Capula Management Ltd Makes New Investment in DigitalBridge Group, Inc. $DBRG

Capula Management Ltd bought a new stake in shares of DigitalBridge Group, Inc. (NYSE:DBRG) in the first quarter, Holdings Channel reports. The fund bought 1,665,769 shares of the company’s stock, valued at approximately $25,686,000. DigitalBridge Group comprises about 0.2% of Capula Management Ltd’s portfolio, making the stock its 20th biggest holding.

A number of other institutional investors have also recently made changes to their positions in the company. Sei Investments Co. raised its stake in DigitalBridge Group by 15.0% in the 1st quarter. Sei Investments Co. now owns 475,884 shares of the company’s stock valued at $7,338,000 after purchasing an additional 61,913 shares during the last quarter. Kapitalo Investimentos Ltda purchased a new stake in shares of DigitalBridge Group during the first quarter worth $6,944,000. Parallel Advisors LLC raised its position in shares of DigitalBridge Group by 70.4% in the first quarter. Parallel Advisors LLC now owns 1,891 shares of the company’s stock valued at $29,000 after buying an additional 781 shares during the last quarter. KBC Group NV raised its position in shares of DigitalBridge Group by 47.9% in the first quarter. KBC Group NV now owns 7,776 shares of the company’s stock valued at $120,000 after buying an additional 2,517 shares during the last quarter. Finally, Swiss National Bank lifted its stake in shares of DigitalBridge Group by 0.7% in the first quarter. Swiss National Bank now owns 361,425 shares of the company’s stock worth $5,573,000 after buying an additional 2,400 shares in the last quarter. 92.69% of the stock is owned by institutional investors and hedge funds.

DigitalBridge Group Stock Up 0.3%

Shares of DBRG opened at $15.86 on Friday. DigitalBridge Group, Inc. has a 52-week low of $8.94 and a 52-week high of $15.86. The stock has a fifty day simple moving average of $15.73 and a two-hundred day simple moving average of $15.55. The company has a market capitalization of $2.89 billion, a PE ratio of 32.36 and a beta of 1.46.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of DigitalBridge Group in a research report on Friday, May 29th. Truist Financial initiated coverage on shares of DigitalBridge Group in a research note on Tuesday, March 31st. They issued a “buy” rating and a $16.00 target price on the stock. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $16.00.

DigitalBridge Group 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.