Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV grew its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 3.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 84,201 shares of the real estate investment trust's stock after buying an additional 2,663 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in Digital Realty Trust were worth $15,000,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in DLR. Norges Bank bought a new stake in Digital Realty Trust in the 4th quarter valued at $3,858,428,000. Northern Trust Corp increased its stake in shares of Digital Realty Trust by 57.5% in the 4th quarter. Northern Trust Corp now owns 5,080,550 shares of the real estate investment trust's stock valued at $900,934,000 after purchasing an additional 1,854,748 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of Digital Realty Trust by 66.6% in the fourth quarter. Deutsche Bank AG now owns 3,081,821 shares of the real estate investment trust's stock worth $546,499,000 after acquiring an additional 1,232,043 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of Digital Realty Trust by 91.7% in the 4th quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust's stock valued at $271,279,000 after acquiring an additional 731,690 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Digital Realty Trust during the 4th quarter worth approximately $125,336,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Stock Down 1.1%

Digital Realty Trust stock traded down $1.93 during mid-day trading on Tuesday, reaching $168.87. 227,010 shares of the company's stock were exchanged, compared to its average volume of 1,969,554. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The company has a market cap of $56.87 billion, a P/E ratio of 104.34, a P/E/G ratio of 4.38 and a beta of 0.93. The company has a fifty day moving average of $152.91 and a 200-day moving average of $167.21. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.04. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period last year, the firm posted $1.67 EPS. Digital Realty Trust's revenue for the quarter was up 5.7% on a year-over-year basis. Sell-side analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

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. The ex-dividend date was Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 2.89%. Digital Realty Trust's dividend payout ratio is presently 456.07%.

Analyst Ratings Changes

DLR has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Citizens Jmp upgraded Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Barclays dropped their price objective on shares of Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a report on Thursday, March 20th. Oppenheimer initiated coverage on Digital Realty Trust in a report on Wednesday, May 14th. They issued an "outperform" rating and a $200.00 price objective on the stock. Finally, Truist Financial cut their target price on Digital Realty Trust from $185.00 to $184.00 and set a "buy" rating on the stock in a research note on Monday, May 12th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $185.10.

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.