Diana Shipping Inc (NYSE:DSX).
Hosking Partners Llp bought 6,072 shares in quarter ending 09/30/2017 increasing its exposure to Diana Shipping Inc by 0.2%. Its stake was valued at $12,945,000 a decrease of 10.4% according to the filing.
These firms have modified their investment in DSX. Kopernik Global Investors, LLC expanded its holdings by buying 6,072 shares an increase of 0.2% from 06/30/2017 to 09/30/2017. Kopernik Global Investors, LLC owns 4,061,913 shares valued at $14,745,000. The value of the position overall is down by 3.5%. As of quarter end Hosking Partners Llp had bought 6,072 shares growing its stake by 0.2%. The value of the investment in DSX decreased from $14,453,000 to $12,945,000 decreasing 10.4% since the last quarter.
Hosking Partners Llp grew its investment by buying 300,253 shares an increase of 8.0%. Hosking Partners Llp claims 3,566,045 shares worth $12,945,000. The total value of its holdings decreased 10.4%. As of the end of the quarter Stifel Financial Corp had disposed of a total of 3,347,758 shares trimming its position 100.0%. The value of the total investment in Diana Shipping Inc went from $13,569,000 to $2,000 a change of 100.0% quarter to quarter.
Edmond De Rothschild Holding S.a. added to its position by buying 2,500 shares an increase of 5.1% in the quarter. Edmond De Rothschild Holding S.a. controls 51,300 shares with a value of $186,000. The value of the position overall is down by 6.1%.
Citigroup raised the price target on October 31 boosting the projection from $2.50 to $5.00 with a rating of “Hold”. October 31 investment analysts at Deutsche Bank AG reiterated a “Hold” rating on the company.
On October 22 analysts at Stifel Nicolaus updated coverage of DSX with a rating of “Hold” and projecting a price target of $5.00.
On September 7 Jefferies Group LLC kept the stock rating at “Hold” targeting a price of $4.50.
The company is so far trading down by 0.50% since yesterday’s close of 4.02. Diana Shipping Inc currently has a P/E ratio of N/A and the market value is 414.02M. As of the latest earnings report the EPS was $-1.90 with 84.70M shares outstanding.
Short traders are more bullish on Diana Shipping Inc of late considering the fall in short interest. The firm recorded a fall in short interest from October 13, 2017 to October 31, 2017 of -20.28%. Short interest fell 625,759 over that period. Days to cover decreased from 4.0 to 4.0 and the percentage of shorted shares is 0.03% as of October 31.