Mizuho Securities USA LLC Increases Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Mizuho Securities USA LLC boosted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 48.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,553 shares of the real estate investment trust's stock after buying an additional 9,596 shares during the quarter. Mizuho Securities USA LLC's holdings in Digital Realty Trust were worth $5,241,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of DLR. Stolper Co increased its holdings in Digital Realty Trust by 0.5% during the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust's stock worth $2,243,000 after purchasing an additional 64 shares during the period. Bleakley Financial Group LLC increased its stake in shares of Digital Realty Trust by 1.5% during the fourth quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust's stock worth $769,000 after buying an additional 64 shares during the period. TD Private Client Wealth LLC raised its holdings in Digital Realty Trust by 6.6% in the third quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust's stock valued at $176,000 after acquiring an additional 67 shares in the last quarter. Catalina Capital Group LLC grew its holdings in Digital Realty Trust by 3.1% during the 4th quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust's stock worth $424,000 after acquiring an additional 72 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings in Digital Realty Trust by 25.9% during the 4th quarter. Sound Income Strategies LLC now owns 355 shares of the real estate investment trust's stock worth $63,000 after acquiring an additional 73 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

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Wall Street Analyst Weigh In

DLR has been the subject of a number of analyst reports. Barclays lowered their target price on shares of Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a research note on Thursday, March 20th. JMP Securities reiterated a "market outperform" rating and issued a $220.00 price objective on shares of Digital Realty Trust in a report on Tuesday, February 18th. Citizens Jmp upgraded Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. JPMorgan Chase & Co. increased their price target on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Finally, StockNews.com downgraded shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 22nd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $179.95.

Digital Realty Trust Stock Performance

DLR traded down $4.45 during trading on Thursday, hitting $144.95. The stock had a trading volume of 2,706,444 shares, compared to its average volume of 1,876,127. The firm has a market capitalization of $48.80 billion, a P/E ratio of 89.48, a PEG ratio of 4.38 and a beta of 0.65. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00. The company's 50-day moving average price is $161.53 and its 200 day moving average price is $169.97.

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

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Friday, March 14th. Digital Realty Trust's dividend payout ratio 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.