Barclays Issues Positive Forecast for Digital Realty Trust (NYSE:DLR) Stock Price

Digital Realty Trust (NYSE:DLR) had its price target lifted by Barclays from $189.00 to $197.00 in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The firm presently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price objective suggests a potential upside of 9.81% from the stock’s previous close.

A number of other equities analysts also recently commented on DLR. Truist Financial boosted their target price on shares of Digital Realty Trust from $208.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. The Goldman Sachs Group restated a “buy” rating and issued a $215.00 price target on shares of Digital Realty Trust in a report on Friday, April 24th. Cantor Fitzgerald reiterated an “overweight” rating and set a $211.00 price objective on shares of Digital Realty Trust in a research note on Friday, May 1st. UBS Group increased their target price on shares of Digital Realty Trust from $225.00 to $227.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Finally, Mizuho lifted their price target on shares of Digital Realty Trust from $180.00 to $217.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average price target of $216.81.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR opened at $179.40 on Wednesday. The company has a market capitalization of $63.04 billion, a price-to-earnings ratio of 47.33, a price-to-earnings-growth ratio of 5.18 and a beta of 1.02. Digital Realty Trust has a 52 week low of $146.23 and a 52 week high of $208.14. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The firm has a 50 day moving average of $191.55 and a 200 day moving average of $177.86.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. The business had revenue of $1.64 billion for 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%.The business’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, sell-side analysts predict 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 institutional investors have recently bought and sold shares of DLR. Norges Bank purchased a new stake in Digital Realty Trust in the fourth quarter valued at $3,402,995,000. Cohen & Steers Inc. raised its stake 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Digital Realty Trust by 686.0% in the 3rd 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 valued at $831,123,000 after buying an additional 4,195,862 shares during the period. Viking Global Investors LP purchased a new stake in shares of Digital Realty Trust in the fourth quarter worth about $233,301,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of Digital Realty Trust by 78.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,190,797 shares of the real estate investment trust’s stock worth $493,650,000 after buying an additional 1,405,791 shares during the last quarter. 99.71% of the stock is 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.