Digital Realty Trust (NYSE:DLR) Shares Gap Down – Should You Sell?

Digital Realty Trust, Inc. (NYSE:DLR) shares gapped down prior to trading on Tuesday . The stock had previously closed at $190.58, but opened at $182.25. Digital Realty Trust shares last traded at $180.7670, with a volume of 3,034,472 shares changing hands.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DLR. Stifel Nicolaus raised their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. HSBC downgraded Digital Realty Trust from a “buy” rating to a “hold” rating and upped their target price for the company from $193.00 to $210.00 in a research report on Monday, April 27th. Mizuho lifted their price target on Digital Realty Trust from $180.00 to $217.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Wolfe Research boosted their price target on Digital Realty Trust from $194.00 to $211.00 and gave the company an “outperform” rating in a research note on Monday, April 6th. Finally, Wells Fargo & Company upped their price objective on Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $216.52.

Digital Realty Trust Price Performance

The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The company’s fifty day moving average price is $192.03 and its 200 day moving average price is $177.72. The company has a market capitalization of $63.45 billion, a P/E ratio of 47.74, a PEG ratio of 5.24 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations 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 period in the previous year, the company posted $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.05 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DLR. Sunbelt Securities Inc. increased its holdings in Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 125 shares during the period. 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 worth $31,000 after acquiring an additional 62 shares during the period. Harvest Fund Management Co. Ltd lifted its holdings in shares of Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 165 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $34,000. Finally, MCF Advisors LLC acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth approximately $35,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Company Profile

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.