Digital Realty Trust, Inc. (NYSE:DLR – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty brokerages that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $151.20.

Several research firms have recently commented on DLR. Truist Financial boosted their price target on shares of Digital Realty Trust from $145.00 to $158.00 and gave the company a “buy” rating in a report on Monday, March 18th. BMO Capital Markets raised shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $144.00 to $170.00 in a research report on Wednesday, June 26th. HSBC lifted their price objective on shares of Digital Realty Trust from $115.00 to $118.00 and gave the stock a “reduce” rating in a research report on Friday, May 3rd. Stifel Nicolaus lifted their price objective on shares of Digital Realty Trust from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday. Finally, TD Cowen boosted their target price on shares of Digital Realty Trust from $116.00 to $122.00 and gave the stock a “hold” rating in a research report on Friday, May 3rd.

View Our Latest Stock Analysis on DLR

Digital Realty Trust Stock Up 0.4 %

Shares of Digital Realty Trust stock opened at $158.35 on Thursday. The company has a market cap of $49.47 billion, a price-to-earnings ratio of 43.99, a price-to-earnings-growth ratio of 20.74 and a beta of 0.59. The company’s 50 day moving average is $147.33 and its 200 day moving average is $143.06. Digital Realty Trust has a twelve month low of $113.94 and a twelve month high of $160.46. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.91.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.08%. The ex-dividend date was Friday, June 14th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

Institutional Trading of Digital Realty Trust

Several hedge funds have recently made changes to their positions in the business. Gilman Hill Asset Management LLC raised its holdings in Digital Realty Trust by 1.1% in the second quarter. Gilman Hill Asset Management LLC now owns 6,179 shares of the real estate investment trust’s stock valued at $940,000 after acquiring an additional 65 shares in the last quarter. Gladstone Institutional Advisory LLC raised its holdings in Digital Realty Trust by 1.2% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 6,301 shares of the real estate investment trust’s stock worth $848,000 after purchasing an additional 72 shares in the last quarter. Schechter Investment Advisors LLC raised its holdings in Digital Realty Trust by 2.4% during the fourth quarter. Schechter Investment Advisors LLC now owns 3,347 shares of the real estate investment trust’s stock worth $450,000 after purchasing an additional 78 shares in the last quarter. CHICAGO TRUST Co NA raised its holdings in Digital Realty Trust by 5.1% during the second quarter. CHICAGO TRUST Co NA now owns 1,713 shares of the real estate investment trust’s stock worth $260,000 after purchasing an additional 83 shares in the last quarter. Finally, CENTRAL TRUST Co raised its holdings in Digital Realty Trust by 13.6% during the first quarter. CENTRAL TRUST Co now owns 700 shares of the real estate investment trust’s stock worth $101,000 after purchasing an additional 84 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

About Digital Realty Trust

(Get Free Report

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.

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