Nomura Asset Management Co. Ltd. Sells 10,507 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Nomura Asset Management Co. Ltd. trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 2.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 482,752 shares of the real estate investment trust's stock after selling 10,507 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.15% of Digital Realty Trust worth $78,124,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DLR. Y Intercept Hong Kong Ltd boosted its position in Digital Realty Trust by 106.2% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 22,905 shares of the real estate investment trust's stock valued at $3,707,000 after purchasing an additional 11,799 shares during the period. MML Investors Services LLC boosted its holdings in shares of Digital Realty Trust by 33.0% during the third quarter. MML Investors Services LLC now owns 26,046 shares of the real estate investment trust's stock valued at $4,215,000 after acquiring an additional 6,465 shares during the period. Pacific Center for Financial Services grew its position in shares of Digital Realty Trust by 52.9% during the third quarter. Pacific Center for Financial Services now owns 454 shares of the real estate investment trust's stock worth $74,000 after acquiring an additional 157 shares during the last quarter. Anson Funds Management LP acquired a new stake in shares of Digital Realty Trust in the 3rd quarter worth about $2,347,000. Finally, Dunhill Financial LLC grew its position in Digital Realty Trust by 84.4% in the 3rd quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust's stock worth $44,000 after purchasing an additional 124 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Trading Down 2.8 %

Shares of DLR traded down $5.49 during midday trading on Monday, hitting $187.20. The stock had a trading volume of 794,353 shares, compared to its average volume of 1,868,947. Digital Realty Trust, Inc. has a fifty-two week low of $130.00 and a fifty-two week high of $198.00. The business has a 50-day simple moving average of $176.11 and a two-hundred day simple moving average of $160.04. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The firm has a market cap of $62.10 billion, a P/E ratio of 161.92, a price-to-earnings-growth ratio of 5.11 and a beta of 0.62.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.58). Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period last year, the firm earned $1.62 earnings per share. Digital Realty Trust's revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, equities analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be issued a $1.22 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.61%. Digital Realty Trust's dividend payout ratio is 410.08%.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Hsbc Global Res upgraded Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a research report on Friday, October 4th. HSBC raised shares of Digital Realty Trust from a "reduce" rating to a "hold" rating and upped their price objective for the stock from $124.00 to $160.00 in a report on Friday, October 4th. TD Cowen raised their target price on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a "hold" rating in a research note on Friday, October 25th. JPMorgan Chase & Co. upped their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an "overweight" rating in a research note on Friday, October 25th. Finally, Barclays raised their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an "underweight" rating in a research note on Monday, November 18th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $170.37.

About Digital Realty Trust

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.