As Diamondback Energy INC (FANG) Shares Declined, Northeast Investment Management Decreased Stake

Big Money Sentiment increased to 2.48 in 2018 Q4. It has change of 1.23, from 2018Q3’s 1.25. The ratio improved due to FANG positioning: 55 sold and 82 reduced. 139 funds bought stakes and 201 increased stakes. Investors holded 107.00 million in 2018Q3 but now own 161.29 million shares or 50.75% more. State Of Alaska Department Of Revenue invested 0.04% in Diamondback Energy, Inc. (NASDAQ:FANG). Louisiana State Employees Retirement System stated it has 0.04% of its capital in Diamondback Energy, Inc. (NASDAQ:FANG). Ci Inc owns 54,557 shs. Eagle Asset Mngmt Inc holds 0.5% of its capital in Diamondback Energy, Inc. (NASDAQ:FANG) for 854,827 shs. Texas Cap Financial Bank Tx reported 8,646 shs stake. Toth Advisory accumulated 143 shs. The Florida-based Raymond James Financial Svcs Advisors Inc has invested 0.02% in Diamondback Energy, Inc. (NASDAQ:FANG). Mitsubishi Ufj Tru & owns 116,920 shs. Adams Diversified Equity Fund invested 0.52% of its capital in Diamondback Energy, Inc. (NASDAQ:FANG). Savings Bank Of Nova Scotia has invested 0.01% in Diamondback Energy, Inc. (NASDAQ:FANG). North Carolina-based Piedmont Invest Advsrs has invested 0.02% in Diamondback Energy, Inc. (NASDAQ:FANG). Jefferies Gru has 1.4% invested in Diamondback Energy, Inc. (NASDAQ:FANG). Asset Management holds 0.09% of its capital in Diamondback Energy, Inc. (NASDAQ:FANG) for 50,523 shs. Axa holds 0.03% of its capital in Diamondback Energy, Inc. (NASDAQ:FANG) for 77,554 shs. Capital Research Glob Invsts stated it has 8.91M shs or 0.29% of all its holdings.

FANG had 4 insider sales and 0 insider purchases since September 19, 2018. This’s net activity of $1.12 million. On Thursday, December 20 $89,913 worth of stock was sold by Van’t Hof Matthew Kaes. Molnar Paul sold $638,183 worth of Diamondback Energy, Inc. (NASDAQ:FANG) or 5,000 shs on Thursday, September 20.

Northeast Investment Management’s stake in Diamondback Energy Inc (FANG) is decreased by 46.23% based on its latest 2018Q4 regulatory filing with the SEC. 36,552 shares were sold by Northeast Investment Management as the company’s stock declined 4.67% while stock markets rallied. At the end of 2018Q4, the 42,516 shares of the energy company held by the institutional investor were valued at $3.94M, down from 79,068 at the end of the previous reported quarter. For a total of 69,080 shares it increased its holding in Nextera Energy Inc (NYSE:NEE) by 32,099 shares in the quarter, and has risen its stake in Vanguard S&P 500 Etf (VOO).

Investors expect Diamondback Energy, Inc. (NASDAQ:FANG)’s quarterly earnings on May, 14., RTT reports. Analysts forecast $1.51 earnings per share, which is $0.13 down or 7.93 % from 2018’s $1.64 earnings per share. FANG’s profit could reach $248.22 million if the current earnings per share of $1.51 is accurate. 24.79 % EPS growth is what Wall Street’s forecasts after $1.21 reported EPS last quarter.

For more Diamondback Energy, Inc. (NASDAQ:FANG) news announced recently go to: Benzinga.com, Seekingalpha.com, Nasdaq.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “Earnings Scheduled For February 19, 2019 – Benzinga” announced on February 19, 2019, “Diamondback Energy: Fourth-Quarter Review – Seeking Alpha” on February 25, 2019, “S&P 500 Analyst Moves: FANG – Nasdaq” with a publish date: December 11, 2018, “After-Hours Earnings Report for February 19, 2019 : CXO, VRSK, FE, AWK, AGR, CDNS, HST, DVN, FANG, HLF, KAR, ACC – Nasdaq” and the last “Diamondback Energy Still Growing Strong After The Merger – Seeking Alpha” with publication date: February 11, 2019.

Diamondback Energy, Inc. (NASDAQ:FANG) Ratings Coverage

In total 9 analysts cover Diamondback Energy (NASDAQ:FANG). “Buy” rating has 9, “Sell” are 0, while 0 are “Hold”. (NASDAQ:FANG) has 100% bullish analysts. 14 are the (NASDAQ:FANG)’s ratings reports on Mar 11, 2019 according to StockzIntelligence Inc. On Friday, September 28 the firm earned “Overweight” rating by PiperJaffray. On Wednesday, September 26 the firm has “Overweight” rating given by Morgan Stanley. On Friday, October 12 the stock has “Overweight” rating by Morgan Stanley. On Tuesday, December 11 the firm has “Buy” rating given by Citigroup. In Wednesday, February 20 report Williams Capital Group maintained it with “Buy” rating and $153 target. On Wednesday, October 24 Wells Fargo reinitiated the shares of FANG in report with “Outperform” rating. On Thursday, February 21 the firm has “Overweight” rating by Morgan Stanley given. On Tuesday, November 20 Morgan Stanley maintained the shares of FANG in report with “Overweight” rating. On Sunday, November 25 Stifel Nicolaus maintained Diamondback Energy, Inc. (NASDAQ:FANG) rating. Stifel Nicolaus has “Buy” rating and $18900 target.

Diamondback Energy, Inc. (NASDAQ:FANG) Institutional Investors Chart

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