Many Digital Realty Trust, Inc.(DLR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Digital Realty Trust was Downgraded by Deutsche Bank on Jan 9, 2017 to Hold, Lowers Price Target to $ 106 from a previous price target of $108 .Digital Realty Trust was Upgraded by Citigroup to Buy on Dec 8, 2016. Digital Realty Trust was Initiated by Guggenheim to Neutral on Dec 2, 2016.
Company has reported several Insider transactions to the SEC, on Jan 6, 2017, Joshua A. Mills (SVP & General Counsel) sold 9,239 shares at 102.50 per share price.On Sep 16, 2016, Edward F Sham (Sr. Vice President, Controller) sold 14,701 shares at 92.62 per share price.On May 6, 2016, Bernard Geoghegan (Managing Director, EMEA & APAC) sold 586 shares at 90.70 per share price.
Digital Realty Trust Last issued its quarterly earnings results on Oct 27, 2016. The company reported $1.44 EPS for the quarter. Analyst had a consensus estimate of $1.44. The company had revenue of $546.30 million for the quarter, compared to analysts expectations of $534.67 million. The companys revenue was up 25.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.28 EPS.
Digital Realty Trust, Inc. (NYSE:DLR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.13 by 15 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 8 Brokerage Firms have advised hold.
Digital Realty Trust, Inc. (NYSE:DLR): The mean estimate for the short term price target for Digital Realty Trust, Inc. (NYSE:DLR) stands at $109.69 according to 13 Analysts. The higher price target estimate for the stock has been calculated at $126 while the lower price target estimate is at $98.
Digital Realty Trust, Inc. (NYSE:DLR) witnessed a decline in the market cap on Tuesday as its shares dropped 1.81% or 1.94 points. After the session commenced at $107.2, the stock reached the higher end at $107.2 while it hit a low of $105. With the volume soaring to 1,837,548 shares, the last trade was called at $105.3. The company has a 52-week high of $113.21. The company has a market cap of $16,736 million and there are 158,935,110 shares in outstanding. The 52-week low of the share price is $76.93.
Digital Realty Trust owns, acquires, repositions and manages technology-related real estate. The Companys properties contain applications and operations critical to the day-to-day operations of technology industry tenants.