Private Asset Management Has Raised Its Devon Energy (DVN) Stake; Factset Research Systems (FDS) Has 1.08 Sentiment

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 $18.11B valuation. The stock decreased 1.35% or $0.47 during the last trading session, reaching $34.47. About 1.47 million shares traded. Devon Energy Corporation (NYSE:DVN) has risen 13.24% since February 9, 2017 and is uptrending. It has underperformed by 3.46% the S&P500.

FactSet Research Systems Inc. provides integrated financial information and data analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The company has market cap of $7.41 billion. The companyÂ’s applications suite offers tools and resources, including firm and industry analyses; full screening tools; portfolio analysis; risk profiles; alpha-testing; portfolio optimization; and research management solutions. It has a 28.69 P/E ratio. FactSet Research Systems Inc. delivers insight and information to investment professionals through its analytics, services, contents, and technologies.

Among 38 analysts covering Devon Energy Corporation (NYSE:DVN), 24 have Buy rating, 0 Sell and 14 Hold. Therefore 63% are positive. Devon Energy Corporation has $80 highest and $26 lowest target. $48.23’s average target is 39.92% above currents $34.47 stock price. Devon Energy Corporation had 117 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Capital One given on Wednesday, January 10. The company was maintained on Thursday, October 5 by Stifel Nicolaus. The firm has “Buy” rating by Citigroup given on Tuesday, January 26. On Thursday, February 18 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of Devon Energy Corporation (NYSE:DVN) has “Buy” rating given on Monday, July 18 by Citigroup. The stock has “Buy” rating by BMO Capital Markets on Wednesday, June 21. Susquehanna maintained it with “Buy” rating and $53.0 target in Wednesday, January 17 report. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, October 10. The stock of Devon Energy Corporation (NYSE:DVN) has “Buy” rating given on Tuesday, August 23 by Argus Research. The rating was downgraded by UBS on Wednesday, October 28 to “Sell”.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.08, from 1.08 in 2017Q2. It is negative, 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. Sandy Spring National Bank & Trust stated it has 6,165 shares. Group One Trading Limited Partnership holds 0.04% or 116,651 shares. Poplar Forest Capital Limited Com has 825,912 shares for 2.63% of their portfolio. Raymond James And Associate holds 0.02% of its portfolio in Devon Energy Corporation (NYSE:DVN) for 277,550 shares. Thompson Rubinstein Mgmt Or stated it has 32,475 shares or 0.42% of all its holdings. Essex Mgmt Ltd Llc holds 37,520 shares or 0.19% of its portfolio. Parallax Volatility Advisers Lp reported 5,075 shares. Cypress Asset Mngmt Tx holds 10,410 shares. Hbk Ltd Partnership accumulated 0.09% or 299,956 shares. Nomura Asset Management Com Ltd invested in 0.03% or 67,124 shares. Moreover, Scoria Cap Lp has 0.62% invested in Devon Energy Corporation (NYSE:DVN) for 15,000 shares. Ledyard Comml Bank owns 0.01% invested in Devon Energy Corporation (NYSE:DVN) for 2,434 shares. Systematic Fin LP holds 0.08% or 108,665 shares. One Natl Association owns 0.03% invested in Devon Energy Corporation (NYSE:DVN) for 11,254 shares. Virginia Retirement Et Al has invested 0.11% in Devon Energy Corporation (NYSE:DVN).

Private Asset Management Inc decreased General Elec Co (NYSE:GE) stake by 60,260 shares to 707,006 valued at $17.10 million in 2017Q3. It also reduced Bp Plc (NYSE:BP) stake by 19,771 shares and now owns 160,998 shares. Bank Of America Corp (NYSE:BAC) was reduced too.

Ratings analysis reveals 0 of FactSet’s analysts are positive. Out of 2 Wall Street analysts rating FactSet, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $164.0 while the high is $180.0. The stock’s average target of $172 is -9.43% below today’s ($189.91) share price. FDS was included in 2 notes of analysts from August 26, 2016. On Tuesday, January 10 the stock rating was downgraded by Barclays Capital to “Underweight”. The firm has “Neutral” rating given on Friday, August 26 by Macquarie Research.

The stock increased 1.02% or $1.92 during the last trading session, reaching $189.91. About 33,542 shares traded. FactSet Research Systems Inc. (FDS) has risen 5.61% since February 9, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.