2 weeks Ago By ABMN Staff
Corebridge Financial Inc. trimmed its position in shares of DigitalBridge Group, Inc. ( NYSE:DBRG – Free Report ) by 7.
0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,035 shares of the company’s stock after selling 5,967 shares during the period. Corebridge Financial Inc.
’s holdings in DigitalBridge Group were worth $892,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Spire Wealth Management bought a new stake in shares of DigitalBridge Group in the 4th quarter worth approximately $37,000.
Manchester Capital Management LLC boosted its stake in shares of DigitalBridge Group by 172.1% in the 4th quarter. Manchester Capital Management LLC now owns 4,372 shares of the company’s stock valued at $49,000 after purchasing an additional 2,765 shares in the last quarter.
KBC Group NV increased its position in shares of DigitalBridge Group by 49.3% during the 4th quarter. KBC Group NV now owns 8,326 shares of the company’s stock worth $94,000 after purchasing an additional 2,750 shares in the last quarter.
Blue Trust Inc. lifted its holdings in DigitalBridge Group by 164.0% during the 4th quarter.
Blue Trust Inc. now owns 9,905 shares of the company’s stock valued at $112,000 after purchasing an additional 6,153 shares during the last quarter. Finally, one8zero8 LLC acquired a new position in DigitalBridge Group in the fourth quarter valued at about $122,000.
92.69% of the stock is owned by institutional investors and hedge funds. DigitalBridge Group Stock Down 13.
1 % Shares of NYSE:DBRG opened at $7.04 on Friday. DigitalBridge Group, Inc.
has a 12-month low of $6.90 and a 12-month high of $19.00.
The company’s 50 day moving average price is $10.14 and its two-hundred day moving average price is $12.03.
The firm has a market cap of $1.23 billion, a PE ratio of 234.50, a PEG ratio of 3.
46 and a beta of 1.68. DigitalBridge Group Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th.
Investors of record on Monday, March 31st will be paid a $0.01 dividend. This represents a $0.
04 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date is Monday, March 31st.
DigitalBridge Group’s dividend payout ratio (DPR) is presently 133.33%. Wall Street Analyst Weigh In Several equities research analysts have weighed in on the stock.
JPMorgan Chase & Co. lowered their price objective on shares of DigitalBridge Group from $20.00 to $18.
00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. B. Riley reduced their target price on DigitalBridge Group from $24.
00 to $20.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Citizens Jmp raised shares of DigitalBridge Group to a “strong-buy” rating in a research note on Monday, January 27th.
Keefe, Bruyette & Woods reduced their price target on shares of DigitalBridge Group from $14.00 to $13.50 and set a “market perform” rating on the stock in a research report on Wednesday, February 26th.
Finally, JMP Securities initiated coverage on shares of DigitalBridge Group in a research report on Monday, January 27th. They issued an “outperform” rating and a $16.00 price objective for the company.
One analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $16.
39. Get Our Latest Report on DBRG About DigitalBridge Group ( Free Report ) DigitalBridge is an infrastructure investment firm specializing in digital infrastructure assets. They provide services to institutional investors.
They primarily invest in data centers, cell towers, fiber networks, small cells, and edge infrastructure. DigitalBridge Group, Inc was founded in 1991 and is headquartered in Boca Raton, Florida with additional offices in Los Angles, California, and New York New York. Featured Stories Want to see what other hedge funds are holding DBRG? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for DigitalBridge Group, Inc. ( NYSE:DBRG – Free Report ). Receive News & Ratings for DigitalBridge Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DigitalBridge Group and related companies with MarketBeat.
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