Diamondback (FANG) Investors: Stephens Reconfirms Buy Rating, Sees $169.0000/Share; Clinton Group Has Upped Firstenergy (FE) Position By $2.51 Million

FirstEnergy Corp. (NYSE:FE) Logo

Clinton Group Inc increased Firstenergy Corp (FE) stake by 429.69% reported in 2017Q4 SEC filing. Clinton Group Inc acquired 83,721 shares as Firstenergy Corp (FE)’s stock rose 13.29%. The Clinton Group Inc holds 103,205 shares with $3.16 million value, up from 19,484 last quarter. Firstenergy Corp now has $16.35 billion valuation. The stock decreased 0.61% or $0.21 during the last trading session, reaching $34.29. About 8.44 million shares traded or 17.94% up from the average. FirstEnergy Corp. (NYSE:FE) has risen 10.00% since April 25, 2017 and is uptrending. It has underperformed by 1.55% the S&P500.

New York: In a research report sent to investors on Tuesday, 24 April, Stephens reaffirmed their Buy rating on shares of Diamondback (NASDAQ:FANG). They currently have a $169.0000 price target on the firm. Stephens’s target indicates a potential upside of 34.42% from the company’s previous close.

Since October 27, 2017, it had 0 insider buys, and 16 insider sales for $24.16 million activity. The insider Hollis Michael L. sold 3,000 shares worth $356,400. Dick Teresa L. had sold 1,000 shares worth $112,129. $1.58 million worth of stock was sold by Molnar Paul on Friday, February 16. 6,723 shares valued at $843,796 were sold by HOLDER RANDALL J on Friday, February 16. 655 Diamondback Energy, Inc. (NASDAQ:FANG) shares with value of $82,678 were sold by Hawkins Thomas F.. Pantermuehl Russell had sold 23,760 shares worth $2.98M on Friday, February 16. The insider Soliman Jennifer sold 183 shares worth $23,128.

Among 41 analysts covering Diamondback Energy (NASDAQ:FANG), 36 have Buy rating, 0 Sell and 5 Hold. Therefore 88% are positive. Diamondback Energy has $169 highest and $65 lowest target. $120.44’s average target is -4.21% below currents $125.73 stock price. Diamondback Energy had 128 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, July 11 the stock rating was reinitiated by Piper Jaffray with “Overweight”. As per Monday, July 17, the company rating was maintained by Northland Capital. The stock has “Buy” rating by Canaccord Genuity on Tuesday, October 20. Roth Capital maintained Diamondback Energy, Inc. (NASDAQ:FANG) on Monday, January 22 with “Buy” rating. Stephens maintained the shares of FANG in report on Friday, February 16 with “Buy” rating. The firm earned “Buy” rating on Thursday, October 19 by Piper Jaffray. The company was maintained on Monday, February 26 by Piper Jaffray. The stock has “Buy” rating by Deutsche Bank on Wednesday, August 10. The firm earned “Buy” rating on Monday, September 25 by Northland Capital. Credit Suisse maintained the shares of FANG in report on Tuesday, January 23 with “Buy” rating.

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 $152.16M for 20.28 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.

Investors sentiment decreased to 1.17 in Q4 2017. Its down 0.36, from 1.53 in 2017Q3. It is negative, 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. Fjarde Ap has invested 0.09% in Diamondback Energy, Inc. (NASDAQ:FANG). Cibc Asset Management Inc reported 3,284 shares. Amer Bancorp owns 0.02% invested in Diamondback Energy, Inc. (NASDAQ:FANG) for 440 shares. Boothbay Fund Limited Liability Company has 7,588 shares. Employees Retirement Of Ohio accumulated 98,492 shares. Tower Bridge Advsrs has 1,810 shares. Cadence Mgmt Lc holds 3,761 shares or 0.03% of its portfolio. Raymond James Na holds 0.02% or 2,435 shares. Pitcairn Com owns 2,866 shares for 0.04% of their portfolio. 151,878 are held by Sir Cap Lp. American National Com Tx has 0.15% invested in Diamondback Energy, Inc. (NASDAQ:FANG). Dana Invest Incorporated has invested 0.05% of its portfolio in Diamondback Energy, Inc. (NASDAQ:FANG). Alliancebernstein L P owns 0.01% invested in Diamondback Energy, Inc. (NASDAQ:FANG) for 62,055 shares. Artemis Inv Management Ltd Liability Partnership owns 99,643 shares for 0.21% of their portfolio. Victory Management has invested 0.41% in Diamondback Energy, Inc. (NASDAQ:FANG).

The stock decreased 1.96% or $2.51 during the last trading session, reaching $125.73. About 1.94M shares traded or 23.65% up from the average. Diamondback Energy, Inc. (NASDAQ:FANG) has risen 30.56% since April 25, 2017 and is uptrending. It has outperformed by 19.01% 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 $12.34 billion. The Company’s activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, and Atoka formations. It has a 25.45 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.

Among 20 analysts covering FirstEnergy (NYSE:FE), 7 have Buy rating, 1 Sell and 12 Hold. Therefore 35% are positive. FirstEnergy had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of FirstEnergy Corp. (NYSE:FE) earned “Sector Perform” rating by RBC Capital Markets on Thursday, April 28. The firm has “Neutral” rating given on Tuesday, January 17 by Goldman Sachs. Citigroup maintained the shares of FE in report on Wednesday, July 20 with “Sell” rating. The stock has “Hold” rating by RBC Capital Markets on Sunday, September 10. The firm has “Market Perform” rating given on Tuesday, January 10 by Wells Fargo. The firm has “Neutral” rating by Citigroup given on Tuesday, October 18. As per Tuesday, August 25, the company rating was maintained by Deutsche Bank. As per Monday, May 1, the company rating was upgraded by Barclays Capital. The stock of FirstEnergy Corp. (NYSE:FE) has “Overweight” rating given on Thursday, August 10 by Morgan Stanley. The stock of FirstEnergy Corp. (NYSE:FE) has “Overweight” rating given on Thursday, March 8 by Morgan Stanley.

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.05, from 1.13 in 2017Q3. It is positive, as 34 investors sold FE shares while 157 reduced holdings. 60 funds opened positions while 166 raised stakes. 369.63 million shares or 2.53% more from 360.52 million shares in 2017Q3 were reported. State Treasurer State Of Michigan owns 130,453 shares. Chevy Chase invested in 501,571 shares or 0.07% of the stock. Utah Retirement accumulated 82,556 shares. Prudential Finance reported 1.15M shares stake. Lord Abbett Company Lc stated it has 1.63 million shares. Marshall Wace Ltd Liability Partnership has invested 0.01% in FirstEnergy Corp. (NYSE:FE). Ameritas Inv Ptnrs Inc owns 9,630 shares or 0.01% of their US portfolio. Thompson Siegel And Walmsley Limited Liability Company has 1.74% invested in FirstEnergy Corp. (NYSE:FE) for 4.79M shares. Nomura Holdings reported 0% stake. State Common Retirement Fund has 0.04% invested in FirstEnergy Corp. (NYSE:FE). Axa has 0.07% invested in FirstEnergy Corp. (NYSE:FE) for 595,430 shares. James Inv Rech Inc stated it has 0.05% in FirstEnergy Corp. (NYSE:FE). Electron Capital Limited Liability holds 10.42% of its portfolio in FirstEnergy Corp. (NYSE:FE) for 2.02M shares. Amundi Pioneer Asset Management Incorporated accumulated 387,998 shares. Vident Invest Advisory Lc invested 0.03% of its portfolio in FirstEnergy Corp. (NYSE:FE).

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