Digital Realty Trust (DLR)

• Market cap: $55.7B
• 1 day: -3.86%
• 5 days: 0.33%
• 1 month: -9.92%
• 3 months: -11.75%
• 6 months: 10.42%
• Year to date: -6.58%
• 1 year: 22.01%
• 5 years: 19.71%
• 10 years: 143.43%
• 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 Q4 regulatory filings by fund managers ($100M+ AUM)

118% more first-time investments, than exits

New positions opened: 174 | Existing positions closed: 80

62% more call options, than puts

Call options by funds: $493M | Put options by funds: $304M

45% more funds holding in top 10

Funds holding in top 10: 20 [Q3] → 29 (+9) [Q4]

14% more capital invested

Capital invested by funds: $50.6B [Q3] → $57.6B (+$7.01B) [Q4]

5% more funds holding

Funds holding: 1,091 [Q3] → 1,147 (+56) [Q4]

1.5% more ownership

Funds ownership: 96.38% [Q3] → 97.89% (+1.5%) [Q4]

0% more repeat investments, than reductions

Existing positions increased: 412 | Existing positions reduced: 410

Research analyst outlook

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

• Low target: $185 12% upside
• Avg. target: $200 21% upside
• High target: $220 33% upside

6 analyst ratings

• positive: 6 100%
• neutral: 0 0%
• negative: 0 0%

JMP Securities Greg Miller 0 / 0 met price target	33% upside $220	Market Outperform Reiterated	18 Feb 2025
Scotiabank Maher Yaghi 71% 1-year accuracy 12 / 17 met price target	26% upside $208	Sector Outperform Upgraded	18 Feb 2025
JP Morgan Richard Choe 56% 1-year accuracy 5 / 9 met price target	15% upside $190	Overweight Maintained	14 Feb 2025
Wells Fargo Eric Luebchow 60% 1-year accuracy 29 / 48 met price target	12% upside $185	Overweight Maintained	4 Feb 2025
Deutsche Bank Matthew Niknam 56% 1-year accuracy 10 / 18 met price target	17% upside $194	Buy Upgraded	15 Jan 2025