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

Daiwa Securities Group Inc. trimmed its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 12.3% in the fourth quarter, HoldingsChannel reports. The firm owned 4,247,555 shares of the real estate investment trust’s stock after selling 595,877 shares during the period. Digital Realty Trust makes up about 3.4% of Daiwa Securities Group Inc.’s portfolio, making the stock its 5th biggest holding. Daiwa Securities Group Inc.’s holdings in Digital Realty Trust were worth $753,219,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Digital Realty Trust by 501.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock worth $700,224,000 after buying an additional 3,607,802 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Digital Realty Trust by 2.0% in the 4th quarter. Principal Financial Group Inc. now owns 3,950,237 shares of the real estate investment trust’s stock valued at $700,486,000 after acquiring an additional 79,322 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Digital Realty Trust by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,632,752 shares of the real estate investment trust’s stock worth $644,196,000 after purchasing an additional 122,090 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Digital Realty Trust by 2.6% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,615,123 shares of the real estate investment trust’s stock worth $261,375,000 after purchasing an additional 40,491 shares during the last quarter. Finally, Amundi grew its position in shares of Digital Realty Trust by 10.2% in the fourth quarter. Amundi now owns 1,451,440 shares of the real estate investment trust’s stock valued at $262,522,000 after purchasing an additional 134,228 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on DLR. Stifel Nicolaus increased their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. StockNews.com lowered Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 22nd. Citizens Jmp upgraded Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Barclays increased their target price on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research report on Monday, November 18th. Finally, Truist Financial boosted their price objective on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $181.00.

Digital Realty Trust Trading Up 0.5 %

Shares of NYSE:DLR opened at $149.13 on Monday. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. 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 $50.20 billion, a PE ratio of 92.06, a P/E/G ratio of 4.38 and a beta of 0.65. The company’s 50-day moving average price is $168.64 and its 200 day moving average price is $170.15.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.27%. Digital Realty Trust’s dividend payout ratio (DPR) is 301.23%.

About Digital Realty Trust

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.