Digital Realty Trust (NYSE:DLR) Given New $220.00 Price Target at Deutsche Bank Aktiengesellschaft

Digital Realty Trust (NYSE:DLR) had its price target raised by Deutsche Bank Aktiengesellschaft from $196.00 to $220.00 in a report published on Monday morning,MarketScreener reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the real estate investment trust’s stock.

Other research analysts have also recently issued research reports about the company. Citizens Jmp raised their target price on Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a research note on Monday, April 27th. Mizuho raised their target price on Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $215.00 target price on shares of Digital Realty Trust in a research note on Friday, April 24th. Jefferies Financial Group raised their target price on Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, HSBC cut Digital Realty Trust from a “buy” rating to a “hold” rating and raised their target price for the company from $193.00 to $210.00 in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $215.89.

Digital Realty Trust Price Performance

Shares of DLR opened at $188.46 on Monday. The firm has a market capitalization of $66.23 billion, a price-to-earnings ratio of 49.73, a price-to-earnings-growth ratio of 5.12 and a beta of 1.06. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. Digital Realty Trust has a one year low of $146.23 and a one year high of $208.14. The stock’s fifty day moving average is $187.84 and its 200-day moving average is $172.21.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the business posted $1.77 earnings per share. The company’s quarterly revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Equities analysts anticipate that Digital Realty Trust will post 8.06 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $1.22 dividend. The ex-dividend date is Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. Digital Realty Trust’s dividend payout ratio (DPR) is 128.76%.

Hedge Funds Weigh In On Digital Realty Trust

A number of hedge funds and other institutional investors have recently modified their holdings of DLR. Amundi lifted its stake in Digital Realty Trust by 3.6% in the 1st quarter. Amundi now owns 2,504,476 shares of the real estate investment trust’s stock worth $451,332,000 after acquiring an additional 86,050 shares in the last quarter. Adelante Capital Management LLC lifted its stake in Digital Realty Trust by 0.4% in the 1st quarter. Adelante Capital Management LLC now owns 478,296 shares of the real estate investment trust’s stock worth $86,194,000 after acquiring an additional 1,866 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Digital Realty Trust by 11.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,150 shares of the real estate investment trust’s stock worth $387,000 after acquiring an additional 213 shares in the last quarter. Excelsior Advisor Network LLC purchased a new stake in Digital Realty Trust in the 1st quarter worth about $213,000. Finally, Quantinno Capital Management LP lifted its stake in Digital Realty Trust by 31.6% in the 1st quarter. Quantinno Capital Management LP now owns 84,006 shares of the real estate investment trust’s stock worth $15,139,000 after acquiring an additional 20,169 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

About Digital Realty Trust

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.