New York: Diamondback (NASDAQ:FANG) Stock Has Just Had Its Buy Rating Reiterated by Stifel Nicolaus. Shares now Have a $189.0000 Target

Investors sentiment decreased to 0.97 in 2018 Q2. Its down 0.10, from 1.07 in 2018Q1. It dived, as 53 investors sold Diamondback Energy, Inc. shares while 126 reduced holdings. 55 funds opened positions while 118 raised stakes. 98.99 million shares or 0.15% more from 98.84 million shares in 2018Q1 were reported.

247,566 were reported by Fil Ltd. Cambrian Capital Lp reported 37,361 shares or 4.77% of all its holdings. Tiaa Cref Investment Management Ltd Limited Liability Company holds 1.68M shares. Hrt Financial Ltd Liability Corporation holds 1,981 shares or 0.11% of its portfolio. Schwab Charles Inv Mngmt reported 0.03% of its portfolio in Diamondback Energy, Inc. (NASDAQ:FANG). Moreover, Prelude Mngmt Ltd Limited Liability Company has 0.05% invested in Diamondback Energy, Inc. (NASDAQ:FANG). Teacher Retirement System Of Texas accumulated 19,916 shares or 0.02% of the stock. Cornerstone Advsrs has invested 0.02% in Diamondback Energy, Inc. (NASDAQ:FANG). Ftb Inc owns 436 shares or 0% of their US portfolio. Piedmont Inv Ltd Liability Com owns 1,964 shares. Zacks reported 0.15% stake. Fukoku Mutual Life holds 0.03% in Diamondback Energy, Inc. (NASDAQ:FANG) or 1,600 shares. Artisan Prtnrs Ltd Partnership stated it has 5,035 shares. Cap Glob reported 0.28% stake. Pathstone Family Office Ltd Liability Co owns 56 shares or 0.01% of their US portfolio.

Since June 20, 2018, it had 0 insider buys, and 6 sales for $1.80 million activity. Shares for $638,183 were sold by Molnar Paul on Thursday, September 20. Van’t Hof Matthew Kaes had sold 832 shares worth $106,876. Another trade for 5,000 shares valued at $644,250 was sold by Hollis Michael L..

Diamondback (NASDAQ:FANG) Rating Reaffirmed

In a note released on Sunday, 25 November, The Buy rating of Diamondback (NASDAQ:FANG) shares was maintained by Stifel Nicolaus, who now has a $189.0000 PT on the stock. Stifel Nicolaus’s PT means a possible upside of 71.23 % from the last price of the company.

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

Among 11 analysts covering Diamondback Energy (NASDAQ:FANG), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. Diamondback Energy has $18900 highest and $153 lowest target. $175’s average target is 58.54% above currents $110.38 stock price. Diamondback Energy had 15 analyst reports since June 19, 2018 according to SRatingsIntel. The stock of Diamondback Energy, Inc. (NASDAQ:FANG) has “Overweight” rating given on Thursday, July 12 by Morgan Stanley. On Friday, September 28 the stock rating was reinitiated by PiperJaffray with “Overweight”. The rating was maintained by Morgan Stanley on Thursday, August 16 with “Overweight”. The stock of Diamondback Energy, Inc. (NASDAQ:FANG) has “Buy” rating given on Monday, August 20 by Williams Capital Group. The stock of Diamondback Energy, Inc. (NASDAQ:FANG) earned “Overweight” rating by Morgan Stanley on Wednesday, September 26. The stock of Diamondback Energy, Inc. (NASDAQ:FANG) has “Overweight” rating given on Friday, October 12 by Morgan Stanley. Jefferies maintained the stock with “Buy” rating in Tuesday, June 19 report. On Sunday, November 25 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Diamondback Energy, Inc. (NASDAQ:FANG) earned “Outperform” rating by Wells Fargo on Wednesday, October 24. BMO Capital Markets downgraded the shares of FANG in report on Wednesday, August 15 to “Market Perform” rating.

The stock decreased 1.45% or $1.62 during the last trading session, reaching $110.38. About 33.05 million shares traded or 1230.90% up from the average. Diamondback Energy, Inc. (NASDAQ:FANG) has risen 33.29% since December 2, 2017 and is uptrending. It has outperformed by 17.67% the S&P500.

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 $11.18 billion. The Company’s activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, and Atoka formations. It has a 16.76 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.

More notable recent Diamondback Energy, Inc. (NASDAQ:FANG) news were published by: Fool.com which released: “Oil Stocks: The Shale Merger Wave Continues to Strengthen – Motley Fool” on November 19, 2018, also Cnbc.com with their article: “Expert: Sell-off in FANG pulling down the rest of Nasdaq stocks too – CNBC” published on November 12, 2018, Nasdaq.com published: “Retail gloom, tech weakness pin down Wall Street – Nasdaq” on November 20, 2018. More interesting news about Diamondback Energy, Inc. (NASDAQ:FANG) were released by: Cnbc.com and their article: “This beaten-up group must rebound before Nasdaq can recover, investor Paul Meeks says – CNBC” published on November 15, 2018 as well as Nasdaq.com‘s news article titled: “Diamondback Energy, Inc. Announces Third Quarter 2018 Financial and Operating Results – Nasdaq” with publication date: November 06, 2018.

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

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