Stifel Financial Corp Has $11.87 Million Holdings in Diana Shipping inc. (DSX)

Stifel Financial Corp trimmed its position in Diana Shipping inc. (NYSE:DSX) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,264,451 shares of the shipping company’s stock after selling 83,787 shares during the quarter. Stifel Financial Corp owned approximately 3.08% of Diana Shipping worth $11,869,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of DSX. Kopernik Global Investors LLC grew its stake in Diana Shipping by 8.0% in the 3rd quarter. Kopernik Global Investors LLC now owns 4,061,913 shares of the shipping company’s stock valued at $14,745,000 after buying an additional 300,253 shares during the last quarter. Hosking Partners LLP grew its stake in Diana Shipping by 58.0% in the 2nd quarter. Hosking Partners LLP now owns 3,559,973 shares of the shipping company’s stock valued at $14,453,000 after buying an additional 1,306,125 shares during the last quarter. Russell Investments Group Ltd. grew its stake in Diana Shipping by 44.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,178,411 shares of the shipping company’s stock valued at $7,908,000 after buying an additional 671,587 shares during the last quarter. Royce & Associates LP grew its stake in Diana Shipping by 34.1% in the 2nd quarter. Royce & Associates LP now owns 1,174,333 shares of the shipping company’s stock valued at $4,768,000 after buying an additional 298,400 shares during the last quarter. Finally, Morgan Stanley grew its stake in Diana Shipping by 99.7% in the 1st quarter. Morgan Stanley now owns 317,079 shares of the shipping company’s stock valued at $1,464,000 after buying an additional 158,283 shares during the last quarter. 37.57% of the stock is currently owned by institutional investors.

DSX has been the topic of a number of research reports. ValuEngine lowered shares of Diana Shipping from a “sell” rating to a “strong sell” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded shares of Diana Shipping from a “hold” rating to a “buy” rating and set a $4.50 price target on the stock in a research note on Thursday, October 19th. Citigroup upped their price target on shares of Diana Shipping from $2.50 to $5.00 and gave the company a “hold” rating in a research note on Tuesday, October 31st. They noted that the move was a valuation call. Deutsche Bank reiterated a “hold” rating on shares of Diana Shipping in a research note on Tuesday, October 31st. Finally, Jefferies Group reiterated a “hold” rating and issued a $4.50 price target on shares of Diana Shipping in a research note on Thursday, September 7th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $5.00.

Diana Shipping inc. (NYSE:DSX) opened at $3.95 on Monday. Diana Shipping inc. has a 52-week low of $2.74 and a 52-week high of $6.20.

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About Diana Shipping

Diana Shipping Inc is a holding company. The Company is a provider of shipping transportation services. The Company specializes in the ownership of dry bulk vessels. As of February 16, 2017, the Company’s operating fleet consisted of 48 dry bulk carriers, of which 23 were Panamax, four were Kamsarmax, three were Post-Panamax, 14 were Capesize and four were Newcastlemax vessels, having a combined carrying capacity of approximately 5.7 million deadweight tonnage (dwt).

Institutional Ownership by Quarter for Diana Shipping (NYSE:DSX)

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