Vanderbilt University Has $5.88 Million Position in Digital Realty Trust, Inc. $DLR

Vanderbilt University grew its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 7.7% during the second quarter, HoldingsChannel reports. The firm owned 33,749 shares of the real estate investment trust’s stock after buying an additional 2,413 shares during the quarter. Digital Realty Trust accounts for about 1.1% of Vanderbilt University’s investment portfolio, making the stock its 17th largest holding. Vanderbilt University’s holdings in Digital Realty Trust were worth $5,883,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in DLR. Greykasell Wealth Strategies Inc. acquired a new stake in shares of Digital Realty Trust in the 1st quarter valued at approximately $26,000. WPG Advisers LLC acquired a new stake in shares of Digital Realty Trust in the 1st quarter valued at approximately $30,000. 1 North Wealth Services LLC bought a new position in Digital Realty Trust in the 1st quarter valued at approximately $31,000. Key Financial Inc raised its holdings in Digital Realty Trust by 114.0% in the 1st quarter. Key Financial Inc now owns 259 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 138 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new position in Digital Realty Trust in the 1st quarter valued at approximately $38,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Digital Realty Trust

In other news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction on Monday, September 15th. The shares were sold at an average price of $175.16, for a total value of $9,330,598.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.13% of the stock is owned by corporate insiders.

Digital Realty Trust Stock Up 1.3%

Digital Realty Trust stock opened at $173.67 on Friday. The firm has a 50 day moving average price of $170.03 and a two-hundred day moving average price of $165.75. The firm has a market cap of $59.23 billion, a price-to-earnings ratio of 45.58, a PEG ratio of 4.93 and a beta of 0.96. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.22 and a current ratio of 2.22. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $198.00.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.13. The company had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.44 billion. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. Digital Realty Trust’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.65 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. Equities analysts predict 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. Stockholders of record on Monday, September 15th were paid a $1.22 dividend. The ex-dividend date was Monday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust’s payout ratio is currently 128.08%.

Analysts Set New Price Targets

DLR has been the subject of a number of research reports. Citigroup reiterated a “buy” rating on shares of Digital Realty Trust in a report on Tuesday, August 26th. Wells Fargo & Company raised their price objective on shares of Digital Realty Trust from $185.00 to $195.00 and gave the company an “overweight” 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. Stifel Nicolaus raised their price target 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. Finally, Barclays raised their price target on shares of Digital Realty Trust from $140.00 to $141.00 and gave the stock an “underweight” rating in a report on Wednesday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $190.74.

Digital Realty Trust Company 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.