Digital Realty Trust Inc. (DLR) underwent a series of significant financial activities reflecting a vibrant investment interest.
Buckingham Capital Management currently holds a $712,000 stake in DLR, while
Victory Capital Management increased its holdings.
Sun Life Financial Inc. invested a substantial $2.82 billion. In terms of performance, DLR's stock periodically underperformed compared to its competitors, though it also saw significant outperformance on several days. Even amidst mixed quarterly results and earnings calls, analysts from
TD Cowen and
HSBC have increased their price targets for DLR. DLR declared a quarterly dividend of $1.22 and celebrated a 5% dividend hike. The company also launched a $1.5 billion stock offering and formed a data center joint venture with
Mitsubishi Corporation. Even though there were some misses in Q4 FFO and revenue estimates, DLR managed to beat Q4 FFO estimates along with FFO & Revenues in Q1. Significant hikes in relative strength ratings along with positive stock market gains were notable. However, DLR's 2024 guidance was deemed underwhelming. Yet, Raymond James & Associates and Charles Schwab Investment Management Inc. increased their DLR holdings, indicating continued investor interest.
Digital Realty Trust DLR News Analytics from Mon, 28 Aug 2023 07:00:00 GMT to Sun, 12 May 2024 21:11:27 GMT -
Rating 8
- Innovation -2
- Information 9
- Rumor 4
