Digital Realty Trust (NYSE:DLR) Price Target Raised to $205.00 at BMO Capital Markets

Digital Realty Trust (NYSE:DLR) had its target price upped by BMO Capital Markets from $195.00 to $205.00 in a research note issued on Tuesday,MarketScreener reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. BMO Capital Markets’ price target indicates a potential upside of 15.05% from the company’s previous close.

A number of other research analysts have also commented on DLR. Mizuho decreased their price target on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a research note on Monday, January 12th. Barclays raised Digital Realty Trust from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $161.00 to $164.00 in a research report on Tuesday, January 13th. Scotiabank reduced their price target on Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating for the company in a research note on Wednesday, January 14th. The Goldman Sachs Group increased their price objective on Digital Realty Trust from $188.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Citigroup decreased their price target on shares of Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $192.25.

Digital Realty Trust Stock Performance

Shares of DLR traded down $1.70 during mid-day trading on Tuesday, reaching $178.19. The company’s stock had a trading volume of 45,961 shares, compared to its average volume of 2,107,642. The company has a current ratio of 1.59, a quick ratio of 2.02 and a debt-to-equity ratio of 0.81. Digital Realty Trust has a 1-year low of $129.95 and a 1-year high of $184.79. The business has a 50-day simple moving average of $160.89 and a two-hundred day simple moving average of $165.55. The stock has a market cap of $61.21 billion, a P/E ratio of 49.63, a PEG ratio of 4.00 and a beta of 1.12.

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

Insider Buying and Selling

In other news, Director Mary Hogan Preusse sold 4,166 shares of Digital Realty Trust stock in a transaction on Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.17% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Digital Realty Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Pinnacle Bancorp Inc. acquired a new position in shares of Digital Realty Trust in the 3rd quarter valued at about $25,000. South Plains Financial Inc. lifted its stake in Digital Realty Trust by 280.5% in the second quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 115 shares during the period. Tobam bought a new position in shares of Digital Realty Trust during the 2nd quarter worth approximately $28,000. Salomon & Ludwin LLC acquired a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $28,000. Finally, Sunbelt Securities Inc. increased its stake in shares of 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 acquiring an additional 125 shares in the last quarter. Institutional investors and hedge funds 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.