Digital Realty Trust, Inc. (NYSE:DLR) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of Digital Realty Trust, Inc. (NYSE:DLR - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the twenty-two analysts that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, fourteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $179.95.

A number of research analysts have recently commented on DLR shares. JMP Securities restated a "market outperform" rating and issued a $220.00 target price on shares of Digital Realty Trust in a research note on Tuesday, February 18th. Wells Fargo & Company lowered their price objective on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Scotiabank raised shares of Digital Realty Trust from a "sector perform" rating to a "sector outperform" rating and set a $208.00 target price on the stock in a research report on Tuesday, February 18th. Stifel Nicolaus increased their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. Finally, Citizens Jmp upgraded shares of Digital Realty Trust to a "strong-buy" rating in a report on Monday, January 27th.

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Institutional Investors Weigh In On Digital Realty Trust

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sierra Ocean LLC purchased a new stake in Digital Realty Trust during the fourth quarter valued at approximately $29,000. FNY Investment Advisers LLC purchased a new stake in shares of Digital Realty Trust in the 4th quarter worth $35,000. Fairway Wealth LLC bought a new stake in Digital Realty Trust during the fourth quarter valued at about $35,000. Versant Capital Management Inc increased its position in Digital Realty Trust by 480.6% in the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust's stock worth $37,000 after buying an additional 173 shares in the last quarter. Finally, Centricity Wealth Management LLC bought a new position in shares of Digital Realty Trust in the fourth quarter worth about $37,000. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Trading Down 0.4 %

DLR stock traded down $0.65 on Tuesday, reaching $150.76. The company's stock had a trading volume of 1,848,743 shares, compared to its average volume of 1,859,410. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The business has a fifty day simple moving average of $163.27 and a two-hundred day simple moving average of $169.78. The firm has a market cap of $50.75 billion, a PE ratio of 92.88, a PEG ratio of 4.38 and a beta of 0.65. Digital Realty Trust has a 12-month low of $135.54 and a 12-month high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced 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 net margin of 10.85% and a return on equity of 2.97%. As a group, research analysts forecast that Digital Realty Trust will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $1.22 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.24%. Digital Realty Trust's dividend payout ratio (DPR) is currently 301.23%.

About Digital Realty Trust

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.