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FY2016 Earnings Estimate for Devon Energy Corp. Issued By CLSA (DVN)

12 January 2018

Citadel Advisors Llc bought 395,159 shares as the company's stock declined 6.73% while stock markets rallied. That value represents a market adjusting for revenues that have been growing by 9.51 % on a quarterly year/year basis as of the company's last quarterly report. The weekly volatility was 1.97% for Devon Energy Corporation, DVN, making it easy for the traders to interpret how riskier their investment is on this stock. About 1.53 million shares traded. Honeywell International Inc. (NYSE:HON) has risen 17.66% since January 11, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.

Nippon Life Insurance Company increased its stake in Devon Energy Corp New (DVN) by 35.64% based on its latest 2017Q3 regulatory filing with the SEC. Jefferies Group LLC lowered shares of Devon Energy Corp. from a "buy" rating to a "hold" rating and set a $48.00 target price for the a research note on Tuesday, January 17th. Speece Thorson Capital Group Inc who had been investing in Devon Energy Corp New for a number of months, seems to be bullish on the $22.30 billion market cap company. The stock decreased 0.09% or $0.02 during the last trading session, reaching $22.74. Trading volume for Devon Energy Corporation was 5.82 Million in its previous trading session. It has underperformed by 3.46% the S&P500. During the same period in the prior year, the business posted $1.89 earnings per share.

Among 15 analysts covering Hormel Foods Corporation (NYSE:HRL), 5 have Buy rating, 3 Sell and 7 Hold. Therefore 60% are positive. As per Wednesday, May 4, the company rating was maintained by JP Morgan. As per Thursday, February 4, the company rating was downgraded by Goldman Sachs. Wunderlich initiated the stock with "Buy" rating in Wednesday, April 27 report. RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) on Monday, September 25 with "Buy" rating. Citigroup maintained it with "Buy" rating and $45 target in Monday, July 18 report. The stock of Devon Energy Corporation (NYSE:DVN) has "Accumulate" rating given on Thursday, May 19 by Johnson Rice. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. RBC Capital Markets maintained the stock with "Outperform" rating in Wednesday, December 9 report.

The TTM operating margin for the company stands at 15.9%.

Investors sentiment decreased to 1 in Q3 2017. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.87. It dived, as 55 investors sold DVN shares while 230 reduced holdings. 75 funds opened positions while 209 raised stakes. Vantage Invest Ltd holds 0% or 213 shares in its portfolio. Westpac Banking holds 0.01% or 5,835 shares in its portfolio. Fiduciary Inc Wi accumulated 4.75M shares. Pointstate Cap Lp holds 0.36% or 1.15 million shares. Stuyvesant Mngmt invested in 65,680 shares. The stock of Devon Energy Corporation (NYSE:DVN) has "Buy" rating given on Thursday, March 23 by BMO Capital Markets. Cubist Systematic Strategies Ltd Liability Corp has invested 0.01% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Highstreet Asset Mngmt reported 38,563 shares. Tcw Gp, California-based fund reported 28,948 shares. Van Eck reported 98,387 shares. Moreover, Stevens Cap Mgmt LP has 0.11% invested in Devon Energy Corporation (NYSE:DVN) for 82,611 shares. Commonwealth Equity Services Incorporated has invested 0.01% in Devon Energy Corporation (NYSE:DVN). Finally, Seaport Global Securities upgraded shares of Devon Energy from a "neutral" rating to a "buy" rating in a research note on Tuesday, December 19th. Cipher Capital Limited Partnership invested in 0.06% or 9,315 shares.

Since August 7, 2017, it had 0 buys, and 2 selling transactions for $7.21 million activity. The insider FRIEDLAND JONATHAN sold 2,743 shares worth $563,938. Joel Isaacson And Lc has 16,239 shares.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.08, from 1.08 in 2017Q2. It is negative, as 50 investors sold BA shares while 609 reduced holdings. 106 funds opened positions while 593 raised stakes. 411.79 million shares or 1.95% less from 419.99 million shares in 2017Q2 were reported. Calamos Wealth Management Ltd reported 4,342 shares. The Company also produces over 1.6 billion cubic feet of natural gas a day and approximately 135 thousand barrels of NGLs per day. D E Shaw And Co holds 2.57M shares. Metropolitan Life Ny reported 250,433 shares or 0.06% of all its holdings. 315.41 million shares or 0.53% more from 313.75 million shares in 2017Q2 were reported. Oakbrook Invests Limited Liability Com holds 41,850 shares. Tradition Capital Mgmt Ltd Liability Corp has invested 1.02% in Devon Energy Corporation (NYSE:DVN). Kbc Group Incorporated Nv owns 65,437 shares or 0.02% of their U.S. portfolio. Suntrust Banks Inc holds 0.03% or 146,513 shares. (NASDAQ:NFLX). Kentucky Retirement System holds 26,464 shares. Guyasuta Inv Advsr stated it has 0.08% in Netflix, Inc. (NASDAQ:PEP) for 109,608 shares. Asset Mgmt reported 3,758 shares. They expect $0.42 earnings per share, up 180.00% or $0.27 from last year's $0.15 per share. A lower P/E ratio costs less per share for the same level of performance than a company with a higher P/E ratio. After $0.46 actual EPS reported by Devon Energy Corporation for the previous quarter, Wall Street now forecasts 26.09% EPS growth. FNY Managed Accounts LLC acquired a new stake in shares of Devon Energy during the third quarter worth $134,000. (NASDAQ:ADI) on Wednesday, August 30 with "Buy" rating. Therefore 71% are positive. UBS maintained the stock with "Sell" rating in Thursday, June 16 report. The company operates in the Energy sector with a market capitalization of 22.42 Million. As per Thursday, February 23, the company rating was maintained by Barclays Capital. 0 analysts gave its stock an Outperform rating. The stock of Analog Devices, Inc. The company was maintained on Wednesday, October 18 by Canaccord Genuity. Robert W. Baird maintained Analog Devices, Inc.

In other news, EVP Lyndon C. Taylor sold 12,798 shares of the firm's stock in a transaction that occurred on Thursday, December 14th. The rating was maintained by Jefferies on Tuesday, October 3 with "Hold". On Thursday, January 19 the stock rating was maintained by Wedbush with "Underperform".

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