Shares of DigitalGlobe Inc. (NYSE:DGI) fell 3% on Thursday . The company traded as low as $22.95 and last traded at $23.01, with a volume of 148,314 shares. The stock had previously closed at $23.71.

A number of brokerages have recently commented on DGI. Zacks Investment Research lowered shares of DigitalGlobe from a “buy” rating to a “hold” rating in a report on Thursday, July 14th. Morgan Stanley lowered shares of DigitalGlobe from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $22.00 to $23.00 in a report on Tuesday, May 17th. Dougherty & Co reissued a “buy” rating on shares of DigitalGlobe in a report on Thursday, April 28th. TheStreet raised shares of DigitalGlobe from a “sell” rating to a “hold” rating in a report on Thursday, April 28th. Finally, Jefferies Group reissued a “buy” rating on shares of DigitalGlobe in a report on Thursday, April 28th. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $28.75.

The firm’s 50 day moving average is $21.33 and its 200 day moving average is $18.03. The stock has a market capitalization of $1.44 billion and a price-to-earnings ratio of 50.55.

DigitalGlobe (NYSE:DGI) last posted its quarterly earnings data on Wednesday, April 27th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.14. During the same quarter in the previous year, the firm posted ($0.08) earnings per share. The business earned $175.40 million during the quarter, compared to the consensus estimate of $166.54 million. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. Equities analysts expect that DigitalGlobe Inc. will post $0.30 earnings per share for the current fiscal year.

Several institutional investors have bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in DigitalGlobe by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,738,546 shares of the company’s stock worth $58,545,000 after buying an additional 69,557 shares during the last quarter. Schroder Investment Management Group raised 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. Brown Advisory Inc. raised its position in DigitalGlobe by 2.1% in the fourth quarter. Brown Advisory Inc. now owns 1,329,549 shares of the company’s stock worth $20,820,000 after buying an additional 27,285 shares during the last quarter. California Public Employees Retirement System raised its position in DigitalGlobe by 2.9% in the fourth quarter. California Public Employees Retirement System now owns 201,600 shares of the company’s stock worth $3,157,000 after buying an additional 5,600 shares during the last quarter. Finally, TD Asset Management Inc. raised its position in DigitalGlobe by 5.6% in the fourth quarter. TD Asset Management Inc. now owns 187,000 shares of the company’s stock worth $2,928,000 after buying an additional 10,000 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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