Digital Realty Trust’s (DLR) Overweight Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald restated their overweight rating on shares of Digital Realty Trust (NYSE:DLR) in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has a $211.00 target price on the real estate investment trust’s stock.

Several other research analysts have also issued reports on DLR. Wolfe Research raised their target price on Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. Citizens Jmp increased their price objective on shares of Digital Realty Trust from $220.00 to $250.00 and gave the stock a “market outperform” rating in a research report on Monday, April 27th. Bank of America reissued a “neutral” rating and set a $170.00 price objective (down from $210.00) on shares of Digital Realty Trust in a research report on Thursday, January 8th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $215.00 price target on shares of Digital Realty Trust in a research report on Friday, April 24th. Finally, Scotiabank lifted their target price on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus price target of $213.86.

Digital Realty Trust Stock Up 0.1%

Shares of DLR opened at $200.84 on Friday. Digital Realty Trust has a 52 week low of $146.23 and a 52 week high of $208.14. The stock has a market capitalization of $70.08 billion, a price-to-earnings ratio of 52.99, a PEG ratio of 5.46 and a beta of 1.06. 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 fifty day moving average of $184.67 and a 200-day moving average of $170.85.

Digital Realty Trust (NYSE:DLR) last announced its quarterly 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. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.Digital Realty Trust’s revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, sell-side analysts anticipate that Digital Realty Trust will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, March 13th. Digital Realty Trust’s payout ratio is currently 128.76%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DLR. Norges Bank purchased a new position in Digital Realty Trust in the 4th quarter valued at approximately $3,402,995,000. Cohen & Steers Inc. lifted its stake in Digital Realty Trust by 18.0% in the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after purchasing an additional 4,276,073 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Digital Realty Trust by 686.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock worth $831,123,000 after purchasing an additional 4,195,862 shares during the last quarter. Viking Global Investors LP bought a new stake in Digital Realty Trust in the fourth quarter worth $233,301,000. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Digital Realty Trust by 78.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,190,797 shares of the real estate investment trust’s stock valued at $493,650,000 after acquiring an additional 1,405,791 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

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.