Tokio Marine Asset Management Co. Ltd. Buys 499 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Tokio Marine Asset Management Co. Ltd. raised its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 5.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,298 shares of the real estate investment trust’s stock after buying an additional 499 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Digital Realty Trust were worth $1,505,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in DLR. Empowered Funds LLC raised its stake in shares of Digital Realty Trust by 21.8% during the first quarter. Empowered Funds LLC now owns 4,607 shares of the real estate investment trust’s stock worth $664,000 after acquiring an additional 826 shares in the last quarter. ProShare Advisors LLC lifted its stake in Digital Realty Trust by 2.1% in the first quarter. ProShare Advisors LLC now owns 52,521 shares of the real estate investment trust’s stock worth $7,565,000 after purchasing an additional 1,056 shares during the last quarter. Blair William & Co. IL boosted its position in Digital Realty Trust by 7.7% during the first quarter. Blair William & Co. IL now owns 21,221 shares of the real estate investment trust’s stock valued at $3,057,000 after buying an additional 1,520 shares during the period. 1ST Source Bank grew its stake in shares of Digital Realty Trust by 3.1% during the first quarter. 1ST Source Bank now owns 5,048 shares of the real estate investment trust’s stock valued at $727,000 after buying an additional 154 shares during the last quarter. Finally, Centersquare Investment Management LLC increased its holdings in shares of Digital Realty Trust by 1.3% in the first quarter. Centersquare Investment Management LLC now owns 2,600,217 shares of the real estate investment trust’s stock worth $360,858,000 after buying an additional 34,516 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 0.0 %

NYSE DLR opened at $178.17 on Friday. The stock’s fifty day moving average price is $165.37 and its 200-day moving average price is $154.35. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The stock has a market cap of $59.10 billion, a P/E ratio of 149.72, a P/E/G ratio of 4.73 and a beta of 0.59. Digital Realty Trust, Inc. has a 12 month low of $130.00 and a 12 month high of $193.88.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.58). The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the firm posted $1.62 earnings per share. As a group, equities analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 13th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Friday, December 13th. Digital Realty Trust’s payout ratio is 410.08%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on DLR shares. TD Cowen raised their price target on Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Royal Bank of Canada lifted their target price on shares of Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Raymond James increased their price target on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research report on Friday, October 25th. Scotiabank boosted their price objective on shares of Digital Realty Trust from $157.00 to $178.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Finally, Evercore ISI increased their target price on shares of Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $169.47.

Digital Realty Trust Company Profile

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.