Economy

Devon Energy Corporation (DVN) Shares Bought by HGK Asset Management Inc

Devon Energy Corp New now has $19.19B valuation. The stock increased 0.27% or $0.2 on September 22, reaching $74.41.

About 489,529 shares traded. It has outperformed by 38.35% the S&P500.

HGK Asset Management Inc. lifted its stake in shares of Devon Energy Corporation (NYSE:DVN) by 12.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Bank of New York Mellon Corp now owns 6,311,065 shares of the energy company's stock worth $263,297,000 after acquiring an additional 1,690,260 shares in the last quarter. New Mexico Educational Retirement Board invested 0.08% in Devon Energy Corp (NYSE:DVN). The stock rose 2.04% or $0.73 reaching $36.51 per share. About 4.73 million shares traded or 18.55% up from the average. The Value Composite Two of Devon Energy Corporation (NYSE:DVN) is 23. It has underperformed by 3.46% the S&P500. Cliftonlarsonallen Wealth Advisors Lc has invested 2.17% in Devon Energy Corp (NYSE:DVN). VG's profit would be $15.87M giving it 28.82 P/E if the $0.07 EPS is correct. Croft holds 0.79% or 80,233 shares. Scotiabank set a $49.00 price target on Devon Energy Corporation and gave the stock a "buy" rating in a research report on Saturday, July 1st. Therefore 63% are positive. Citigroup has "Buy" rating and $32 target. The company was maintained on Tuesday, March 29 by Deutsche Bank. The firm has "Neutral" rating by Credit Suisse given on Wednesday, October 19. On Tuesday, December 8 the stock rating was maintained by UBS with "Sell". The firm has "Overweight" rating given on Wednesday, December 9 by JP Morgan.

Gluskin Sheff & Assoc Inc increased Home Depot Inc. Df Dent & Comm owns 1.12 million shares for 3.93% of their portfolio. Park Oh owns 6,779 shares.

Investors sentiment increased to 1.08 in 2017 Q2. Narrowing in a bit closer, the 5 month price index is 0.90156, the 3 month is 1.17585, and the 1 month is now 1.15688. It improved, as 14 investors sold Vonage Holdings Corp. shares while 65 reduced holdings. 108 funds opened positions while 483 raised stakes. 400.45 million shares or 0.08% more from 400.14 million shares in 2017Q1 were reported.

Devon Energy Corporation (NYSE:DVN) has an M-score Beneish of -2.464256. The ROIC 5 year average of Devon Energy Corporation (NYSE:DVN) is 0.102007. Fernwood Invest Management Lc owns 7,850 shares for 0.18% of their portfolio. Buckingham Asset Management Limited Liability Corporation reported 7,235 shares stake. Hl Financial Services Limited Co owns 0.01% invested in Devon Energy Corp (NYSE:DVN) for 11,234 shares. Schroder Invest Mngmt Gru reported 371,386 shares. Teacher Retirement Sys Of Texas owns 436,240 shares or 0.1% of their United States portfolio. Tfs Capital Llc holds 0.32% or 125,187 shares. Flippin Bruce Porter stated it has 0.47% of its portfolio in Devon Energy Corp (NYSE:DVN). Cwm Limited Com holds 0.09% of its portfolio in Vonage Holdings Corp. Prentiss Smith And Comm accumulated 1,211 shares. The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. Smith Asset LP has 308,606 shares for 0.3% of their portfolio. First Quadrant LP Ca reported 0% in Depomed Inc (NASDAQ:DEPO). It also upped Omnicom Group Inc (NYSE:OMC) stake by 20,000 shares and now owns 106,000 shares. Forum Energy Tec (NYSE:FET) was raised too.

Other equities analysts have also issued reports about the company. They expect $-0.32 EPS, down 52.38% or $0.11 from last year's $-0.21 per share. MSFT's profit will be $5.70 billion for 25.14 P/E if the $0.74 EPS becomes a reality. Equities analysts forecast that Devon Energy Corporation will post $1.73 EPS for the current year. 3 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. Therefore 57% are positive. Credicorp LTD had 10 analyst reports since September 11, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with "Buy" rating and $4300 target in Thursday, July 20 report. The firm has "Buy" rating by BMO Capital Markets given on Sunday, August 27. Jefferies maintained the stock with "Sell" rating in Friday, July 14 report. The firm earned "Sell" rating on Monday, November 16 by Liberum Capital. The rating was maintained by RBC Capital Markets on Wednesday, December 9 with "Outperform".

Investors sentiment decreased to 0.87 in 2017 Q2. Its down 0.02, from 0.84 in 2017Q1. It fall, as 33 investors sold DEPO shares while 54 reduced holdings. 66 funds opened positions while 261 raised stakes. The institutional investor held 296,923 shares of the medical and nursing services company at the end of 2017Q2, valued at $23.89 million, up from 287,596 at the end of the previous reported quarter. First Republic Investment Management Inc reported 906,306 shares stake. Lombard Odier Asset Management (Switzerland) Sa holds 0.03% or 1,701 shares in its portfolio. 202,387 shares valued at $1.93 million were sold by Vargas Thadd M on Tuesday, June 13. During the same period past year, the company earned $0.06 earnings per share. Braun Stacey Inc holds 461,202 shares or 2.06% of its portfolio. Rhumbline Advisers, a Massachusetts-based fund reported 231,007 shares. The company has Relative Strength Index (RSI 14) of 73.33 together with Average True Range (ATR 14) of 0.86. Stifel Nicolaus maintained it with "Buy" rating and $67.0 target in Friday, September 1 report. Louisiana State Employees Retirement System holds 32,600 shares.



Like this

loading...
loading...

Latest


26 September 2017
Valuation Review: Qep Resources (QEP) and Vipshop Holdings Ltd (VIPS)
The expected future growth in earnings per share ("EPS") is an incredibly important factor.in identifying an under-valued stock. A total of 7.34 Million shares exchanged hands, whereas the company's average trading volume stands at 5.72 Million shares.

26 September 2017
Barrick Gold Corporation (NYSE:ABX) has industry P/E ratio of 12.23
ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by StockNewsTimes and is the property of of StockNewsTimes. Capital Innovations LLC acquired a new position in shares of Barrick Gold Corporation during the 1st quarter valued at $253,000.

26 September 2017
The first couple has been eliminated from this season of "DWTS"
Unfortunately, Barbara Corcoran became the first contestant off this season, but she had plenty of smiles on her way out. Bruno did talk about her arm movement, but Carrie Ann disputed that, while Len also came with compliments.

26 September 2017
Bank Of New York Mellon Corporation (The) (NYSE:BK) EPS Analysis
It improved, as 50 investors sold BK shares while 311 reduced holdings. 37 funds opened positions while 72 raised stakes. Financial Engines Advisors Llc decreased Bank Of New York Mellon Corp (BK) stake by 7.75% reported in 2017Q2 SEC filing.

26 September 2017
Queensland cautions Turnbull against gas export cap
Both bodies forecasted a shortfall of nearly 110 petajoules of gas next year, which could be the same case as in 2019. Turnbull has criticised NSW for not moving quickly to approve the Narrabri gas project.

26 September 2017
Tetra Technologies, Inc. (NYSE:TTI) Sees Price Swing - Up $0.13
The portion of a company's profit allocated to each outstanding share of common stock was 0 a share in the trailing twelve months. Tetra Tech, Inc is a provider of consulting, engineering, program management, construction management, and technical services.

26 September 2017
Zinedine Zidane: Dani Ceballos will get another chance after impressing against Alaves
The 21-year-old vented any lingering annoyance in fine fashion with his brace at Alaves , however, leaving Zidane purring. I will keep going now to make things hard for Zidane".

26 September 2017
Wanted militant Qayoom Najjar killed while infiltrating into Kashmir
Since the police had no picture of him, so they pasted a picture of a shopkeeper claiming it to be Najar. Najar, the longest surviving militant, was one of the top commanders of Hizbul Mujahideen.

26 September 2017
'GoT' actors Kit Harrington, Rose Leslie officially off the market
He added: 'I said to her, cause she's moved into my house, "Look darling, it's important that this is our space". But now, it turns out they've just got engaged after Kit got down on one knee last week.

26 September 2017
AbbVie Inc. (ABBV) Earns Buy Rating from Goldman Sachs Group Inc
The value of the investment in (ABBV) went from $624,000 to $1,223,000,000 a change of $1,222,376,000 quarter to quarter. Gyroscope Capital Management Group Llc increased Cardinal Health Inc (CAH) stake by 11% reported in 2017Q2 SEC filing.