Digital Realty Trust (NYSE:DLR) Price Target Raised to $202.00

Digital Realty Trust (NYSE:DLRFree Report) had its target price boosted by Truist Financial from $200.00 to $202.00 in a research note published on Wednesday,Benzinga reports. Truist Financial currently has a buy rating on the real estate investment trust’s stock.

DLR has been the subject of several other reports. Loop Capital set a $205.00 target price on Digital Realty Trust in a research note on Monday, October 27th. Raymond James Financial lowered their price target on Digital Realty Trust from $205.00 to $195.00 and set a “strong-buy” rating for the company in a report on Wednesday, February 11th. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, October 24th. Mizuho lowered their target price on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a report on Monday, January 12th. Finally, Moffett Nathanson increased their price target on shares of Digital Realty Trust from $166.00 to $172.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and an average target price of $192.33.

Read Our Latest Research Report on DLR

Digital Realty Trust Price Performance

NYSE:DLR opened at $175.65 on Wednesday. Digital Realty Trust has a 12-month low of $129.95 and a 12-month high of $184.79. The firm has a market cap of $60.35 billion, a price-to-earnings ratio of 48.79, a price-to-earnings-growth ratio of 3.91 and a beta of 1.12. The company’s 50-day moving average is $162.02 and its two-hundred day moving average is $165.72. 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:DLRGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.03. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the business posted $1.73 earnings per share. The company’s revenue was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Research analysts expect that Digital Realty Trust will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. Digital Realty Trust’s dividend payout ratio is currently 135.56%.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of Digital Realty Trust stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.13% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Digital Realty Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. White Knight Strategic Wealth Advisors LLC increased its position in Digital Realty Trust by 64.1% during the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 3,328 shares of the real estate investment trust’s stock worth $515,000 after buying an additional 1,300 shares during the last quarter. Compound Planning Inc. increased its holdings in shares of Digital Realty Trust by 52.6% during the 4th quarter. Compound Planning Inc. now owns 4,891 shares of the real estate investment trust’s stock valued at $757,000 after acquiring an additional 1,686 shares during the last quarter. Invesco Ltd. raised its stake in shares of Digital Realty Trust by 8.5% in the 4th quarter. Invesco Ltd. now owns 4,433,515 shares of the real estate investment trust’s stock valued at $685,909,000 after acquiring an additional 346,200 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of Digital Realty Trust by 14.7% in the 4th quarter. Corient Private Wealth LLC now owns 65,874 shares of the real estate investment trust’s stock valued at $9,279,000 after acquiring an additional 8,429 shares in the last quarter. Finally, First Commonwealth Financial Corp PA lifted its holdings in Digital Realty Trust by 5.8% in the 4th quarter. First Commonwealth Financial Corp PA now owns 4,589 shares of the real estate investment trust’s stock worth $710,000 after purchasing an additional 251 shares during the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

More Digital Realty Trust News

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Digital Realty Trust Company Profile

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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.

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Analyst Recommendations for Digital Realty Trust (NYSE:DLR)

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