Nomura Asset Management Co. Ltd. Purchases 21,290 Shares of Digital Realty Trust, Inc. (DLR)

Nomura Asset Management Co. Ltd. lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 17.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 146,052 shares of the real estate investment trust’s stock after purchasing an additional 21,290 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.09% of Digital Realty Trust worth $17,282,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in DLR. Amica Retiree Medical Trust acquired a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $102,000. Grove Bank & Trust lifted its position in shares of Digital Realty Trust by 1,284.6% during the 3rd quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock worth $106,000 after buying an additional 835 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Digital Realty Trust by 50.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 973 shares of the real estate investment trust’s stock worth $110,000 after buying an additional 328 shares during the period. Parallel Advisors LLC lifted its position in shares of Digital Realty Trust by 18.0% during the 2nd quarter. Parallel Advisors LLC now owns 972 shares of the real estate investment trust’s stock worth $112,000 after buying an additional 148 shares during the period. Finally, Thompson Siegel & Walmsley LLC lifted its position in shares of Digital Realty Trust by 4,984.2% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock worth $114,000 after buying an additional 947 shares during the period. 98.54% of the stock is currently owned by institutional investors.

Digital Realty Trust, Inc. (DLR) traded up $2.43 during mid-day trading on Wednesday, hitting $113.02. The stock had a trading volume of 1,828,100 shares, compared to its average volume of 1,277,078. The company has a market capitalization of $22,719.90, a P/E ratio of 18.49, a P/E/G ratio of 2.83 and a beta of -0.10. Digital Realty Trust, Inc. has a 12 month low of $89.50 and a 12 month high of $127.23. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.85.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $1.11. Digital Realty Trust had a return on equity of 5.15% and a net margin of 11.71%. The company had revenue of $609.90 million during the quarter, compared to the consensus estimate of $595.49 million. During the same quarter in the previous year, the company posted $1.44 earnings per share. The firm’s quarterly revenue was up 11.6% on a year-over-year basis. analysts predict that Digital Realty Trust, Inc. will post 6.09 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be paid a dividend of $0.93 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.29%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 300.00%.

Several equities analysts recently commented on DLR shares. Deutsche Bank raised their target price on Digital Realty Trust from $111.00 to $130.00 and gave the stock a “hold” rating in a research report on Thursday, October 26th. Zacks Investment Research downgraded Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. Barclays restated a “buy” rating and set a $132.00 target price on shares of Digital Realty Trust in a research report on Friday, September 8th. William Blair started coverage on Digital Realty Trust in a research report on Friday, September 22nd. They issued a “market perform” rating for the company. Finally, Citigroup reiterated a “neutral” rating and issued a $127.00 price objective on shares of Digital Realty Trust in a research report on Tuesday, September 26th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $125.07.

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About Digital Realty Trust

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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