Shares of Digital Realty Trust, Inc. (NYSE:DLR) have received an average recommendation of “Buy” from the twenty ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $122.47.

Several equities analysts recently commented on DLR shares. ValuEngine raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Wells Fargo & Co raised shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and increased their target price for the company from $109.31 to $120.00 in a report on Friday, December 22nd. Barclays reduced their target price on shares of Digital Realty Trust from $139.00 to $136.00 and set an “overweight” rating on the stock in a report on Tuesday. Zacks Investment Research lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Monday, January 15th. Finally, TheStreet lowered shares of Digital Realty Trust from a “b” rating to a “c+” rating in a report on Monday, October 30th.

Digital Realty Trust (NYSE DLR) traded down $3.82 during mid-day trading on Friday, hitting $108.13. 1,131,517 shares of the company traded hands, compared to its average volume of 1,492,950. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.46 and a current ratio of 0.46. Digital Realty Trust has a 52 week low of $101.70 and a 52 week high of $127.23. The company has a market cap of $22,560.00, a price-to-earnings ratio of 89.28, a P/E/G ratio of 2.16 and a beta of -0.09.

Institutional investors and hedge funds have recently made changes to their positions in the business. Amica Retiree Medical Trust purchased a new stake in Digital Realty Trust during the 3rd quarter valued at $102,000. Grove Bank & Trust boosted its position in Digital Realty Trust by 1,284.6% during the 3rd quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 835 shares during the period. Thompson Siegel & Walmsley LLC boosted its position in Digital Realty Trust by 4,984.2% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock valued at $114,000 after buying an additional 947 shares during the period. Sun Life Financial INC boosted its position in Digital Realty Trust by 12,844.4% during the 2nd quarter. Sun Life Financial INC now owns 1,165 shares of the real estate investment trust’s stock valued at $132,000 after buying an additional 1,156 shares during the period. Finally, Fieldpoint Private Securities LLC purchased a new stake in Digital Realty Trust during the 3rd quarter valued at $134,000. 98.41% of the stock is owned by institutional investors and hedge funds.

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Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

Analyst Recommendations for Digital Realty Trust (NYSE:DLR)

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