DigitalBridge Group, Inc. $DBRG Holdings Raised by Cantor Fitzgerald L. P.

Cantor Fitzgerald L. P. increased its position in shares of DigitalBridge Group, Inc. (NYSE:DBRG) by 15.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 691,230 shares of the company’s stock after purchasing an additional 90,273 shares during the quarter. Cantor Fitzgerald L. P. owned 0.38% of DigitalBridge Group worth $8,087,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of DigitalBridge Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 94,556 shares of the company’s stock worth $834,000 after purchasing an additional 4,122 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of DigitalBridge Group by 45.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,225,993 shares of the company’s stock valued at $19,633,000 after buying an additional 693,613 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of DigitalBridge Group by 5.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 392,094 shares of the company’s stock valued at $3,458,000 after buying an additional 21,930 shares during the period. Envestnet Asset Management Inc. grew its position in shares of DigitalBridge Group by 12.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,746 shares of the company’s stock valued at $122,000 after buying an additional 1,309 shares during the last quarter. Finally, Bank of Montreal Can grew its position in shares of DigitalBridge Group by 21.3% during the 2nd quarter. Bank of Montreal Can now owns 14,168 shares of the company’s stock valued at $147,000 after buying an additional 2,488 shares during the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Keefe, Bruyette & Woods raised their target price on shares of DigitalBridge Group from $13.50 to $16.00 and gave the stock a “market perform” rating in a report on Tuesday, December 30th. TD Cowen lowered DigitalBridge Group from a “buy” rating to a “hold” rating and set a $16.00 target price for the company. in a report on Tuesday, December 30th. Royal Bank Of Canada cut DigitalBridge Group from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from $23.00 to $16.00 in a research report on Tuesday, December 30th. Raymond James Financial downgraded DigitalBridge Group from a “strong-buy” rating to an “underperform” rating in a report on Tuesday, January 27th. Finally, Citizens Jmp lowered DigitalBridge Group from a “market outperform” rating to a “hold” rating and set a $16.00 price objective for the company. in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $16.00.

DigitalBridge Group Stock Up 0.0%

Shares of NYSE:DBRG opened at $15.38 on Friday. The company’s 50-day moving average price is $15.40 and its 200 day moving average price is $13.18. The company has a market cap of $2.81 billion, a PE ratio of 34.17 and a beta of 1.67. DigitalBridge Group, Inc. has a fifty-two week low of $6.41 and a fifty-two week high of $15.55.

DigitalBridge Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, March 31st. DigitalBridge Group’s payout ratio is 8.89%.

DigitalBridge Group Company Profile

DigitalBridge Group, Inc (NYSE: DBRG) is a specialized global investment firm focused exclusively on digital infrastructure. The company originates, acquires, and manages a diversified portfolio of businesses that support the digital economy, including data centers, cell towers, small cells, fiber networks, edge infrastructure and related services. DigitalBridge seeks to generate sustainable, long-term returns for its investors by deploying capital into high-growth sectors driven by increasing data consumption, 5G deployment and cloud adoption.

Through its dedicated investment platforms, DigitalBridge provides equity and debt financing solutions to operators and owners of digital infrastructure assets.