Diamond Offshore Drilling, Inc. (NYSE:DO) marched up 19.59% compared to a 52-week low price of $8.78. The shares were last seen trading -5.83% lower, taking the closing price at $10.5 on 3/19/2019. At a recent session, the prices were hovering between $10.91 and $11.285. This company shares are 13.43% off its target price of $11.91 and the current market capitalization stands at $1.44B. The recent change has given its price a -1.01% deficit over SMA 50 and -52.1% deficit over its 52-week high. The stock witnessed 1.45% gains, 1.65% gains and -40.17% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found DO’s volatility during a week at 4.02% and during a month it has been found around 3.94%.

Diamond Offshore Drilling, Inc. (DO) Top Holders

Institutional investors currently hold around $1.63 billion or 0% in DO stock. Look at its top three institutional owners: Loews Corp owns $815.28 million in Diamond Offshore Drilling, Inc., which represents roughly 56.62% of the company’s market cap and approximately 49.96% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 8,630,005 shares of the stock are valued at $96.23 million. The third largest holder is Fmr Llc, which currently holds $83.21 million worth of this stock and that ownership represents nearly 5.78% of its market capitalization.

Diamond Offshore Drilling, Inc. 13F Filings

At the end of December reporting period, 99 institutional holders increased their position in Diamond Offshore Drilling, Inc. (NYSE:DO) by some 9,990,960 shares, 123 decreased positions by 11,566,156 and 47 held positions by 124,848,227. That puts total institutional holdings at 146,405,343 shares, according to SEC filings. The stock grabbed 29 new institutional investments totaling 2,273,345 shares while 44 institutional investors sold out their entire positions totaling 1,364,940 shares.

Diamond Offshore Drilling, Inc. (DO) Analyst Guide

Several analysts have released their opinion on Diamond Offshore Drilling, Inc. (NYSE:DO), with 2 analysts believing it is a strong buy. Whereas 9 of them predict the stock is a hold. Also, there are 6 buy, 9 sell and 3 strong sell ratings, collectively assigning a 3.17 average brokerage recommendation [T1].