Digital Realty Trust (NYSE:DLR) Price Target Raised to $189.00

Digital Realty Trust (NYSE:DLRFree Report) had its price objective increased by Jefferies Financial Group from $184.00 to $189.00 in a report released on Friday,MarketScreener reports. Jefferies Financial Group currently has a buy rating on the real estate investment trust’s stock.

A number of other research firms have also recently issued reports on DLR. Moffett Nathanson upped their price target on shares of Digital Realty Trust from $166.00 to $172.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Wall Street Zen downgraded Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 8th. Loop Capital set a $205.00 price target on Digital Realty Trust in a research report on Monday, October 27th. Deutsche Bank Aktiengesellschaft began coverage on Digital Realty Trust in a report on Monday, January 5th. They set a “buy” rating and a $180.00 price target for the company. Finally, TD Cowen restated a “hold” rating on shares of Digital Realty Trust in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $192.13.

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Digital Realty Trust Stock Up 4.0%

Shares of Digital Realty Trust stock opened at $171.30 on Friday. Digital Realty Trust has a 12-month low of $129.95 and a 12-month high of $182.48. The company has a quick ratio of 2.02, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. The stock has a 50 day moving average price of $158.57 and a two-hundred day moving average price of $165.53. The stock has a market capitalization of $58.84 billion, a P/E ratio of 47.58, a PEG ratio of 3.98 and a beta of 1.12.

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 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.03. The business 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 period 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. Equities analysts expect that Digital Realty Trust will post 7.07 earnings per share for the current year.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.13% of the stock is owned by company insiders.

Institutional Trading of Digital Realty Trust

Institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new position in Digital Realty Trust in the second quarter worth about $3,808,270,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Digital Realty Trust by 686.0% during the third 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 valued at $831,123,000 after purchasing an additional 4,195,862 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Digital Realty Trust by 5,759.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,357,805 shares of the real estate investment trust’s stock valued at $210,066,000 after purchasing an additional 1,334,632 shares during the period. Vanguard Group Inc. raised its holdings in shares of Digital Realty Trust by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after buying an additional 854,828 shares in the last quarter. Finally, Alyeska Investment Group L.P. raised its holdings in shares of Digital Realty Trust by 581.0% in the 3rd quarter. Alyeska Investment Group L.P. now owns 961,121 shares of the real estate investment trust’s stock worth $166,159,000 after buying an additional 819,982 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust News Summary

Here are the key news stories impacting Digital Realty Trust this week:

About Digital Realty Trust

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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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