Nomura Holdings Inc. Boosts Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Nomura Holdings Inc. lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 12.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,510 shares of the real estate investment trust's stock after buying an additional 5,010 shares during the quarter. Nomura Holdings Inc.'s holdings in Digital Realty Trust were worth $8,248,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stolper Co lifted its stake in shares of Digital Realty Trust by 0.5% in the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust's stock valued at $2,243,000 after purchasing an additional 64 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in shares of Digital Realty Trust by 1.5% in the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust's stock valued at $769,000 after buying an additional 64 shares during the period. Catalina Capital Group LLC raised its holdings in shares of Digital Realty Trust by 3.1% in the 4th quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust's stock valued at $424,000 after buying an additional 72 shares during the period. Colonial Trust Co SC raised its holdings in shares of Digital Realty Trust by 33.8% in the 4th quarter. Colonial Trust Co SC now owns 285 shares of the real estate investment trust's stock valued at $51,000 after buying an additional 72 shares during the period. Finally, Sound Income Strategies LLC raised its holdings in shares of Digital Realty Trust by 25.9% in the 4th quarter. Sound Income Strategies LLC now owns 355 shares of the real estate investment trust's stock valued at $63,000 after buying an additional 73 shares during the period. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Stock Performance

DLR traded up $2.23 during trading on Friday, hitting $170.02. 1,196,833 shares of the stock were exchanged, compared to its average volume of 1,979,905. The firm has a market capitalization of $57.26 billion, a P/E ratio of 104.95, a PEG ratio of 4.38 and a beta of 0.93. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $198.00. The stock has a fifty day moving average price of $152.53 and a two-hundred day moving average price of $167.33. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.73 by $0.04. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. The company's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 earnings per share. As a group, sell-side analysts predict 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. Stockholders of record on Friday, March 14th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date was Friday, March 14th. Digital Realty Trust's payout ratio is currently 456.07%.

Wall Street Analysts Forecast Growth

DLR has been the topic of several recent research reports. Scotiabank cut their price target on Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating on the stock in a report on Tuesday, April 22nd. Barclays reduced their price target on Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating on the stock in a research report on Thursday, March 20th. Wells Fargo & Company reduced their price target on Digital Realty Trust from $210.00 to $185.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 4th. New Street Research raised Digital Realty Trust to a "hold" rating in a research report on Monday, April 28th. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $220.00 price target on shares of Digital Realty Trust in a research report on Monday, April 28th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $183.85.

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.