Digital Realty Trust (NYSE:DLR) Price Target Raised to $119.00 at Barclays

Digital Realty Trust (NYSE:DLRFree Report) had its target price raised by Barclays from $110.00 to $119.00 in a research note published on Tuesday morning, Benzinga reports. The firm currently has an underweight rating on the real estate investment trust’s stock.

Several other research firms also recently issued reports on DLR. Stifel Nicolaus upped their target price on Digital Realty Trust from $155.00 to $160.00 and gave the company a buy rating in a research report on Friday, February 16th. Royal Bank of Canada reissued an outperform rating and issued a $144.00 target price on shares of Digital Realty Trust in a research report on Friday, February 16th. Wells Fargo & Company increased their price target on Digital Realty Trust from $125.00 to $135.00 and gave the stock an equal weight rating in a research report on Thursday, February 8th. KeyCorp began coverage on Digital Realty Trust in a research report on Wednesday, December 6th. They set a sector weight rating on the stock. Finally, StockNews.com downgraded Digital Realty Trust from a hold rating to a sell rating in a research report on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of $136.53.

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Digital Realty Trust Price Performance

NYSE DLR opened at $149.48 on Tuesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14. The stock’s fifty day moving average price is $140.83 and its 200 day moving average price is $132.91. Digital Realty Trust has a 1 year low of $86.33 and a 1 year high of $154.18. The company has a market cap of $46.68 billion, a price-to-earnings ratio of 50.33, a PEG ratio of 1.71 and a beta of 0.54.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Investors of record on Friday, March 15th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend is Thursday, March 14th. Digital Realty Trust’s dividend payout ratio is presently 164.31%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Operose Advisors LLC acquired a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $27,000. Carolinas Wealth Consulting LLC increased its holdings in shares of Digital Realty Trust by 156.1% during the 1st quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 167 shares during the last quarter. Clear Street Markets LLC increased its holdings in shares of Digital Realty Trust by 28,900.0% during the 4th quarter. Clear Street Markets LLC now owns 290 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 289 shares during the last quarter. Baldwin Brothers LLC MA increased its holdings in shares of Digital Realty Trust by 528.6% during the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 185 shares during the last quarter. Finally, Bfsg LLC acquired a new stake in Digital Realty Trust in the 4th quarter valued at approximately $31,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Company Profile

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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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Analyst Recommendations for Digital Realty Trust (NYSE:DLR)

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