Tudor Investment Corp ET AL Has $3.75 Million Stock Holdings in DigitalBridge Group, Inc. $DBRG

Key Points

• Tudor Investment Corp. cut its stake in DigitalBridge by 22.0% in the most recent quarter and now holds 320,062 shares worth about $3.745 million (≈0.18% of the company).
• Institutional ownership is high at 92.69%, and several funds shifted positions — notably Goldman Sachs boosted its holding by 45.3% to about 2,225,993 shares (≈$19.6 million).
• The Wall Street consensus is a "Hold" with a $16 target price, and DigitalBridge recently declared a quarterly dividend of $0.01 (annualized $0.04, ~0.3% yield).

Tudor Investment Corp ET AL cut its holdings in shares of DigitalBridge Group, Inc. (NYSE:DBRG - Free Report) by 22.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 320,062 shares of the company's stock after selling 90,292 shares during the period. Tudor Investment Corp ET AL owned about 0.18% of DigitalBridge Group worth $3,745,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in DBRG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in DigitalBridge Group by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 94,556 shares of the company's stock worth $834,000 after buying an additional 4,122 shares during the period. Goldman Sachs Group Inc. boosted its position in DigitalBridge Group by 45.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,225,993 shares of the company's stock worth $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 position in DigitalBridge Group by 5.9% during 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 worth $3,458,000 after buying an additional 21,930 shares during the period. Envestnet Asset Management Inc. boosted its position in DigitalBridge Group by 12.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,746 shares of the company's stock worth $122,000 after buying an additional 1,309 shares during the period. Finally, Cetera Investment Advisers boosted its position in DigitalBridge Group by 39.1% during the 2nd quarter. Cetera Investment Advisers now owns 21,360 shares of the company's stock worth $221,000 after buying an additional 6,000 shares during the period. 92.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on DBRG. Raymond James Financial downgraded shares of DigitalBridge Group from a "strong-buy" rating to an "underperform" rating in a research report on Tuesday, January 27th. Weiss Ratings upgraded shares of DigitalBridge Group from a "sell (d+)" rating to a "hold (c)" rating in a research report on Monday, March 2nd. Truist Financial began coverage on shares of DigitalBridge Group in a research report on Tuesday, March 31st. They set a "buy" rating and a $16.00 target price on the stock. Citizens Jmp downgraded shares of DigitalBridge Group from a "market outperform" rating to a "hold" rating and set a $16.00 target price on the stock. in a research report on Monday, December 29th. Finally, TD Cowen downgraded shares of DigitalBridge Group from a "buy" rating to a "hold" rating and set a $16.00 price target on the stock. in a research report on Tuesday, December 30th. 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. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $16.00.

DigitalBridge Group Stock Performance

Shares of NYSE DBRG opened at $15.58 on Friday. The company has a market capitalization of $2.85 billion, a P/E ratio of 34.61 and a beta of 1.61. DigitalBridge Group, Inc. has a 52-week low of $7.09 and a 52-week high of $15.58. The company's 50 day moving average price is $15.41 and its 200-day moving average price is $13.68.

DigitalBridge Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.01 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. 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.

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