Bank of New York Mellon Corp has decreased its stake in
Digital Realty Trust, while
QRG Capital Management Inc. and
Proficio Capital Partners LLC have increased their positions. These moves come as the stock has generated debate about its valuation. It has also reported its
quarterly dividends and plans for 2025, and is described as an ideal dip-buying opportunity.
National Pension Service and various other firms have also boosted their holdings in the stock. In contrast, other entities including
Y Intercept Hong Kong Ltd and
New York Life Investment Management LLC have decreased their holdings. It was also revealed that
Digital Realty Trust has posted its Q4 earnings, which painted a mixed picture. Analyses indicate that the stock is not worth the current price, but argue it is well-positioned for
AI-driven growth. Recent readings from
Scotiabank and other institutions have upgraded the stock rating, recognizing its potential in the
data center domain due to rising AI and hyperscale demand.
Digital Realty Trust DLR News Analytics from Thu, 26 Sep 2024 07:00:00 GMT to Sat, 01 Mar 2025 20:29:49 GMT -
Rating -1
- Innovation 7
- Information 6
- Rumor -2
