 shares of the real estate investment trust’s stock worth $15,164,000 after purchasing an additional 2,702 shares in the last quarter. Nisa Investment Advisors LLC raised its position in shares of Digital Realty Trust by 1.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 46,997 shares of the real estate investment trust’s stock worth $8,249,000 after purchasing an additional 654 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Digital Realty Trust by 87.2% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 281,821 shares of the real estate investment trust’s stock worth $49,468,000 after purchasing an additional 131,250 shares during the last quarter. Diversify Advisory Services LLC raised its position in shares of Digital Realty Trust by 4.4% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,667 shares of the real estate investment trust’s stock worth $291,000 after purchasing an additional 70 shares during the last quarter. Finally, Lakeshore Capital Group Inc. lifted its stake in Digital Realty Trust by 8.5% in the 3rd quarter. Lakeshore Capital Group Inc. now owns 4,369 shares of the real estate investment trust’s stock valued at $767,000 after buying an additional 344 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

NYSE DLR opened at $175.48 on Wednesday. The firm’s fifty day simple moving average is $184.39 and its two-hundred day simple moving average is $187.15. The firm has a market capitalization of $65.10 billion, a P/E ratio of 21.84, a P/E/G ratio of 3.31 and a beta of 0.99. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. Digital Realty Trust has a 12-month low of $146.23 and a 12-month high of $208.14.

Digital Realty Trust (NYSE:DLR – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the prior year, the company posted $1.87 EPS. The business’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. Analysts forecast that Digital Realty Trust will post 8.40 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, September 15th. Digital Realty Trust’s payout ratio is presently 236.89%.

About Digital Realty Trust

(Get Free Report)

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data center facilities for businesses, cloud service providers, information technology companies and telecommunications organizations. The company provides the physical infrastructure needed to support data storage, networking, cloud computing and other digital operations.

Its services include data center colocation, interconnection and private connectivity solutions. Digital Realty also offers access to cloud and network providers through its PlatformDIGITAL platform, which is designed to help customers deploy, connect and manage their digital infrastructure across multiple locations.

Founded in 2001, Digital Realty serves customers through a global portfolio of data centers and related facilities across North America, Europe, Asia-Pacific and Latin America.

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Analyst Recommendations for Digital Realty Trust (NYSE:DLR)

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