*Devon Energy Corp (DVN) Stake Held by Mitchell Group Inc

April 20, 2018 - By Sarah North

Devon Energy Corporation (NYSE:DVN) Corporate LogoBig Money Sentiment decreased to 0.92 in 2017 Q4. It has change of 0.08, from 2017Q3’s 1. The ratio worsened due to DVN positioning: 51 sold and 257 reduced. 94 funds bought positions and 188 increased positions. Investors holded 396.57 million in 2017Q3 but now own 404.83 million shares or 2.08% more. Davenport And Communication Limited Liability Corporation invested in 8,459 shs. 291,473 were reported by Cornerstone Cap Management Limited Co. 5,822 are owned by First Allied Advisory. Asset Mgmt Inc accumulated 44,941 shs. Sterling Cap Limited Liability invested in 29,400 shs or 0.01% of the stock. Jennison Associate Ltd Company holds 0.04% of its capital in Devon Energy Corporation (NYSE:DVN) for 995,180 shs. Rowland And Communication Investment Counsel Adv accumulated 52,543 shs or 0.85% of the stock. Wafra Inv Advisory Grp Inc Inc Inc Ny invested 0.7% in Devon Energy Corporation (NYSE:DVN). The New York-based Community Bancorp Na has invested 0% in Devon Energy Corporation (NYSE:DVN). 1.69M were reported by Sasco Inc Ct. Cannell Peter B Co holds 24,862 shs. Price T Rowe Associate Inc Md reported 0.02% in Devon Energy Corporation (NYSE:DVN). First Midwest Comml Bank Trust Division holds 0.1% of its capital in Devon Energy Corporation (NYSE:DVN) for 18,910 shs. Profund Advisors Limited Liability Corp accumulated 28,223 shs. Holt Capital Advsrs Ltd Co Dba Holt Capital Partners LP invested in 0.18% or 13,550 shs.

The holdings In Devon Energy Corp (DVN) was decreased held by Mitchell Group Inc. According to 2017Q4 SEC filling the reduction is 9.59%. The company’s stock sank 23.72% while Mitchell Group Inc sold 87,900 shares. At the end of 2017Q4, the 828,449 shares of the oil & gas production company held by the institutional investor were priced at $34.30 million, down from 916,349 at the end of the previous reported quarter. Devon Energy Corp has $18.78 billion market cap. DVN is hitting $35.69 during the last trading session, after decreased 1.14%.Devon Energy Corporation is downtrending after having declined 18.44% since April 20, 2017. DVN has 12.06 million volume or 44.17% up from normal. DVN underperformed by 29.99% the S&P500.

For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

On May, 1 WallStreet anticipated Devon Energy Corporation (NYSE:DVN)’s earnings release, as reported by RTT. Last year’s EPS was $0.41, while now analysts expect change of 41.46 % down from current $0.24 EPS. DVN’s profit could hit $126.27M if the current EPS of $0.24 is accurate. After $0.38 EPS was announced last quarter, analysts now see negative EPS growth of -36.84 % for Devon Energy Corporation.

Devon Energy Corporation (NYSE:DVN) Ratings Coverage

In total 21 analysts cover Devon Energy Corp (NYSE:DVN). “Buy” rating has 15, “Sell” are 0, while 6 are “Hold”. (NYSE:DVN) has 71% bullish analysts. With $68.0 highest and $35 lowest Target, Devon Energy Corp has $46.22 average Target or 29.50% above the current ($35.69) price. 38 are the (NYSE:DVN)’s ratings reports on Apr 20, 2018 according to StockzIntelligence Inc. The company rating was initiated by FBR Capital on Monday, February 5. On Wednesday, December 20 the firm has “Buy” rating by Jefferies given. On Wednesday, March 14 the rating was maintained by JP Morgan with “Overweight”. On Monday, November 20 the firm has “Overweight” rating by Barclays Capital given. On Wednesday, December 20 the firm has “Buy” rating by RBC Capital Markets given. On Tuesday, November 28 the stock of Devon Energy Corporation (NYSE:DVN) has “Buy” rating given by Citigroup. On Thursday, April 12 the firm has “Buy” rating given by Scotia Capital. The company rating was maintained by Susquehanna on Wednesday, February 21. On Thursday, November 2 Stephens upgraded the shares of DVN in report to “Overweight” rating. On Wednesday, January 10 the stock of Devon Energy Corporation (NYSE:DVN) has “Equal-Weight” rating given by Capital One.

Devon Energy Corporation (NYSE:DVN) Institutional Investors Chart

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