Private Asset Management Has Boosted Its Devon Energy (DVN) Position; Last Week Telefónica, S.A. (TEF) Analysts

Private Asset Management Inc increased Devon Energy Corporation (DVN) stake by 59.11% reported in 2017Q3 SEC filing. Private Asset Management Inc acquired 14,875 shares as Devon Energy Corporation (DVN)’s stock declined 13.09%. The Private Asset Management Inc holds 40,040 shares with $1.47M value, up from 25,165 last quarter. Devon Energy Corporation now has $22.52B valuation. The stock decreased 0.81% or $0.35 during the last trading session, reaching $42.85. About 5.60 million shares traded or 12.37% up from the average. Devon Energy Corporation (NYSE:DVN) has risen 13.24% since January 22, 2017 and is uptrending. It has underperformed by 3.46% the S&P500.

Among 15 analysts covering Telefonica S.A. (NYSE:TEF), 5 have Buy rating, 3 Sell and 7 Hold. Therefore 33% are positive. Telefonica S.A. had 20 analyst reports since August 24, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Saturday, September 5 by TheStreet. The firm has “Hold” rating by Credit Suisse given on Friday, January 19. The firm has “Underperform” rating given on Thursday, October 20 by RBC Capital Markets. The firm has “Buy” rating by Raymond James given on Wednesday, January 17. The firm earned “Underweight” rating on Friday, May 12 by Barclays Capital. The stock of Telefónica, S.A. (NYSE:TEF) has “Buy” rating given on Thursday, May 18 by Goldman Sachs. On Wednesday, September 2 the stock rating was downgraded by Bank of America to “Underperform”. The stock of Telefónica, S.A. (NYSE:TEF) earned “Neutral” rating by BNP Paribas on Wednesday, May 31. The stock of Telefónica, S.A. (NYSE:TEF) has “Hold” rating given on Tuesday, September 5 by J.P. Morgan. The firm has “Outperform” rating by Macquarie Research given on Thursday, January 21. See Telefónica, S.A. (NYSE:TEF) latest ratings:

19/01/2018 Broker: Credit Suisse Rating: Hold Downgrade
17/01/2018 Broker: Raymond James Rating: Buy Upgrade
09/01/2018 Broker: Citigroup Rating: Buy
11/12/2017 Broker: Bernstein Old Rating: Market Perform New Rating: Underperform Downgrade
20/10/2017 Broker: Barclays Capital Rating: Hold Upgrade
27/09/2017 Broker: Berenberg Rating: Buy Upgrade
05/09/2017 Broker: J.P. Morgan Rating: Hold Downgrade

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.08, from 1.08 in 2017Q2. It worsened, as 55 investors sold DVN shares while 230 reduced holdings. 75 funds opened positions while 209 raised stakes. 396.57 million shares or 0.97% less from 400.45 million shares in 2017Q2 were reported. Glg Llc has invested 0.06% in Devon Energy Corporation (NYSE:DVN). Botty Invsts Limited Liability reported 3,000 shares. 150 were reported by West Oak Cap Ltd. Fiera Cap invested 0% in Devon Energy Corporation (NYSE:DVN). Endurance Wealth Mngmt reported 71,614 shares stake. Qs Limited Liability Co stated it has 61,923 shares or 0.02% of all its holdings. Tiedemann Wealth Limited Liability Com has 0.02% invested in Devon Energy Corporation (NYSE:DVN). Cornerstone Advisors holds 7,500 shares. The Texas-based Texas Permanent School Fund has invested 0.07% in Devon Energy Corporation (NYSE:DVN). Intrust Financial Bank Na reported 9,122 shares. Cullen Capital Limited Liability Corp has 9,875 shares. Ameritas Investment Prtn Inc owns 71,368 shares. Grandfield Dodd Ltd Liability holds 102,841 shares. Moreover, Pointstate Cap Lp has 0.36% invested in Devon Energy Corporation (NYSE:DVN). Sterneck Management Limited Liability Company holds 0.14% or 6,803 shares in its portfolio.

Among 36 analysts covering Devon Energy Corporation (NYSE:DVN), 25 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. Devon Energy Corporation has $80 highest and $26 lowest target. $47.18’s average target is 10.11% above currents $42.85 stock price. Devon Energy Corporation had 110 analyst reports since July 21, 2015 according to SRatingsIntel. The company was initiated on Wednesday, December 9 by JP Morgan. The stock of Devon Energy Corporation (NYSE:DVN) has “Buy” rating given on Thursday, September 28 by RBC Capital Markets. On Wednesday, January 11 the stock rating was downgraded by Wells Fargo to “Market Perform”. The rating was maintained by RBC Capital Markets on Thursday, July 20 with “Buy”. The stock of Devon Energy Corporation (NYSE:DVN) earned “Accumulate” rating by Johnson Rice on Thursday, May 19. BMO Capital Markets maintained it with “Buy” rating and $50 target in Thursday, March 23 report. The rating was downgraded by Bernstein on Thursday, July 6 to “Market Perform”. The rating was maintained by Cowen & Co with “Buy” on Friday, November 10. As per Thursday, April 7, the company rating was maintained by Citigroup. The stock of Devon Energy Corporation (NYSE:DVN) earned “Buy” rating by Jefferies on Tuesday, October 10.

Private Asset Management Inc decreased Pentair Plc stake by 13,000 shares to 109,439 valued at $7.44M in 2017Q3. It also reduced Xylem Inc (NYSE:XYL) stake by 5,150 shares and now owns 67,276 shares. Cisco Sys Inc (NASDAQ:CSCO) was reduced too.