Digital Realty Trust, Inc. (NYSE:DLR) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Digital Realty Trust, Inc. (NYSE:DLRGet Free Report) have been assigned a consensus rating of “Moderate Buy” from the thirty-two analysts that are covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $217.9677.

Several research analysts have issued reports on the company. Weiss Ratings lowered Digital Realty Trust from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. Barclays boosted their target price on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 1st. BTIG Research assumed coverage on shares of Digital Realty Trust in a research report on Friday, July 10th. They set a “buy” rating and a $215.00 target price for the company. Morgan Stanley lifted their price target on shares of Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Finally, HSBC lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating and boosted their price target for the company from $193.00 to $210.00 in a research report on Monday, April 27th.

Read Our Latest Stock Analysis on DLR

Institutional Investors Weigh In On Digital Realty Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank bought a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $3,402,995,000. Cohen & Steers Inc. raised its position in Digital Realty Trust by 18.0% in 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 purchasing an additional 4,276,073 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Digital Realty Trust by 686.0% during the 3rd 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 buying an additional 4,195,862 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Digital Realty Trust in the 2nd quarter valued at $352,539,000. Finally, Viking Global Investors LP acquired a new stake in shares of Digital Realty Trust in the 4th quarter valued at $233,301,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Stock Down 1.0%

NYSE DLR opened at $192.91 on Friday. Digital Realty Trust has a 1-year low of $146.23 and a 1-year high of $208.14. The company has a market capitalization of $71.39 billion, a price-to-earnings ratio of 93.65, a PEG ratio of 5.56 and a beta of 1.03. The stock’s 50 day moving average is $184.80 and its two-hundred day moving average is $183.06. The company has a current ratio of 1.06, a quick ratio of 1.59 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLRGet Free Report) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The company’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts forecast that Digital Realty Trust will post 8.35 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, June 15th. Digital Realty Trust’s payout ratio is presently 236.89%.

About Digital Realty Trust

(Get Free Report)

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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