Readystate Asset Management LP Takes $1.13 Million Position in Blackstone Digital Infrastructure Trust Inc. $BXDC

Readystate Asset Management LP bought a new stake in shares of Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDCFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 52,100 shares of the company’s stock, valued at approximately $1,127,000. Readystate Asset Management LP owned about 0.05% of Blackstone Digital Infrastructure Trust as of its most recent SEC filing.

Separately, Fund 1 Investments LLC purchased a new stake in Blackstone Digital Infrastructure Trust in the 2nd quarter valued at $2,731,000.

Blackstone Digital Infrastructure Trust Trading Up 0.1%

Shares of NYSE BXDC opened at $20.36 on Tuesday. The company’s 50 day simple moving average is $20.56. Blackstone Digital Infrastructure Trust Inc. has a one year low of $19.20 and a one year high of $22.90.

Blackstone Digital Infrastructure Trust (NYSE:BXDCGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.04. As a group, sell-side analysts predict that Blackstone Digital Infrastructure Trust Inc. will post 0.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Zacks Research raised shares of Blackstone Digital Infrastructure Trust to a “hold” rating in a research report on Tuesday, June 9th. BMO Capital Markets dropped their price target on Blackstone Digital Infrastructure Trust from $23.00 to $22.00 and set a “market perform” rating on the stock in a research report on Tuesday, August 4th. Citigroup began coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday, June 8th. They issued a “neutral” rating and a $23.00 price objective for the company. Moffett Nathanson assumed coverage on Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued a “neutral” rating and a $21.00 target price for the company. Finally, Royal Bank Of Canada began coverage on shares of Blackstone Digital Infrastructure Trust in a report on Monday, June 8th. They issued an “outperform” rating and a $24.00 price target for the company. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $23.71.

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About Blackstone Digital Infrastructure Trust

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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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