Swiss National Bank Has $1805000 Position in Dominion Diamond Corporation (DDC)

Washington plans to operate Dominion as a standalone business as they do with their other operating companies

Washington plans to operate Dominion as a standalone business as they do with their other operating companies

Candriam Luxembourg S.C.A. purchased a new stake in shares of Dominion Diamond Corporation during the first quarter valued at approximately $3,789,000.

A number of analysts have recently issued reports on DDC shares.

A group connected to Washington will acquire all of Dominion's outstanding common shares for $14.25 United States per share in cash or a total equity value of approximately $1.2 billion USA following a plan of arrangement under the Canada Business Corporations Act. If you are viewing this story on another site, it was illegally stolen and reposted in violation of USA and global copyright & trademark laws.

5 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 618.31 million while high and low sale targets are estimated at 808 million and 570.86 million respectively. The stock spiked 2.12% last month and is up 39.26 this year. They issued a "buy" rating for the company.

Shares of Dominion Diamond Corporation (NYSE:DDC) traded up 5.64% during trading on Friday, hitting $13.48.

According to Balance Sheet of DDC, Total cash on most recent quarter is 131.17 Million.

Dominion Diamond Corporation has a consensus outperform rating from 5 Wall Street analysts, and the number of shares now sold short amount to at least 0.3% of shares outstanding. The stock now has an average rating of "Buy" and an average target price of $14.78. The share price has moved forward from its 20 days moving average, trading at a distance of 6.67% and stays 5.47% away from its 50 days moving average. The business's quarterly revenue was up 18.3% on a year-over-year basis. The firm's market cap is $1.03 billion.

In the last reported quarter, Dominion Diamond Corp reported its Actual EPS (earnings per share) of $0.09/share where most of the analysts working on this stock were estimating the EPS to be $0.11/share. Dominion Diamond Corporation had a negative net margin of 1.07% and a positive return on equity of 1.46%. Renaissance Technologies LLC now owns 2,848,898 shares of the basic materials company's stock valued at $27,577,000 after buying an additional 522,300 shares during the last quarter. Trexquant Investment LP increased its position in shares of Dominion Diamond Corporation by 82.0% in the fourth quarter.

(DDC), the third-largest diamond producer in the world by market value, is in advanced discussions with Washington Cos. regarding a sweetened cash takeover bid, Reuters reports.

Beta is also an important valuation ratio for analyzing the stock of the company, DDC has Beta of 0.61 while its industry and Sector's beta remains at 1.33 and 0.9 respectively. Analysts forecast that Dominion Diamond Corporation will post $0.85 earnings per share for the current year. Market Capitalization if basically the market value of the company's shares outstanding. The Washington companies will take controlling interest in the Ekati mine and 40 per cent ownership of the Diavik mine.

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