BlueCrest Capital Management Ltd Invests $1.40 Million in Devon Energy Corporation (DVN)

Andrew Cummings
October 14, 2017

3M Co (NYSE:MMM) has risen 18.59% since October 12, 2016 and is uptrending. (DVN) stake by 19.32% reported in 2017Q2 SEC filing. Finally, Janus Capital Management LLC increased its position in Devon Energy Corporation by 408.1% during the first quarter. (DVN)'s stock declined 13.09%. The Conestoga Capital Advisors Llc holds 574,201 shares with $36.61M value, down from 677,911 last quarter. The other 23, though not evenly; between analysts who think you should buy Devon Energy Corporation versus those who think you should sell it. Guggenheim upgraded Devon Energy Corp (NYSE:DVN) on Thursday, November 12 to "Buy" rating. It has underperformed by 3.46% the S&P500.

Currently, Devon Energy Corporation holds a stock price of $36.08 and exhibits a change in price of 0.22%. Therefore 13% are positive. Devon Energy Corporation had 92 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets set a $38.00 target price on Devon Energy Corporation and gave the stock a buy rating in a research report on Monday, August 28th. Seaport Global downgraded the stock to "Neutral" rating in Wednesday, January 13 report. The firm earned "Neutral" rating on Friday, January 6 by JP Morgan. The rating was downgraded by Keefe Bruyette & Woods to "Mkt Perform" on Friday, January 20. Devon Energy Corporation's dividend payout ratio (DPR) is now 5.47%. The company presently has an average rating of Buy and a consensus target price of $45.31. The firm has "Mkt Perform" rating by Raymond James given on Tuesday, September 6. BidaskClub lowered Devon Energy Corporation from a sell rating to a strong sell rating in a research report on Saturday, June 24th. The rating was maintained by Credit Suisse with "Outperform" on Thursday, February 18. Its down 0.40, from 1.75 in 2017Q1. The total value of its holdings increased 82.6%. 74 funds opened positions while 243 raised stakes. First Reserve Grp Inc Xii accumulated 16.8% or 1.34 million shares.

COPYRIGHT VIOLATION NOTICE: "BlueCrest Capital Management Ltd Invests $1.40 Million in Devon Energy Corporation (DVN)" was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. Jefferies Group also issued estimates for Devon Energy Corporation's Q3 2017 earnings at $0.34 EPS, Q4 2017 earnings at $0.54 EPS, FY2017 earnings at $1.62 EPS, Q1 2018 earnings at $0.50 EPS, Q2 2018 earnings at $0.53 EPS, Q3 2018 earnings at $0.68 EPS, Q4 2018 earnings at $0.71 EPS, FY2018 earnings at $2.41 EPS, Q1 2019 earnings at $0.76 EPS, Q2 2019 earnings at $0.80 EPS, Q3 2019 earnings at $0.84 EPS and FY2019 earnings at $3.27 EPS. 6,953 were accumulated by Ontario Teachers Pension Plan Board. State Board Of Administration Of Florida Retirement holds 0.07% or 767,819 shares in its portfolio. Magnetar Financial Ltd Liability Co owns 7,871 shares. DVN trades with a P/S ratio of 1.49. Citadel Advisors Limited Com holds 8.91 million shares.


Devon Energy Corporation (NYSE DVN) opened at 35.61 on Wednesday. Corporate insiders own 0.51% of the company's stock. Gsa Limited Liability Partnership holds 120,122 shares. Schafer Cullen Capital Inc stated it has 0.02% in Devon Energy Corp (NYSE:DVN). Koch Industry Inc reported 0.11% stake. (NASDAQ:SPSC). Bb&T holds 0% or 3,565 shares in its portfolio. Garrison Fincl Corp owns 4,220 shares.

Third Avenue Management Llc increased Avnet Inc. 135.71 million shares or 10.16% more from 123.20 million shares in 2017Q1 were reported. Following the completion of the transaction, the director now owns 11,338 shares of the company's stock, valued at $378,122.30.

Devon Energy Corporation (NYSE:DVN) last issued its quarterly earnings data on Tuesday, August 1st. Jefferies Group analyst M. Lear expects that the energy company will post earnings of $0.34 per share for the quarter. BK's profit will be $950.54M for 14.90 P/E if the $0.92 EPS becomes a reality. Dnb Asset Management As reported 144,900 shares or 0% of all its holdings.


Investors sentiment decreased to 1.35 in Q2 2017. Its up 0.06, from 1.02 in 2017Q1. It is negative, as 16 investors sold SPSC shares while 49 reduced holdings. 387.02 million shares or 0.60% more from 384.71 million shares in 2017Q1 were reported. Freestone Cap Llc has 7,822 shares for 0.02% of their portfolio. Massachusetts Serv Ma has invested 0.03% in Apollo Global Management LLC (NYSE:APO). Moreover, Royal Natl Bank Of Canada has 0.02% invested in SPS Commerce, Inc. The Maryland-based Df Dent & Inc has invested 0.01% in SPS Commerce, Inc. London Company Of Virginia holds 1,730 shares. Da Davidson & invested in 0% or 2,947 shares. New York-based Roanoke Asset Mngmt New York has invested 0.62% in Devon Energy Corp (NYSE:DVN). Roanoke Asset Corp New York has 41,119 shares. Dow Chem Co (NYSE:DOW) was reduced too. Citigroup holds 284,451 shares or 0.01% of its portfolio. Webster Commercial Bank N A has 600 shares for 0% of their portfolio. That's down from its daily average of 4.42 million contracts. Levin Strategies L P accumulated 674,163 shares. $597,500 worth of 3M Co (NYSE:MMM) was sold by Price Kimberly F on Thursday, May 4. Scotiabank set a $47.00 price target on shares of Devon Energy Corporation and gave the company a "buy" rating in a research report on Friday, August 11th. Therefore 46% are positive. On Wednesday, December 9 the stock rating was maintained by RBC Capital Markets with "Outperform". As per Monday, August 17, the company rating was maintained by Deutsche Bank. Through this figure traders can analyze that DVN show whether or not a stock now most active and standing in buying side or sell side. The firm has "Buy" rating given on Friday, September 1 by Stifel Nicolaus. Of the analysts surveyed by Reuters that track Valero Energy Corporation 11 of them rate its stock a hold. The company was maintained on Friday, February 19 by Barclays Capital. The firm earned "Overweight" rating on Thursday, July 14 by Barclays Capital. Next quarter's EPS is forecasted at $0.53 and the next full year EPS is anticipated to be $2.06.

Berkshire Asset Management Llc increased General Electric (NYSE:GE) stake by 298,535 shares to 921,663 valued at $24.89M in 2017Q2.


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