Digital Realty Trust (NYSE:DLR) Price Target Cut to $195.00 by Analysts at Raymond James Financial

Digital Realty Trust (NYSE:DLR) had its price objective decreased by Raymond James Financial from $205.00 to $195.00 in a report released on Wednesday,MarketScreener reports. The firm presently has a “strong-buy” rating on the real estate investment trust’s stock. Raymond James Financial’s price target indicates a potential upside of 13.32% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. Weiss Ratings cut shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, January 23rd. Stifel Nicolaus reduced their target price on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Wall Street Zen downgraded Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 8th. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday, January 29th. Finally, Scotiabank cut their target price on shares of Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating for the company in a report on Wednesday, January 14th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $191.70.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $172.09 on Wednesday. The stock has a 50-day moving average price of $159.20 and a 200 day moving average price of $165.43. The stock has a market capitalization of $59.11 billion, a P/E ratio of 47.98, a P/E/G ratio of 3.81 and a beta of 1.12. Digital Realty Trust has a 12-month low of $129.95 and a 12-month high of $182.48. The company has a current ratio of 1.59, a quick ratio of 2.02 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 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.03. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same period in the previous year, the firm earned $1.73 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities research analysts forecast that Digital Realty Trust will post 7.07 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.17% of the company’s stock.

Institutional Investors Weigh In On Digital Realty Trust

Several hedge funds and other institutional investors have recently modified their holdings of DLR. Riverbend Wealth Management LLC raised its stake in shares of Digital Realty Trust by 3.0% in the 2nd quarter. Riverbend Wealth Management LLC now owns 2,043 shares of the real estate investment trust’s stock valued at $356,000 after purchasing an additional 60 shares in the last quarter. Security National Bank of Sioux City Iowa IA increased its holdings in Digital Realty Trust by 0.4% in the third quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock valued at $2,478,000 after buying an additional 60 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its stake in 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 buying an additional 61 shares in the last quarter. PDS Planning Inc lifted its holdings in Digital Realty Trust by 3.6% during the 4th quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock worth $276,000 after buying an additional 62 shares during the last quarter. Finally, Clarius Group LLC grew its position in shares of Digital Realty Trust by 3.2% in the 4th 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 in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

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.