Eagle Boston Investment Management Inc buys $11,166,462 stake in DigitalGlobe Inc (DGI)

DigitalGlobe Inc (DGI) : Eagle Boston Investment Management Inc scooped up 12,281 additional shares in DigitalGlobe Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 470,960 shares of DigitalGlobe Inc which is valued at $11,166,462.DigitalGlobe Inc makes up approximately 1.46% of Eagle Boston Investment Management Inc’s portfolio.

Other Hedge Funds, Including , Acadian Asset Management reduced its stake in DGI by selling 16,646 shares or 58.81% in the most recent quarter. The Hedge Fund company now holds 11,660 shares of DGI which is valued at $276,459. Id Management As added DGI to its portfolio by purchasing 5,000 company shares during the most recent quarter which is valued at $114,200. DigitalGlobe Inc makes up approx 0.03% of Id Management As’s portfolio.Curian Capital reduced its stake in DGI by selling 18,640 shares or 64.68% in the most recent quarter. The Hedge Fund company now holds 10,181 shares of DGI which is valued at $228,054. DigitalGlobe Inc makes up approx 0.02% of Curian Capital’s portfolio.

DigitalGlobe Inc opened for trading at $22.97 and hit $23.76 on the upside on Wednesday, eventually ending the session at $23.71, with a gain of 3.45% or 0.79 points. The heightened volatility saw the trading volume jump to 5,09,891 shares. Company has a market cap of $1,493 M.

On the company’s financial health, DigitalGlobe Inc reported $0.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.18 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $-0.07. The company had revenue of $175.40 million for the quarter, compared to analysts expectations of $166.52 million. The company’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.08 EPS.

Many Wall Street Analysts have commented on DigitalGlobe Inc. DigitalGlobe Inc was Downgraded by Morgan Stanley to ” Equal-Weight” on May 17, 2016.

DigitalGlobe Inc. (DigitalGlobe) is a provider of geospatial information products and services. The Company’s products and services support users in a variety of fields including defense intelligence and homeland security mapping and analysis environmental monitoring oil and gas exploration and infrastructure management. The Company offers earth imagery products that include imagery from its constellation of high-resolution satellites as well as satellite and aerial imagery acquired from a third party supplier. The Company processes its imagery to varying levels according to its customers’ specifications and delivers its products using the distribution method that suits its customers’ needs. DigitalGlobe sell its products and services through a combination of direct and indirect channels consisting of a global network of resellers strategic partners direct enterprise sales and web.

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