Digital Realty Trust (NYSE:DLR) Price Target Raised to $182.00

Digital Realty Trust (NYSE:DLR) had its target price boosted by Barclays from $164.00 to $182.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The brokerage currently has an equal weight rating on the real estate investment trust’s stock.

A number of other brokerages have also recently commented on DLR. Scotiabank reduced their price objective on Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, January 14th. Raymond James Financial reiterated a “strong-buy” rating and issued a $210.00 target price on shares of Digital Realty Trust in a research note on Thursday, March 12th. Moffett Nathanson boosted their price target on Digital Realty Trust from $166.00 to $172.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Mizuho decreased their price target on 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, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Digital Realty Trust in a research report on Monday, January 5th. They issued a “buy” rating and a $180.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $194.68.

Digital Realty Trust Trading Down 3.7%

Shares of DLR stock opened at $173.17 on Wednesday. The stock has a market cap of $59.50 billion, a price-to-earnings ratio of 48.10, a price-to-earnings-growth ratio of 3.98 and a beta of 1.12. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust has a fifty-two week low of $129.95 and a fifty-two week high of $184.79. The firm’s 50 day moving average price is $172.05 and its two-hundred day moving average price is $167.24.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.03. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, analysts anticipate that Digital Realty Trust will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

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

Hedge Funds Weigh In On Digital Realty Trust

Large investors have recently bought and sold shares of the business. New York State Common Retirement Fund increased its holdings in shares of Digital Realty Trust by 7.1% in the third quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock valued at $40,379,000 after buying an additional 15,569 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Digital Realty Trust by 13.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust’s stock worth $25,545,000 after acquiring an additional 17,729 shares in the last quarter. OFI Invest Asset Management boosted its stake in shares of Digital Realty Trust by 37,575.7% during the 3rd quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock worth $46,896,000 after acquiring an additional 270,545 shares in the last quarter. Centersquare Investment Management LLC grew its holdings in shares of Digital Realty Trust by 5.0% in the 3rd quarter. Centersquare Investment Management LLC now owns 3,118,869 shares of the real estate investment trust’s stock worth $539,190,000 after acquiring an additional 149,770 shares during the last quarter. Finally, Gallacher Capital Management LLC acquired a new stake in shares of Digital Realty Trust during the third quarter worth $762,000. 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.