Devon Energy Corp (DVN) Stake Boosted by Viking Fund Management LLC

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20 May, 2017

Devon Energy Corp has a one year low of $31.80 and a one year high of $50.69.

Devon Energy Corporation is an independent energy company. Stonebridge Capital Management Inc.'s holdings in Devon Energy Corp were worth $693,000 as of its most recent filing with the SEC. Balyasny Asset Management Llc who had been investing in Pbf Energy Inc for a number of months, seems to be less bullish one the $2.30B market cap company. Meag Munich Ergo Kapitalanlagegesellschaft Mbh accumulated 167,962 shares or 0.36% of the stock. Deprince Race & Zollo accumulated 1.36M shares. Tortoise Cap Advsrs Limited Liability Co holds 0.08% of its portfolio in Devon Energy Corp (NYSE:DVN) for 289,149 shares. It has by 0.00% the S&P500. The firm has a market capitalization of $19.96 billion, a P/E ratio of 64.47 and a beta of 2.17. The Firm is focused on discovery, development and commercialization of new medicines to manage care and outcomes for people with cancer. It has a 12.2 P/E ratio. The Company's cabozantinib product is an inhibitor of multiple tyrosine kinases, including MET, AXL, and VEGF receptors.

Among 29 analysts covering Devon Energy Corporation (NYSE:DVN), 21 have Buy rating, 0 Sell and 8 Hold. Therefore 67% are positive. The lowest target is $31 while the high is $40.

Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Up in the future. The stock of Exelixis, Inc. (NYSE:PEP) has "Buy" rating given on Thursday, March 23 by BMO Capital Markets. Credit Suisse initiated it with "Outperform" rating and $121 target in Friday, September 16 report. The firm earned "Buy" rating on Monday, April 4 by Stifel Nicolaus. The firm earned "Neutral" rating on Wednesday, June 29 by Goldman Sachs. Zacks upgraded James River Group Holdings Ltd (NASDAQ:JRVR) rating on Monday, August 10.

Investors sentiment increased to 0.97 in Q4 2016. 403.62 million shares or 2.20% more from 394.94 million shares in 2016Q3 were reported. 72 funds opened positions while 223 raised stakes. Cap Fund Management Sa holds 0.24% or 618,861 shares in its portfolio. (NASDAQ:EXEL). Trexquant Investment L P reported 55,600 shares.

Balyasny Asset Management or BAM, was created in 2001 by Dmitry Balyasny. Moreover, Ancora Advisors Llc has 0.07% invested in the company for 290,500 shares. Apriem Advsrs reported 0% stake.

Presently Best Buy Co., Inc. About 2,295 shares traded. (NYSE:PEP). Wagner Bowman Mgmt reported 35,676 shares stake. Edge Wealth Management Limited Com has 0.17% invested in PepsiCo, Inc. Plante Moran Fin Advisors Limited Liability reported 87 shares. Highbridge Mgmt stated it has 0% of its portfolio in Exelixis, Inc. Balyasny Asset Management Llc is a Illinois-based hedge fund that was founded by Dmitry Balyasny. Taking a look into the performance of CBL stock, investor will come to know that the weekly performance for this stock is valued at -4.85%, resulting in a performance for the month at -16.22%. Moors Cabot has invested 0.04% in Devon Energy Corp (NYSE:DVN). (GST) stands at 7.68 while the industry's and the sector's growth for next 5 years ticked at 1.9 and -8.09 respectively. Shares for $111,086 were sold by WYSZOMIERSKI JACK L. Hessekiel Jeffrey sold $144,702 worth of stock. Texas-based Teacher Retirement System Of Texas has invested 0% in PBF Energy Inc (NYSE:PBF). Jolley Asset Management Ltd Com owns 50 shares or 0% of their USA portfolio. 211,300 shares were sold by MORRISSEY MICHAEL, worth $4.62 million. Its last 5-Year EPS growth stands at -25.40% with earnings growth of 44.00% yoy. According to the past 5 years report, the company on average reported - year-over-year EPS growth and sales growth was recorded at -. After $0.05 actual earnings per share reported by Exelixis, Inc. for the previous quarter, Wall Street now forecasts -60.00% negative EPS growth. Another trade for 195,437 shares valued at $21.03M was made by Johnston Hugh F on Friday, February 17. It also reduced Spdr S&P Div Etf (SDY) stake by 5,298 shares and now owns 3,530 shares.

Devon Energy Corporation (DVN) surprised the stock market in its last reported earnings when it earned $0.41 a piece versus the consensus-estimated $0.4. Devon Energy Corporation had 66 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Friday, February 19 by Wolfe Research. Jefferies Group LLC lowered Devon Energy Corp from a "buy" rating to a "hold" rating and set a $48.00 price objective on the stock.in a research note on Tuesday, January 17th. The stock's 52-week range is $7.80 - $14.30.

Devon Energy Corporation (NYSE:DVN) has declined -18.10% since January and is down -3.09% for the past week. The company was upgraded on Friday, December 9 by Seaport Global. Susquehanna maintained it with "Positive" rating and $37 target in Tuesday, January 26 report.


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