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Diamondback Energy, Inc. (FANG) Reaches $122.87 After 3.00% Up Move; Last Week IBI Group Inc. (TSE:IBG) Coverage

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Among 3 analysts covering IBI Group (TSE:IBG), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. IBI Group had 8 analyst reports since August 17, 2015 according to SRatingsIntel. The firm earned “Sector Perform” rating on Thursday, December 1 by Scotia Capital. The stock has “Hold” rating by Canaccord Genuity on Wednesday, June 15. Raymond James upgraded IBI Group Inc. (TSE:IBG) on Tuesday, November 17 to “Outperform” rating. The rating was downgraded by Raymond James on Friday, March 10 to “Market Perform”. See IBI Group Inc. (TSE:IBG) latest ratings:

The stock of Diamondback Energy, Inc. (NASDAQ:FANG) is a huge mover today! The stock increased 3.22% or $3.83 during the last trading session, reaching $122.87. About 374,634 shares traded. Diamondback Energy, Inc. (NASDAQ:FANG) has risen 30.56% since April 17, 2017 and is uptrending. It has outperformed by 19.01% the S&P500.The move comes after 8 months positive chart setup for the $12.06B company. It was reported on Apr, 17 by We have $126.56 PT which if reached, will make NASDAQ:FANG worth $361.86M more.

Among 41 analysts covering Diamondback Energy (NASDAQ:FANG), 36 have Buy rating, 0 Sell and 5 Hold. Therefore 88% are positive. Diamondback Energy had 124 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, April 5 by Piper Jaffray. The rating was maintained by Piper Jaffray with “Buy” on Thursday, October 19. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, January 29. Northland Capital maintained Diamondback Energy, Inc. (NASDAQ:FANG) rating on Friday, August 7. Northland Capital has “Outperform” rating and $83 target. The stock of Diamondback Energy, Inc. (NASDAQ:FANG) earned “Buy” rating by SunTrust on Thursday, August 4. The stock of Diamondback Energy, Inc. (NASDAQ:FANG) earned “Buy” rating by BMO Capital Markets on Tuesday, August 1. The company was maintained on Thursday, July 13 by Stifel Nicolaus. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, June 14. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, October 18 report. The stock of Diamondback Energy, Inc. (NASDAQ:FANG) has “Hold” rating given on Wednesday, February 14 by Williams Capital Group.

Analysts await Diamondback Energy, Inc. (NASDAQ:FANG) to report earnings on May, 1. They expect $1.55 EPS, up 49.04% or $0.51 from last year’s $1.04 per share. FANG’s profit will be $152.16 million for 19.82 P/E if the $1.55 EPS becomes a reality. After $1.56 actual EPS reported by Diamondback Energy, Inc. for the previous quarter, Wall Street now forecasts -0.64% negative EPS growth.

Since October 27, 2017, it had 0 buys, and 16 insider sales for $24.02 million activity. $2.98 million worth of Diamondback Energy, Inc. (NASDAQ:FANG) shares were sold by Pantermuehl Russell. Hollis Michael L. sold $210,000 worth of stock. 87,150 shares were sold by Stice Travis D., worth $10.91 million on Friday, February 16. Dick Teresa L. also sold $112,129 worth of Diamondback Energy, Inc. (NASDAQ:FANG) shares. Shares for $559,142 were sold by Molnar Paul. 665 shares valued at $83,876 were sold by Van’t Hof Matthew Kaes on Friday, February 16. $23,128 worth of stock was sold by Soliman Jennifer on Friday, February 16.

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas. The company has market cap of $12.06 billion. The Company’s activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, and Atoka formations. It has a 24.87 P/E ratio. As of December 31, 2016, the companyÂ’s net acreage position is approximately 105,894 acres in the Permian Basin; and estimated proved oil and natural gas reserves were 205,457 thousand barrels of crude oil equivalent.

Investors sentiment decreased to 1.17 in Q4 2017. Its down 0.36, from 1.53 in 2017Q3. It worsened, as 49 investors sold Diamondback Energy, Inc. shares while 113 reduced holdings. 72 funds opened positions while 117 raised stakes. 99.08 million shares or 5.50% less from 104.84 million shares in 2017Q3 were reported. 533,535 were reported by Invesco Limited. Fmr Ltd Liability Corporation has 10.96M shares for 0.16% of their portfolio. Teacher Retirement Of Texas holds 23,943 shares or 0.02% of its portfolio. Macquarie Gru Limited, Australia-based fund reported 293,815 shares. Price T Rowe Assocs Md owns 2.79M shares for 0.06% of their portfolio. Zacks holds 0.14% or 50,278 shares in its portfolio. Cwm Lc invested 0.06% of its portfolio in Diamondback Energy, Inc. (NASDAQ:FANG). The Michigan-based Exchange Cap Mngmt has invested 0.91% in Diamondback Energy, Inc. (NASDAQ:FANG). Sg Americas Secs Ltd Liability Com invested in 0.01% or 5,077 shares. Wells Fargo & Com Mn has invested 0.02% in Diamondback Energy, Inc. (NASDAQ:FANG). Tiaa Cref Investment Management Ltd Liability Corporation holds 1.81M shares or 0.15% of its portfolio. Envestnet Asset Mngmt accumulated 27,370 shares. Huntington National Bank & Trust stated it has 427 shares or 0% of all its holdings. Boothbay Fund Management Lc has 0.14% invested in Diamondback Energy, Inc. (NASDAQ:FANG). Pinnacle Fincl Partners owns 1,717 shares.

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

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