Columbia Pacific Advisors Upped Devon Energy (DVN) Stake; Evercore Partners (EVR) Has 1.18 Sentiment

June 14, 2018 - By Ellis Scott

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Evercore Partners Inc (EVR) investors sentiment increased to 1.18 in Q1 2018. It’s up 0.15, from 1.03 in 2017Q4. The ratio has increased, as 151 hedge funds started new and increased holdings, while 128 reduced and sold stock positions in Evercore Partners Inc. The hedge funds in our database now hold: 36.89 million shares, up from 36.53 million shares in 2017Q4. Also, the number of hedge funds holding Evercore Partners Inc in top ten holdings decreased from 3 to 2 for a decrease of 1. Sold All: 25 Reduced: 103 Increased: 97 New Position: 54.

Columbia Pacific Advisors Llc increased Devon Energy Corporation (DVN) stake by 104.15% reported in 2018Q1 SEC filing. Columbia Pacific Advisors Llc acquired 28,128 shares as Devon Energy Corporation (DVN)’s stock rose 28.38%. The Columbia Pacific Advisors Llc holds 55,135 shares with $1.75 million value, up from 27,007 last quarter. Devon Energy Corporation now has $21.83 billion valuation. The stock decreased 1.88% or $0.8 during the last trading session, reaching $41.71. About 5.51 million shares traded. Devon Energy Corporation (NYSE:DVN) has risen 13.57% since June 14, 2017 and is uptrending. It has outperformed by 1.00% the S&P500. Some Historical DVN News: ; 02/05/2018 – DEVON ENDS EARNINGS CONFERENCE CALL; 12/03/2018 – Moody’s Public Sector Europe Assigns A2 Rating With Stable Outlook To Liverty Limited; Withdraws Rating On Devon And Cornwall; 02/05/2018 – Franklin Templeton – Global Adds UPS, Exits Devon; 07/03/2018 – Devon Energy Sells Southern Portion of Barnett Shale Position for $553M; 27/03/2018 – DEVON ENERGY CORP DVN.N : BERNSTEIN RAISES TARGET PRICE TO $40 FROM $35; 07/03/2018 – DEVON ENERGY CORP – NEW QUARTERLY DIVIDEND RATE WILL BE $0.08 PER SHARE; 01/05/2018 – Devon Energy: Repurchased 6.2M Shrs for $204M; 01/05/2018 – Devon Energy: On Pace to Reduce G&A, Interest Costs by $175M Annually; 16/05/2018 – Moody’s: Devon Has Reduced Debt Through Assets, Credit Profile Likely to Improve; 21/05/2018 – DEVON ENERGY CORP DVN.N : SIMMONS RAISES TARGET PRICE TO $50 FROM $45

Among 39 analysts covering Devon Energy Corporation (NYSE:DVN), 25 have Buy rating, 0 Sell and 14 Hold. Therefore 64% are positive. Devon Energy Corporation had 136 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Devon Energy Corporation (NYSE:DVN) earned “Buy” rating by Stifel Nicolaus on Monday, January 29. Citigroup initiated the stock with “Buy” rating in Tuesday, January 26 report. The company was downgraded on Wednesday, January 11 by Wells Fargo. The firm has “Overweight” rating by JP Morgan given on Wednesday, December 9. The stock of Devon Energy Corporation (NYSE:DVN) earned “Overweight” rating by Barclays Capital on Thursday, July 14. The stock of Devon Energy Corporation (NYSE:DVN) has “Buy” rating given on Thursday, July 13 by Stifel Nicolaus. The rating was maintained by Argus Research with “Buy” on Thursday, September 17. The stock of Devon Energy Corporation (NYSE:DVN) has “Buy” rating given on Sunday, August 20 by Cowen & Co. The firm earned “Buy” rating on Tuesday, January 23 by Credit Suisse. The rating was maintained by Jefferies on Monday, March 19 with “Buy”.

More important recent Devon Energy Corporation (NYSE:DVN) news were published by: Fool.com which released: “These 2 Oil Stocks Could Skyrocket in the Second Half of 2018” on June 13, 2018, also Fool.com published article titled: “Devon Energy Corp Unlocks Significant Value by Unloading Its Midstream Business”, Nasdaq.com published: “3 Oil Stocks You May Be Overlooking” on June 10, 2018. More interesting news about Devon Energy Corporation (NYSE:DVN) was released by: Fool.com and their article: “3 Top Oil Stocks to Buy in June” with publication date: June 12, 2018.

Investors sentiment increased to 0.94 in Q1 2018. Its up 0.02, from 0.92 in 2017Q4. It improved, as 70 investors sold DVN shares while 229 reduced holdings. 82 funds opened positions while 199 raised stakes. 407.74 million shares or 0.72% more from 404.83 million shares in 2017Q4 were reported. Patten Grp Inc invested in 40 shares. Grandfield Dodd Limited Liability Company stated it has 111,661 shares or 0.4% of all its holdings. Mai Cap Mngmt accumulated 14,388 shares. Texas-based Employees Retirement Sys Of Texas has invested 0.01% in Devon Energy Corporation (NYSE:DVN). 17,755 are owned by Cornercap Invest Counsel Inc. Evercore Wealth Ltd reported 0.01% of its portfolio in Devon Energy Corporation (NYSE:DVN). Roanoke Asset Mgmt Corporation Ny invested in 32,149 shares. Robeco Institutional Asset Mngmt Bv owns 56,307 shares. Element Capital Mngmt Ltd Liability Company accumulated 11,300 shares or 0.01% of the stock. Wolverine Asset Mngmt Ltd Limited Liability Company invested in 0.01% or 30,994 shares. Atlantic Group reported 3,825 shares or 0% of all its holdings. Norinchukin Comml Bank The accumulated 0.03% or 48,207 shares. First Midwest Bancorporation Tru Division holds 14,491 shares. Paradigm Asset Mngmt Limited Liability Corp holds 10,130 shares. Augustine Asset Mgmt Incorporated holds 0.12% or 6,610 shares.

Analysts await Evercore Inc. (NYSE:EVR) to report earnings on July, 26. They expect $1.49 earnings per share, up 40.57% or $0.43 from last year’s $1.06 per share. EVR’s profit will be $64.99 million for 18.62 P/E if the $1.49 EPS becomes a reality. After $2.24 actual earnings per share reported by Evercore Inc. for the previous quarter, Wall Street now forecasts -33.48% negative EPS growth.

Daruma Capital Management Llc holds 3.47% of its portfolio in Evercore Inc. for 637,813 shares. Channing Capital Management Llc owns 860,507 shares or 2.63% of their US portfolio. Moreover, Horizon Investment Services Llc has 1.98% invested in the company for 50,334 shares. The Massachusetts-based Copper Rock Capital Partners Llc has invested 1.93% in the stock. Hillcrest Asset Management Llc, a Texas-based fund reported 106,223 shares.

Ratings analysis reveals 25% of Evercore’s analysts are positive. Out of 4 Wall Street analysts rating Evercore, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. EVR was included in 4 notes of analysts from October 28, 2016. The stock of Evercore Inc. (NYSE:EVR) has “Mkt Perform” rating given on Friday, November 18 by JMP Securities. The firm has “Buy” rating given on Friday, October 28 by Nomura. The firm earned “Neutral” rating on Monday, February 13 by Instinet. The rating was initiated by Bank of America on Wednesday, December 14 with “Neutral”.

Another recent and important Evercore Inc. (NYSE:EVR) news was published by Themiddlemarket.com which published an article titled: “M&A daily wrap: Middleby, Taylor, United Technologies, Campbell Soup, IHS Markit, Ipreo, Blackstone” on May 21, 2018.

Since January 1, 0001, it had 0 insider purchases, and 12 insider sales for $59.70 million activity.

The stock increased 0.14% or $0.15 during the last trading session, reaching $110.95. About 429,886 shares traded. Evercore Inc. (EVR) has risen 56.56% since June 14, 2017 and is uptrending. It has outperformed by 43.99% the S&P500. Some Historical EVR News: ; 28/03/2018 David’s Bridal in talks to tap Evercore for debt restructuring; 17/05/2018 – ♫ Reuters Insider – U.S. Day Ahead: Farm equipment and Pepperidge Farm earnings

Devon Energy Corporation (NYSE:DVN) Institutional Positions Chart

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