Digital Realty Trust (NYSE:DLR) Earns “Overweight” Rating from Cantor Fitzgerald

Digital Realty Trust (NYSE:DLR)‘s stock had its “overweight” rating reiterated by investment analysts at Cantor Fitzgerald in a research report issued to clients and investors on Friday,Benzinga reports. They presently have a $211.00 target price on the real estate investment trust’s stock. Cantor Fitzgerald’s price objective points to a potential upside of 5.13% from the company’s previous close.

A number of other brokerages also recently commented on DLR. Barclays lifted their target price on shares of Digital Realty Trust from $182.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 16th. HSBC downgraded shares of Digital Realty Trust from a “buy” rating to a “hold” rating and lifted their target price for the stock from $193.00 to $210.00 in a research note on Monday. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Citigroup reissued an “outperform” rating on shares of Digital Realty Trust in a research note on Monday. Finally, Citizens Jmp lifted their price objective on shares of Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $213.86.

Digital Realty Trust Stock Down 0.1%

NYSE:DLR traded down $0.23 during midday trading on Friday, reaching $200.71. 203,905 shares of the stock traded hands, compared to its average volume of 2,068,024. Digital Realty Trust has a 12-month low of $146.23 and a 12-month high of $208.14. The business has a 50-day moving average of $184.67 and a two-hundred day moving average of $170.86. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. The stock has a market capitalization of $70.04 billion, a PE ratio of 52.95, a price-to-earnings-growth ratio of 5.29 and a beta of 1.07.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the prior year, the company posted $1.77 earnings per share. Digital Realty Trust’s revenue for the quarter was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, equities analysts forecast that Digital Realty Trust will post 8.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Digital Realty Trust

A number of hedge funds have recently added to or reduced their stakes in DLR. Bison Wealth LLC boosted its holdings in Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after purchasing an additional 390 shares during the period. Empowered Funds LLC raised its stake in shares of Digital Realty Trust by 9.4% during the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock valued at $972,000 after purchasing an additional 584 shares in the last quarter. NewEdge Advisors LLC raised its position in Digital Realty Trust by 23.0% in the second quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after acquiring an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina raised its position in Digital Realty Trust by 3.9% in the second quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock worth $27,469,000 after acquiring an additional 5,909 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its position in Digital Realty Trust by 0.8% in the second quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock worth $4,816,000 after acquiring an additional 231 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.