Readystate Asset Management LP bought a new stake in shares of Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC – Free Report) during the second quarter, Holdings Channel.com reports. The fund bought 52,100 shares of the company’s stock, valued at approximately $1,127,000.
Separately, Fund 1 Investments LLC bought a new stake in shares of Blackstone Digital Infrastructure Trust during the 2nd quarter valued at $2,731,000.
Blackstone Digital Infrastructure Trust Trading Up 0.1%
Shares of Blackstone Digital Infrastructure Trust stock opened at $20.36 on Tuesday. The firm has a 50-day simple moving average of $20.56. Blackstone Digital Infrastructure Trust Inc. has a 52 week low of $19.20 and a 52 week high of $22.90.
Analyst Ratings Changes
Several analysts recently weighed in on the company. Weiss Ratings upgraded Blackstone Digital Infrastructure Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 25th. BNP Paribas Exane initiated coverage on shares of Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued an “outperform” rating and a $26.00 price target for the company. Barclays initiated coverage on Blackstone Digital Infrastructure Trust in a report on Monday, June 8th. They issued an “overweight” rating and a $24.00 target price on the stock. Sanford C. Bernstein initiated coverage on shares of Blackstone Digital Infrastructure Trust in a research report on Monday, June 8th. They issued an “outperform” rating and a $26.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft began coverage on Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued a “buy” rating and a $24.00 price objective on the stock. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Blackstone Digital Infrastructure Trust has an average rating of “Hold” and a consensus price target of $23.71.
Check Out Our Latest Analysis on BXDC
Blackstone Digital Infrastructure Trust 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.
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