Ameliora Wealth Management Ltd. Makes New $151,000 Investment in Digital Realty Trust, Inc. (NYSE:DLR)

Ameliora Wealth Management Ltd. purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,050 shares of the real estate investment trust’s stock, valued at approximately $151,000.

Other hedge funds also recently bought and sold shares of the company. Gladstone Institutional Advisory LLC grew its position in shares of Digital Realty Trust by 1.2% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 6,301 shares of the real estate investment trust’s stock valued at $848,000 after purchasing an additional 72 shares during the period. Schechter Investment Advisors LLC grew its position in shares of Digital Realty Trust by 2.4% in the fourth quarter. Schechter Investment Advisors LLC now owns 3,347 shares of the real estate investment trust’s stock valued at $450,000 after purchasing an additional 78 shares during the period. Gables Capital Management Inc. grew its position in shares of Digital Realty Trust by 62.5% in the fourth quarter. Gables Capital Management Inc. now owns 260 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 100 shares during the period. First Financial Corp IN grew its position in shares of Digital Realty Trust by 46.6% in the fourth quarter. First Financial Corp IN now owns 324 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 103 shares during the period. Finally, SVB Wealth LLC grew its position in shares of Digital Realty Trust by 1.0% in the fourth quarter. SVB Wealth LLC now owns 10,760 shares of the real estate investment trust’s stock valued at $1,448,000 after purchasing an additional 106 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 2.2 %

Shares of NYSE:DLR traded up $3.33 during trading on Friday, hitting $152.05. The company’s stock had a trading volume of 3,406,259 shares, compared to its average volume of 1,983,558. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market capitalization of $47.50 billion, a PE ratio of 42.24, a PEG ratio of 19.23 and a beta of 0.57. Digital Realty Trust, Inc. has a fifty-two week low of $108.68 and a fifty-two week high of $154.18. The stock’s 50-day moving average price is $144.67 and its two-hundred day moving average price is $141.63.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend is Friday, June 14th. Digital Realty Trust’s dividend payout ratio is currently 135.56%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. upgraded Digital Realty Trust from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $150.00 to $175.00 in a report on Friday. Wells Fargo & Company upgraded Digital Realty Trust from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $135.00 to $155.00 in a report on Tuesday, April 9th. Morgan Stanley lifted their target price on Digital Realty Trust from $100.00 to $108.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd. BMO Capital Markets upgraded Digital Realty Trust from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $144.00 to $170.00 in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Digital Realty Trust from $143.00 to $145.00 and gave the company a “hold” rating in a report on Thursday, May 30th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $148.00.

Digital Realty Trust 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.