Anson Funds Management LP Buys Shares of 11,875 Digital Realty Trust, Inc. $DLR

Key Points

• Anson Funds Management LP purchased 11,875 shares of Digital Realty Trust, valued at approximately $1.7 million, during the first quarter.
• Digital Realty Trust has seen increased interest from large investors, with Canada Pension Plan Investment Board raising its stake by 63% to over $1 billion in shares.
• The firm reported earnings per share of $1.87 for the last quarter, exceeding expectations and projecting FY 2025 earnings in the range of 7.150-7.250 EPS.

Anson Funds Management LP bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 11,875 shares of the real estate investment trust's stock, valued at approximately $1,702,000.

Other large investors also recently bought and sold shares of the company. Canada Pension Plan Investment Board lifted its position in shares of Digital Realty Trust by 63.0% during the first quarter. Canada Pension Plan Investment Board now owns 7,144,737 shares of the real estate investment trust's stock worth $1,023,769,000 after purchasing an additional 2,760,286 shares during the last quarter. Nuveen LLC bought a new stake in Digital Realty Trust during the 1st quarter valued at about $342,389,000. GAMMA Investing LLC lifted its holdings in Digital Realty Trust by 13,842.2% during the 1st quarter. GAMMA Investing LLC now owns 1,131,131 shares of the real estate investment trust's stock valued at $162,080,000 after buying an additional 1,123,018 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Digital Realty Trust in the 4th quarter valued at about $182,126,000. Finally, Vanguard Group Inc. grew its stake in Digital Realty Trust by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 52,378,860 shares of the real estate investment trust's stock worth $7,505,367,000 after acquiring an additional 925,674 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DLR. Guggenheim assumed coverage on shares of Digital Realty Trust in a research note on Wednesday, July 9th. They set a "neutral" rating for the company. Oppenheimer assumed coverage on Digital Realty Trust in a research report on Wednesday, May 14th. They set an "outperform" rating and a $200.00 target price for the company. Barclays upped their target price on Digital Realty Trust from $140.00 to $141.00 and gave the stock an "underweight" rating in a report on Wednesday, August 20th. Stifel Nicolaus raised their price target on Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, Wells Fargo & Company upped their price objective on shares of Digital Realty Trust from $185.00 to $195.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $190.74.

Digital Realty Trust Price Performance

DLR opened at $174.10 on Thursday. The firm has a market capitalization of $59.38 billion, a PE ratio of 45.70, a price-to-earnings-growth ratio of 4.72 and a beta of 0.96. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.22 and a quick ratio of 2.22. The business's 50-day moving average is $170.42 and its two-hundred day moving average is $163.56. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share for the quarter, beating analysts' consensus estimates of $1.74 by $0.13. The business had revenue of $1.49 billion for the quarter, compared to analysts' expectations of $1.44 billion. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The company's revenue was up 10.0% compared to the same quarter last year. During the same period last year, the business earned $1.65 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. Research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $1.22 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust's dividend payout ratio (DPR) is presently 128.08%.

Digital Realty Trust 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.

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