DigitalBridge Gains New Stake from Carmignac; Booking Holdings Target Raised by UBS
Carmignac Gestion purchased 369,415 shares of DigitalBridge Group, Inc., worth about $5.7 million, increasing its holding to roughly 0.20% of the company. The transaction was disclosed in the firm’s latest SEC filing and adds to a broader trend of institutional investors adding positions in DigitalBridge.
Separately, UBS upgraded its outlook for Booking Holdings Inc., raising the price target from $249 to $266 and reaffirming a "buy" rating. The Swiss bank cited strong demand for travel, robust booking growth and improving profitability across the company’s platforms, including Booking.com, Priceline, Agoda, Rentalcars and OpenTable.
Entities: Booking Holdings Inc. · Carmignac Gestion · DigitalBridge Group Inc. · UBS Group AG