3,854,933 Shares in Blackstone Digital Infrastructure Trust Inc. $BXDC Purchased by Wellington Management Group LLP

Wellington Management Group LLP acquired a new stake in Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,854,933 shares of the company’s stock, valued at approximately $83,382,000. Wellington Management Group LLP owned approximately 3.83% of Blackstone Digital Infrastructure Trust at the end of the most recent quarter.

Blackstone Digital Infrastructure Trust Stock Performance

Shares of NYSE:BXDC opened at $20.23 on Thursday. The company has a 50 day moving average price of $20.64. Blackstone Digital Infrastructure Trust Inc. has a fifty-two week low of $19.20 and a fifty-two week high of $22.90.

Blackstone Digital Infrastructure Trust (NYSE:BXDC) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04. On average, analysts forecast that Blackstone Digital Infrastructure Trust Inc. will post 0.35 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BXDC. Zacks Research raised shares of Blackstone Digital Infrastructure Trust to a “hold” rating in a report on Tuesday, June 9th. BNP Paribas Exane started coverage on Blackstone Digital Infrastructure Trust in a research report on Monday, June 8th. They issued an “outperform” rating and a $26.00 price objective on the stock. Moffett Nathanson started coverage on Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued a “neutral” rating and a $21.00 target price for the company. BMO Capital Markets cut their price target on Blackstone Digital Infrastructure Trust from $23.00 to $22.00 and set a “market perform” rating on the stock in a research note on Tuesday, August 4th. Finally, Bank of America started coverage on Blackstone Digital Infrastructure Trust in a report on Monday, June 8th. They issued a “neutral” rating and a $22.50 price target on the stock. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $23.71.

Blackstone Digital Infrastructure Trust Company Profile

Blackstone Digital Infrastructure Trust is a REIT which focused on acquiring and owning mission-critical data center assets. Blackstone Digital Infrastructure Trust is based in NEW YORK.