Raymond James Financial Issues Pessimistic Forecast for Digital Realty Trust (NYSE:DLR) Stock Price

Digital Realty Trust (NYSE:DLR) had its target price cut by equities research analysts at Raymond James Financial from $205.00 to $195.00 in a research note issued on Wednesday,MarketScreener reports. The brokerage presently has a “strong-buy” rating on the real estate investment trust’s stock. Raymond James Financial’s target price would indicate a potential upside of 8.08% from the company’s current price.

DLR has been the topic of several other research reports. Barclays raised Digital Realty Trust from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $161.00 to $164.00 in a report on Tuesday, January 13th. JPMorgan Chase & Co. upped their target price on Digital Realty Trust from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, October 24th. Scotiabank dropped their price target on Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, January 14th. Loop Capital set a $205.00 price objective on Digital Realty Trust in a research note on Monday, October 27th. Finally, Daiwa Securities Group initiated coverage on Digital Realty Trust in a report on Wednesday, October 22nd. They issued a “buy” rating and a $210.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average price target of $191.70.

Digital Realty Trust Stock Performance

Shares of DLR opened at $180.42 on Wednesday. The company has a market capitalization of $61.98 billion, a price-to-earnings ratio of 50.12, a price-to-earnings-growth ratio of 3.86 and a beta of 1.12. Digital Realty Trust has a 52-week low of $129.95 and a 52-week high of $184.79. The company has a quick ratio of 2.02, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. The stock has a 50 day moving average price of $159.88 and a 200 day moving average price of $165.60.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share 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 business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the firm earned $1.73 EPS. The company’s 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. Research analysts predict that Digital Realty Trust will post 7.07 EPS for the current fiscal year.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Mary Hogan Preusse sold 4,166 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $157.42, for a total value of $655,811.72. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On Digital Realty Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bison Wealth LLC raised its position in Digital Realty Trust by 17.2% during the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after buying an additional 390 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Digital Realty Trust by 9.4% during the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after acquiring an additional 584 shares during the period. Sequoia Financial Advisors LLC raised its holdings in Digital Realty Trust by 13.5% during the second quarter. Sequoia Financial Advisors LLC now owns 30,242 shares of the real estate investment trust’s stock worth $5,272,000 after purchasing an additional 3,602 shares in the last quarter. NorthRock Partners LLC lifted its position in Digital Realty Trust by 11.8% in the second quarter. NorthRock Partners LLC now owns 3,167 shares of the real estate investment trust’s stock valued at $552,000 after purchasing an additional 334 shares during the period. Finally, Axxcess Wealth Management LLC purchased a new stake in Digital Realty Trust in the 2nd quarter valued at approximately $233,000. 99.71% of the stock is currently owned by hedge funds and other 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.