Stifel Nicolaus Boosts Digital Realty Trust (NYSE:DLR) Price Target to $230.00

Digital Realty Trust (NYSE:DLR) had its price objective lifted by analysts at Stifel Nicolaus from $200.00 to $230.00 in a research report issued on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the real estate investment trust’s stock. Stifel Nicolaus’ price target suggests a potential upside of 14.26% from the stock’s current price.

Several other research analysts have also weighed in on the stock. Truist Financial initiated coverage on shares of Digital Realty Trust in a report on Tuesday, March 31st. They set a “buy” rating and a $207.00 price objective on the stock. UBS Group set a $189.00 price target on shares of Digital Realty Trust in a research note on Wednesday, January 14th. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday, January 29th. Bank of America restated a “neutral” rating and set a $170.00 price objective (down from $210.00) on shares of Digital Realty Trust in a report on Thursday, January 8th. Finally, Wells Fargo & Company increased their target price on Digital Realty Trust from $195.00 to $220.00 and gave the stock an “overweight” rating in a research report on Tuesday. Four research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average price target of $203.67.

Digital Realty Trust Trading Up 0.2%

Shares of NYSE:DLR traded up $0.43 during midday trading on Wednesday, reaching $201.29. The company’s stock had a trading volume of 465,881 shares, compared to its average volume of 2,006,359. The firm has a market cap of $70.24 billion, a price-to-earnings ratio of 55.89, a price-to-earnings-growth ratio of 4.46 and a beta of 1.07. The business has a 50 day moving average price of $182.45 and a 200 day moving average price of $169.85. Digital Realty Trust has a 1 year low of $146.23 and a 1 year high of $204.94. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the business posted $1.73 earnings per share. The firm’s revenue for the quarter 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. Research analysts forecast that Digital Realty Trust will post 7.94 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of DLR. Vanguard Group Inc. boosted its position in shares of Digital Realty Trust by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after buying an additional 854,828 shares during the period. Cohen & Steers Inc. raised its holdings in shares of Digital Realty Trust by 18.0% during the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after buying an additional 4,276,073 shares during the period. Norges Bank acquired a new position in Digital Realty Trust during the 4th quarter worth approximately $3,402,995,000. State Street Corp boosted its holdings in Digital Realty Trust by 1.1% in the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock worth $3,219,256,000 after acquiring an additional 231,933 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Digital Realty Trust by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 9,234,073 shares of the real estate investment trust’s stock worth $1,423,373,000 after acquiring an additional 197,180 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

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.