Digital Realty Trust (NYSE:DLR) Price Target Lowered to $190.00 at Citigroup

Digital Realty Trust (NYSE:DLRFree Report) had its target price trimmed by Citigroup from $212.00 to $190.00 in a research note published on Friday morning, Marketbeat Ratings reports. The firm currently has a buy rating on the real estate investment trust’s stock.

Several other analysts have also issued reports on the stock. KeyCorp restated a “sector weight” rating on shares of Digital Realty Trust in a research report on Thursday, January 29th. UBS Group set a $189.00 target price on Digital Realty Trust in a report on Wednesday, January 14th. The Goldman Sachs Group started coverage on Digital Realty Trust in a research report on Thursday, December 18th. They set a “buy” rating and a $188.00 price target on the stock. Truist Financial increased their price objective on Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Barclays upgraded shares of Digital Realty Trust from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $161.00 to $164.00 in a report on Tuesday, January 13th. 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 company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $192.13.

Check Out Our Latest Stock Analysis on DLR

Digital Realty Trust Stock Up 4.0%

Shares of DLR opened at $171.30 on Friday. Digital Realty Trust has a 1 year low of $129.95 and a 1 year high of $182.48. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.02. The stock has a 50 day simple moving average of $158.57 and a two-hundred day simple moving average of $165.72. The firm has a market cap of $58.84 billion, a P/E ratio of 47.58, a P/E/G ratio of 3.84 and a beta of 1.12.

Digital Realty Trust (NYSE:DLRGet Free Report) last announced 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. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.92%. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the previous year, the business posted $1.73 EPS. The business’s quarterly revenue 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. On average, analysts forecast that Digital Realty Trust will post 7.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In related 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 value of $655,811.72. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.13% of the stock is owned by insiders.

Institutional Investors Weigh In On Digital Realty Trust

Large investors have recently modified their holdings of the stock. Americana Partners LLC purchased a new position in shares of Digital Realty Trust during the fourth quarter valued at about $3,564,000. Kingdom Financial Group LLC. bought a new stake in Digital Realty Trust during the 4th quarter valued at approximately $552,000. Meiji Yasuda Asset Management Co Ltd. grew its holdings in shares of Digital Realty Trust by 4.2% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 3,855 shares of the real estate investment trust’s stock worth $596,000 after acquiring an additional 154 shares during the period. FourThought Financial Partners LLC raised its position in shares of Digital Realty Trust by 2.0% in the 4th quarter. FourThought Financial Partners LLC now owns 31,247 shares of the real estate investment trust’s stock worth $4,834,000 after acquiring an additional 617 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its stake in shares of Digital Realty Trust by 391.9% in the 4th quarter. Global Retirement Partners LLC now owns 9,119 shares of the real estate investment trust’s stock valued at $1,411,000 after purchasing an additional 7,265 shares during the period. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust News Summary

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

Digital Realty Trust Company Profile

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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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