Shares of DigitalGlobe Inc. (NYSE:DGI) rose 2.4% on Thursday . The company traded as high as $22.08 and last traded at $21.84, with a volume of 246,286 shares traded. The stock had previously closed at $21.33.

Several brokerages have recently commented on DGI. Morgan Stanley downgraded DigitalGlobe from an “overweight” rating to an “equal weight” rating and raised their target price for the company from $22.00 to $23.00 in a research note on Tuesday, May 17th. Zacks Investment Research downgraded DigitalGlobe from a “buy” rating to a “hold” rating in a research note on Monday, March 14th. TheStreet upgraded DigitalGlobe from a “sell” rating to a “hold” rating in a research note on Thursday, April 28th. Dougherty & Co restated a “buy” rating on shares of DigitalGlobe in a research note on Thursday, April 28th. Finally, Jefferies Group restated a “buy” rating on shares of DigitalGlobe in a research note on Thursday, April 28th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. DigitalGlobe currently has an average rating of “Hold” and a consensus price target of $28.50.

The stock has a market cap of $1.38 billion and a PE ratio of 48.23. The company has a 50-day moving average of $20.92 and a 200-day moving average of $17.54.

DigitalGlobe (NYSE:DGI) last issued its quarterly earnings data on Wednesday, April 27th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.14. During the same period last year, the company posted ($0.08) earnings per share. The firm had revenue of $175.40 million for the quarter, compared to the consensus estimate of $166.54 million. The business’s revenue was up 3.5% on a year-over-year basis. Equities analysts forecast that DigitalGlobe Inc. will post $0.25 earnings per share for the current year.

Several institutional investors have recently modified their holdings of DGI. Dimensional Fund Advisors LP increased its position in shares of DigitalGlobe by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,738,546 shares of the company’s stock valued at $58,545,000 after buying an additional 69,557 shares during the period. I.G. Investment Management LTD. increased its position in DigitalGlobe by 6.5% in the fourth quarter. I.G. Investment Management LTD. now owns 71,063 shares of the company’s stock worth $1,113,000 after buying an additional 4,324 shares during the last quarter. Trexquant Investment LP bought a new position in DigitalGlobe during the fourth quarter worth about $1,690,000. Schroder Investment Management Group increased its position in DigitalGlobe by 4.2% in the fourth quarter. Schroder Investment Management Group now owns 1,562,100 shares of the company’s stock worth $24,462,000 after buying an additional 63,500 shares during the last quarter. Finally, Morgan Stanley increased its position in DigitalGlobe by 241.7% in the fourth quarter. Morgan Stanley now owns 278,825 shares of the company’s stock worth $4,366,000 after buying an additional 197,218 shares during the last quarter.

DigitalGlobe, Inc is a provider of high-resolution Earth-imagery products and services. The Company’s imagery solutions support a range of users in defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals and navigation technology.

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