Digital Realty Trust (NYSE:DLR) Price Target Cut to $190.00 by Analysts at Citigroup

Digital Realty Trust (NYSE:DLRGet Free Report) had its price target lowered by investment analysts at Citigroup from $212.00 to $190.00 in a report released on Friday,MarketScreener reports. The brokerage presently has a “buy” rating on the real estate investment trust’s stock. Citigroup’s price target points to a potential upside of 11.16% from the stock’s previous close.

A number of other brokerages have also recently commented on DLR. Hsbc Global Res upgraded Digital Realty Trust from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 15th. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, October 24th. Barclays raised Digital Realty Trust from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $161.00 to $164.00 in a research note on Tuesday, January 13th. Loop Capital set a $205.00 price objective on Digital Realty Trust in a report on Monday, October 27th. Finally, UBS Group set a $189.00 target price on Digital Realty Trust in a research note on Wednesday, January 14th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus price target of $192.13.

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Digital Realty Trust Stock Up 3.8%

Shares of DLR opened at $170.93 on Friday. The business’s 50 day simple moving average is $158.35 and its 200-day simple moving average is $165.76. Digital Realty Trust has a 1 year low of $129.95 and a 1 year high of $182.48. The stock has a market capitalization of $58.71 billion, a price-to-earnings ratio of 44.47, a price-to-earnings-growth ratio of 3.89 and a beta of 1.12. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.02.

Digital Realty Trust (NYSE:DLRGet Free Report) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, beating the consensus estimate of $1.83 by $0.03. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter last year, the business earned $1.73 earnings per share. Digital Realty Trust’s quarterly revenue 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. As a group, equities analysts expect that Digital Realty Trust will post 7.07 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Mary Hogan Preusse sold 4,166 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On Digital Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bison Wealth LLC increased its holdings in shares of Digital Realty Trust by 17.2% during the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after acquiring an additional 390 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Digital Realty Trust by 9.4% during the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock valued at $972,000 after buying an additional 584 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in Digital Realty Trust during the second quarter valued at approximately $115,000. Wealthcare Advisory Partners LLC purchased a new stake in Digital Realty Trust during the second quarter worth $233,000. Finally, Belpointe Asset Management LLC purchased a new stake in shares of Digital Realty Trust during the 2nd quarter worth about $220,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Key Stories Impacting Digital Realty Trust

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About Digital Realty Trust

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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.

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