Could Digital Realty Trust, Inc. (DLR) Skyrocket Even More? The Stock Just Made 52-Week High

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

Investors sentiment increased to 1.13 in 2019 Q1. Its up 0.15, from 0.98 in 2018Q4. It is positive, as 38 investors sold Digital Realty Trust, Inc. shares while 172 reduced holdings. 51 funds opened positions while 186 raised stakes. 208.27 million shares or 0.64% more from 206.95 million shares in 2018Q4 were reported.
Commerzbank Aktiengesellschaft Fi accumulated 4,146 shares or 0% of the stock. Stock Yards Bancorp invested in 0.06% or 4,920 shares. Benjamin F Edwards & Communications holds 6,416 shares or 0.07% of its portfolio. 8,280 are owned by Raymond James Na. A D Beadell Investment Counsel Inc has 0.6% invested in Digital Realty Trust, Inc. (NYSE:DLR) for 5,710 shares. Franklin Res Incorporated stated it has 0.01% of its portfolio in Digital Realty Trust, Inc. (NYSE:DLR). Ameritas Inv invested in 10,850 shares or 0.06% of the stock. Haverford Trust Co has 0% invested in Digital Realty Trust, Inc. (NYSE:DLR) for 2,012 shares. Cleararc invested 0.11% of its portfolio in Digital Realty Trust, Inc. (NYSE:DLR). 43 are held by Dubuque Commercial Bank Company. Sei owns 358,173 shares. Livforsakringsbolaget Skandia Omsesidigt invested in 1,827 shares. M&T Savings Bank has invested 0.07% in Digital Realty Trust, Inc. (NYSE:DLR). Suntrust Banks holds 0.13% or 202,979 shares. Piedmont Invest Advsr owns 3,344 shares for 0.02% of their portfolio.

The stock of Digital Realty Trust, Inc. (NYSE:DLR) hit a new 52-week high and has $133.64 target or 4.00 % above today’s $128.50 share price. The 5 months bullish chart indicates low risk for the $25.93B company. The 1-year high was reported on Sep, 11 by Barchart.com. If the $133.64 price target is reached, the company will be worth $1.04 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.67% or $0.85 during the last trading session, reaching $128.5. About 1.29M shares traded or 26.21% up from the average. Digital Realty Trust, Inc. (NYSE:DLR) has declined 5.29% since September 11, 2018 and is downtrending. It has underperformed by 5.29% the S&P500.

Analysts await Digital Realty Trust, Inc. (NYSE:DLR) to report earnings on October, 24. They expect $1.64 EPS, up 0.61 % or $0.01 from last year’s $1.63 per share. DLR’s profit will be $330.92 million for 19.59 P/E if the $1.64 EPS becomes a reality. After $1.64 actual EPS reported by Digital Realty Trust, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

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

Among 2 analysts covering Digital Realty Trust (NYSE:DLR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Digital Realty Trust has $14700 highest and $120 lowest target. $133.50’s average target is 3.89% above currents $128.5 stock price. Digital Realty Trust had 7 analyst reports since March 25, 2019 according to SRatingsIntel. The stock of Digital Realty Trust, Inc. (NYSE:DLR) earned “Market Perform” rating by Raymond James on Monday, March 25. The rating was maintained by Barclays Capital on Friday, August 30 with “Overweight”.

More notable recent Digital Realty Trust, Inc. (NYSE:DLR) news were published by: Finance.Yahoo.com which released: “If You Like EPS Growth Then Check Out Digital Realty Trust (NYSE:DLR) Before It’s Too Late – Yahoo Finance” on June 11, 2019, also Seekingalpha.com with their article: “Digital Realty: Attractive Valuation In Growing Industry – Seeking Alpha” published on August 22, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About Digital Realty Trust, Inc. (DLR) – Yahoo Finance” on June 23, 2019. More interesting news about Digital Realty Trust, Inc. (NYSE:DLR) were released by: Finance.Yahoo.com and their article: “Did Business Growth Power Digital Realty Trust’s (NYSE:DLR) Share Price Gain of 105%? – Yahoo Finance” published on May 16, 2019 as well as Seekingalpha.com‘s news article titled: “Digital Realty Trust: This 5.85% Preferred Stock IPO Has Begun Trading On The NYSE – Seeking Alpha” with publication date: March 24, 2019.

Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. The company has market cap of $25.93 billion. Digital Realty's clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products. It has a 117.78 P/E ratio. Additional information about Digital Realty is included in the Company Overview, available on the Investors page of Digital Realty's website at www.digitalrealty.com.

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

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