Credit Suisse Maintains Digital Realty Trust (NYSE:DLR) As a “Neutral”; They Now Have a Price Objective Of $130

August 9, 2018 - By Robert Shackelford

Digital Realty Trust, Inc. (NYSE:DLR) Logo

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.12, from 1.05 in 2017Q4. It fall, as 61 investors sold Digital Realty Trust, Inc. shares while 192 reduced holdings. 59 funds opened positions while 177 raised stakes. 198.99 million shares or 0.90% less from 200.80 million shares in 2017Q4 were reported.

Holderness Invests invested in 0.13% or 2,550 shares. 3,912 were reported by Pinnacle Fincl. Parkside Bancorp And stated it has 85 shares or 0% of all its holdings. Gsa Capital Prtnrs Ltd Liability Partnership stated it has 0.02% in Digital Realty Trust, Inc. (NYSE:DLR). 173,278 were reported by Lvm Cap Mngmt Ltd Mi. Exane Derivatives holds 0% or 1,418 shares. Texas Permanent School Fund holds 0.07% or 53,083 shares. Moreover, Stock Yards Bancorporation Tru has 0.06% invested in Digital Realty Trust, Inc. (NYSE:DLR). Oakbrook Invests Lc owns 9,532 shares for 0.06% of their portfolio. Moreover, Acg Wealth has 0.3% invested in Digital Realty Trust, Inc. (NYSE:DLR) for 19,089 shares. Cap International Sarl, California-based fund reported 16,100 shares. Delta Cap Management Ltd Liability owns 0.18% invested in Digital Realty Trust, Inc. (NYSE:DLR) for 2,625 shares. Louisiana State Employees Retirement Systems reported 12,500 shares stake. National Ins Tx owns 22,800 shares or 0.12% of their US portfolio. Utah Retirement accumulated 46,481 shares or 0.1% of the stock.

Since June 26, 2018, it had 0 insider buys, and 4 sales for $2.32 million activity. 10,435 shares were sold by SHAM EDWARD F, worth $1.20 million.

Digital Realty Trust (NYSE:DLR) Rating Reaffirmed

Recently, In a research report shared with investors on Wednesday morning, Digital Realty Trust (NYSE:DLR) shares have had their “Neutral” Rating reiterated by research professionals at Credit Suisse, who currently has a $130 PT on company. This target by Credit Suisse means the possibile upside of 5.96 % from the last stock price.

Digital Realty Trust, Inc. (NYSE:DLR) Ratings Coverage

Among 11 analysts covering Digital Realty Trust (NYSE:DLR), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Digital Realty Trust has $141 highest and $95.0 lowest target. $126.56’s average target is 3.15% above currents $122.69 stock price. Digital Realty Trust had 17 analyst reports since February 14, 2018 according to SRatingsIntel. Cowen & Co maintained the shares of DLR in report on Friday, February 16 with “Buy” rating. BMO Capital Markets maintained it with “Market Perform” rating and $124 target in Monday, July 30 report. The stock of Digital Realty Trust, Inc. (NYSE:DLR) earned “Buy” rating by Stifel Nicolaus on Tuesday, July 17. The company was maintained on Thursday, February 15 by Jefferies. The firm earned “Neutral” rating on Friday, April 27 by Credit Suisse. The company was maintained on Thursday, May 3 by Barclays Capital. The stock of Digital Realty Trust, Inc. (NYSE:DLR) earned “Outperform” rating by Raymond James on Monday, March 12. The firm has “Hold” rating by Credit Suisse given on Friday, February 16. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 27 report. Credit Suisse maintained Digital Realty Trust, Inc. (NYSE:DLR) on Wednesday, August 8 with “Neutral” rating.

The stock increased 0.95% or $1.15 during the last trading session, reaching $122.69. About 302,773 shares traded. Digital Realty Trust, Inc. (NYSE:DLR) has declined 10.27% since August 9, 2017 and is downtrending. It has underperformed by 22.84% the S&P500.

Analysts await Digital Realty Trust, Inc. (NYSE:DLR) to report earnings on October, 24. They expect $1.63 earnings per share, up 7.95 % or $0.12 from last year’s $1.51 per share. DLR’s profit will be $340.44 million for 18.82 P/E if the $1.63 EPS becomes a reality. After $1.66 actual earnings per share reported by Digital Realty Trust, Inc. for the previous quarter, Wall Street now forecasts -1.81 % negative EPS growth.

Digital Realty Trust, Inc., a real estate investment trust , through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. The company has market cap of $25.63 billion. It focuses on strategically located properties containing applications and activities critical to the day-to-day activities of technology industry tenants and corporate enterprise datacenter users, including the information technology departments of Fortune 1000 companies, and financial services companies. It has a 121.36 P/E ratio. The companyÂ’s property portfolio consists of Internet gateway properties, corporate datacenter properties, technology manufacturing properties, and regional or national offices of technology companies.

More notable recent Digital Realty Trust, Inc. (NYSE:DLR) news were published by: Seekingalpha.com which released: “Digital Realty Trust (DLR) Q2 2018 Results – Earnings Call Transcript” on July 27, 2018, also Fool.com with their article: “Is Digital Realty Trust Still a Buy After Second-Quarter Earnings?” published on July 30, 2018, Nasdaq.com published: “Investor Expectations to Drive Momentum within Digital Realty Trust, Genesee & Wyoming, Del Frisco’s Restaurant …” on August 02, 2018. More interesting news about Digital Realty Trust, Inc. (NYSE:DLR) were released by: Seekingalpha.com and their article: “Stifel: Data-center firms in early days of growth” published on July 17, 2018 as well as Nasdaq.com‘s news article titled: “New Research: Key Drivers of Growth for Finisar, Urban Outfitters, Digital Realty Trust, GoPro, Starbucks, and Rite Aid …” with publication date: July 30, 2018.

Digital Realty Trust, Inc. (NYSE:DLR) Institutional Positions Chart

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