Significant Movers of Yesterday: Devon Energy Corporation (DVN), DTE Energy Company (DTE)

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -3.49%, and has a solid year to date (YTD) performance of -16.3% which means that the stock is constantly adding to its value from the previous fiscal year end price.

Several other institutional investors have also bought and sold shares of DVN. Devon Energy earned a news sentiment score of 0.26 on Accern's scale. Hgk Asset Management holds 1.93% in Devon Energy Corporation (NYSE:DVN) or 369,580 shares. FNY Managed Accounts LLC acquired a new position in shares of Devon Energy during the 3rd quarter worth $134,000. The Crestwood Advisors Llc holds 1,300 shares with $48,000 value, down from 28,000 last quarter. Energ Opportunities Capital Mngmt Ltd Liability Company accumulated 33,770 shares or 0.81% of the stock.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Finally, KLR Group cut Devon Energy from a "buy" rating to a "hold" rating and set a $49.00 price target for the a research report on Tuesday, January 23rd. Devon Energy Corporation (NYSE:DVN) has risen 13.24% since February 21, 2017 and is uptrending. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock.

Basically, a price target is an individual analyst's projection on the future price of a stock. Stifel Nicolaus set a $68.00 price target on Devon Energy and gave the stock a "buy" rating in a report on Tuesday, January 30th. The company's outstanding shares are 179 Million. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company's stock. Devon Energy Corporation had 125 analyst reports since July 21, 2015 according to SRatingsIntel. Comerica Natl Bank holds 0.05% of its portfolio in Devon Energy Corporation (NYSE:DVN) for 177,231 shares.

DVN has price to earnings ratio of 11.59 and the price to current year EPS stands at 81.40%. The stock increased 0.31% or $0.1 during the last trading session, reaching $32.82.

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Devon Energy wasn't one of them!

Devon Energy (NYSE:DVN) last issued its quarterly earnings results on Tuesday, February 20th. Comparatively, Devon Energy Corporation posted earnings of $0.61 per share in the same quarter previous year.

Devon Energy Corporation (NYSE:DVN) gross margin percentage stands at 86.9% while its operating margin for the past trailing twelve month is 15.9 percent and its overall profit margin (ttm) is 12 Percent. The institutional investor held 10,000 shares of the health care company at the end of 2017Q3, valued at $367,000, down from 31,300 at the end of the previous reported quarter.

Devon Energy Corporation (NYSE:DVN) reported its EPS in the last quarter as $0.46/Share beating the analyst estimate of $0.38/Share by a difference of $0.08.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Devon Energy Corporation's dividend has Mar 15, 2018 as record date. Aqr Cap Mgmt Limited reported 0.27% of its portfolio in Devon Energy Corporation (NYSE:DVN). Devon Energy's dividend payout ratio (DPR) is presently 8.16%. The company has market cap of $17.25 billion. The returns on investment very popular metric among passive investors, it stands at -18.60%, when it lies in positive figure than security is feasible for investment or goes for higher ROI stocks. Earnings per share serves as an indicator of a company's profitability. If you are accessing this report on another publication, it was stolen and republished in violation of United States & global copyright & trademark laws.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States and Canada.

The first factor driving the underperformance was that 50 wells operated by partners in the STACK shale play didn't come online when Devon expected.

Related News:

  • Palo Alto Networks, Inc. (PANW) receives consensus rating of 1.90

    PANW received interesting focus from Active Investors and it has been trading on front line as seeing to it recent volume. The ATR may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system.
    (NYSE:GIS) Shares Sold by Parallel Advisors LLC

    (NYSE:GIS) Shares Sold by Parallel Advisors LLC

    Spectrum Management Group Inc. bought a new position in shares of General Mills during the 3rd quarter valued at about $135,000. In last 4 months performance of PTI was 3.41% while its price to sale ratio is 31.30 and price to book ratio is 1.98.
    Manmarziyaan: Check out Abhishek-Taapsee-Vicky's 1st look

    Manmarziyaan: Check out Abhishek-Taapsee-Vicky's 1st look

    While Abhishek looks damn serious in his turban- clad avatar, Taapsee and Vicky look like one of those cute couples madly in love. Anurag Kashyap is making an intense love story starring Abhishek Bachchan , Taapsee Pannu , and Vicky Kaushal in leading roles.
  • A Holocaust denier has received a Republican nomination in Trump's America

    A Holocaust denier has received a Republican nomination in Trump's America

    Jones ran unopposed in the Republican primary on Tuesday and will nearly certainly lose to Democrat Rep. The United States Holocaust Memorial Museum also published a statement regarding Jones.
    Fortnite Game Streamer Tyler 'Ninja' Blevins Claims To Make $500K Per Month

    Fortnite Game Streamer Tyler 'Ninja' Blevins Claims To Make $500K Per Month

    So, its numbers will surely surge once it reaches other iOS users and the Android version hits the Play Store. Blevins explains that he tries to be entertaining while also bringing high-level gameplay to his stream .
    Sell-Side Sees Upside & Positive Growth in Starbucks Corporation (NASDAQ:SBUX)

    Sell-Side Sees Upside & Positive Growth in Starbucks Corporation (NASDAQ:SBUX)

    The coffee company reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.01. Over the last 5 days, Starbucks Corporation's shares returned -0.66% and in the past one month the figure appeared at 3.86%.
  • Dennis Schroder becomes first Hawks player to score 40 points since 2009

    Dennis Schroder becomes first Hawks player to score 40 points since 2009

    Kent Bazemore , Atlanta's third-leading scorer, missed his fourth game with a right knee bruise. Utah opened as a 13.5-point home favorite but the line has dropped a half-point down to 13.
    Kanishk Gold defrauds 14 banks of Rs. 824.15 Crore

    Kanishk Gold defrauds 14 banks of Rs. 824.15 Crore

    The main loan is nearly of Rs 824 crore, including the interest due would show a loss of more than Rs 1,000 crore to the banks . However, the bank said that customers of the merged banks can apply for new cheque books until March 31, 2018.
    Apple Announces New Watch Bands Celebrating the Arrival of Spring

    Apple Announces New Watch Bands Celebrating the Arrival of Spring

    Woven Nylon , too, has been treated to newcomers, like Black Stripe, Blue Stripe, Gray Stripe and Pink Stripe - riveting names. The Nike Sport Loop will be available in Black/Pure Platinum, Bright Crimson/Black, Cargo Khaki, Midnight Fod, and Pearl Pink.
  • West Indies qualify for 2019 Cricket World Cup

    West Indies qualify for 2019 Cricket World Cup

    Lewis and Samuels stitched a 121-run stand for the third wicket before Bradley Wheal removed Lewis for a well made 87-ball 66. And that is exactly what the Caribbean side did by removing both of Scotland's opening batsmen inside the first four overs.
    Lindsay Lohan Pivots To Law As The Face Of

    Lindsay Lohan Pivots To Law As The Face Of

    According to People, Lohan committed to a year as the company's spokesperson and as a marketing and brand adviser. She goes on to tout the site, which matches prospective clients with attorneys.
    Investors sue Facebook following data harvesting scandal

    Investors sue Facebook following data harvesting scandal

    USA lawmakers have also called on Zuckerberg to appear before Congress , along with the chief executives of Twitter and Google. However, the firm denied all wrongdoings and insisted it followed the correct procedures in obtaining and using data.

Most liked

All-City Boys Basketball Team shows some serious talent
The defense will benefit from an extra year of experience after being a fairly green unit last season. But we get the best of our team in the spots that we want them.

Spain's prosecutor seeks 5-year sentence for Xabi Alonso over tax fraud
Spanish prosecutors released a statement on Wednesday to confirm that they are seeking a conviction against the ex-Spain global . Alonso, who retired last year, is not the first high-profile footballer to have faced problems over Spanish tax in recent years.

Putin's Russia hosting World Cup likened to Hitler's Germany hosting 1936 Olympics
He said: 'I think the comparison with 1936 is certainly right. "The reason why they picked the United Kingdom is very simple". He said it was becoming "clearer and clearer how reckless" the would-be assassins were "in their contempt for human life".

Palestinian President Calls US Ambassador "Son Of A Dog"
A spokesman for the French Embassy in Tel Aviv said: "We take this case very seriously and are in close contact with the Israeli authorities".

Russian military delivers humanitarian aid to liberated settlement in Eastern Ghouta
The officials said more casualties are feared as some areas are unreachable due to the intense attacks. Hundreds of people have been killed there in recent weeks, and tens of thousands have fled.

Standalone HTC Vive Focus Headset Will Be Released Outside China Soon
HTC today announced that the Vive Focus standalone VR headset would hit the global market later this year. It has only said that the headset will be available in global markets "later this year".

MPs hurl tear gas in Kosovo parliament to halt vote
Prime Minister Ramush Haradinaj said before the start of the session they had the votes to pass the deal. The Montenegrin parliament quickly ratified the agreement after it was reached in 2015.

Sells 1045 Shares of Merck & Co., Inc. (MRK)
P/E is a popular valuation ratio of a company's current share price compared to its per-share earnings (trailing twelve months). The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital.

Brewing hoppy beer without the hops
After a lot of testing and trials, the team decided that the genes from mint and basil spliced into with yeast worked the best. The results were extremely convincing, as shown by the "blind" taste tests that followed, according to the Athens News Agency.

Ravi Shankar Prasad says Cong has links with Cambridge Analytica, warns Facebook
Prasad alleged that the Congress party committed data theft and manipulated data to win elections. It has also been revealed that in India, Cambridge Analytica worked in Bihar elections in 2010.

Guillermo Haro Google Doodle: Facts About the Astronomer
Instead, he studied philosophy at the National Autonomous University of Mexico and then meant to undertake a degree in Law. This shining moment is part of the reason Google has dedicated its doodle on Wednesday to Haro on his 105th birthday.

Manchester United look for ways to improve Old Trafford atmosphere
If Shaw can not get back to the first team picture by May, it is unclear how he would stay at Old Trafford beyond the summer.

Glencore to acquire Rio coal assets in QLD for $1.7bn
Further, it is to redeem its 3.500% notes due March 2022 and 2.875% notes due August 2022 issued by Rio Tinto Finance (USA) PLC. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward.

Bristol-Myers Squibb (BMY) Earns "Buy" Rating from Argus
West Oak Capital Llc increased its stake in Bristol ( BMY ) by 149.45% based on its latest 2017Q3 regulatory filing with the SEC. Many market traders also use moving averages to determine profitable entry and exit points into specific securities.

Milwaukee natives featured in the lineup for Lollapalooza 2018
Tickets have been on sale since before the lineup was released and are still available on Lollapalooza's website . Once again the lineup is stacked from top to bottom and we can't wait.