Q1 2018 EPS Estimates for Diamondback Energy Lifted by Analyst (FANG)

Marco Green
April 22, 2018

Gratia Capital Llc sold 361,849 shares as the company's stock declined 17.47% with the market. The hedge fund run by Bernard Horn held 48,191 shares of the major banks company at the end of 2017Q4, valued at $1.68M, down from 83,883 at the end of the previous reported quarter. The firm has a market capitalization of $12,651.80, a price-to-earnings ratio of 24.23, a PEG ratio of 0.72 and a beta of 0.83. The stock increased 0.45% or $0.36 during the last trading session, reaching $79.76. About 214,952 shares traded. Chevron Corporation (NYSE:CVX) has risen 7.88% since April 21, 2017 and is uptrending. It has underperformed by 45.38% the S&P500. Williams Capital Group maintained Diamondback Energy, Inc. (FANG) by 2473.33% based on its latest 2017Q4 regulatory filing with the SEC. Denali Advisors Llc bought 37,100 shares as the company's stock rose 3.87% while stock markets declined. New York-based Amer Grp Inc Incorporated has invested 0% in Diamondback Energy, Inc. Janney Montgomery Scott LLC now owns 18,546 shares of the oil and natural gas company's stock valued at $1,817,000 after buying an additional 10,806 shares in the last quarter. (NASDAQ:FANG) on Friday, February 16. It has outperformed by 19.01% the S&P500.

Big Money Sentiment decreased to 1.17 in 2017 Q4. The oil and natural gas company reported $1.56 EPS for the quarter, beating the consensus estimate of $1.40 by $0.16. It worsened, as 49 investors sold FANG shares while 113 reduced holdings. Sterling Capital Management LLC raised its position in shares of Diamondback Energy by 21.0% during the 3rd quarter. 214,554 are held by Strs Ohio. Suntrust Banks invested in 26,341 shares. National Ins Communications Tx, Texas-based fund reported 22,828 shares. Warburg Pincus Llc who had been investing in Diamondback Energy Inc.(1) for a number of months, seems to be less bullish one the $12.61 billion market cap company.

Shares of NASDAQ FANG traded down $0.48 during midday trading on Friday, hitting $128.40. 225 are held by Clearbridge Invests Lc. Fifth Third State Bank holds 0.01% of its capital in Diamondback Energy, Inc. (NASDAQ:FANG) shares with value of $23,128 were sold by Soliman Jennifer. New Mexico Educational Retirement Board stated it has 11,900 shares or 0.04% of all its holdings. (NYSE:SSTK). Bnp Paribas Arbitrage Sa reported 7,664 shares. Rafferty Asset Mngmt Limited Liability Company has 0.05% invested in NGL Energy Partners LP (NYSE:NGL) for 203,128 shares. Precocity Capital LP purchased a new stake in shares of Diamondback Energy during the 3rd quarter valued at $18,123,000. Bw Gestao De Investimentos Ltda sold 9,500 shares as the company's stock rose 3.87% while stock markets declined. Pantermuehl Russell sold 23,760 shares worth $2.98 million. Ascend Capital LLC acquired a new stake in shares of Diamondback Energy in the 4th quarter worth $38,957,000.

ILLEGAL ACTIVITY WARNING: "FY2018 Earnings Estimate for Diamondback Energy Issued By Piper Jaffray (NASDAQ:FANG)" was originally reported by Week Herald and is the property of of Week Herald. Also, CEO Travis D. Stice sold 87,150 shares of the stock in a transaction that occurred on Friday, February 16th. 10,954 shares were sold by BOOR ANTHONY W, worth $1.03 million. The insider HOLDER RANDALL J sold 6,723 shares worth $843,796. (NASDAQ:FANG). Dimensional Fund Advsrs Limited Partnership owns 0.03% invested in Diamondback Energy, Inc. Therefore 88% are positive. The stock has "Equal-Weight" rating by Barclays Capital on Tuesday, September 8. The rating was maintained by Credit Suisse with "Buy" on Tuesday, January 23. The rating was maintained by RBC Capital Markets on Thursday, July 20 with "Buy". On Monday, March 19 the company was maintained by Jefferies. The brokerage presently has a "buy" rating on the oil and natural gas company's stock. Stifel Nicolaus maintained the stock with "Buy" rating in Wednesday, March 28 report. Stifel Nicolaus maintained Diamondback Energy, Inc. Stifel Nicolaus set a $167.00 price objective on Diamondback Energy and gave the stock a "buy" rating in a report on Wednesday, March 28th. (NASDAQ:FANG) earned "Buy" rating by KLR Group on Tuesday, October 11. 400 Diamondback Energy, Inc. (NYSE:CPF) to report earnings on April, 25 before the open. They expect $1.55 EPS, up 49.04 % or $0.51 from last year's $1.04 per share. CVX's profit will be $2.83B for 20.66 P/E if the $1.48 EPS becomes a reality. It also increased its holding in Intuitive Surgical Inc (NASDAQ:ISRG) by 1,163 shares in the quarter, for a total of 1,777 shares, and has risen its stake in General Mls Inc (NYSE:GIS). Its down 0.29, from 1.35 in 2017Q3. It also reduced Viavi Solutions Inc stake by 337,100 shares and now owns 531,000 shares. BidaskClub lowered shares of Diamondback Energy from a "buy" rating to a "hold" rating in a report on Thursday, April 12th. Harvest Cap Mgmt owns 0.14% invested in Chevron Corporation (NYSE:CVX) for 3,056 shares. Fiduciary Trust holds 0.75% or 201,164 shares. First Mercantile Trust stated it has 821 shs. 9,641 are held by Voya Invest Mgmt Ltd Liability Company. Metropolitan Life Ins Ny has invested 0% in Shutterstock, Inc. (NYSE:CPF) for 22,318 shares. Van Eck Assocs Corporation holds 0.01% or 146,789 shares. (NYSE:CPF) for 1,007 shares. Pinebridge Investments LP reported 32,251 shares stake.

Among 5 analysts covering Central Pacific Financial Corp. (NASDAQ:FANG) with "Buy" rating. Therefore 74% are positive. On Thursday, April 5 the rating was maintained by Piper Jaffray with "Buy". As per Wednesday, January 24, the company rating was maintained by Morgan Stanley. The firm has "Buy" rating given on Tuesday, November 21 by Mizuho. The rating was maintained by Piper Jaffray with "Buy" on Thursday, October 19. The firm earned "Buy" rating on Friday, June 30 by Northland Capital. The rating was maintained by Citigroup with "Buy" on Friday, October 27. TheStreet upgraded the stock to "Hold" rating in Friday, October 16 report. The firm earned "Buy" rating on Wednesday, August 10 by Deutsche Bank.

Atria Investments Llc, which manages about $2.88B and $2.01 billion US Long portfolio, upped its stake in Extra Space Storage Inc (NYSE:EXR) by 11,965 shares to 15,000 shares, valued at $1.31 million in 2017Q4, according to the filing.

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