Digital Realty Trust (NYSE:DLR) Price Target Lowered to $139.00 at Barclays

Digital Realty Trust (NYSE:DLR) had its price objective cut by investment analysts at Barclays from $142.00 to $139.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “underweight” rating on the real estate investment trust’s stock. Barclays‘s target price would suggest a potential downside of 7.85% from the company’s current price.

Other research analysts have also issued research reports about the company. Truist Financial cut their price objective on Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a report on Monday, March 10th. Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Stifel Nicolaus boosted their target price on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their target price for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Finally, StockNews.com downgraded Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 22nd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.95.

Digital Realty Trust Trading Down 0.2 %

Shares of DLR opened at $150.85 on Thursday. The business has a 50-day moving average of $163.85 and a 200 day moving average of $169.91. Digital Realty Trust has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The firm has a market cap of $50.78 billion, a P/E ratio of 93.17, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. As a group, research analysts forecast that Digital Realty Trust will post 7.07 EPS for the current year.

Hedge Funds Weigh In On Digital Realty Trust

Several hedge funds have recently made changes to their positions in the business. Thoma Capital Management LLC purchased a new position in shares of Digital Realty Trust during the fourth quarter valued at approximately $342,000. Lighthouse Financial LLC purchased a new stake in shares of Digital Realty Trust in the fourth quarter worth $239,000. Capstone Triton Financial Group LLC grew its stake in shares of Digital Realty Trust by 33.7% in the fourth quarter. Capstone Triton Financial Group LLC now owns 10,281 shares of the real estate investment trust’s stock worth $1,823,000 after acquiring an additional 2,593 shares during the last quarter. Copia Wealth Management purchased a new stake in shares of Digital Realty Trust in the fourth quarter worth $61,000. Finally, Park Square Financial Group LLC purchased a new stake in shares of Digital Realty Trust in the fourth quarter worth $146,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.