The Price to book ratio is the current share price of a company divided by the book value per share. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Devon Energy in the 3rd quarter valued at about $183,000. Institutional investors own 77.49% of the company's stock. About 144,997 shares traded. Halliburton Company (NYSE:HAL) has risen 19.03% since January 19, 2017 and is uptrending. It has outperformed by 159.68% the S&P500.
Grandfield & Dodd Llc increased Devon Energy Corp New (DVN) stake by 40.74% reported in 2017Q3 SEC filing.
In other Devon Energy news, EVP Lyndon C. Taylor sold 12,798 shares of the firm's stock in a transaction that occurred on Thursday, December 14th. The hedge fund run by Ryan Frick held 575,000 shares of the technology company at the end of 2017Q3, valued at $82.86 million, up from 475,000 at the end of the previous reported quarter. The stock decreased 0.95% or $0.41 during the last trading session, reaching $42.79. About 1.84 million shares traded or 30.65% up from the average.
National Pension Service boosted its holdings in shares of Devon Energy Corp (NYSE:DVN) by 11.6% in the fourth quarter, Holdings Channel reports. It has underperformed by 3.46% the S&P500.The move comes after 6 months positive chart setup for the $22.92 billion company.
Davidson Investment Advisors, which manages about $1.17 billion and $925.69 million US Long portfolio, upped its stake in Philip Morris Intl Inc (NYSE:PM) by 16,786 shares to 117,257 shares, valued at $13.02M in 2017Q3, according to the filing. Umb Fincl Bank N A Mo stated it has 11,792 shares or 0.01% of all its holdings.
Numeric Investors Llc decreased its stake in Comcast Corp New (CMCSA) by 0.67% based on its latest 2017Q3 regulatory filing with the SEC. 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 turned negative, as 55 investors sold Devon Energy Corporation shares while 230 reduced holdings. 75 funds opened positions while 209 raised stakes. According to their observations and findings, the stock could provide a high EPS of $0.88/share and a low EPS of $0.4/share. Proshare Advsr Limited Liability Co holds 0.05% or 158,922 shares in its portfolio. Oppenheimer Asset Mgmt invested in 241,463 shares or 0.23% of the stock.
At the time of writing, Devon Energy Corporation (NYSE:DVN) has a Piotroski F-Score of 6. Eulav Asset Management sold 4,000 shares as Jazz Pharmaceuticals Plc (JAZZ)'s stock rose 8.72%. Indiana-based First Finance In has invested 0.02% in Devon Energy Corporation (NYSE:DVN). Edge Wealth Management Limited Com holds 0% in Devon Energy Corporation (NYSE:DVN) or 250 shares. According to today's trading volume Devon Energy Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. Capital holds 993,600 shares or 0.04% of its portfolio. Calamos Ltd Company invested in 0.04% or 126,071 shares. The insider ENRIGHT PATRICK G sold 9,000 shares worth $1.26M.
Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and fifteen have given a buy rating to the company's stock. Therefore 69% are positive. Piper Jaffray Companies reissued a "hold" rating and set a $42.00 price target on shares of Devon Energy in a research report on Tuesday, January 9th. RBC Capital Markets maintained the stock with "Outperform" rating in Thursday, February 18 report. Stifel Nicolaus set a $66.00 target price on Devon Energy and gave the company a buy rating in a research report on Thursday, October 5th. They set a "buy" rating and a $73.00 target price on the stock. The firm earned "Buy" rating on Thursday, August 24 by RBC Capital Markets. The firm has "Sell" rating by UBS given on Tuesday, December 8. Cowen & Co maintained Halliburton Company (NYSE:HAL) rating on Thursday, October 20. Following the completion of the transaction, the executive vice president now owns 67,900 shares in the company, valued at $2,599,891. The firm has "Buy" rating given on Thursday, January 11 by BMO Capital Markets. The price to earnings ratio for Devon Energy Corporation (NYSE:DVN) is 14.674595. During the same period past year, the firm earned $1.89 EPS. DVN's profit will be $304.80M for 18.62 P/E if the $0.58 EPS becomes a reality. After $0.46 actual EPS reported by Devon Energy Corporation for the previous quarter, Wall Street now forecasts 26.09% EPS growth.
Investors sentiment decreased to 0.85 in 2017 Q3. They expect $2.63 earnings per share, up 37.70% or $0.72 from last year's $1.91 per share. It fall, as 92 investors sold WFC shares while 725 reduced holdings. 165 funds opened positions while 367 raised stakes. Aperio Group Inc Limited Liability Com invested in 0.43% or 298,436 shares. Natl Asset Mngmt accumulated 0.07% or 3,049 shares. 185.56 million shares or 2.84% more from 180.44 million shares in 2017Q2 were reported. Mraz Amerine And Associates Inc reported 0.07% stake. Old Mutual Customised Solutions (Proprietary) holds 0.07% or 14,868 shares. The Missouri-based Plancorp Lc has invested 0.07% in Comcast Corporation (NASDAQ:CMCSA). Washington holds 3,000 shares. Goldman Sachs Group Inc Inc owns 2.45 million shares. Strs Ohio reported 0.56% stake. Thornburg Inv Management stated it has 238,917 shares or 0.25% of all its holdings. Moreover, Accuvest Global Advsrs has 0% invested in The Boeing Company (NYSE:BA).
Eulav Asset Management increased Tesla Inc (NASDAQ:TSLA) stake by 10,000 shares to 19,000 valued at $6.48M in 2017Q3.
DVN has been the topic of several research reports. Flippin Bruce And Porter Inc reported 0.52% of its portfolio in Devon Energy Corporation (NYSE:DVN).
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