Argus Upgrades Digital Realty Trust (NYSE:DLR) to “Buy”

Digital Realty Trust (NYSE:DLR) was upgraded by Argus from a “hold” rating to a “buy” rating in a report released on Wednesday, MarketBeat reports. The brokerage presently has a $212.00 price objective on the real estate investment trust’s stock. Argus’ price target suggests a potential upside of 9.13% from the company’s current price.

DLR has been the subject of several other reports. Barclays increased their price target on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 1st. Royal Bank Of Canada upped their price target on Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Sanford C. Bernstein upped their target price on Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Morgan Stanley increased their price target on Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, Cantor Fitzgerald raised their price target on Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $217.97.

Digital Realty Trust Stock Up 1.6%

Shares of NYSE:DLR opened at $194.26 on Wednesday. Digital Realty Trust has a 12 month low of $146.23 and a 12 month high of $208.14. The company has a current ratio of 1.06, a quick ratio of 1.59 and a debt-to-equity ratio of 0.68. The company has a 50-day moving average price of $184.71 and a 200 day moving average price of $182.61. The company has a market cap of $71.88 billion, a price-to-earnings ratio of 94.30, a PEG ratio of 5.43 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust’s revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities research analysts predict that Digital Realty Trust will post 8.39 earnings per share for the current year.

Hedge Funds Weigh In On Digital Realty Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Sunbelt Securities Inc. lifted its stake in Digital Realty Trust by 347.2% during 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 during the period. Bell Investment Advisors Inc raised its holdings in shares of Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares during the last quarter. Harvest Fund Management Co. Ltd raised its holdings in shares of Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 165 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Digital Realty Trust during the third quarter valued at $34,000. Finally, MCF Advisors LLC purchased a new stake in Digital Realty Trust in the fourth quarter valued at $35,000. 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.