Multiple sources have highlighted Digital Realty Trust Inc.(DLR) as a leading real estate stock, particularly for beginners. Marshall Wace LLP and Fred Alger Management LLC have recently increased their stakes in DLR, and Bank of Montreal has purchased an additional 238,405 shares. DigitalBridge Group Inc. also bought 198,667 shares. The stock has been reported to be on an upward trajectory, as shown by hitting a 52-week high of $162.7. This positive performance can be attributed to the expansion of AI, favorable Q2 earnings, and successful common stock offerings. Targets for monthly earnings from DLR stock have been discussed. However, it has been noted that DLR stock has occasionally underperformed compared to competitors. DigitalBridge Group Inc. has been rated as \"Moderate Buy\" by analysts. Joint ventures have been initiated with corporations like Mitsubishi, and the company has declared quarterly cash dividends for common and preferred stock. The Q2 earnings resulted in a revenue miss but a beat in estimates.
Digital Realty Trust DLR News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Sun, 29 Sep 2024 08:42:24 GMT - Rating 7 - Innovation 4 - Information 8 - Rumor 3
