Diana Shipping inc. (NYSE:DSX) has been assigned an average rating of “Hold” from the nine ratings firms that are currently covering the firm. Two investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $2.92.

DSX has been the subject of several analyst reports. Zacks Investment Research raised shares of Diana Shipping inc. from a “hold” rating to a “buy” rating and set a $2.75 price target for the company in a report on Wednesday, October 26th. Jefferies Group set a $3.00 price target on shares of Diana Shipping inc. and gave the stock a “hold” rating in a report on Wednesday, July 27th. Deutsche Bank AG reissued a “hold” rating on shares of Diana Shipping inc. in a report on Wednesday, September 28th. Seaport Global Securities initiated coverage on shares of Diana Shipping inc. in a report on Tuesday, August 2nd. They set a “neutral” rating and a $3.00 price target for the company. Finally, Clarkson Capital reissued a “neutral” rating on shares of Diana Shipping inc. in a report on Friday, September 23rd.

A number of hedge funds and other institutional investors have recently modified their holdings of DSX. Kopernik Global Investors LLC boosted its position in shares of Diana Shipping inc. by 1.4% in the third quarter. Kopernik Global Investors LLC now owns 4,319,723 shares of the company’s stock worth $11,318,000 after buying an additional 58,183 shares during the period. Parametric Portfolio Associates LLC boosted its position in shares of Diana Shipping inc. by 10.8% in the second quarter. Parametric Portfolio Associates LLC now owns 1,789,768 shares of the company’s stock worth $4,349,000 after buying an additional 175,021 shares during the period. Emerald Acquisition Ltd. acquired a new position in shares of Diana Shipping inc. during the second quarter worth $3,879,000. Royce & Associates LP boosted its position in shares of Diana Shipping inc. by 3.0% in the second quarter. Royce & Associates LP now owns 1,199,433 shares of the company’s stock worth $2,915,000 after buying an additional 35,000 shares during the period. Finally, Chartwell Investment Partners LLC acquired a new position in shares of Diana Shipping inc. during the second quarter worth $1,941,000. 45.10% of the stock is owned by institutional investors.

Diana Shipping inc. (NYSE:DSX) opened at 3.31 on Tuesday. Diana Shipping inc. has a one year low of $1.95 and a one year high of $5.84. The stock’s 50 day moving average price is $2.62 and its 200 day moving average price is $2.61. The firm’s market capitalization is $266.57 million.

About Diana Shipping inc.

Diana Shipping Inc is a holding company. The Company is engaged in providing shipping transportation services. The Company is also engaged in the ocean transportation of dry bulk cargoes across the world through the ownership of dry bulk carrier vessels. Its fleet consists of over 45 dry bulk vessels, of which 22 are Panamax, four are Kamsarmax, three are Post-Panamax, 14 are Capesize and two are Newcastlemax vessels, having a combined carrying capacity of over 5.2 million dead weight tons.

5 Day Chart for NYSE:DSX

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