Fintel reports that on January 15, 2025, Deutsche Bank upgraded their outlook for Digital Realty Trust (NYSE:DLR) from Hold to Buy.
Analyst Price Forecast Suggests 6.32% Upside
As of December 23, 2024, the average one-year price target for Digital Realty Trust is $185.87/share. The forecasts range from a low of $115.14 to a high of $222.60. The average price target represents an increase of 6.32% from its latest reported closing price of $174.82 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Digital Realty Trust is 5,655MM, an increase of 5.21%. The projected annual non-GAAP EPS is 1.67.
What is the Fund Sentiment?
There are 1,969 funds or institutions reporting positions in Digital Realty Trust. This is an increase of 42 owner(s) or 2.18% in the last quarter. Average portfolio weight of all funds dedicated to DLR is 0.59%, an increase of 6.24%. Total shares owned by institutions decreased in the last three months by 1.02% to 354,135K shares. 
The put/call ratio of DLR is 0.92, indicating a bullish outlook.
What are Other Shareholders Doing?
Cohen & Steers holds 24,580K shares representing 7.41% ownership of the company. In its prior filing, the firm reported owning 23,419K shares , representing an increase of 4.72%. The firm decreased its portfolio allocation in DLR by 5.17% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 12,781K shares representing 3.85% ownership of the company. In its prior filing, the firm reported owning 12,508K shares , representing an increase of 2.14%. The firm increased its portfolio allocation in DLR by 17.84% over the last quarter.
Jpmorgan Chase holds 11,178K shares representing 3.37% ownership of the company. In its prior filing, the firm reported owning 10,728K shares , representing an increase of 4.03%. The firm increased its portfolio allocation in DLR by 1,055.84% over the last quarter.
Bank Of America holds 10,639K shares representing 3.21% ownership of the company. In its prior filing, the firm reported owning 9,994K shares , representing an increase of 6.06%. The firm decreased its portfolio allocation in DLR by 73.26% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 10,388K shares representing 3.13% ownership of the company. In its prior filing, the firm reported owning 10,195K shares , representing an increase of 1.85%. The firm increased its portfolio allocation in DLR by 1.85% over the last quarter.
Digital Realty Trust Background Information
(This description is provided by the company.)
Digital Realty supports the world's leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company's global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture (PDx™) solution methodology for scaling digital business and efficiently managing data gravity challenges. Digital Realty's global data center footprint gives customers access to the connected communities that matter to them with more than 290 facilities in 49 metros across 24 countries on six continents.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
