Diamondback Energy (FANG) “Buy” Rating Reaffirmed by Analysts at Jefferies; With $177 Target; BOARDWALK REAL ESTATE INVESTMENT TRUST U (BOWFF) Sellers Decreased By 0.61% Their Shorts

June 19, 2018 - By wolcottdaily

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Logo

In an analyst report issued to clients and investors on today, Jefferies kept their “Buy” rating on Diamondback Energy (NASDAQ:FANG)‘s stock. The TP suggests a potential upside of 44.40% from firm’s close price.

BOARDWALK REAL ESTATE INVESTMENT TRUST U (OTCMKTS:BOWFF) had a decrease of 0.61% in short interest. BOWFF’s SI was 5.60 million shares in June as released by FINRA. Its down 0.61% from 5.64 million shares previously. With 42,600 avg volume, 132 days are for BOARDWALK REAL ESTATE INVESTMENT TRUST U (OTCMKTS:BOWFF)’s short sellers to cover BOWFF’s short positions. The SI to BOARDWALK REAL ESTATE INVESTMENT TRUST U’s float is 17.14%. The stock decreased 0.84% or $0.3 during the last trading session, reaching $35.26. About shares traded. Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) has 0.00% since June 19, 2017 and is . It has underperformed by 12.57% the S&P500.

Boardwalk REIT strives to be Canada's friendliest communities and currently owns and operates more than 200 communities with over 33,000 residential units totaling over 28 million net rentable square feet. The company has market cap of $1.79 billion. Boardwalk's principal objectives are to provide its Residents with the best quality communities and superior customer service, while providing Unitholders with sustainable monthly cash distributions, and increase the value of its trust units through selective acquisitions, dispositions, development, and effective management of its residential multi-family communities. It has a 22.53 P/E ratio. Boardwalk REIT is vertically integrated and is Canada's leading owner/operator of multi-family communities with 1,700 Associates bringing Residents home to properties located in Alberta, Saskatchewan, Ontario, and Quebec.

Since January 16, 2018, it had 0 buys, and 15 selling transactions for $24.06 million activity. Shares for $1.58 million were sold by Molnar Paul on Friday, February 16. $843,801 worth of Diamondback Energy, Inc. (NASDAQ:FANG) shares were sold by Dick Teresa L.. Hollis Michael L. sold $356,400 worth of stock. Shares for $2.98 million were sold by Pantermuehl Russell. The insider Stice Travis D. sold 87,150 shares worth $10.91 million. Another trade for 183 shares valued at $23,128 was made by Soliman Jennifer on Friday, February 16. $83,876 worth of stock was sold by Van’t Hof Matthew Kaes on Friday, February 16.

The stock increased 6.06% or $7 during the last trading session, reaching $122.58. About 3.34M shares traded or 71.91% up from the average. Diamondback Energy, Inc. (NASDAQ:FANG) has risen 20.80% since June 19, 2017 and is uptrending. It has outperformed by 8.23% the S&P500. Some Historical FANG News: 09/05/2018 – DIAMONDBACK EXPECTS MOST PRODUCTION TO GET INTERNATIONAL PRICES; 10/04/2018 – Diamondback Energy, Inc. Provides First Quarter 2018 Production Update; 08/05/2018 – DIAMONDBACK 1Q PRODUCTION 102.6 MBOE/D; 09/05/2018 – DIAMONDBACK CEO TRAVIS STICE COMMENTS ON 1Q CONFERENCE CALL; 24/04/2018 – DIAMONDBACK ENERGY INC – INCREASED SIZE OF BOARD FROM FIVE TO SEVEN MEMBERS; 10/04/2018 – Diamondback Energy 1Q Production Up More Than 10% From 4Q; 24/04/2018 – DIAMONDBACK ENERGY NAMES MELANIE TRENT, MICHAEL HOLLIS TO BOARD; 10/04/2018 – Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Its First Quarter 2018 Cash Distribution and Pro; 29/03/2018 – Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Proposed Election to Change Tax Status From Pass-; 24/04/2018 – DIAMONDBACK ENERGY INCREASED SIZE OF BOARD FROM FIVE TO SEVEN

Among 41 analysts covering Diamondback Energy (NASDAQ:FANG), 36 have Buy rating, 0 Sell and 5 Hold. Therefore 88% are positive. Diamondback Energy has $17000 highest and $65 lowest target. $123’s average target is 0.34% above currents $122.58 stock price. Diamondback Energy had 135 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, January 29, the company rating was initiated by Iberia Capital Partners. The firm has “Buy” rating given on Friday, February 16 by Stephens. The firm has “Buy” rating given on Wednesday, February 14 by SunTrust. The rating was initiated by JP Morgan on Wednesday, December 9 with “Overweight”. Roth Capital maintained the shares of FANG in report on Tuesday, November 17 with “Buy” rating. As per Tuesday, January 16, the company rating was maintained by Mizuho. The stock has “Buy” rating by Jefferies on Wednesday, April 25. The rating was maintained by TH Capital with “Buy” on Tuesday, November 17. The rating was maintained by FBR Capital on Thursday, February 15 with “Hold”. The stock has “Buy” rating by Credit Suisse on Tuesday, January 23.

More news for Diamondback Energy, Inc. (NASDAQ:FANG) were recently published by: Seekingalpha.com, which released: “Energy stocks dominate today’s S&P movers; Cimarex +5.7%” on June 18, 2018. Seekingalpha.com‘s article titled: “Diamondback Energy: Production Growth To Drive Stock” and published on June 04, 2018 is yet another important article.

Investors sentiment decreased to 1.07 in 2018 Q1. Its down 0.10, from 1.17 in 2017Q4. It dropped, as 31 investors sold Diamondback Energy, Inc. shares while 141 reduced holdings. 68 funds opened positions while 116 raised stakes. 98.84 million shares or 0.24% less from 99.08 million shares in 2017Q4 were reported. Raymond James & Assocs invested in 0.04% or 174,265 shares. 273 were accumulated by San Francisco Sentry Investment Group (Ca). 624,416 are held by Dimensional Fund Advisors Lp. M&T Bancorp Corporation invested in 0.01% or 7,692 shares. Advisory Service Networks Llc holds 2,931 shares or 0.03% of its portfolio. Parkside Bancorp And Tru, Missouri-based fund reported 75 shares. 16,648 are owned by Balyasny Asset Mgmt Ltd Liability. Natl Asset owns 3,026 shares or 0.05% of their US portfolio. Citigroup has 0% invested in Diamondback Energy, Inc. (NASDAQ:FANG). Etrade Cap Mgmt Lc stated it has 0.09% in Diamondback Energy, Inc. (NASDAQ:FANG). Fdx Advisors reported 0.04% in Diamondback Energy, Inc. (NASDAQ:FANG). 3,435 were reported by Ibm Retirement Fund. Duncker Streett And holds 400 shares or 0.01% of its portfolio. Tributary Mngmt Limited Co holds 0.04% or 3,800 shares. Eaton Vance Management holds 0.03% in Diamondback Energy, Inc. (NASDAQ:FANG) or 86,927 shares.

Analysts await Diamondback Energy, Inc. (NASDAQ:FANG) to report earnings on August, 7. They expect $1.52 earnings per share, up 8.57% or $0.12 from last year’s $1.4 per share. FANG’s profit will be $149.89M for 20.16 P/E if the $1.52 EPS becomes a reality. After $1.64 actual earnings per share reported by Diamondback Energy, Inc. for the previous quarter, Wall Street now forecasts -7.32% negative EPS growth.

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

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