OMERS ADMINISTRATION Corp Acquires New Position in DigitalGlobe Inc (DGI)

OMERS ADMINISTRATION Corp acquired a new stake in shares of DigitalGlobe Inc (NYSE:DGI) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 129,300 shares of the technology company’s stock, valued at approximately $4,235,000.

Other hedge funds have also made changes to their positions in the company. Bbva Compass Bancshares Inc. boosted its stake in shares of DigitalGlobe by 2.0% in the first quarter. Bbva Compass Bancshares Inc. now owns 21,334 shares of the technology company’s stock valued at $698,000 after buying an additional 416 shares during the last quarter. Suntrust Banks Inc. boosted its stake in shares of DigitalGlobe by 2.9% in the first quarter. Suntrust Banks Inc. now owns 16,903 shares of the technology company’s stock valued at $553,000 after buying an additional 475 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of DigitalGlobe by 1.0% in the third quarter. California State Teachers Retirement System now owns 133,748 shares of the technology company’s stock valued at $3,678,000 after buying an additional 1,300 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of DigitalGlobe by 1.2% in the first quarter. Parametric Portfolio Associates LLC now owns 114,660 shares of the technology company’s stock valued at $3,755,000 after buying an additional 1,394 shares during the last quarter. Finally, Bayesian Capital Management LP boosted its stake in shares of DigitalGlobe by 14.7% in the fourth quarter. Bayesian Capital Management LP now owns 10,939 shares of the technology company’s stock valued at $313,000 after buying an additional 1,400 shares during the last quarter.

Institutional Ownership by Quarter for DigitalGlobe (NYSE:DGI)

DigitalGlobe Inc (NYSE:DGI) traded up 0.48% during trading on Friday, hitting $31.25. 207,200 shares of the company traded hands. DigitalGlobe Inc has a 52-week low of $19.44 and a 52-week high of $35.95. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 176.55 and a beta of 0.33. The company’s 50-day moving average is $32.38 and its 200 day moving average is $30.84.

DigitalGlobe (NYSE:DGI) last posted its quarterly earnings data on Tuesday, May 2nd. The technology company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by $0.02. DigitalGlobe had a net margin of 6.28% and a return on equity of 3.71%. The firm had revenue of $209.70 million during the quarter, compared to analysts’ expectations of $199.07 million. On average, equities analysts anticipate that DigitalGlobe Inc will post ($0.02) earnings per share for the current year.

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Several analysts have commented on the stock. Chardan Capital restated a “neutral” rating and set a $35.00 price objective on shares of DigitalGlobe in a research note on Tuesday, February 21st. Jefferies Group LLC decreased their target price on shares of DigitalGlobe from $44.00 to $38.50 and set a “buy” rating for the company in a research note on Wednesday, March 1st. Finally, Dougherty & Co cut shares of DigitalGlobe from a “buy” rating to a “neutral” rating in a research note on Monday, February 27th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $31.79.

In related news, Director Howell M. Estes sold 4,500 shares of DigitalGlobe stock in a transaction on Friday, April 7th. The shares were sold at an average price of $32.92, for a total value of $148,140.00. Following the transaction, the director now directly owns 62,363 shares in the company, valued at approximately $2,052,989.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last quarter, insiders sold 6,000 shares of company stock worth $196,315. 1.90% of the stock is currently owned by insiders.

DigitalGlobe Company 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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