Omni Partners Llp Increased Its Fidelity & Gty Life (FGL) Holding by $2.25 Million as Market Valuation Rose; Capital World Investors Lifted Its Stake in Diamondback Energy (FANG) by $210.98 Million as Share Value Declined

January 14, 2018 - By Ellis Scott

Capital World Investors increased its stake in Diamondback Energy Inc (FANG) by 86.43% based on its latest 2017Q3 regulatory filing with the SEC. Capital World Investors bought 2.18M shares as the company’s stock declined 4.19% while stock markets rallied. The institutional investor held 4.69 million shares of the energy company at the end of 2017Q3, valued at $459.58M, up from 2.52 million at the end of the previous reported quarter. Capital World Investors who had been investing in Diamondback Energy Inc for a number of months, seems to be bullish on the $12.78B market cap company. The stock increased 0.18% or $0.24 during the last trading session, reaching $130.14. About 1.03 million shares traded. Diamondback Energy, Inc. (NASDAQ:FANG) has risen 18.62% since January 14, 2017 and is uptrending. It has outperformed by 1.92% the S&P500.

Omni Partners Llp increased its stake in Fidelity & Gty Life (FGL) by 18.26% based on its latest 2017Q3 regulatory filing with the SEC. Omni Partners Llp bought 72,708 shares as the company’s stock rose 8.16% with the market. The hedge fund held 470,939 shares of the life insurance company at the end of 2017Q3, valued at $14.62 million, up from 398,231 at the end of the previous reported quarter. Omni Partners Llp who had been investing in Fidelity & Gty Life for a number of months, seems to be bullish on the $1.84B market cap company. It closed at $31.1 lastly. It is up 14.78% since January 14, 2017 and is uptrending. It has underperformed by 1.92% the S&P500.

Investors sentiment decreased to 0.66 in 2017 Q3. Its down 0.63, from 1.29 in 2017Q2. It dived, as 11 investors sold FGL shares while 33 reduced holdings. 9 funds opened positions while 20 raised stakes. 11.51 million shares or 6.18% less from 12.27 million shares in 2017Q2 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) reported 414 shares. Ameritas Inv holds 987 shares. Gabelli Funds Ltd Liability reported 39,800 shares. Wolverine Asset Limited Company has invested 0% of its portfolio in Fidelity & Guaranty Life (NYSE:FGL). Tiaa Cref Investment Management Limited Company has invested 0% in Fidelity & Guaranty Life (NYSE:FGL). Moreover, Omni Llp has 1.87% invested in Fidelity & Guaranty Life (NYSE:FGL) for 470,939 shares. Ontario – Canada-based Omers Administration has invested 0.06% in Fidelity & Guaranty Life (NYSE:FGL). Capstone Advsr Ltd Liability Company invested 0.09% in Fidelity & Guaranty Life (NYSE:FGL). Dimensional Fund Advsr Ltd Partnership has 108,644 shares for 0% of their portfolio. State Street has 207,169 shares for 0% of their portfolio. Gamco Invsts Et Al owns 0% invested in Fidelity & Guaranty Life (NYSE:FGL) for 20,000 shares. Great West Life Assurance Can reported 1,847 shares. Brevan Howard Capital Mngmt LP holds 1.24% or 17,348 shares in its portfolio. Wells Fargo And Mn, California-based fund reported 12,864 shares. Vanguard Incorporated, Pennsylvania-based fund reported 974,464 shares.

Among 3 analysts covering Fidelity & Guaranty Life (NYSE:FGL), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Fidelity & Guaranty Life had 5 analyst reports since July 22, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, July 22 by Macquarie Research. The firm has “Neutral” rating by Macquarie Research given on Tuesday, November 10. RBC Capital Markets downgraded Fidelity & Guaranty Life (NYSE:FGL) on Friday, November 20 to “Sector Perform” rating. The stock has “Buy” rating by Sandler O’Neill on Tuesday, January 17.

Omni Partners Llp, which manages about $1.06 billion and $783.19 million US Long portfolio, decreased its stake in Akorn Inc (NASDAQ:AKRX) by 47,655 shares to 386,572 shares, valued at $12.83 million in 2017Q3, according to the filing.

Capital World Investors, which manages about $441.49 billion US Long portfolio, decreased its stake in Juno Therapeutics Inc (NASDAQ:JUNO) by 150,000 shares to 2.28M shares, valued at $102.06M in 2017Q3, according to the filing. It also reduced its holding in Crown Castle Intl Corp (Reit) (NYSE:CCI) by 930,600 shares in the quarter, leaving it with 22.20 million shares, and cut its stake in Comcast Corp Cl A (NASDAQ:CMCSA).

Since August 30, 2017, it had 0 insider purchases, and 10 insider sales for $2.17 million activity. $559,142 worth of Diamondback Energy, Inc. (NASDAQ:FANG) was sold by Molnar Paul on Monday, December 11. Van’t Hof Matthew Kaes sold $44,710 worth of stock or 400 shares. Pantermuehl Russell also sold $387,564 worth of Diamondback Energy, Inc. (NASDAQ:FANG) shares. Dick Teresa L. sold $112,129 worth of stock.

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