Diversified Energy Company PLC (NYSE:DEC – Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $14.09, but opened at $13.75. Diversified Energy shares last traded at $13.71, with a volume of 44,515 shares.
Wall Street Analyst Weigh In
Separately, Truist Financial lifted their target price on Diversified Energy from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Monday, July 22nd.
View Our Latest Stock Analysis on Diversified Energy
Diversified Energy Trading Down 3.2 %
Institutional Trading of Diversified Energy
Several hedge funds have recently modified their holdings of DEC. Royal London Asset Management Ltd. acquired a new stake in Diversified Energy in the 4th quarter valued at about $25,000. Fund 1 Investments LLC acquired a new stake in Diversified Energy in the fourth quarter valued at approximately $56,000. Susquehanna International Securities Ltd. purchased a new position in Diversified Energy in the first quarter worth approximately $131,000. Virtu Financial LLC acquired a new position in Diversified Energy during the 1st quarter worth approximately $136,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Diversified Energy in the 2nd quarter valued at approximately $189,000. 26.51% of the stock is currently owned by institutional investors and hedge funds.
Diversified Energy Company Profile
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
- Do ETFs Pay Dividends? What You Need to Know
- 3 Stocks That Could Beat the September Blues
- Golden Cross Stocks: Pattern, Examples and Charts
- Canopy Growth Stock: Can It Sustain Recent Gains?
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Serve Robotics Is Serving Up a Selling Opportunity
Receive News & Ratings for Diversified Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diversified Energy and related companies with MarketBeat.com's FREE daily email newsletter.