Digital Realty Trust (DLR) has attracted significant attention in the investment world, with different entities adjusting their stock positions. Well-known establishments like the Employees Retirement System of Texas, FIL Ltd, and Fmr LLC have strengthened their holdings in DLR. Significant purchases were also made by entities such as World Investment Advisors, Prudential PLC, and Resona Asset Management Co. Ltd. Conversely, others like Franklin Resources Inc. and Legal & General Group Plc have lessened their DLR stake. Discussing performance, views seem split, with the company's stock underperforming the real estate sector, yet lifting due to unmentioned factors.
DLR's earnings results continue to fuel discussions, with mixed Q4 results but a surpassing of Q4 FFO estimates. The company's outlook looks promising, driven by the success of their data centers and an increased price target. Interest in DLR's growth potential has come from its budding AI data centers and the surge in data center demand. The company has experienced lows, hitting a new 1-year low, but UBS ultimately upgraded DLR to 'Buy'. Critical business moves have included the formation of a joint venture in Indonesia and senior notes offering to raise $1B.
Digital Realty Trust DLR News Analytics from Thu, 26 Sep 2024 07:00:00 GMT to Sat, 12 Apr 2025 20:17:19 GMT - Rating 4 - Innovation 2 - Information 7 - Rumor 1
