Digital Realty Trust (NYSE:DLR) Stock Rating Upgraded by Rothschild & Co Redburn

Digital Realty Trust (NYSE:DLR) was upgraded by equities research analysts at Rothschild & Co Redburn to a “strong-buy” rating in a report issued on Monday, Zacks reports.

DLR has been the subject of a number of other research reports. Cantor Fitzgerald upped their price objective on Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Evercore reaffirmed an “outperform” rating and set a $240.00 price target on shares of Digital Realty Trust in a research report on Tuesday, August 18th. Weiss Ratings cut shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, TD Cowen raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $192.00 to $222.00 in a report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $219.84.

Digital Realty Trust Stock Up 2.6%

DLR opened at $186.80 on Monday. The stock has a market capitalization of $69.30 billion, a price-to-earnings ratio of 90.68, a PEG ratio of 3.49 and a beta of 1.02. The firm has a 50 day moving average price of $187.93 and a 200-day moving average price of $187.19. Digital Realty Trust has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts forecast that Digital Realty Trust will post 8.4 earnings per share for the current year.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the transaction, the director owned 6,322 shares of the company’s stock, valued at $1,226,215.12. The trade was a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.15% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Gables Capital Management Inc. bought a new position in shares of Digital Realty Trust in the second quarter worth about $29,000. Bell Investment Advisors Inc raised its stake in Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares during the period. Solstein Capital LLC bought a new stake in Digital Realty Trust during the 2nd quarter valued at approximately $32,000. Danske Bank A S purchased a new position in Digital Realty Trust in the 2nd quarter worth approximately $39,000. Finally, MCF Advisors LLC bought a new position in Digital Realty Trust in the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

About Digital Realty Trust

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers around the world. The company provides the physical infrastructure businesses need to house information technology equipment, cloud-computing resources and critical digital systems.

Its services include data center colocation, hyperscale facilities, interconnection and related infrastructure solutions. Through its PlatformDIGITAL offering, Digital Realty helps customers connect to cloud providers, network operators, internet service providers, enterprises and other digital ecosystems.