Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. increased its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 16.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,725,971 shares of the real estate investment trust's stock after acquiring an additional 678,165 shares during the quarter. Digital Realty Trust comprises approximately 3.8% of Daiwa Securities Group Inc.'s holdings, making the stock its 3rd biggest position. Daiwa Securities Group Inc. owned about 1.51% of Digital Realty Trust worth $718,584,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in DLR. Public Employees Retirement System of Ohio raised its stake in Digital Realty Trust by 1.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 587,561 shares of the real estate investment trust's stock valued at $79,074,000 after purchasing an additional 9,158 shares during the period. Bessemer Group Inc. grew its stake in Digital Realty Trust by 102.1% during the first quarter. Bessemer Group Inc. now owns 19,528 shares of the real estate investment trust's stock valued at $2,813,000 after acquiring an additional 9,865 shares in the last quarter. Clearbridge Investments LLC increased its holdings in Digital Realty Trust by 17.7% in the 4th quarter. Clearbridge Investments LLC now owns 235,669 shares of the real estate investment trust's stock valued at $31,716,000 after acquiring an additional 35,456 shares during the last quarter. Treasurer of the State of North Carolina lifted its stake in Digital Realty Trust by 2.1% in the 4th quarter. Treasurer of the State of North Carolina now owns 137,892 shares of the real estate investment trust's stock worth $18,558,000 after purchasing an additional 2,840 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Digital Realty Trust by 295.5% during the 1st quarter. Cetera Investment Advisers now owns 31,665 shares of the real estate investment trust's stock valued at $4,561,000 after purchasing an additional 23,659 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Trading Up 5.0 %

Digital Realty Trust stock traded up $7.42 during trading hours on Tuesday, hitting $156.76. The company had a trading volume of 1,794,123 shares, compared to its average volume of 1,841,870. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.78. The firm has a market cap of $48.98 billion, a P/E ratio of 41.48, a P/E/G ratio of 4.73 and a beta of 0.60. The company has a 50-day moving average price of $151.30 and a two-hundred day moving average price of $146.45. Digital Realty Trust, Inc. has a 1 year low of $113.94 and a 1 year high of $162.58.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.63 by ($1.43). Digital Realty Trust had a return on equity of 5.93% and a net margin of 20.58%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period last year, the company earned $1.68 EPS. The firm's revenue for the quarter was down .7% compared to the same quarter last year. On average, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 6.65 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be paid a dividend of $1.22 per share. The ex-dividend date is Friday, September 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.11%. Digital Realty Trust's dividend payout ratio is presently 135.56%.

Insider Activity at Digital Realty Trust

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 600 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $150.26, for a total transaction of $90,156.00. Following the sale, the director now owns 9,055 shares of the company's stock, valued at approximately $1,360,604.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.17% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DLR has been the subject of a number of research reports. Royal Bank of Canada increased their price target on Digital Realty Trust from $144.00 to $160.00 and gave the company an "outperform" rating in a research note on Monday, June 3rd. JPMorgan Chase & Co. raised shares of Digital Realty Trust from a "neutral" rating to an "overweight" rating and raised their target price for the company from $150.00 to $175.00 in a report on Friday, June 28th. BMO Capital Markets raised shares of Digital Realty Trust from a "market perform" rating to an "outperform" rating and upped their price target for the company from $144.00 to $170.00 in a research note on Wednesday, June 26th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Digital Realty Trust from $143.00 to $145.00 and gave the stock a "hold" rating in a research note on Thursday, May 30th. Finally, TD Cowen lowered their price target on shares of Digital Realty Trust from $122.00 to $120.00 and set a "hold" rating for the company in a report on Friday, July 26th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $154.00.

Digital Realty Trust Profile

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.