Digital Realty Trust Inc. (NYSE:DLR) shares were down 2.2% on Friday . The stock traded as low as $100.72 and last traded at $100.77, with a volume of 568,688 shares trading hands. The stock had previously closed at $103.07.

Several research analysts recently weighed in on DLR shares. Jefferies Group reaffirmed a “buy” rating and set a $106.00 target price on shares of Digital Realty Trust in a research note on Friday, April 29th. Zacks Investment Research raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $102.00 target price for the company in a research note on Wednesday, May 4th. Royal Bank Of Canada decreased their target price on Digital Realty Trust from $105.00 to $89.00 and set an “outperform” rating for the company in a research note on Friday, May 13th. Deutsche Bank AG reaffirmed a “buy” rating and set a $102.00 target price on shares of Digital Realty Trust in a research note on Wednesday, May 18th. Finally, Wells Fargo & Co. started coverage on Digital Realty Trust in a research note on Tuesday, May 31st. They set an “outperform” rating for the company. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company. Digital Realty Trust presently has an average rating of “Hold” and an average price target of $97.24.

The firm has a 50 day moving average price of $106.10 and a 200-day moving average price of $92.21. The stock has a market capitalization of $14.83 billion and a P/E ratio of 224.33.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, July 28th. The real estate investment trust reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.04. The company earned $514.90 million during the quarter, compared to the consensus estimate of $507.72 million. The company’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.30 EPS. On average, analysts anticipate that Digital Realty Trust Inc. will post $5.64 earnings per share for the current fiscal year.

A number of large investors recently added to or reduced their stakes in DLR. GSA Capital Partners LLP increased its stake in Digital Realty Trust by 99.1% in the fourth quarter. GSA Capital Partners LLP now owns 17,116 shares of the real estate investment trust’s stock worth $1,294,000 after buying an additional 8,519 shares in the last quarter. Bank of Montreal Can increased its stake in Digital Realty Trust by 1.2% in the fourth quarter. Bank of Montreal Can now owns 41,101 shares of the real estate investment trust’s stock worth $3,107,000 after buying an additional 468 shares in the last quarter. Principal Financial Group Inc. increased its stake in Digital Realty Trust by 10.7% in the fourth quarter. Principal Financial Group Inc. now owns 500,661 shares of the real estate investment trust’s stock worth $37,860,000 after buying an additional 48,502 shares in the last quarter. Andra AP fonden increased its stake in Digital Realty Trust by 27.7% in the fourth quarter. Andra AP fonden now owns 29,500 shares of the real estate investment trust’s stock worth $2,231,000 after buying an additional 6,400 shares in the last quarter. Finally, US Bancorp DE increased its stake in Digital Realty Trust by 17.0% in the fourth quarter. US Bancorp DE now owns 16,809 shares of the real estate investment trust’s stock worth $1,270,000 after buying an additional 2,445 shares in the last quarter.

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company owns, acquires, develops and manages technology-related real estate. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

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