DigitalBridge Group (NYSE:DBRG) Sees Strong Trading Volume After Analyst Upgrade

DigitalBridge Group, Inc. (NYSE:DBRG) saw unusually-strong 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 changed hands during 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.

Several other research firms have also recently issued reports on DBRG. Royal Bank Of Canada cut shares of DigitalBridge Group from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $23.00 to $16.00 in a research note on Tuesday. Wall Street Zen raised shares of DigitalBridge Group from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Citizens Jmp downgraded DigitalBridge Group from a “market outperform” rating to a “hold” rating and set a $16.00 price target for the company. in a report on Monday. Zacks Research upgraded DigitalBridge Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 5th. Finally, TD Cowen lifted their price objective on DigitalBridge Group from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, DigitalBridge Group has an average rating of “Hold” and an average target price of $16.67.

Key Stores 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

Hedge Funds Weigh In On DigitalBridge Group

A number of large investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC lifted its stake in shares of DigitalBridge Group by 30.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 86,604 shares of the company’s stock valued at $1,013,000 after purchasing an additional 20,224 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in DigitalBridge Group in the third quarter valued at approximately $214,000. Caxton Associates LLP lifted its position in DigitalBridge Group by 11.0% during the third quarter. Caxton Associates LLP now owns 29,728 shares of the company’s stock valued at $348,000 after buying an additional 2,942 shares in the last quarter. Dark Forest Capital Management LP purchased a new stake in DigitalBridge Group during the third quarter worth approximately $1,567,000. Finally, Qube Research & Technologies Ltd grew its stake in DigitalBridge Group by 6.9% during the third quarter. Qube Research & Technologies Ltd now owns 865,520 shares of the company’s stock worth $10,127,000 after buying an additional 55,596 shares during the period. 92.69% of the stock is currently owned by hedge funds and other institutional investors.

DigitalBridge Group Price Performance

The company has a market cap of $2.80 billion, a price-to-earnings ratio of 255.96 and a beta of 1.77. The firm’s 50-day moving average price is $11.82 and its 200-day moving average price is $11.41.

DigitalBridge Group (NYSE:DBRG) last announced its quarterly earnings results on Thursday, March 21st. The company reported ($0.07) earnings per share for the quarter. DigitalBridge Group had a return on equity of 4.78% and a net margin of 18.57%.The business had revenue of $232.83 million for the quarter. On average, sell-side analysts anticipate 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. Investors of record on Wednesday, December 31st will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.04 annualized dividend and a yield of 0.3%. DigitalBridge Group’s payout ratio is 66.67%.

About DigitalBridge Group

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.