Conestoga Capital Advisors Decreased By $6.53 Million Its Sps Comm (SPSC) Position; Hgk Asset Management Has Boosted By $1.19 Million Its Devon Energy Corp. (DVN) Stake

October 13, 2017 - By Kurt Siggers

Hgk Asset Management Inc increased Devon Energy Corp. (DVN) stake by 11.97% reported in 2017Q2 SEC filing. Hgk Asset Management Inc acquired 38,260 shares as Devon Energy Corp. (DVN)’s stock declined 13.09%. The Hgk Asset Management Inc holds 357,830 shares with $11.44 million value, up from 319,570 last quarter. Devon Energy Corp. now has $18.71 billion valuation. It closed at $35.61 lastly. It is down 13.24% since October 13, 2016 and is uptrending. It has underperformed by 3.46% the S&P500.

Conestoga Capital Advisors Llc decreased Sps Comm Inc (SPSC) stake by 15.3% reported in 2017Q2 SEC filing. Conestoga Capital Advisors Llc sold 103,710 shares as Sps Comm Inc (SPSC)’s stock rose 6.69%. The Conestoga Capital Advisors Llc holds 574,201 shares with $36.61M value, down from 677,911 last quarter. Sps Comm Inc now has $998.52 million valuation. It closed at $57.98 lastly. It is down 11.79% since October 13, 2016 and is uptrending. It has underperformed by 4.91% the S&P500.

Among 32 analysts covering Devon Energy Corporation (NYSE:DVN), 21 have Buy rating, 0 Sell and 11 Hold. Therefore 66% are positive. Devon Energy Corporation had 93 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, December 9 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was maintained on Friday, July 21 by Citigroup. The stock of Devon Energy Corp (NYSE:DVN) has “Overweight” rating given on Thursday, August 3 by Barclays Capital. The firm has “Buy” rating by Evercore given on Friday, April 15. The firm has “Overweight” rating by Barclays Capital given on Monday, January 11. The stock of Devon Energy Corp (NYSE:DVN) earned “Sector Perform” rating by Peters & Co on Thursday, August 6. The rating was maintained by Barclays Capital on Friday, February 19 with “Overweight”. The firm has “Hold” rating given on Tuesday, January 17 by Jefferies. The firm has “Neutral” rating given on Thursday, January 19 by UBS. As per Tuesday, March 29, the company rating was maintained by Deutsche Bank.

Hgk Asset Management Inc decreased Hartford Financial (NYSE:HIG) stake by 18,870 shares to 297,239 valued at $15.63M in 2017Q2. It also reduced Goldman Sachs Group (NYSE:GS) stake by 3,745 shares and now owns 58,456 shares. General Dynamics Co (NYSE:GD) was reduced too.

Investors sentiment increased to 1.08 in 2017 Q2. Its up 0.06, from 1.02 in 2017Q1. It is positive, as 84 investors sold DVN shares while 210 reduced holdings. 74 funds opened positions while 243 raised stakes. 400.45 million shares or 0.08% more from 400.14 million shares in 2017Q1 were reported. Freestone Cap Llc has 7,822 shares for 0.02% of their portfolio. Moreover, Tudor Et Al has 0.02% invested in Devon Energy Corp (NYSE:DVN) for 23,580 shares. Sun Life Fincl stated it has 0.01% of its portfolio in Devon Energy Corp (NYSE:DVN). Victory Cap Mngmt stated it has 4.58 million shares. Cubist Systematic Strategies Lc owns 82,527 shares. Ls Inv Advsrs Ltd Liability reported 17,646 shares. Independent Consultants Inc has 225 shares for 0% of their portfolio. Shell Asset Company holds 0.02% or 27,920 shares in its portfolio. Guinness Atkinson Asset Mngmt holds 33,600 shares or 0.7% of its portfolio. Moreover, Paragon Mngmt Limited Liability Corporation has 1.62% invested in Devon Energy Corp (NYSE:DVN) for 157,917 shares. Cornerstone holds 0.01% of its portfolio in Devon Energy Corp (NYSE:DVN) for 483 shares. Financial Bank Of Ny Mellon Corp holds 0.05% or 5.81M shares. Two Sigma Secs Limited Liability Com reported 0.25% stake. Deltec Asset Management Ltd Com, a New York-based fund reported 8,750 shares. Valley Advisers holds 0% or 180 shares in its portfolio.

Among 11 analysts covering SPS Commerce (NASDAQ:SPSC), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. SPS Commerce had 23 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Sector Weight” rating by Pacific Crest given on Wednesday, February 8. The company was maintained on Thursday, July 27 by Stifel Nicolaus. The rating was maintained by Needham with “Buy” on Thursday, July 23. Needham maintained SPS Commerce, Inc. (NASDAQ:SPSC) on Monday, September 26 with “Buy” rating. The firm has “Buy” rating by Oppenheimer given on Tuesday, August 8. The stock has “Market Perform” rating by William Blair on Wednesday, February 8. The stock of SPS Commerce, Inc. (NASDAQ:SPSC) earned “Buy” rating by Benchmark on Tuesday, December 6. Pacific Crest initiated SPS Commerce, Inc. (NASDAQ:SPSC) on Friday, September 30 with “Overweight” rating. The firm has “Hold” rating by Canaccord Genuity given on Monday, July 24. Northland Capital maintained the shares of SPSC in report on Thursday, July 27 with “Buy” rating.

Analysts await SPS Commerce, Inc. (NASDAQ:SPSC) to report earnings on October, 26. They expect $0.05 EPS, down 73.68% or $0.14 from last year’s $0.19 per share. SPSC’s profit will be $861,090 for 289.90 P/E if the $0.05 EPS becomes a reality. After $0.15 actual EPS reported by SPS Commerce, Inc. for the previous quarter, Wall Street now forecasts -66.67% negative EPS growth.

Since June 1, 2017, it had 0 insider purchases, and 1 sale for $45,119 activity. Smerklo Michael A also sold $45,119 worth of SPS Commerce, Inc. (NASDAQ:SPSC) shares.

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.41, from 1.29 in 2017Q1. It is negative, as 16 investors sold SPSC shares while 49 reduced holdings. 18 funds opened positions while 39 raised stakes. 16.82 million shares or 0.15% less from 16.85 million shares in 2017Q1 were reported. Ubs Asset Mngmt Americas Incorporated reported 3,522 shares. 1.52M are held by Hound Partners. Arizona State Retirement Sys, Arizona-based fund reported 9,000 shares. Moreover, Royal Natl Bank Of Canada has 0.02% invested in SPS Commerce, Inc. (NASDAQ:SPSC) for 492,704 shares. The Maryland-based Df Dent & Inc has invested 0.01% in SPS Commerce, Inc. (NASDAQ:SPSC). Ironwood Inv, Massachusetts-based fund reported 8,036 shares. Victory Cap accumulated 0% or 2,358 shares. Thompson Siegel And Walmsley Limited Company holds 350 shares or 0% of its portfolio. Waddell & Reed Fin invested in 0.02% or 119,584 shares. Arrowmark Colorado, a Colorado-based fund reported 429,390 shares. Herald Invest Management Ltd stated it has 1.09% in SPS Commerce, Inc. (NASDAQ:SPSC). Bb&T holds 0% or 3,565 shares in its portfolio. Prudential Fincl Inc accumulated 29,299 shares or 0% of the stock. Dupont Capital reported 7,041 shares. Oppenheimer Asset Mgmt invested in 5,697 shares or 0.01% of the stock.

Conestoga Capital Advisors Llc increased Fox Factory Hldg Corp (NASDAQ:FOXF) stake by 93,655 shares to 1.58M valued at $56.16M in 2017Q2. It also upped Nve Corp (NASDAQ:NVEC) stake by 8,200 shares and now owns 246,577 shares. Siteone Landscape Supply Inc was raised too.

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By1 Kurt Siggers




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