Mizuho Securities USA LLC Has $5.24 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Mizuho Securities USA LLC raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 48.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 29,553 shares of the real estate investment trust’s stock after acquiring an additional 9,596 shares during the period. Mizuho Securities USA LLC’s holdings in Digital Realty Trust were worth $5,241,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Virtu Financial LLC acquired a new stake in shares of Digital Realty Trust during the fourth quarter worth approximately $210,000. Quantbot Technologies LP acquired a new stake in shares of Digital Realty Trust during the fourth quarter worth approximately $1,226,000. Millstone Evans Group LLC bought a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $43,000. Holderness Investments Co. bought a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $273,000. Finally, HUB Investment Partners LLC grew its stake in shares of Digital Realty Trust by 3.8% during the fourth quarter. HUB Investment Partners LLC now owns 2,349 shares of the real estate investment trust’s stock valued at $417,000 after purchasing an additional 85 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 0.4 %

DLR opened at $150.76 on Friday. The firm’s fifty day moving average is $162.82 and its two-hundred day moving average is $169.91. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The firm has a market cap of $50.75 billion, a PE ratio of 93.06, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Equities research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $1.22 per share. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.24%. Digital Realty Trust’s payout ratio is 301.23%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on DLR. Truist Financial decreased their price target on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating on the stock in a research note on Monday, March 10th. JMP Securities reissued a “market outperform” rating and set a $220.00 price target on shares of Digital Realty Trust in a research note on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price target for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. Scotiabank raised shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price target on the stock in a research note on Tuesday, February 18th. Finally, Wells Fargo & Company reduced their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $179.95.

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.