Devon Energy Corporation (NYSE:DVN) Closed Over Its 50 Day Moving Average

Devon Energy Corporation (NYSE:DVN) Closed Over Its 50 Day Moving Average

Point72 Asset Management, L.p. controls 1,095,736 shares with a value of $35,031,000. 3M Co now has $129.21 billion valuation. The overall volume in the last trading session was 3.25 million shares. About 30 shares traded. Dow Chem Co (NYSE:DOW) was reduced too. It has outperformed by 46.63% the S&P500.

Howe & Rusling Inc increased Devon Energy Corp New (DVN) stake by 5585.35% reported in 2017Q2 SEC filing.

DVN has been the subject of several other reports. Shapiro Capital Management LLC grew its position in Devon Energy Corporation by 2.2% during the first quarter. (DVN)'s stock declined 13.09%. Schwab Charles Investment Management Inc. now owns 1,953,530 shares of the energy company's stock valued at $62,455,000 after buying an additional 87,912 shares during the period.

Devon Energy Corporation, launched on May 18, 1999, is an independent energy company. About shares traded. Devon Energy Corp (NYSE:DVN) has risen 13.24% since October 12, 2016 and is uptrending. It has underperformed by 3.46% the S&P500.

The stock increased 0.18% or $0.03 during the last trading session, reaching $16.55. Therefore 13% are positive. Finally, BMO Capital Markets set a $42.00 price target on Devon Energy Corp and gave the stock a "buy" rating in a research report on Monday, May 15th. Seaport Global Securities cut Devon Energy Corporation from a buy rating to a neutral rating and decreased their price target for the company from $51.00 to $28.00 in a report on Wednesday, June 21st. The stock has "Positive" rating by Susquehanna on Tuesday, January 26. The firm has "Market Perform" rating by Bernstein given on Thursday, July 6. The rating was maintained by iBERIA Capital Partners on Tuesday, March 8 with "Sector Perform". The company was maintained on Thursday, July 27 by Stifel Nicolaus. (NASDAQ:SPSC) on Monday, September 26 with "Buy" rating. The rating was maintained by Barclays Capital on Friday, February 19 with "Overweight". Finally, Barclays PLC reissued a buy rating and set a $31.00 price target on shares of Devon Energy Corporation in a report on Friday, July 7th.


Investors sentiment increased to 1.08 in 2017 Q2. Its down 0.40, from 1.75 in 2017Q1. However, the institutional investors are observed to own 79.20% of the total shares. 74 funds opened positions while 243 raised stakes. The dividend payment will be $0.060 per share for the quarter or $0.24 annualized. Shell Asset Company holds 0.02% or 27,920 shares in its portfolio.

Devon Energy Corporation is maintained at an average outperform rating by 32 stock analysts, and there are at least 1.84% of shares outstanding that are now legally short sold. Financial Bank Of Ny Mellon Corp holds 0.05% or 5.81M shares. 1St Advsr holds 0.08% or 21,390 shares in its portfolio. Wespac Advsr Ltd Liability owns 50,939 shares or 0.92% of their U.S. portfolio. Ls Inv Advsrs Ltd Liability reported 17,646 shares. Dupont Capital reported 7,041 shares. Sun Life Fincl stated it has 0.01% of its portfolio in Devon Energy Corp (NYSE:DVN).

Investors are more bearish on shares of the company lately as indicated by the uptick in short interest. Hanson Mcclain holds 540 shares. REIT (NYSE:WPC). Moreover, Fisher Asset Mngmt Ltd Company has 0% invested in W.P. Carey Inc. Dekabank Deutsche Girozentrale reported 124,803 shares stake. Pnc Fin Group holds 0.02% or 475,297 shares. Sg Americas Securities Ltd holds 0.14% of its portfolio in Devon Energy Corp (NYSE:DVN) for 484,316 shares.

Third Avenue Management Llc increased Avnet Inc. It also reduced Mgic Invt Corp Wis (NYSE:MTG) stake by 189,150 shares and now owns 6.73M shares. As of quarter end Private Asset Management Inc had bought 14,875 shares growing its holdings by 59.1%. Siteone Landscape Supply Inc was raised too. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2017/10/13/bmo-capital-markets-analysts-give-devon-energy-corporation-dvn-a-45-00-price-target.html. After having $-0.03 EPS previously, Under Armour Inc's analysts see -733.33% EPS growth. The value of the total investment in Devon Energy Corporation went from $805,000 to $1,470,000 a change of $665,000 since the last quarter.

Investors sentiment decreased to 0.88 in 2017 Q2. Its up 0.06, from 1.02 in 2017Q1. 80 funds opened positions while 240 raised stakes. Associated Banc reported 10,478 shares or 0.02% of all its holdings. Evergreen Cap Management Limited Liability Corp holds 1.1% or 133,433 shares in its portfolio. 1,850 are held by Mitsubishi Ufj Secs Hldgs Limited. Webster Commercial Bank N A has 600 shares for 0% of their portfolio. Bronson Point Mgmt Lc owns 17,000 shares. Tnb has 1.67% invested in 3M Co (NYSE:MMM). Thompson Siegel And Walmsley Limited Company holds 350 shares or 0% of its portfolio. Leisure reported 21,785 shares. Grantham Mayo Van Otterloo Llc stated it has 15,600 shares or 0% of all its holdings. 14,616 shares valued at $2.86M were sold by Bauman James L on Thursday, May 11. That's a potential -2.52 fall from where (NYSE:VLO) has been trading recently. $597,500 worth of 3M Co (NYSE:MMM) was sold by Price Kimberly F on Thursday, May 4. The other 10 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. Under Armour had 8 analyst reports since March 24, 2017 according to SRatingsIntel. RBC Capital Markets maintained it with "Hold" rating and $58.0 target in Friday, October 6 report. The company was maintained on Friday, July 21 by Citigroup. The firm earned "Outperform" rating on Thursday, February 18 by RBC Capital Markets. The rating was upgraded by Barclays Capital on Monday, January 11 to "Overweight". Days to cover decreased 0.0 to 2.0 and the short interest percentage is 0.02% as of September 29. REIT for the previous quarter, Wall Street now forecasts -13.04% negative EPS growth.

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