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    Home » Lazard Asset Management LLC Has $1.23 Million Stake in Diamondback Energy, Inc. (NASDAQ:FANG)
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    Lazard Asset Management LLC Has $1.23 Million Stake in Diamondback Energy, Inc. (NASDAQ:FANG)

    Kingsman | Financial AdvisorBy Kingsman | Financial AdvisorMay 20, 2025No Comments5 Mins Read
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    Lazard Possession Monitoring LLC trimmed its stake in Diamondback Energy, Inc. (NASDAQ: FANG– Free Record) by 50.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Compensation (SEC). The company owned 7,503 shares of the oil and gas business’s stock after marketing 7,499 shares throughout the duration. Lazard Asset Administration LLC’s holdings in Diamondback Power deserved $1,228,000 as of its latest SEC declaring. A number of various other hedge funds and various other institutional investors also lately made adjustments to their placements in FANG. Wintrust Investments LLC bought a new stake in shares of Diamondback Energy in the 4th quarter worth concerning $28,000. R Squared Ltd obtained a brand-new setting in Diamondback Power in the fourth quarter valued at regarding $29,000. UMB Bank n.a. expanded its stake in Diamondback Energy by 247.3% throughout the fourth quarter. UMB Financial institution n.a. currently possesses 191 shares of the oil and natural gas firm’s supply worth $31,000 after buying an extra 136 shares during the last quarter. Key Financial Inc increased its holdings in shares of Diamondback Power by 940.0% during the 4th quarter. Trick Financial Inc now owns 208 shares of the oil and gas firm’s supply worth $34,000 after getting an extra 188 shares in the last quarter. Transce3nd LLC acquired a new placement in shares of Diamondback Power in the 4th quarter valued at around $38,000. 90.01% of the supply is had by institutional capitalists. Expert Trading at Diamondback Energy In relevant news, Head of state Hof Matthew Kaes Van’t sold 10,000 shares of the company’s stock in a deal on Monday, May 12th. The supply was cost a typical price of $142.69, for a complete purchase of $1,426,900.00. Adhering to the sale, the head of state currently has 120,645 shares of the company’s supply, valued at approximately $17,214,835.05. This trade stands for a 7.65% reduction in their placement. The sale was revealed in a filing with the SEC, which can be accessed via this web link. Additionally, Supervisor Frank D. Tsuru purchased 2,000 shares of Diamondback Power stock in a deal on Friday, February 28th. The shares were obtained at an average rate of $156.51 per share, for an overall purchase of $313,020.00. Following the conclusion of the purchase, the director now owns 5,730 shares of the business’s supply, valued at around $896,802.30. This stands for a 53.62% boost in their placement. The disclosure for this purchase can be located right here. Experts possess 0.70% of the company’s stock. Expert Ratings Changes Sight Our Most Recent Report on Diamondback Power Diamondback Energy Trading Down 1.3% NASDAQ FANG opened at $139.35 on Tuesday. Diamondback Power, Inc. has a 12 month low of $114.00 and an one year high of $214.50. The supply has a 50-day straightforward moving standard of $141.10 and a 200 day simple moving average of $157.61. The business has a current ratio of 0.45, a fast ratio of 0.42 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $40.71 billion, a PE proportion of 7.98, a P/E/G proportion of 1.24 and a beta of 1.06. Diamondback Power (NASDAQ: FANG– Secure Free Report) last uploaded its revenues outcomes on Monday, May 5th. The oil and gas business reported $4.54 profits per share (EPS) for the quarter, covering the consensus price quote of $3.67 by $0.87. The business had earnings of $4.05 billion throughout the quarter, contrasted to expert price quotes of $3.58 billion. Diamondback Power had a return on equity of 13.68% and an internet margin of 33.64%. The firm’s earnings for the quarter was up 81.8% contrasted to the exact same quarter in 2014. Throughout the same period in the previous year, the firm gained $4.50 EPS. Study analysts anticipate that Diamondback Power, Inc. will certainly upload 15.49 EPS for the present year. Diamondback Energy Announces Returns The business also just recently revealed a quarterly returns, which will certainly be paid on Thursday, May 22nd. Financiers of record on Thursday, May 15th will certainly be issued a dividend of $1.00 per share. This stands for a $4.00 returns on an annualized basis and a return of 2.87%. The ex-dividend date is Thursday, May 15th. Diamondback Energy’s returns payment proportion is currently 24.46%. Concerning Diamondback Energy (Free Report) Diamondback Power, Inc, an independent oil and natural gas company, gets, creates, explores, and manipulates non-traditional, onshore oil and gas books in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp developments of the Midland container; and the Wolfcamp and Bone Spring developments of the Delaware basin, which belong to the Permian Container in West Texas and New Mexico. Suggested Stories Intend to see what other hedge funds are holding FANG? Visit HoldingsChannel.com to get the latest 13F filings and expert trades for Diamondback Energy, Inc. (NASDAQ: FANG– Free Report ). Get Information & Scores for Diamondback Power Daily – Enter your e-mail address listed below to obtain a concise day-to-day summary of the most up to date news and experts’ rankings for Diamondback Power and associated companies with MarketBeat.com’s FREE everyday e-mail e-newsletter.

    Trick Financial Inc boosted its holdings in shares of Diamondback Energy by 940.0% throughout the fourth quarter. Transce3nd LLC purchased a new setting in shares of Diamondback Power in the fourth quarter valued at around $38,000. Expert Scores Changes Sight Our Most Current Record on Diamondback Power Diamondback Power Trading Down 1.3% NASDAQ FANG opened at $139.35 on Tuesday. About Diamondback Energy (Free Record) Diamondback Energy, Inc, an independent oil and natural gas business, acquires, establishes, checks out, and exploits unusual, onshore oil and all-natural gas reserves in the Permian Basin in West Texas. Get News & Scores for Diamondback Energy Daily – Enter your email address below to receive a concise everyday summary of the latest news and analysts’ scores for Diamondback Power and related firms with MarketBeat.com’s FREE everyday e-mail newsletter.

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    Kingsman | Financial Advisor
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    Kingsman a 35-year-old financial advisor from London, UK, epitomizes the blend of analytical prowess and personable guidance. With a decade of experience in the financial sector, Kingsman has cultivated a reputation for his strategic approach to wealth management and investment advising. His journey began at the University of Oxford, where he graduated with honours in Economics, a discipline that fueled his fascination with the financial markets and their intricacies.

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