Vanderbilt University Acquires 2,413 Shares of Digital Realty Trust, Inc. $DLR

Key Points

• Vanderbilt University increased its holdings in Digital Realty Trust by 7.7%, acquiring an additional 2,413 shares, bringing their total to 33,749 shares, valued at approximately $5.88 million.
• Digital Realty Trust reported a quarterly earnings per share of $1.87, exceeding analysts' expectations, with a revenue increase of 10% year-over-year to $1.49 billion.
• Institutional investors own 99.71% of Digital Realty Trust's stock, indicating strong institutional interest in the company.

Vanderbilt University lifted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 7.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,749 shares of the real estate investment trust's stock after purchasing an additional 2,413 shares during the quarter. Digital Realty Trust accounts for approximately 1.1% of Vanderbilt University's investment portfolio, making the stock its 17th biggest holding. Vanderbilt University's holdings in Digital Realty Trust were worth $5,883,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Greykasell Wealth Strategies Inc. bought a new stake in shares of Digital Realty Trust in the first quarter worth $26,000. WPG Advisers LLC acquired a new position in Digital Realty Trust during the first quarter worth $30,000. 1 North Wealth Services LLC acquired a new position in Digital Realty Trust during the first quarter worth $31,000. Key Financial Inc increased its holdings in Digital Realty Trust by 114.0% during the first quarter. Key Financial Inc now owns 259 shares of the real estate investment trust's stock worth $37,000 after buying an additional 138 shares during the last quarter. Finally, Opal Wealth Advisors LLC acquired a new position in Digital Realty Trust during the first quarter worth $38,000. Institutional investors own 99.71% of the company's stock.

Insiders Place Their Bets

In related news, CEO Andrew Power sold 53,269 shares of the company's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $175.16, for a total transaction of $9,330,598.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.13% of the stock is owned by corporate insiders.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock opened at $173.67 on Friday. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 0.82. The company has a 50-day simple moving average of $170.03 and a two-hundred day simple moving average of $165.75. The stock has a market capitalization of $59.23 billion, a price-to-earnings ratio of 45.58, a price-to-earnings-growth ratio of 4.93 and a beta of 0.96.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.74 by $0.13. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The business had revenue of $1.49 billion during the quarter, compared to analysts' expectations of $1.44 billion. During the same quarter in the prior year, the business posted $1.65 earnings per share. Digital Realty Trust's revenue was up 10.0% compared to the same quarter last year. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. Analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust's dividend payout ratio is currently 128.08%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on DLR shares. Raymond James Financial boosted their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a "strong-buy" rating in a report on Friday, July 25th. Stifel Nicolaus boosted their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Truist Financial set a $199.00 price objective on shares of Digital Realty Trust and gave the company a "buy" rating in a report on Wednesday, July 30th. Barclays upped their price objective on shares of Digital Realty Trust from $140.00 to $141.00 and gave the company an "underweight" rating in a report on Wednesday, August 20th. Finally, Citigroup reiterated a "buy" rating on shares of Digital Realty Trust in a report on Tuesday, August 26th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Digital Realty Trust has an average rating of "Moderate Buy" and an average price target of $190.74.

Digital Realty Trust Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.

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