Diamondback (FANG) Investors: Stifel Nicolaus Reiterates Buy Rating, Sees $167.0000/Share; Simon Property Group (SPG) Sentiment Is 0.99

April 24, 2018 - By Linda Rogers

Simon Property Group, Inc. (NYSE:SPG) Logo

Simon Property Group Inc (SPG) investors sentiment increased to 0.99 in Q4 2017. It’s up 0.01, from 0.98 in 2017Q3. The ratio has increased, as 252 investment professionals increased and started new holdings, while 254 trimmed and sold equity positions in Simon Property Group Inc. The investment professionals in our database now own: 293.74 million shares, down from 297.03 million shares in 2017Q3. Also, the number of investment professionals holding Simon Property Group Inc in top ten holdings was flat from 29 to 29 for the same number . Sold All: 50 Reduced: 204 Increased: 178 New Position: 74.

In a report made public on 23 April, Diamondback (NASDAQ:FANG) stock had its Buy Rating kept by equity analysts at Stifel Nicolaus. They currently have a $167.0000 price target on company. Stifel Nicolaus’s target means a potential upside of 30.22% from the company’s previous stock close.

Ratings analysis reveals 0 of Simon Properties’s analysts are positive. Out of 3 Wall Street analysts rating Simon Properties, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $188.0 while the high is $216.0. The stock’s average target of $202 is 37.51% above today’s ($146.9) share price. SPG was included in 3 notes of analysts from November 1, 2016. SunTrust downgraded the stock to “Hold” rating in Friday, January 20 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, November 1. The rating was downgraded by Deutsche Bank to “Hold” on Monday, January 9.

The stock decreased 0.24% or $0.35 during the last trading session, reaching $146.9. About 1.49 million shares traded. Simon Property Group, Inc. (SPG) has declined 9.44% since April 24, 2017 and is downtrending. It has underperformed by 20.99% the S&P500.

Athena Capital Advisors Llc holds 17.56% of its portfolio in Simon Property Group, Inc. for 410,770 shares. Resolution Capital Ltd owns 1.87 million shares or 14.33% of their US portfolio. Moreover, Lasalle Investment Management Securities Llc has 12.38% invested in the company for 4.37 million shares. The New York-based Apg Asset Management Us Inc. has invested 10.59% in the stock. Green Street Investors Llc, a California-based fund reported 101,700 shares.

Analysts await Simon Property Group, Inc. (NYSE:SPG) to report earnings on April, 27 before the open. They expect $2.83 EPS, up 3.28% or $0.09 from last year’s $2.74 per share. SPG’s profit will be $1.01 billion for 12.98 P/E if the $2.83 EPS becomes a reality. After $3.12 actual EPS reported by Simon Property Group, Inc. for the previous quarter, Wall Street now forecasts -9.29% negative EPS growth.

Simon Property Group, Inc. is an equity real estate investment trust. The company has market cap of $52.44 billion. The firm invests in the real estate markets across the globe. It has a 23.54 P/E ratio. It engages in investment, ownership, management, and development of properties.

Since October 27, 2017, it had 0 insider purchases, and 17 selling transactions for $24.37 million activity. Shares for $10.91M were sold by Stice Travis D. on Friday, February 16. Soliman Jennifer also sold $23,128 worth of Diamondback Energy, Inc. (NASDAQ:FANG) on Friday, February 16. On Friday, February 16 HOLDER RANDALL J sold $843,796 worth of Diamondback Energy, Inc. (NASDAQ:FANG) or 6,723 shares. On Friday, February 16 the insider Pantermuehl Russell sold $2.98 million. Dick Teresa L. also sold $112,129 worth of Diamondback Energy, Inc. (NASDAQ:FANG) on Wednesday, December 13. Molnar Paul also sold $1.58M worth of Diamondback Energy, Inc. (NASDAQ:FANG) on Friday, February 16. Another trade for 29,745 shares valued at $3.72M was sold by Hollis Michael L..

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 $152.16 million for 20.68 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 2017 Q4. Its down 0.36, from 1.53 in 2017Q3. It fall, 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. Ls Invest Advsr Ltd Liability Company invested 0.01% of its portfolio in Diamondback Energy, Inc. (NASDAQ:FANG). Lazard Asset Limited Liability Company accumulated 172 shares. Anchor Bolt Capital Lp, Illinois-based fund reported 55,223 shares. Moreover, Schwab Charles Invest has 0.03% invested in Diamondback Energy, Inc. (NASDAQ:FANG). Brenham Cap Mngmt Limited Partnership holds 1.00M shares. Glg Lc reported 0.04% stake. Dekabank Deutsche Girozentrale reported 62,699 shares. San Francisco Sentry Investment (Ca) accumulated 273 shares or 0.01% of the stock. 974,989 were accumulated by Polaris Cap Mgmt Ltd Limited Liability Company. Financial Bank Of Ny Mellon Corp holds 757,322 shares or 0.03% of its portfolio. New York State Common Retirement Fund reported 328,182 shares stake. Emerald Mutual Fund Advisers Trust owns 1,988 shares. Winslow Mngmt Ltd Llc owns 20 shares. Tower Research Cap Ltd Liability Com (Trc) reported 19 shares stake. Viking Invsts Limited Partnership owns 618,923 shares.

The stock decreased 0.12% or $0.16 during the last trading session, reaching $128.24. About 1.08 million shares traded. Diamondback Energy, Inc. (NASDAQ:FANG) has risen 30.56% since April 24, 2017 and is uptrending. It has outperformed by 19.01% the S&P500.

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. $120.49’s average target is -6.04% below currents $128.24 stock price. Diamondback Energy had 127 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Diamondback Energy, Inc. (NASDAQ:FANG) earned “Equal-Weight” rating by Stephens on Monday, March 28. On Monday, January 29 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, January 24. On Wednesday, December 2 the stock rating was initiated by Deutsche Bank with “Buy”. GMP Securities initiated Diamondback Energy, Inc. (NASDAQ:FANG) on Wednesday, February 3 with “Buy” rating. The firm has “Buy” rating given on Friday, February 16 by Stephens. The rating was upgraded by Tudor Pickering to “Buy” on Monday, July 27. BMO Capital Markets maintained Diamondback Energy, Inc. (NASDAQ:FANG) rating on Monday, June 26. BMO Capital Markets has “Buy” rating and $10000 target. Piper Jaffray reinitiated the stock with “Overweight” rating in Monday, July 11 report. The stock has “Buy” rating by Mizuho on Tuesday, November 21.

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