DigitalGlobe, Inc (DGI) Stake Lifted by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. lifted its position in DigitalGlobe, Inc (NYSE:DGI) by 206.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,092,366 shares of the technology company’s stock after purchasing an additional 736,487 shares during the period. Goldman Sachs Group Inc. owned about 1.75% of DigitalGlobe worth $36,376,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of DGI. Voya Investment Management LLC lifted its stake in DigitalGlobe by 7.4% in the second quarter. Voya Investment Management LLC now owns 29,365 shares of the technology company’s stock worth $978,000 after acquiring an additional 2,031 shares during the period. Parametric Portfolio Associates LLC lifted its stake in DigitalGlobe by 11.3% in the second quarter. Parametric Portfolio Associates LLC now owns 127,573 shares of the technology company’s stock worth $4,248,000 after acquiring an additional 12,913 shares during the period. K2 Principal Fund L.P. lifted its stake in DigitalGlobe by 70.2% in the second quarter. K2 Principal Fund L.P. now owns 187,416 shares of the technology company’s stock worth $6,241,000 after acquiring an additional 77,293 shares during the period. Vanguard Group Inc. lifted its stake in DigitalGlobe by 0.5% in the second quarter. Vanguard Group Inc. now owns 4,919,504 shares of the technology company’s stock worth $163,819,000 after acquiring an additional 24,208 shares during the period. Finally, Public Sector Pension investment Board lifted its stake in DigitalGlobe by 84.9% in the second quarter. Public Sector Pension investment Board now owns 647,233 shares of the technology company’s stock worth $21,553,000 after acquiring an additional 297,233 shares during the period. Hedge funds and other institutional investors own 96.26% of the company’s stock.

Shares of DigitalGlobe, Inc (NYSE:DGI) opened at 34.40 on Tuesday. The company has a 50-day moving average price of $34.57 and a 200-day moving average price of $33.21. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of 1011.76 and a beta of 1.03. DigitalGlobe, Inc has a 52 week low of $23.95 and a 52 week high of $35.95.

DigitalGlobe (NYSE:DGI) last announced its quarterly earnings data on Thursday, July 20th. The technology company reported $0.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.07. The company had revenue of $225.70 million for the quarter, compared to the consensus estimate of $209.13 million. DigitalGlobe had a return on equity of 2.40% and a net margin of 0.64%. DigitalGlobe’s quarterly revenue was up 28.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.17 EPS. Equities analysts anticipate that DigitalGlobe, Inc will post ($0.08) EPS for the current year.

TRADEMARK VIOLATION NOTICE: This story was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://ledgergazette.com/2017/10/10/digitalglobe-inc-dgi-stake-lifted-by-goldman-sachs-group-inc.html.

A number of brokerages recently commented on DGI. BidaskClub raised DigitalGlobe from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Piper Jaffray Companies lowered DigitalGlobe from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from

Several other institutional investors have also recently modified their holdings of DGI. Voya Investment Management LLC lifted its stake in DigitalGlobe by 7.4% in the second quarter. Voya Investment Management LLC now owns 29,365 shares of the technology company’s stock worth $978,000 after acquiring an additional 2,031 shares during the period. Parametric Portfolio Associates LLC lifted its stake in DigitalGlobe by 11.3% in the second quarter. Parametric Portfolio Associates LLC now owns 127,573 shares of the technology company’s stock worth $4,248,000 after acquiring an additional 12,913 shares during the period. K2 Principal Fund L.P. lifted its stake in DigitalGlobe by 70.2% in the second quarter. K2 Principal Fund L.P. now owns 187,416 shares of the technology company’s stock worth $6,241,000 after acquiring an additional 77,293 shares during the period. Vanguard Group Inc. lifted its stake in DigitalGlobe by 0.5% in the second quarter. Vanguard Group Inc. now owns 4,919,504 shares of the technology company’s stock worth $163,819,000 after acquiring an additional 24,208 shares during the period. Finally, Public Sector Pension investment Board lifted its stake in DigitalGlobe by 84.9% in the second quarter. Public Sector Pension investment Board now owns 647,233 shares of the technology company’s stock worth $21,553,000 after acquiring an additional 297,233 shares during the period. Hedge funds and other institutional investors own 96.26% of the company’s stock.

Shares of DigitalGlobe, Inc (NYSE:DGI) opened at 34.40 on Tuesday. The company has a 50-day moving average price of $34.57 and a 200-day moving average price of $33.21. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of 1011.76 and a beta of 1.03. DigitalGlobe, Inc has a 52 week low of $23.95 and a 52 week high of $35.95.

DigitalGlobe (NYSE:DGI) last announced its quarterly earnings data on Thursday, July 20th. The technology company reported $0.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.07. The company had revenue of $225.70 million for the quarter, compared to the consensus estimate of $209.13 million. DigitalGlobe had a return on equity of 2.40% and a net margin of 0.64%. DigitalGlobe’s quarterly revenue was up 28.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.17 EPS. Equities analysts anticipate that DigitalGlobe, Inc will post ($0.08) EPS for the current year.

TRADEMARK VIOLATION NOTICE: This story was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://ledgergazette.com/2017/10/10/digitalglobe-inc-dgi-stake-lifted-by-goldman-sachs-group-inc.html.

A number of brokerages recently commented on DGI. BidaskClub raised DigitalGlobe from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Piper Jaffray Companies lowered DigitalGlobe from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $37.00 to $34.00 in a research note on Friday, July 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $33.90.

DigitalGlobe Profile

DigitalGlobe, Inc is a provider of Earth imagery, data and analysis. The Company’s imagery solutions and other services support a range of uses, including mission-planning, mapping and analysis, environmental monitoring, oil and gas exploration and infrastructure management. The Company’s imagery solutions and other services are sourced from its own satellite constellation and third-party providers.

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Institutional Ownership by Quarter for DigitalGlobe (NYSE:DGI)

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