Digital Realty Trust (NYSE:DLR) Price Target Cut to $195.00 by Analysts at Raymond James Financial

Digital Realty Trust (NYSE:DLR) had its price target decreased by Raymond James Financial from $205.00 to $195.00 in a research note issued to investors on Wednesday,MarketScreener reports. Raymond James Financial currently has a strong-buy rating on the real estate investment trust’s stock.

Several other analysts have also recently issued reports on the company. Loop Capital set a $205.00 price objective on Digital Realty Trust in a report on Monday, October 27th. Wolfe Research upgraded shares of Digital Realty Trust from a “peer perform” rating to an “outperform” rating and set a $194.00 price target on the stock in a research report on Monday, October 20th. Truist Financial upped their price target on shares of Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Citigroup dropped their price objective on shares of Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Finally, The Goldman Sachs Group boosted their target price on shares of Digital Realty Trust from $188.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Two 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 stock. According to data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $191.70.

Digital Realty Trust Stock Up 1.1%

Shares of DLR stock opened at $174.46 on Wednesday. The company’s fifty day simple moving average is $159.49 and its two-hundred day simple moving average is $165.50. Digital Realty Trust has a 52 week low of $129.95 and a 52 week high of $182.48. The stock has a market cap of $59.93 billion, a P/E ratio of 48.46, a PEG ratio of 3.82 and a beta of 1.12. The company has a quick ratio of 2.02, a current ratio of 1.59 and a debt-to-equity ratio of 0.81.

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

Insider Buying and Selling

In related news, Director Mary Hogan Preusse sold 4,166 shares of the company’s stock in a transaction dated 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 filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On Digital Realty Trust

A number of institutional investors and hedge funds have recently modified their holdings of the business. Pinnacle Bancorp Inc. purchased a new stake in Digital Realty Trust in the third quarter worth $25,000. South Plains Financial Inc. boosted its stake in shares of Digital Realty Trust by 280.5% during the second quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 115 shares during the period. Salomon & Ludwin LLC bought a new position in shares of Digital Realty Trust in the third quarter worth about $28,000. Sunbelt Securities Inc. increased its stake in 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 worth $28,000 after buying an additional 125 shares during the period. Finally, Tobam bought a new stake in Digital Realty Trust during the 2nd quarter valued at about $28,000. 99.71% of the stock is owned by institutional investors.

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.