Dominion Diamond Corporation (NYSE:DDC) Shares Bought by Cwm LLC

Paterniano Del Favero
Luglio 18, 2017

HighTower Advisors LLC increased its position in Dominion Diamond Corporation (NYSE:DDC) (TSE:DDC) by 11.1% during the first quarter, according to its most recent 13F filing with the SEC. Earnings surprises can have a huge impact on a company's stock price.

Several hedge funds and other institutional investors have recently made changes to their positions in DDC. The Company dividend yield observed at 7.82%.

01/19/2015 - Dominion Diamond Corporation was downgraded to "neutral" by analysts at Zacks. K2 Principal Fund L.P. raised its position in shares of Dominion Diamond Corporation by 2.8% in the first quarter.

Dominion Diamond Corp is a diamond mining company. Bank of America Corp DE now owns 250,027 shares of the basic materials company's stock valued at $3,157,000 after buying an additional 101,716 shares during the last quarter. Institutional investors own 56.34% of the company's stock.

On the other hand Dominion Diamond Corp (NYSE:DDC) has Relative Strength Index (RSI 14) of 74.14 along with Average True Range (ATR 14) of 0.32.

The volume of the particular stock is the shares bought and sold in a single trading day.

The stock of Dominion Diamond Corp (NYSE:DDC) hit a new 52-week high and has $15.18 target or 8.00 % above today's $14.06 share price. The firm's 50-day moving average is $12.84 and its 200 day moving average is $11.22. It has a market cap of $1.18 Billion. It now has negative earnings. Dominion Diamond Corporation had a negative net margin of 1.07% and a positive return on equity of 1.46%. Over the past month the firm's stock is 8.82%, 10.96% for the last quarter, 40.84% for the past six-months and 60.62% for the previous year. Next quarter's EPS is expected be $0.34 and the next full year EPS is projected to be $1.21. The firm's revenue for the quarter was up 18.3% on a year-over-year basis.

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A number of brokerages have recently weighed in on DDC. Gabelli began coverage on shares of Dominion Diamond Corporation in a report on Monday, April 3rd. The most optimistic analyst sees the stock reaching $18 while the most conventional has $13 target price.

In Nonmetallic Mineral Mining Industry, Dominion Diamond Corporation (DDC) have 83.65 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Royal Bank Of Canada reiterated a "hold" rating and issued a $12.00 price target on shares of Dominion Diamond Corporation in a research note on Wednesday, June 21st. The firm earned "Hold" rating on Monday, July 10 by RBC Capital Markets. $14.41's average target is 2.49% above currents $14.06 stock price. Dominion Diamond Corp (NYSE:DDC)'s price to free cash flow for trailing twelve months is 0. The Firm is focused on the mining and marketing of rough diamonds to the global market.

Dominion Diamond has a controlling interest in the Ekati Mine and a 40 percent stake in the Diavik Mine, which both produce gem-quality diamonds in the Northwest Territories.

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