DEC

Citigroup Initiates Coverage of Diversified Energy (DEC) with Buy Recommendation

Fintel reports that on April 29, 2025, Citigroup initiated coverage of Diversified Energy (NYSE:DEC) with a Buy recommendation.

Analyst Price Forecast Suggests 116.62% Upside

As of April 24, 2025, the average one-year price target for Diversified Energy is $27.75/share. The forecasts range from a low of $14.96 to a high of $42.42. The average price target represents an increase of 116.62% from its latest reported closing price of $12.81 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Diversified Energy is 1,065MM, an increase of 40.35%. The projected annual non-GAAP EPS is 0.14.

What is the Fund Sentiment?

There are 240 funds or institutions reporting positions in Diversified Energy. This is an increase of 18 owner(s) or 8.11% in the last quarter. Average portfolio weight of all funds dedicated to DEC is 0.06%, an increase of 34.62%. Total shares owned by institutions decreased in the last three months by 3.06% to 24,296K shares.

What are Other Shareholders Doing?

DEC / Diversified Energy Company PLC - 4.0% 2022-03-01 Shares Held by Institutions

Jupiter Asset Management holds 2,751K shares representing 3.41% ownership of the company. In its prior filing, the firm reported owning 2,767K shares , representing a decrease of 0.61%. The firm increased its portfolio allocation in DEC by 64.48% over the last quarter.

M&G holds 1,754K shares representing 2.18% ownership of the company. In its prior filing, the firm reported owning 1,803K shares , representing a decrease of 2.80%. The firm decreased its portfolio allocation in DEC by 98.26% over the last quarter.

IWM - iShares Russell 2000 ETF holds 1,249K shares representing 1.55% ownership of the company. In its prior filing, the firm reported owning 1,218K shares , representing an increase of 2.53%. The firm increased its portfolio allocation in DEC by 45.93% over the last quarter.

UBS Group holds 1,097K shares representing 1.36% ownership of the company. In its prior filing, the firm reported owning 589K shares , representing an increase of 46.27%. The firm decreased its portfolio allocation in DEC by 63.17% over the last quarter.

Legal & General Group holds 931K shares representing 1.16% ownership of the company. In its prior filing, the firm reported owning 955K shares , representing a decrease of 2.56%. The firm increased its portfolio allocation in DEC by 44.58% over the last quarter.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.