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

Nomura Asset Management Co. Ltd. increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 4.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor 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 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in DLR. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Digital Realty Trust in the 3rd quarter valued at $354,000. Cerity Partners LLC increased its holdings in shares of Digital Realty Trust by 63.6% during the 3rd quarter. Cerity Partners LLC now owns 46,355 shares of the real estate investment trust's stock worth $7,502,000 after buying an additional 18,024 shares during the last quarter. Kingsview Wealth Management LLC raised its position in shares of Digital Realty Trust by 11.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 2,549 shares of the real estate investment trust's stock valued at $413,000 after buying an additional 272 shares during the period. DRW Securities LLC acquired a new position in Digital Realty Trust in the third quarter valued at approximately $201,000. Finally, Dai ichi Life Insurance Company Ltd grew its position in Digital Realty Trust by 70.5% in the third quarter. Dai ichi Life Insurance Company Ltd now owns 14,510 shares of the real estate investment trust's stock worth $2,348,000 after acquiring an additional 6,000 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Truist Financial decreased their price target on Digital Realty Trust from $201.00 to $185.00 and set a "buy" rating on the stock in a research note on Monday, March 10th. Wells Fargo & Company lowered their target price on shares of Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. Barclays reduced their price target on shares of Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating on the stock in a research note on Thursday, March 20th. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a "hold" rating to a "buy" rating and lifted their target price for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Finally, JMP Securities restated a "market outperform" rating and set a $220.00 price target on shares of Digital Realty Trust in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $180.32.

Digital Realty Trust Stock Up 0.7 %

NYSE:DLR traded up $1.06 during trading hours on Tuesday, hitting $144.35. The company's stock had a trading volume of 520,772 shares, compared to its average volume of 2,497,029. The stock has a market capitalization of $48.60 billion, a P/E ratio of 89.11, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The stock has a fifty day moving average of $159.40 and a 200-day moving average of $169.80. Digital Realty Trust, Inc. has a 52-week low of $135.54 and a 52-week high of $198.00.

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

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is 301.23%.

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.