Cantor Fitzgerald Begins Coverage on Digital Realty Trust (NYSE:DLR)

Cantor Fitzgerald assumed coverage on shares of Digital Realty Trust (NYSE:DLRGet Free Report) in a research report issued to clients and investors on Thursday,Benzinga reports. The firm set an “overweight” rating and a $211.00 price target on the real estate investment trust’s stock. Cantor Fitzgerald’s price target suggests a potential upside of 13.82% from the company’s previous close.

Several other equities analysts have also recently commented on the stock. Sanford C. Bernstein started coverage on shares of Digital Realty Trust in a research note on Thursday, March 5th. They set an “outperform” rating and a $218.00 price objective for the company. HSBC set a $193.00 target price on shares of Digital Realty Trust and gave the company a “buy” rating in a research report on Thursday, January 15th. Scotiabank lifted their target price on shares of Digital Realty Trust from $189.00 to $195.00 and gave the company a “sector outperform” rating in a research report on Tuesday. TD Cowen reiterated a “hold” rating on shares of Digital Realty Trust in a research report on Friday, February 6th. Finally, Moffett Nathanson lifted their target price on shares of Digital Realty Trust from $166.00 to $172.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $196.38.

View Our Latest Stock Analysis on Digital Realty Trust

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $185.38 on Thursday. The company has a 50 day moving average of $176.79 and a 200 day moving average of $168.17. The stock has a market cap of $63.70 billion, a P/E ratio of 51.49, a P/E/G ratio of 4.02 and a beta of 1.07. Digital Realty Trust has a 12 month low of $130.88 and a 12 month high of $186.45. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLRGet Free Report) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, beating the consensus estimate of $1.83 by $0.03. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. Digital Realty Trust’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, sell-side analysts forecast that Digital Realty Trust will post 7.07 EPS for the current fiscal year.

Institutional Investors Weigh In On Digital Realty Trust

A number of hedge funds have recently made changes to their positions in DLR. Norges Bank bought a new stake in shares of Digital Realty Trust in the 4th quarter worth approximately $3,402,995,000. Cohen & Steers Inc. lifted its holdings in shares of 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 acquiring 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 shares of Digital Realty Trust by 686.0% in 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 acquiring an additional 4,195,862 shares during the last quarter. Viking Global Investors LP bought a new stake in shares of Digital Realty Trust in the 4th quarter worth approximately $233,301,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Digital Realty Trust by 78.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,190,797 shares of the real estate investment trust’s stock worth $493,650,000 after acquiring an additional 1,405,791 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

Key Stories Impacting Digital Realty Trust

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Digital Realty Trust Company Profile

(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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