Shares of Digital Realty Trust, Inc. (NYSE:DLR – Get Free Report) have received an average recommendation of “Moderate Buy” from the twenty-nine ratings firms that are presently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $216.75.
A number of analysts have weighed in on the stock. Barclays increased their price target on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Digital Realty Trust from $196.00 to $220.00 and gave the company a “buy” rating in a report on Monday, May 18th. Stifel Nicolaus raised their price target on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a report on Friday, April 24th. BMO Capital Markets upped their target price on shares of Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research report on Monday, April 20th. Finally, Wells Fargo & Company increased their price target on Digital Realty Trust from $195.00 to $220.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st.
View Our Latest Report on Digital Realty Trust
Digital Realty Trust Trading Down 0.0%
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. The firm had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Equities research analysts predict that Digital Realty Trust will post 8.05 earnings per share for the current year.
Digital Realty Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $1.22 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.76%.
Hedge Funds Weigh In On Digital Realty Trust
Several institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank bought a new stake in shares of Digital Realty Trust during the fourth quarter worth approximately $3,402,995,000. Cohen & Steers Inc. raised its holdings in shares of Digital Realty Trust by 18.0% during the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after buying an additional 4,276,073 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Digital Realty Trust by 686.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock worth $831,123,000 after acquiring an additional 4,195,862 shares during the last quarter. Viking Global Investors LP acquired a new stake in shares of Digital Realty Trust during the 4th quarter valued at $233,301,000. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Digital Realty Trust by 78.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,190,797 shares of the real estate investment trust’s stock valued at $493,650,000 after buying an additional 1,405,791 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.
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.
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