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HUB Investment Partners LLC Lowers Position in Diamondback Energy, Inc. $FANG
HUB Investment Partners LLC reduced its stake in Diamondback Energy by 18.6% in the third quarter, selling 6,661 shares and holding 29,094 shares valued at $4.16 million. Despite this, other institutional investors increased their holdings, and the stock currently has a “Moderate Buy” rating from analysts with a consensus price target of $189.00. Diamondback Energy also announced an increase in its quarterly dividend to $1.05 per share.