Anson Funds Management LP Takes $1.70 Million Position in Digital Realty Trust, Inc. $DLR

Key Points

• Anson Funds Management LP has purchased 11,875 shares of Digital Realty Trust, valued at approximately $1.70 million, during the first quarter.
• Analysts maintain a generally positive outlook for Digital Realty Trust, with price targets ranging from $200 to $220 and a consensus rating of "Moderate Buy."
• The company recently announced a quarterly dividend of $1.22 per share, with an annualized yield of 2.9%, despite a high payout ratio of 128.08%.

Anson Funds Management LP acquired a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 11,875 shares of the real estate investment trust's stock, valued at approximately $1,702,000.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Digital Realty Trust by 1.8% during the first quarter. Vanguard Group Inc. now owns 52,378,860 shares of the real estate investment trust's stock worth $7,505,367,000 after purchasing an additional 925,674 shares during the last quarter. Northern Trust Corp lifted its position in shares of Digital Realty Trust by 4.3% during the 1st quarter. Northern Trust Corp now owns 5,301,199 shares of the real estate investment trust's stock worth $759,609,000 after buying an additional 220,649 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Digital Realty Trust by 11.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,819,606 shares of the real estate investment trust's stock worth $854,661,000 after buying an additional 492,692 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Digital Realty Trust by 1.2% during the first quarter. Dimensional Fund Advisors LP now owns 4,714,045 shares of the real estate investment trust's stock worth $675,456,000 after acquiring an additional 57,312 shares during the period. Finally, Invesco Ltd. boosted its position in Digital Realty Trust by 4.8% in the first quarter. Invesco Ltd. now owns 4,092,496 shares of the real estate investment trust's stock worth $586,414,000 after purchasing an additional 186,613 shares during the last quarter. Institutional investors own 99.71% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Citigroup reaffirmed a "buy" rating and set a $200.00 target price (up from $174.00) on shares of Digital Realty Trust in a research report on Monday, July 28th. JMP Securities reaffirmed a "market outperform" rating and issued a $220.00 price objective on shares of Digital Realty Trust in a research report on Monday, April 28th. Wall Street Zen upgraded shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a research note on Sunday, June 1st. Bank of America initiated coverage on shares of Digital Realty Trust in a research note on Monday, May 19th. They set a "buy" rating and a $210.00 price target for the company. Finally, Raymond James Financial increased their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the company a "strong-buy" rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Digital Realty Trust currently has a consensus rating of "Moderate Buy" and an average price target of $190.74.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Mark R. Patterson sold 175 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $176.50, for a total value of $30,887.50. Following the sale, the director directly owned 6,522 shares in the company, valued at $1,151,133. This represents a 2.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.13% of the company's stock.

Digital Realty Trust Trading Up 1.9%

Shares of DLR stock opened at $166.9370 on Friday. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $198.00. The company's fifty day simple moving average is $172.59 and its two-hundred day simple moving average is $163.57. 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 stock has a market capitalization of $56.93 billion, a price-to-earnings ratio of 43.82, a PEG ratio of 4.80 and a beta of 0.92.

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

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.9%. Digital Realty Trust's payout ratio is currently 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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