Janus Henderson Group PLC Boosts Holdings in DigitalBridge Group, Inc. $DBRG

Janus Henderson Group PLC grew its stake in DigitalBridge Group, Inc. (NYSE:DBRG) by 992.3% during the 1st quarter, Holdings Channel reports. The firm owned 812,377 shares of the company’s stock after purchasing an additional 738,005 shares during the quarter. Janus Henderson Group PLC’s holdings in DigitalBridge Group were worth $12,539,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DBRG. Vanguard Group Inc. raised its position in shares of DigitalBridge Group by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 17,351,817 shares of the company’s stock worth $266,177,000 after purchasing an additional 116,360 shares during the last quarter. Gabelli Funds LLC lifted its stake in DigitalBridge Group by 102.4% in the 1st quarter. Gabelli Funds LLC now owns 865,500 shares of the company’s stock valued at $13,346,000 after buying an additional 437,950 shares in the last quarter. Caxton Associates LLP acquired a new stake in DigitalBridge Group in the 1st quarter worth about $8,881,000. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in DigitalBridge Group by 126,130,000.0% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,261,301 shares of the company’s stock worth $19,449,000 after buying an additional 1,261,300 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in DigitalBridge Group by 3,788.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,540 shares of the company’s stock worth $2,002,000 after buying an additional 127,183 shares in the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of DigitalBridge Group in a report on Friday, May 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $16.00.

DigitalBridge Group Stock Up 0.3%

DigitalBridge Group stock opened at $15.88 on Wednesday. The company has a fifty day simple moving average of $15.76 and a 200-day simple moving average of $15.58. The firm has a market capitalization of $2.90 billion, a price-to-earnings ratio of 32.41 and a beta of 1.47. DigitalBridge Group, Inc. has a 52-week low of $8.94 and a 52-week high of $15.92.

About DigitalBridge Group

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.