The Diamondback Energy, Inc. (FANG) Receives $115.33 Average Price Target from Analysts

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20 July, 2017

Another trade for 14,655 shares valued at $1.58M was sold by Hollis Michael L. 9,263 shares valued at $990,922 were sold by Molnar Paul on Tuesday, February 21. Following the transaction, the director now owns 2,400 shares in the company, valued at $248,280.

Diamondback Energy, Inc., launched on December 30, 2011, is an independent oil and natural gas company. It closed at $5.05 lastly. The Florida-based Glaxis Capital Management Llc has invested 4.24% in the stock. The oil and natural gas company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.43. Vanguard Group Inc. now owns 7,336,800 shares of the oil and natural gas company's stock worth $760,937,000 after buying an additional 417,820 shares during the last quarter. It has underperformed by 7.76% the S&P500.

A number of research firms have commented on FANG. Four analysts rating the company a strong buy, twenty-four analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $93.97. Therefore 75% are positive. Diamondback Energy had 68 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 14 by Wunderlich. Howard Weil maintained the stock with "Sector Outperform" rating in Wednesday, January 13 report. The firm earned "Equalweight" rating on Thursday, July 14 by Barclays Capital. Arosa Capital Management Lp owns 542,785 shares or 7.58% of their United States portfolio.

Investors sentiment increased to 1.75 in 2016 Q4. Its up 0.47, from 1.28 in 2016Q3. Sold All: 32 Reduced: 90 Increased: 128 New Position: 86. Shares of CSRA have uptrended 15.37% in the past three months, while the industry overall has moved 10.16% in that time. Emerald Advisers Pa holds 31,490 shares. Swiss Financial Bank invested in 0.04% or 238,600 shares.

Diamondback Energy (NASDAQ:FANG) last announced its earnings results on Tuesday, May 2nd. 2,520 are held by Foundry Prns Ltd Liability. Gemmer Asset Mngmt Lc holds 0% or 44 shares in its portfolio. The firm has a market cap of $9.22 billion, a price-to-earnings ratio of 1998.51 and a beta of 1.05. Pnc Finance Service Gp Inc invested in 107,409 shares or 0.01% of the stock. Clinton Gp reported 16,726 shares. Equities research analysts expect that Diamondback Energy will post $4.43 earnings per share for the current year. 17,805 were accumulated by Public Employees Retirement Association Of Colorado. 338,299 are owned by Lord Abbett & Com Ltd Limited Liability Company.

Since February 17, 2017, it had 1 buying transaction, and 15 insider sales for $12.96 million activity. Bnp Paribas Arbitrage Sa stated it has 0% of its portfolio in Diamondback Energy Inc (NASDAQ:FANG). King Luther Mgmt owns 0.02% invested in Diamondback Energy Inc (NASDAQ:FANG) for 24,590 shares. Plaumann Mark Lawrence sold $101,524 worth of stock. The insider Stice Travis D. sold 51,000 shares worth $5.46M. Scotiabank reiterated a "buy" rating and issued a $121.00 target price on shares of Diamondback Energy in a research report on Monday, March 27th. (NYSE:CSRA) has been trading recently. "(MAA) Ex-Dividend Date Scheduled for ..." on July 11, 2017.

Investors sentiment increased to 2.07 in 2016 Q4. It is positive, as 46 investors sold MAA shares while 83 reduced holdings. The company's shares opened today at 91.16. State Of Wisconsin Board reported 98,644 shares or 0.04% of all its holdings. West Oak Capital Limited Liability Company reported 0% stake. 17,540 are owned by Amalgamated Bancshares. It also upped Descartes Sys Group Inc (NASDAQ:DSGX) stake by 35,100 shares and now owns 341,671 shares. 16,525 are owned by Deroy Devereaux Private Invest Counsel. Kanaly Com holds 0% or 27 shares in its portfolio. 197,290 shares or 0.10% less from 197,493 shares in 2016Q3 were reported. Barometer Mngmt invested in 7,000 shares. Howe & Rusling invested in 380 shares. Tortoise Advsr Llc holds 133,452 shares or 0.09% of its portfolio. The disclosure for this purchase can be found here. $49,450 worth of Mid-America Apartment Communities Inc (NYSE:MAA) was bought by Shorb Gary on Tuesday, May 9. Northland Securities' price objective would suggest a potential upside of 38.17% from the company's current price. Therefore 63% are positive. FANG was included in 66 notes of analysts from July 21, 2015. 4 of them rate its stock a hold. On Thursday, March 23 the stock rating was reinitiated by UBS with "Neutral". On Thursday, August 4 the stock rating was maintained by SunTrust with "Buy". The firm earned "Outperform" rating on Wednesday, November 30 by BMO Capital Markets.

On July 20, 2016 the stock rating was set at "Buy" by Canaccord Genuity up from the previous "Buy" rating.

Telemus Capital Llc, which manages about $2.42B and $736.98 million US Long portfolio, decreased its stake in Allergan Plc by 10,851 shares to 6,819 shares, valued at $1.43M in 2016Q4, according to the filing. "(NASDAQ:FANG) Expected to Post Earnings of $1.04 Per Share" was posted by Sports Perspectives and is the property of of Sports Perspectives.

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