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Digital Realty Trust (NYSE:DLR) was downgraded by research analysts at Morgan Stanley to an “overweight” rating in a report released on Wednesday, Analyst Ratings Net reports. They currently have a $73.00 price objective on the stock. Morgan Stanley’s price target would indicate a potential upside of 40.09% from the stock’s previous close.

The analysts wrote, “Digital Realty increased its quarterly dividend by $0.05 suggesting $3.32 annually, a 6.4% increase over 2013′s $3.12. While partially due to one-time gains, the increase also reflects ongoing robust fundamentals and sends a positive message for a stock already yielding 6%.”

A number of other analysts have also recently weighed in on DLR. Analysts at Macquarie downgraded shares of Digital Realty Trust from a “neutral” rating to an “underperform” rating in a research note on Wednesday, January 29th. They now have a $43.00 price target on the stock, down previously from $52.12. Separately, analysts at Evercore Partners reiterated an “equal weight” rating on shares of Digital Realty Trust in a research note on Wednesday, December 4th. They now have a $50.00 price target on the stock, down previously from $56.00. Finally, analysts at Zacks downgraded shares of Digital Realty Trust from a “neutral” rating to an “underperform” rating in a research note on Wednesday, November 20th. They now have a $45.30 price target on the stock. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company’s stock. Digital Realty Trust has an average rating of “Hold” and a consensus price target of $59.52.

Digital Realty Trust (NYSE:DLR) traded up 0.72% on Wednesday, hitting $52.485. The stock had a trading volume of 73,878 shares. Digital Realty Trust has a 52-week low of $43.04 and a 52-week high of $74.00. The stock’s 50-day moving average is $50.88 and its 200-day moving average is $51.61. The company has a market cap of $6.741 billion and a price-to-earnings ratio of 24.17.

The company also recently announced a quarterly dividend, which is scheduled for Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 6.37%.

Digital Realty Trust, Inc is a real estate investment trust (NYSE:DLR).

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