Digital Realty Trust, Inc. (NYSE:DLR) Position Lessened by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. reduced its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,349,570 shares of the real estate investment trust's stock after selling 91,179 shares during the quarter. Digital Realty Trust comprises approximately 3.6% of Daiwa Securities Group Inc.'s investment portfolio, making the stock its 4th biggest holding. Daiwa Securities Group Inc. owned about 1.44% of Digital Realty Trust worth $585,365,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Operose Advisors LLC purchased a new stake in shares of Digital Realty Trust during the third quarter valued at $27,000. Carolinas Wealth Consulting LLC grew its holdings in shares of Digital Realty Trust by 156.1% during the first quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 167 shares during the last quarter. Clear Street Markets LLC grew its holdings in shares of Digital Realty Trust by 28,900.0% during the fourth quarter. Clear Street Markets LLC now owns 290 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 289 shares during the last quarter. Baldwin Brothers LLC MA grew its holdings in shares of Digital Realty Trust by 528.6% during the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 185 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in Digital Realty Trust during the fourth quarter valued at $32,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 3,400 shares of the company's stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total transaction of $494,700.00. Following the completion of the sale, the director now owns 8,413 shares of the company's stock, valued at approximately $1,224,091.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.39% of the company's stock.

Digital Realty Trust Price Performance

Shares of DLR stock traded down $0.68 on Wednesday, reaching $135.75. 1,749,332 shares of the company were exchanged, compared to its average volume of 1,990,777. The company has a market cap of $42.39 billion, a price-to-earnings ratio of 45.71, a P/E/G ratio of 3.15 and a beta of 0.54. The business has a 50-day moving average price of $142.50 and a 200 day moving average price of $135.76. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.14 and a current ratio of 1.14. Digital Realty Trust, Inc. has a 1 year low of $86.33 and a 1 year high of $154.18.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.59%. Digital Realty Trust's dividend payout ratio is currently 164.31%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on DLR shares. Evercore ISI restated an "outperform" rating and set a $154.00 target price on shares of Digital Realty Trust in a research report on Wednesday, March 27th. JPMorgan Chase & Co. boosted their target price on shares of Digital Realty Trust from $125.00 to $140.00 and gave the company a "neutral" rating in a research report on Tuesday, February 20th. Morgan Stanley boosted their target price on shares of Digital Realty Trust from $100.00 to $108.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 2nd. Royal Bank of Canada restated an "outperform" rating and set a $144.00 target price on shares of Digital Realty Trust in a research report on Friday, February 16th. Finally, Raymond James boosted their target price on shares of Digital Realty Trust from $140.00 to $170.00 and gave the company a "strong-buy" rating in a research report on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Digital Realty Trust has an average rating of "Hold" and an average target price of $143.33.

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.