Viking Fund Management Llc increased its stake in Diamondback Ener (FANG) by 29.51% based on its latest 2018Q4 regulatory filing with the SEC. Viking Fund Management Llc bought 18,000 shares as the company’s stock declined 4.67% while stock markets rallied. The institutional investor held 79,000 shares of the energy company at the end of 2018Q4, valued at $7.32M, up from 61,000 at the end of the previous reported quarter. Viking Fund Management Llc who had been investing in Diamondback Ener for a number of months, seems to be bullish on the $17.47B market cap company. The stock increased 6.37% or $6.36 during the last trading session, reaching $106.28. About 3.83 million shares traded or 113.78% up from the average. Diamondback Energy, Inc. (NASDAQ:FANG) has declined 17.20% since April 15, 2018 and is downtrending. It has underperformed by 21.57% the S&P500. Some Historical FANG News: 10/04/2018 – Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Its First Quarter 2018 Cash Distribution and Pro; 10/04/2018 – DIAMONDBACK ENERGY SAYS 1Q PRODUCTION WAS UP 10% Q/Q; 08/05/2018 – DIAMONDBACK 1Q PRODUCTION 102.6 MBOE/D; 09/05/2018 – Viper Energy Partners LP, A Subsidiary Of Diamondback Energy, Inc., Announces Effective Date Of Tax Status Change From Pass-Through Partnership To A Taxable Entity; 09/05/2018 – TRANSMONTAIGNE PARTNERS LP – EXPECT TO RECOMMISSION DIAMONDBACK PIPELINE AND RESUME OPERATIONS BY END OF 2019; 10/04/2018 – Diamondback Energy Currently Running 11 Drillings Rigs and Five Dedicated Completion Crews; 06/03/2018 ClinicalTrial US: Diamondback in Peripheral Vascular Disease (DIAMOND-PAD); 08/05/2018 – DIAMONDBACK ENERGY INC – DIAMONDBACK EXPECTS TO TURN BETWEEN 170 AND 190 GROSS OPERATED HORIZONTAL WELLS TO PRODUCTION FOR FULL YEAR 2018; 08/05/2018 – DIAMONDBACK ENERGY INC – LOWERING FULL YEAR 2018 LOE GUIDANCE TO $3.75 – $4.50 PER BOE; 24/04/2018 – DIAMONDBACK ENERGY INC – INCREASED SIZE OF BOARD FROM FIVE TO SEVEN MEMBERS
Nordea Investment Management Ab decreased its stake in Synchrony Financial (SYF) by 2.98% based on its latest 2018Q4 regulatory filing with the SEC. Nordea Investment Management Ab sold 28,187 shares as the company’s stock rose 22.86% with the market. The institutional investor held 918,193 shares of the consumer services company at the end of 2018Q4, valued at $21.54 million, down from 946,380 at the end of the previous reported quarter. Nordea Investment Management Ab who had been investing in Synchrony Financial for a number of months, seems to be less bullish one the $22.83 billion market cap company. The stock increased 1.16% or $0.38 during the last trading session, reaching $33. About 4.15 million shares traded. Synchrony Financial (NYSE:SYF) has declined 9.46% since April 15, 2018 and is downtrending. It has underperformed by 13.83% the S&P500. Some Historical SYF News: 02/05/2018 – Synchrony Teams with Amazon to Introduce New Alexa Skill for Amazon Store Card; 21/04/2018 – DJ Synchrony Financial, Inst Holders, 1Q 2018 (SYF); 14/03/2018 – Synchrony Hires BlackRock’s Trish Mosconi to Oversee Strategy; 07/03/2018 – SYNCHRONY IS SAID REJECTED A$8B BIDDER FOR LATITUDE: AUSTRALIAN; 20/04/2018 – Synchrony Financial 1Q Provision for Loan Losses $1.4B; 12/03/2018 – Moody’s Assigns Provisional Ratings To Synchrony’s 2018-1 Card Abs; 20/04/2018 – SYNCHRONY FINANCIAL 1Q EPS 83C; 12/04/2018 – Synchrony Opens Emerging Tech Center at the University of Illinois to Develop Artificial Intelligence Solutions; 17/05/2018 – Synchrony Financial Raises Dividend to 21c Vs. 15c; 10/05/2018 – SYNCHRONY FINANCIAL – FINANCIAL TERMS WERE NOT DISCLOSED
More important recent Synchrony Financial (NYSE:SYF) news were published by: Investorplace.com which released: “This Rally in General Electric Stock Isnâ€™t Totally Irrational – Investorplace.com” on March 20, 2019, also Investorplace.com published article titled: “There Are Way Better (And Cheaper) Financial Plays Than Ally Stock – Investorplace.com”, 247Wallst.com published: “Big Banks in the Spotlight as Earnings Season Rolls Out – 24/7 Wall St.” on April 14, 2019. More interesting news about Synchrony Financial (NYSE:SYF) was released by: Businesswire.com and their article: “Robbins Arroyo LLP: Synchrony Financial (SYF) Misled Shareholders According to Shareholder Complaint – Business Wire” with publication date: March 19, 2019.
Analysts await Synchrony Financial (NYSE:SYF) to report earnings on April, 19. They expect $0.89 EPS, up 7.23% or $0.06 from last year’s $0.83 per share. SYF’s profit will be $615.58M for 9.27 P/E if the $0.89 EPS becomes a reality. After $1.09 actual EPS reported by Synchrony Financial for the previous quarter, Wall Street now forecasts -18.35% negative EPS growth.
Nordea Investment Management Ab, which manages about $42.10B US Long portfolio, upped its stake in Mondelez International (NASDAQ:MDLZ) by 272,513 shares to 2.76M shares, valued at $110.59 million in 2018Q4, according to the filing. It also increased its holding in Occidental Petroleum (NYSE:OXY) by 743,755 shares in the quarter, for a total of 997,521 shares, and has risen its stake in Skyworks Solutions (NASDAQ:SWKS).
Viking Fund Management Llc, which manages about $1.05B and $358.75 million US Long portfolio, decreased its stake in Kinder Morgan In (NYSE:KMI) by 109,000 shares to 935,000 shares, valued at $14.38M in 2018Q4, according to the filing. It also reduced its holding in Verizon Communic (NYSE:VZ) by 18,000 shares in the quarter, leaving it with 97,000 shares, and cut its stake in Cons Edison Inc (NYSE:ED).
Investors sentiment increased to 2.48 in Q4 2018. Its up 1.23, from 1.25 in 2018Q3. It improved, as 55 investors sold FANG shares while 82 reduced holdings. 139 funds opened positions while 201 raised stakes. 161.29 million shares or 50.75% more from 107.00 million shares in 2018Q3 were reported. Papp L Roy Assocs owns 2,768 shares or 0.05% of their US portfolio. Moreover, Raymond James Financial Serv Advsr Inc has 0.02% invested in Diamondback Energy, Inc. (NASDAQ:FANG). Texas Permanent School Fund has invested 0.05% in Diamondback Energy, Inc. (NASDAQ:FANG). Eagle Asset Management, a Florida-based fund reported 854,827 shares. 12,900 were accumulated by New Mexico Educational Retirement Board. Tortoise Capital Advsr Ltd Liability Corp accumulated 108,544 shares. Piedmont Inv Advsr has invested 0.02% in Diamondback Energy, Inc. (NASDAQ:FANG). Mason Street Llc has invested 0.05% in Diamondback Energy, Inc. (NASDAQ:FANG). Cornerstone Advsr holds 0% or 76 shares. 949,685 are held by Fil Ltd. Boston Private Wealth Ltd Liability holds 7,216 shares or 0.03% of its portfolio. Oppenheimer Company reported 0.02% stake. Northeast Investment Mgmt reported 42,516 shares or 0.38% of all its holdings. Bluefin Trading Limited Liability Corporation reported 0.02% of its portfolio in Diamondback Energy, Inc. (NASDAQ:FANG). British Columbia Inv Mngmt Corp has invested 0.04% in Diamondback Energy, Inc. (NASDAQ:FANG).
Since December 20, 2018, it had 1 insider purchase, and 1 insider sale for $415,439 activity. $505,352 worth of Diamondback Energy, Inc. (NASDAQ:FANG) was bought by Hollis Michael L..
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Published at Mon, 15 Apr 2019 11:03:45 +0000