Stice Sells 35000 Shares of Diamondback Energy Inc (NASDAQ:FANG) Stock

Mindy Sparks
January 23, 2018

The institutional investor held 3,458 shares of the energy company at the end of 2017Q3, valued at $339,000, down from 6,844 at the end of the previous reported quarter. State Of New Jersey Common Pension Fund D who had been investing in Tc Pipelines Lp for a number of months, seems to be bullish on the $3.94B market cap company. The stock increased 0.07% or $0.1 during the last trading session, reaching $135.18. This segment provides clients information processing solutions, such as tracking of purchases, redemptions, and exchanges and transfers of shares; maintaining investor identification and ownership records; reconciling cash and share activity; processing dividends; reporting sales; performing tax and other compliance functions; and providing information for printing of investor trade confirmations, statements, and year-end tax forms. Harsco Corporation (NYSE:HSC) has risen 133.61% since January 23, 2017 and is uptrending. It has underperformed by 19.06% the S&P500. Wilbanks Smith Thomas Asset Limited Co owns 0.06% invested in Cigna Corporation (NYSE:CI) for 4,040 shares. The institutional investor held 21,000 shares of the energy company at the end of 2017Q3, valued at $2.25 million, up from 14,000 at the end of the previous reported quarter.

According to Zacks, "Diamondback Energy, Inc.is an oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas". The stock decreased 0.07% or $0.15 during the last trading session, reaching $220. About 585,348 shares traded.

Diamondback Energy (NASDAQ:FANG) last released its quarterly earnings data on Monday, November 6th. It has outperformed by 1.92% the S&P500. (NASDAQ:FANG). Thrivent Fincl For Lutherans, Minnesota-based fund reported 64 shares. 81 funds opened positions while 368 raised stakes. BNP Paribas Arbitrage SA raised its position in Diamondback Energy by 537.9% in the third quarter. Next Century Growth Invsts Limited Liability Corporation owns 1,732 shares or 0.02% of their United States portfolio. 117,220 are held by Richard C Young And. Cetera Advisor Llc invested in 0.02% or 2,221 shares. Fiduciary Financial Ser Of The Southwest Tx invested 0.57% in TC PipeLines, LP (NYSE:TCP). Artisan Partners Limited Partnership now owns 1,847,919 shares of the oil and natural gas company's stock worth $164,114,000 after buying an additional 1,674,336 shares during the period. Dimensional Fund Limited Partnership accumulated 396,960 shares or 0.02% of the stock. 206.32 million shares or 5.35% less from 217.98 million shares in 2017Q2 were reported. (NYSE:WMT) was sold by WALTON ALICE L. Another trade for 775,958 shares valued at $62.26M was sold by WALTON S ROBSON. 21,497 are held by Exchange Capital Mgmt. Capital Analysts LLC now owns 9,479 shares of the oil and natural gas company's stock worth $929,000 after purchasing an additional 469 shares in the last quarter. Therefore 40% are positive. The firm has "Buy" rating given on Wednesday, October 18 by KeyBanc Capital Markets. (NASDAQ:FANG) has "Buy" rating given on Monday, January 22 by Roth Capital. On Tuesday, October 10 the stock rating was maintained by BMO Capital Markets with "Buy". The company now has a consensus rating of "Buy" and an average target price of $127.96. The firm earned "Buy" rating on Sunday, August 20 by RBC Capital Markets. On Friday, August 7 the stock rating was maintained by Canaccord Genuity with "Hold". Mizuho set a $148.00 price objective on shares of Diamondback Energy and gave the company a "buy" rating in a report on Tuesday, January 16th.


Investors sentiment increased to 1.53 in 2017 Q3. Its down 0.01, from 0.9 in 2017Q2. It is positive, as 43 investors sold FANG shares while 92 reduced holdings. Viking Fund Management LLC boosted its position in shares of Diamondback Energy by 6.3% during the third quarter. Deutsche Bank AG reiterated a "buy" rating and issued a $104.00 target price on shares of Diamondback Energy in a report on Thursday, August 4th.

TRADEMARK VIOLATION WARNING: "Zacks Investment Research Lowers Diamondback Energy (FANG) to Hold" was reported by BBNS and is the property of of BBNS. The oil and natural gas company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.31. Amer Century Incorporated invested in 0% or 16,854 shares.

Analysts await Diamondback Energy, Inc. Energy Opportunities Capital Management LLC now owns 16,000 shares of the oil and natural gas company's stock worth $1,421,000 after purchasing an additional 170 shares in the last quarter. First Tru Advisors LP invested 0.01% of its portfolio in Diamondback Energy, Inc. (NASDAQ:FANG). Gsa Prns Llp has 8,484 shares for 0.06% of their portfolio. Federated Pa stated it has 0.01% in Diamondback Energy, Inc. (NASDAQ:FANG). Avalon Advsr stated it has 11,125 shares or 0.03% of all its holdings. $44,710 worth of Diamondback Energy, Inc. Finally, BidaskClub upgraded Diamondback Energy from a buy rating to a strong-buy rating in a research report on Friday, December 22nd. Moreover, Raymond James And Assoc has 0.04% invested in Diamondback Energy, Inc. (NASDAQ:AFH) by 26,810 shares to 125,200 shares, valued at $2.37 million in 2017Q3, according to the filing. Asset Management Inc accumulated 0.01% or 3,810 shares. Williams Capital Group initiated the shares of FANG in report on Monday, August 29 with "Hold" rating. (NASDAQ:FANG) has "Overweight" rating given on Tuesday, March 15 by JP Morgan. The stock has "Overweight" rating by Barclays Capital on Monday, November 20. (NYSE:BCE) on Tuesday, October 27 to "Underperform" rating. The firm has "Hold" rating given on Wednesday, January 3 by Goldman Sachs. The company was maintained on Thursday, July 13 by Stifel Nicolaus. The stock has "Buy" rating by Sandler O'Neill on Monday, November 7. The rating was maintained by Northland Capital on Monday, September 25 with "Buy". The stock has "Equalweight" rating by Barclays Capital on Thursday, July 14. The firm has "Buy" rating given on Wednesday, June 7 by Jefferies.

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