Digital Realty Trust (NYSE:DLR) Upgraded to “Strong-Buy” at Rothschild & Co Redburn

Rothschild & Co Redburn upgraded shares of Digital Realty Trust (NYSE:DLR) to a strong-buy rating in a report released on Monday morning,Zacks reports.

DLR has been the topic of a number of other reports. JPMorgan Chase & Co. increased their price target on Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Barclays boosted their price objective on Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 1st. Weiss Ratings downgraded shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. BTIG Research raised their price target on shares of Digital Realty Trust from $215.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, September 10th. Finally, Wells Fargo & Company raised Digital Realty Trust from an “overweight” rating to a “buy” rating in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $219.84.

Digital Realty Trust Stock Up 2.6%

DLR opened at $186.80 on Monday. The firm has a market cap of $69.30 billion, a price-to-earnings ratio of 90.68, a PEG ratio of 3.49 and a beta of 1.02. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The firm’s 50-day simple moving average is $187.93 and its 200-day simple moving average is $187.19. Digital Realty Trust has a twelve month low of $146.23 and a twelve month 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 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. Digital Realty Trust’s quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts anticipate that Digital Realty Trust will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. Digital Realty Trust’s dividend payout ratio is 236.89%.

Insiders Place Their Bets

In other news, Director Mark Patterson sold 200 shares of Digital Realty Trust stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction 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 trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.15% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DLR. Gables Capital Management Inc. bought a new stake in shares of Digital Realty Trust in the second quarter worth about $29,000. Bell Investment Advisors Inc lifted its holdings in shares of Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares in the last quarter. Solstein Capital LLC acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at approximately $32,000. Danske Bank A S acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at approximately $39,000. Finally, MCF Advisors LLC bought a new stake in Digital Realty Trust during the 4th quarter worth approximately $35,000. 99.71% of the stock is currently owned by institutional investors.

About Digital Realty Trust

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers around the world. The company provides the physical infrastructure businesses need to house information technology equipment, cloud-computing resources and critical digital systems.

Its services include data center colocation, hyperscale facilities, interconnection and related infrastructure solutions. Through its PlatformDIGITAL offering, Digital Realty helps customers connect to cloud providers, network operators, internet service providers, enterprises and other digital ecosystems.