Trust Co. of Vermont Purchases New Shares in Digital Realty Trust, Inc. $DLR

Key Points

• Trust Co. of Vermont purchased 8,671 shares of Digital Realty Trust during the second quarter, valued at approximately $1.56 million. Institutional investors collectively own 99.71% of the company.
• Digital Realty shares opened at $195.49, near the upper end of their 12-month range. The company’s latest quarterly revenue rose 28.9% year over year to $1.92 billion, though adjusted EPS of $1.21 missed analyst expectations.
• The REIT declared a quarterly dividend of $1.22 per share, equivalent to an annualized $4.88 payout and a 2.5% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $219.45.

Trust Co. of Vermont purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,671 shares of the real estate investment trust's stock, valued at approximately $1,557,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Digital Realty Trust by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust's stock worth $8,394,620,000 after acquiring an additional 854,828 shares during the last quarter. Cohen & Steers Inc. boosted its holdings in Digital Realty Trust by 18.0% in the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust's stock valued at $4,332,366,000 after purchasing an additional 4,276,073 shares during the last quarter. Norges Bank acquired a new stake in Digital Realty Trust during the 4th quarter valued at approximately $3,402,995,000. State Street Corp grew its stake in Digital Realty Trust by 1.1% during the 4th quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust's stock valued at $3,219,256,000 after purchasing an additional 231,933 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in Digital Realty Trust by 6.0% during the 1st quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust's stock worth $1,706,714,000 after purchasing an additional 534,158 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $195.49 on Wednesday. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $72.34 billion, a price-to-earnings ratio of 94.90, a price-to-earnings-growth ratio of 5.67 and a beta of 1.03. The business has a 50 day simple moving average of $186.30 and a 200-day simple moving average of $185.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business's revenue was up 28.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities research analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust's dividend payout ratio is 236.89%.

Wall Street Analysts Forecast Growth

DLR has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a "buy" rating and set a $215.00 target price on shares of Digital Realty Trust in a research note on Friday, April 24th. Guggenheim upgraded shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and set a $200.00 price target for the company in a research note on Wednesday, July 15th. Wells Fargo & Company raised shares of Digital Realty Trust from an "overweight" rating to a "buy" rating in a report on Wednesday, August 5th. Cantor Fitzgerald raised their price objective on shares of Digital Realty Trust from $211.00 to $221.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Finally, TD Cowen raised shares of Digital Realty Trust from a "hold" rating to a "buy" rating and boosted their target price for the stock from $192.00 to $222.00 in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $219.45.

Digital Realty Trust Profile

Digital Realty Trust, Inc NYSE: DLR is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty's offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty's product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.

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