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

Ameliora Wealth Management Ltd. acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 1,050 shares of the real estate investment trust’s stock, valued at approximately $151,000.

Several other large investors also recently modified their holdings of the company. Operose Advisors LLC bought a new position in Digital Realty Trust during the third quarter worth $27,000. Rise Advisors LLC boosted its stake in Digital Realty Trust by 1,125.0% during the first quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 180 shares in the last quarter. GoalVest Advisory LLC bought a new position in Digital Realty Trust during the first quarter worth $29,000. Baldwin Brothers LLC MA boosted its stake in Digital Realty Trust by 528.6% during the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 185 shares in the last quarter. Finally, Bfsg LLC bought a new position in Digital Realty Trust during the fourth quarter worth $31,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Wells Fargo & Company raised shares of Digital Realty Trust from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $135.00 to $155.00 in a research note on Tuesday, April 9th. Truist Financial lifted their price objective on shares of Digital Realty Trust from $145.00 to $158.00 and gave the company a “buy” rating in a report on Monday, March 18th. Morgan Stanley lifted their price objective on shares of Digital Realty Trust from $100.00 to $108.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Digital Realty Trust from $143.00 to $145.00 and gave the company a “hold” rating in a report on Thursday, May 30th. Finally, BMO Capital Markets upgraded shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $144.00 to $170.00 in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, six have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $148.00.

Digital Realty Trust Stock Up 2.2 %

Digital Realty Trust stock traded up $3.33 during midday trading on Friday, hitting $152.05. 3,406,259 shares of the stock were exchanged, compared to its average volume of 1,983,558. The stock has a market capitalization of $47.50 billion, a price-to-earnings ratio of 42.24, a price-to-earnings-growth ratio of 19.23 and a beta of 0.57. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.91. Digital Realty Trust, Inc. has a 52-week low of $108.68 and a 52-week high of $154.18. The business’s 50-day moving average price is $144.67 and its 200-day moving average price is $141.63.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given 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 135.56%.

About Digital Realty Trust

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.