1 day Ago By Defense World Staff
Bank of New York Mellon Corp bought a new position in Diversified Energy Company PLC ( NYSE:DEC – Free Report ) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 147,017 shares of the company’s stock, valued at approximately $1,983,000. Bank of New York Mellon Corp owned about 0.
30% of Diversified Energy as of its most recent SEC filing. Other institutional investors have also modified their holdings of the company. Swiss National Bank acquired a new position in Diversified Energy in the 4th quarter valued at about $1,354,000.
UBS Group AG acquired a new position in Diversified Energy in the fourth quarter valued at approximately $15,871,000. Allianz Asset Management GmbH purchased a new position in Diversified Energy in the fourth quarter worth approximately $16,390,000. Rathbones Group PLC acquired a new stake in Diversified Energy during the fourth quarter worth $11,603,000.
Finally, Fund 1 Investments LLC purchased a new stake in Diversified Energy in the fourth quarter valued at $56,000. Hedge funds and other institutional investors own 26.51% of the company’s stock.
Diversified Energy Stock Up 0.4 % DEC stock opened at $11.54 on Wednesday.
The company’s 50 day moving average price is $13.74 and its 200 day moving average price is $13.54.
Diversified Energy Company PLC has a fifty-two week low of $10.54 and a fifty-two week high of $22.00.
The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.48 and a current ratio of 0.
44. Diversified Energy Announces Dividend Analysts Set New Price Targets A number of research analysts have commented on the stock. Truist Financial upped their target price on shares of Diversified Energy from $18.
00 to $20.00 and gave the company a “buy” rating in a research report on Monday, July 22nd. KeyCorp began coverage on shares of Diversified Energy in a report on Wednesday, August 28th.
They issued an “overweight” rating and a $18.00 price objective on the stock. Read Our Latest Analysis on DEC Diversified Energy Company Profile ( Free Report ) Diversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States.
The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates. Recommended Stories Five stocks we like better than Diversified Energy Low PE Growth Stocks: Unlocking Investment Opportunities Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? P/E Ratio Calculation: How to Assess Stocks Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge What Are Dividends? Buy the Best Dividend Stocks Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker Want to see what other hedge funds are holding DEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diversified Energy Company PLC ( NYSE:DEC – Free Report ).
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