Sanford C. Bernstein Begins Coverage on Digital Realty Trust (NYSE:DLR)

Equities research analysts at Sanford C. Bernstein started coverage on shares of Digital Realty Trust (NYSE:DLR) in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. The brokerage set an “outperform” rating and a $218.00 price target on the real estate investment trust’s stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 23.72% from the company’s previous close.

DLR has been the topic of several other reports. BMO Capital Markets raised their price objective on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. HSBC set a $193.00 target price on shares of Digital Realty Trust and gave the stock a “buy” rating in a report on Thursday, January 15th. Mizuho decreased their price target on Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Barclays upgraded Digital Realty Trust from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $161.00 to $164.00 in a research report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Digital Realty Trust in a research note on Monday, January 5th. They issued a “buy” rating and a $180.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $193.36.

Digital Realty Trust Stock Down 2.0%

DLR stock opened at $176.21 on Thursday. The business’s 50-day moving average price is $167.28 and its 200-day moving average price is $166.39. The stock has a market cap of $60.55 billion, a P/E ratio of 48.95, a PEG ratio of 3.98 and a beta of 1.12. 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 has a twelve month low of $129.95 and a twelve month high of $184.79.

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 (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.03. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the firm posted $1.73 EPS. The firm’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. On average, equities research analysts forecast that Digital Realty Trust will post 7.07 EPS for the current year.

Hedge Funds Weigh In On Digital Realty Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC grew its holdings in Digital Realty Trust by 14.4% during the 4th quarter. Hsbc Holdings PLC now owns 1,354,201 shares of the real estate investment trust’s stock valued at $209,625,000 after buying an additional 170,466 shares in the last quarter. SHP Wealth Management purchased a new stake in shares of Digital Realty Trust during the 4th quarter worth approximately $57,000. Reflection Asset Management bought a new position in shares of Digital Realty Trust during the 4th quarter valued at approximately $51,000. Beaird Harris Wealth Management LLC grew its holdings in shares of Digital Realty Trust by 32,500.0% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 326 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 325 shares in the last quarter. Finally, MV Capital Management Inc. bought a new stake in Digital Realty Trust in the fourth quarter worth $38,000. 99.71% of the stock is owned by institutional investors.

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.