DigitalGlobe Inc. (NYSE:DGI) shares were down 1.8% on Friday . The company traded as low as $27.52 and last traded at $27.69, with a volume of 250,455 shares trading hands. The stock had previously closed at $28.20.

A number of research analysts have weighed in on DGI shares. Zacks Investment Research downgraded DigitalGlobe from a “buy” rating to a “hold” rating in a research note on Thursday, July 14th. Morgan Stanley downgraded DigitalGlobe from an “overweight” rating to an “equal weight” rating and raised their price target for the company from $22.00 to $23.00 in a research note on Tuesday, May 17th. Dougherty & Co raised their price target on DigitalGlobe from $33.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, July 29th. TheStreet upgraded DigitalGlobe from a “sell” rating to a “hold” rating in a research note on Thursday, April 28th. Finally, JPMorgan Chase & Co. raised their price target on DigitalGlobe from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, July 29th. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $28.13.

The firm has a 50 day moving average of $25.27 and a 200-day moving average of $20.31. The stock has a market capitalization of $1.75 billion and a price-to-earnings ratio of 53.24.

DigitalGlobe (NYSE:DGI) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.11. The firm had revenue of $175.50 million for the quarter, compared to analyst estimates of $168.71 million. During the same period last year, the company posted $0.09 earnings per share. The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. Equities analysts predict that DigitalGlobe Inc. will post $0.42 earnings per share for the current year.

A number of hedge funds and institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased 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 period. Schroder Investment Management Group increased its stake in shares of DigitalGlobe by 4.2% in the fourth quarter. Schroder Investment Management Group now owns 1,562,100 shares of the company’s stock valued at $24,462,000 after buying an additional 63,500 shares during the period. Finally, California Public Employees Retirement System increased its stake in shares of DigitalGlobe by 2.9% in the fourth quarter. California Public Employees Retirement System now owns 201,600 shares of the company’s stock valued at $3,157,000 after buying an additional 5,600 shares during the period.

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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