Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. boosted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 505,977 shares of the real estate investment trust’s stock after purchasing an additional 23,225 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.15% of Digital Realty Trust worth $89,725,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DLR. Private Advisor Group LLC raised its holdings in shares of Digital Realty Trust by 4.1% during the fourth quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust’s stock worth $2,400,000 after purchasing an additional 527 shares during the period. AEGON ASSET MANAGEMENT UK Plc lifted its holdings in shares of Digital Realty Trust by 17.7% during the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock valued at $11,768,000 after purchasing an additional 9,959 shares during the last quarter. Capital Investment Advisors LLC boosted its stake in Digital Realty Trust by 26.4% in the 4th quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock worth $9,682,000 after purchasing an additional 11,405 shares during the period. Rockefeller Capital Management L.P. raised its position in Digital Realty Trust by 6.4% during the third quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust’s stock valued at $61,643,000 after buying an additional 23,028 shares during the period. Finally, Leavell Investment Management Inc. lifted its position in Digital Realty Trust by 74.1% in the 4th quarter. Leavell Investment Management Inc. now owns 18,283 shares of the real estate investment trust’s stock worth $3,262,000 after buying an additional 7,781 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. boosted their price target on Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Scotiabank upgraded Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price objective on the stock in a research note on Tuesday, February 18th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Wells Fargo & Company cut their price target on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. Finally, StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 22nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust has an average rating of “Moderate Buy” and a consensus price target of $179.95.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $144.95 on Friday. The firm has a 50 day simple moving average of $160.83 and a 200 day simple moving average of $169.80. The firm has a market cap of $48.80 billion, a P/E ratio of 89.48, a P/E/G ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Sell-side analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.37%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 301.23%.

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.