Digital Realty Trust (NYSE:DLR) Given New $210.00 Price Target at Morgan Stanley

Digital Realty Trust (NYSE:DLR) had its price objective boosted by Morgan Stanley from $195.00 to $210.00 in a report released on Monday morning, MarketBeat Ratings reports. They currently have an equal weight rating on the real estate investment trust’s stock.

A number of other research analysts have also recently weighed in on the stock. Raymond James Financial reiterated a “strong-buy” rating and set a $210.00 price objective on shares of Digital Realty Trust in a research report on Thursday, March 12th. Scotiabank boosted their target price on shares of Digital Realty Trust from $189.00 to $195.00 and gave the company a “sector outperform” rating in a research note on Tuesday, April 7th. Weiss Ratings raised shares of Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Digital Realty Trust in a research note on Monday, January 5th. They set a “buy” rating and a $180.00 target price for the company. Finally, Sanford C. Bernstein initiated coverage on shares of Digital Realty Trust in a research note on Thursday, March 5th. They set an “outperform” rating and a $218.00 target price for the company. Four research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $196.96.

Digital Realty Trust Trading Up 1.4%

DLR stock opened at $191.48 on Monday. 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 $143.83 and a twelve month high of $191.90. The stock has a market capitalization of $65.79 billion, a price-to-earnings ratio of 53.19, a price-to-earnings-growth ratio of 4.18 and a beta of 1.07. The firm’s fifty day simple moving average is $178.18 and its two-hundred day simple moving average is $168.48.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the previous year, the business posted $1.73 earnings per share. The business’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. As a group, analysts anticipate that Digital Realty Trust will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, March 13th. Digital Realty Trust’s payout ratio is currently 135.56%.

Institutional Trading of Digital Realty Trust

A number of large investors have recently made changes to their positions in the stock. Pinnacle Bancorp Inc. purchased a new stake in Digital Realty Trust in the third quarter worth about $25,000. Salomon & Ludwin LLC purchased a new stake in Digital Realty Trust in the third quarter worth about $28,000. Sunbelt Securities Inc. lifted its stake in Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares during the period. First Horizon Corp purchased a new stake in Digital Realty Trust in the third quarter worth about $31,000. Finally, Harvest Fund Management Co. Ltd lifted its stake in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 165 shares during the period. 99.71% of the stock is 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.