DigitalBridge Group (NYSE:DBRG) Sees Unusually-High Trading Volume After Analyst Upgrade

DigitalBridge Group, Inc. (NYSE:DBRGGet Free Report) saw unusually-high trading volume on Tuesday after Keefe, Bruyette & Woods raised their price target on the stock from $13.50 to $16.00. Keefe, Bruyette & Woods currently has a market perform rating on the stock. Approximately 3,830,837 shares traded hands during mid-day trading, an increase of 11% from the previous session’s volume of 3,442,483 shares.The stock last traded at $15.3750 and had previously closed at $15.26.

A number of other research firms have also recently weighed in on DBRG. Zacks Research raised shares of DigitalBridge Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DigitalBridge Group in a research note on Wednesday, October 8th. TD Cowen upped their price objective on DigitalBridge Group from $19.00 to $20.00 and gave the company a “buy” rating in a report on Friday, October 31st. Citizens Jmp lowered shares of DigitalBridge Group from a “market outperform” rating to a “hold” rating and set a $16.00 target price for the company. in a research note on Monday. Finally, B. Riley raised DigitalBridge Group to a “strong-buy” rating in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $16.67.

Read Our Latest Stock Report on DigitalBridge Group

Key Headlines Impacting DigitalBridge Group

Here are the key news stories impacting DigitalBridge Group this week:

  • Positive Sentiment: SoftBank has entered a definitive agreement to buy DigitalBridge for $16.00 per share, a takeover that underpins the rally and creates a clear cash-out valuation for shareholders. WSJ: SoftBank Group to Buy DigitalBridge
  • Positive Sentiment: Initial media reports that SoftBank was in advanced talks sparked the first big price move and higher trading interest ahead of the deal announcement. Reuters: SoftBank nears deal for DigitalBridge
  • Positive Sentiment: Unusually heavy call-option volume and above-average share trading suggest speculative and arbitrage activity around the takeover news, amplifying intraday moves. Schaeffers: Stock Soars on Buyout Buzz
  • Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $16.00 (market perform), signaling analyst alignment with the deal price. Benzinga: KBW raises price target
  • Neutral Sentiment: Trading was temporarily halted for DBRG as news broke — a procedural reaction to sudden material news rather than a fundamental change. (No link)
  • Neutral Sentiment: Market commentary warns the price pop may be short-lived absent further deal developments or competing bids; Zacks flags that recent estimate revisions don’t guarantee sustained gains. Zacks: Will this strength last?
  • Negative Sentiment: Several shareholder-law firms launched investigations (Kahn Swick & Foti, Johnson Fistel, Halper Sadeh) into whether the $16.00 offer and the board’s process are fair — potential litigation or demands for a higher bid could follow. Business Wire: KSF investor alert
  • Negative Sentiment: RBC downgraded the stock following the announced acquisition, signaling some banks view the deal as limiting upside for public shareholders. Yahoo Finance: RBC downgrades DigitalBridge
  • Negative Sentiment: Wells Fargo publicly said the buyout price could have been up to ~25% higher, reinforcing concerns that the $16.00 deal may undervalue the company and could spur shareholder pushback. MSN: Wells Fargo view

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Portolan Capital Management LLC grew its position in shares of DigitalBridge Group by 77.4% during the third quarter. Portolan Capital Management LLC now owns 5,468,226 shares of the company’s stock worth $63,978,000 after acquiring an additional 2,386,066 shares during the last quarter. Balyasny Asset Management L.P. lifted its position in DigitalBridge Group by 380.3% in the third quarter. Balyasny Asset Management L.P. now owns 2,963,403 shares of the company’s stock valued at $34,672,000 after purchasing an additional 2,346,446 shares during the period. Azora Capital LP purchased a new stake in shares of DigitalBridge Group in the second quarter valued at approximately $23,579,000. Clearline Capital LP boosted its position in shares of DigitalBridge Group by 189.8% during the 1st quarter. Clearline Capital LP now owns 2,286,782 shares of the company’s stock worth $20,169,000 after purchasing an additional 1,497,664 shares in the last quarter. Finally, Northern Right Capital Management L.P. purchased a new stake in DigitalBridge Group during the third quarter worth about $16,190,000. Hedge funds and other institutional investors own 92.69% of the company’s stock.

DigitalBridge Group Stock Performance

The firm has a market cap of $2.80 billion, a price-to-earnings ratio of 255.96 and a beta of 1.77. The business has a fifty day moving average of $11.82 and a two-hundred day moving average of $11.41.

DigitalBridge Group (NYSE:DBRGGet Free Report) last released its quarterly earnings results on Thursday, March 21st. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $232.83 million for the quarter. DigitalBridge Group had a return on equity of 4.78% and a net margin of 18.57%. On average, equities research analysts forecast that DigitalBridge Group, Inc. will post 0.17 earnings per share for the current year.

DigitalBridge Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a $0.01 dividend. 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 Wednesday, December 31st. DigitalBridge Group’s payout ratio is 66.67%.

About DigitalBridge Group

(Get Free Report)

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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