Digital Realty Trust (NYSE:DLR) Research Coverage Started at Rothschild & Co Redburn

Rothschild & Co Redburn initiated coverage on shares of Digital Realty Trust (NYSE:DLR) in a research report report published on Monday, MarketBeat reports. The firm issued a buy rating and a $227.00 price target on the real estate investment trust’s stock.

DLR has been the subject of several other research reports. Weiss Ratings downgraded shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $229.00 price objective on shares of Digital Realty Trust in a report on Monday, July 27th. HSBC raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the stock from $210.00 to $240.00 in a research note on Thursday, August 13th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Finally, TD Cowen upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their price target for the company from $192.00 to $222.00 in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $219.84.

Digital Realty Trust Trading Down 2.4%

Shares of DLR opened at $181.14 on Monday. The firm has a market cap of $67.20 billion, a P/E ratio of 87.93, a price-to-earnings-growth ratio of 3.56 and a beta of 1.02. The company has a 50 day simple moving average of $188.27 and a two-hundred day simple moving average of $187.22. Digital Realty Trust has a 1 year low of $146.23 and a 1 year high of $208.14. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing the consensus estimate of $1.98 by ($0.77). The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities analysts expect that Digital Realty Trust will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $1.22 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.7%. Digital Realty Trust’s payout ratio is presently 236.89%.

Insider Activity at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the business’s 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 completion of the transaction, the director owned 6,322 shares in the company, valued at $1,226,215.12. The trade was a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Digital Realty Trust

Large investors have recently made changes to their positions in the business. Gables Capital Management Inc. acquired a new position in Digital Realty Trust during the 2nd quarter valued at about $29,000. Bell Investment Advisors Inc boosted its stake in Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares in the last quarter. Solstein Capital LLC purchased a new stake in Digital Realty Trust during the 2nd quarter worth approximately $32,000. MCF Advisors LLC purchased a new stake in Digital Realty Trust during the 4th quarter worth approximately $35,000. Finally, Hantz Financial Services Inc. increased its stake in Digital Realty Trust by 157.4% during the 4th quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 148 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

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.