Digital Realty Trust (DLR)

• Market cap: $59.6B
• 1 day: 0.82%
• 5 days: -1.39%
• 1 month: 11.45%
• 3 months: 19.89%
• 6 months: 24.22%
• Year to date: 32.86%
• 1 year: 33.48%
• 5 years: 51.15%
• 10 years: 158.85%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. The company operates as a real estate investment trust.

Employees: 3,664

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

18% more call options, than puts

Call options by funds: $459M | Put options by funds: $389M

17% more repeat investments, than reductions

Existing positions increased: 435 | Existing positions reduced: 372

0% less funds holding

Funds holding: 1,072 [Q2] → 1,067 (-5) [Q3]

1% less capital invested

Capital invested by funds: $49.4B [Q2] → $48.6B (-$721M) [Q3]

4% less first-time investments, than exits

New positions opened: 109 | Existing positions closed: 114

7.79% less ownership

Funds ownership: 100.58% [Q2] → 92.78% (-7.79%) [Q3]

23% less funds holding in top 10

Funds holding in top 10: 26 [Q2] → 20 (-6) [Q3]

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $128 29% downside
• Avg. target: $179 1% downside
• High target: $207 15% upside

14 analyst ratings

• positive: 10 71%
• neutral: 3 21%
• negative: 1 7%

Truist Securities Anthony Hau 50% 1-year accuracy 13 / 26 met price target	12% upside $202	Buy Maintained	12 Nov 2024
RBC Capital Jonathan Atkin 67% 1-year accuracy 10 / 15 met price target	15% upside $207	Outperform Maintained	28 Oct 2024
TD Cowen Michael Elias 56% 1-year accuracy 5 / 9 met price target	29% downside $128	Hold Maintained	25 Oct 2024
Raymond James Frank Louthan 45% 1-year accuracy 5 / 11 met price target	6% upside $190	Strong Buy Maintained	25 Oct 2024
Jefferies Jonathan Petersen 46% 1-year accuracy 6 / 13 met price target	14% upside $205	Buy Maintained	25 Oct 2024