Vanguard Personalized Indexing Management LLC Buys 10,516 Shares of Digital Realty Trust, Inc. $DLR

Key Points

• Vanguard Personalized Indexing Management LLC significantly increased its stake in Digital Realty Trust by 34.9% in Q2, adding 10,516 shares for a total holding valued at $7,092,000.
• Digital Realty Trust reported earnings of $1.87 per share for the latest quarter, surpassing estimates, with revenues up 10% year-over-year.
• The recent quarterly dividend of $1.22 per share represents an annualized yield of 2.9% and a payout ratio of 128.08%.

Vanguard Personalized Indexing Management LLC grew its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 34.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,677 shares of the real estate investment trust's stock after purchasing an additional 10,516 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Digital Realty Trust were worth $7,092,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bison Wealth LLC boosted its position in Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust's stock worth $471,000 after purchasing an additional 390 shares during the last quarter. Farther Finance Advisors LLC boosted its position in Digital Realty Trust by 36.3% in the first quarter. Farther Finance Advisors LLC now owns 3,684 shares of the real estate investment trust's stock worth $538,000 after purchasing an additional 981 shares during the last quarter. Integrated Advisors Network LLC boosted its position in Digital Realty Trust by 8.9% in the first quarter. Integrated Advisors Network LLC now owns 1,915 shares of the real estate investment trust's stock worth $274,000 after purchasing an additional 157 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in Digital Realty Trust by 27.4% in the first quarter. Assenagon Asset Management S.A. now owns 30,707 shares of the real estate investment trust's stock worth $4,400,000 after purchasing an additional 6,610 shares during the last quarter. Finally, Simon Quick Advisors LLC boosted its position in Digital Realty Trust by 12.4% in the first quarter. Simon Quick Advisors LLC now owns 1,801 shares of the real estate investment trust's stock worth $258,000 after purchasing an additional 199 shares during the last quarter. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Stock Performance

Shares of DLR opened at $168.62 on Monday. The firm has a market cap of $57.51 billion, a PE ratio of 44.26, a PEG ratio of 4.75 and a beta of 0.96. The stock's fifty day moving average price is $169.81 and its two-hundred day moving average price is $166.97. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.22 and a quick ratio of 2.22. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.13. The firm had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.44 billion. Digital Realty Trust had a return on equity of 6.46% and a net margin of 23.98%.The business's revenue was up 10.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.65 earnings per share. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. On average, equities research analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, September 15th. Digital Realty Trust's payout ratio is presently 128.08%.

Insider Activity

In related news, CEO Andrew Power sold 53,269 shares of the business's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $175.16, for a total transaction of $9,330,598.04. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.17% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on DLR. Weiss Ratings reissued a "buy (b-)" rating on shares of Digital Realty Trust in a research report on Wednesday, October 8th. Wells Fargo & Company boosted their price objective on Digital Realty Trust from $185.00 to $195.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Citigroup reissued a "buy" rating on shares of Digital Realty Trust in a research report on Tuesday, August 26th. Truist Financial set a $199.00 price objective on Digital Realty Trust and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Finally, Guggenheim started coverage on Digital Realty Trust in a research note on Wednesday, July 9th. They issued a "neutral" rating on the stock. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $191.05.

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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