$0.58 EPS Expected for Devon Energy (DVN); Brandywine Global Investment Management Has Upped By $1.16 Million Its Northrop Grumman (NOC) Holding

January 14, 2018 - By whatsonthorold

Analysts expect Devon Energy Corporation (NYSE:DVN) to report $0.58 EPS on February, 13.They anticipate $0.33 EPS change or 132.00% from last quarter’s $0.25 EPS. DVN’s profit would be $304.79M giving it 18.98 P/E if the $0.58 EPS is correct. After having $0.46 EPS previously, Devon Energy Corporation’s analysts see 26.09% EPS growth. The stock increased 2.25% or $0.97 during the last trading session, reaching $44.04. About 7.67M shares traded or 57.47% up from the average. Devon Energy Corporation (NYSE:DVN) has risen 13.24% since January 14, 2017 and is uptrending. It has underperformed by 3.46% the S&P500.

Brandywine Global Investment Management Llc increased Northrop Grumman Corp (NOC) stake by 6.46% reported in 2017Q3 SEC filing. Brandywine Global Investment Management Llc acquired 4,059 shares as Northrop Grumman Corp (NOC)’s stock rose 2.59%. The Brandywine Global Investment Management Llc holds 66,934 shares with $19.26 million value, up from 62,875 last quarter. Northrop Grumman Corp now has $54.86 billion valuation. The stock increased 1.81% or $5.6 during the last trading session, reaching $315.15. About 706,139 shares traded. Northrop Grumman Corporation (NYSE:NOC) has risen 18.39% since January 14, 2017 and is uptrending. It has outperformed by 1.69% the S&P500.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.08, from 1.08 in 2017Q2. It is negative, as 55 investors sold Devon Energy Corporation 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. Dekabank Deutsche Girozentrale has invested 0.02% in Devon Energy Corporation (NYSE:DVN). 76,008 are owned by Shell Asset Mgmt Co. Cls Investments Ltd Limited Liability Company holds 0% or 682 shares. Botty Invsts Limited accumulated 3,000 shares. Quantitative Systematic Strategies Ltd Llc accumulated 0.17% or 17,924 shares. Stack Mngmt stated it has 1.11% of its portfolio in Devon Energy Corporation (NYSE:DVN). City Hldg stated it has 500 shares. Gateway Invest Advisers Ltd Co invested in 33,961 shares. Salem Invest Counselors Incorporated has invested 0.27% of its portfolio in Devon Energy Corporation (NYSE:DVN). Piedmont Lc holds 0.01% or 14,855 shares in its portfolio. Arizona State Retirement reported 0.06% in Devon Energy Corporation (NYSE:DVN). Us Savings Bank De holds 48,647 shares or 0.01% of its portfolio. Next Fincl has 709 shares. Fiera Cap Corporation owns 7,026 shares. Neuberger Berman Grp Ltd Limited Liability Company has invested 0.08% in Devon Energy Corporation (NYSE:DVN).

Among 35 analysts covering Devon Energy Corporation (NYSE:DVN), 24 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. Devon Energy Corporation had 108 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Thursday, February 16 by Societe Generale. The rating was upgraded by Bernstein to “Outperform” on Thursday, October 1. The firm has “Buy” rating given on Tuesday, November 28 by Citigroup. The stock of Devon Energy Corporation (NYSE:DVN) has “Overweight” rating given on Thursday, July 14 by Barclays Capital. The stock of Devon Energy Corporation (NYSE:DVN) earned “Buy” rating by Seaport Global on Friday, December 9. The stock has “Sector Outperform” rating by Howard Weil on Friday, August 14. The firm earned “Buy” rating on Sunday, August 20 by Cowen & Co. Peters & Co downgraded Devon Energy Corporation (NYSE:DVN) on Thursday, August 6 to “Sector Perform” rating. The firm has “Buy” rating by Stifel Nicolaus given on Friday, August 25. The firm has “Buy” rating given on Friday, November 10 by Cowen & Co.

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 company has market cap of $23.14 billion. It operates approximately 15,200 gross wells. It has a 14.98 P/E ratio. The firm also offers gathering, transmission, processing, storage, fractionation, and marketing to upstream oil and natural gas producers; and owns natural gas pipelines, plants and treatment facilities.

Among 17 analysts covering Northrop Grumman (NYSE:NOC), 10 have Buy rating, 0 Sell and 7 Hold. Therefore 59% are positive. Northrop Grumman had 51 analyst reports since July 30, 2015 according to SRatingsIntel. As per Thursday, October 6, the company rating was initiated by Robert W. Baird. The firm earned “Hold” rating on Monday, January 8 by Stifel Nicolaus. Argus Research maintained Northrop Grumman Corporation (NYSE:NOC) rating on Friday, August 4. Argus Research has “Buy” rating and $295 target. Citigroup downgraded Northrop Grumman Corporation (NYSE:NOC) on Wednesday, March 1 to “Neutral” rating. The firm earned “Buy” rating on Thursday, August 6 by Argus Research. Cowen & Co maintained Northrop Grumman Corporation (NYSE:NOC) rating on Wednesday, August 23. Cowen & Co has “Hold” rating and $275.0 target. RBC Capital Markets maintained Northrop Grumman Corporation (NYSE:NOC) on Friday, July 7 with “Buy” rating. The rating was maintained by Barclays Capital on Tuesday, February 16 with “Equal-Weight”. Jefferies maintained it with “Hold” rating and $269.0 target in Monday, August 28 report. The rating was maintained by Bank of America with “Buy” on Friday, October 27.

Brandywine Global Investment Management Llc decreased Crown Holdings Inc (NYSE:CCK) stake by 62,226 shares to 1.56 million valued at $93.17M in 2017Q3. It also reduced Wesbanco Inc (NASDAQ:WSBC) stake by 11,828 shares and now owns 122,120 shares. Heartland Finl Usa Inc (NASDAQ:HTLF) was reduced too.

Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.12, from 0.94 in 2017Q2. It improved, as 42 investors sold NOC shares while 273 reduced holdings. 92 funds opened positions while 242 raised stakes. 137.63 million shares or 0.84% less from 138.80 million shares in 2017Q2 were reported. Oppenheimer Communications Inc owns 30,518 shares for 0.24% of their portfolio. New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.1% in Northrop Grumman Corporation (NYSE:NOC). Nomura Hldg Incorporated reported 0.05% in Northrop Grumman Corporation (NYSE:NOC). Cetera Advsrs Limited Liability Corp stated it has 0.03% in Northrop Grumman Corporation (NYSE:NOC). Rmb Capital Mngmt Ltd Llc stated it has 714 shares. Vanguard Gru owns 13.09M shares for 0.18% of their portfolio. Cypress Asset Mgmt Tx invested in 0.1% or 1,650 shares. Horrell Mngmt Inc accumulated 27 shares or 0% of the stock. Highstreet Asset Mgmt owns 1,499 shares or 0.04% of their US portfolio. First National owns 1,748 shares. Moreover, Webster Bank & Trust N A has 0.05% invested in Northrop Grumman Corporation (NYSE:NOC) for 1,234 shares. Roosevelt Invest Grp stated it has 2.03% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Massachusetts-based Modera Wealth Mgmt Ltd Liability Corporation has invested 0.11% in Northrop Grumman Corporation (NYSE:NOC). Brave Asset Management reported 4,650 shares stake. State Teachers Retirement System reported 278,754 shares stake.

Since August 1, 2017, it had 0 insider buys, and 4 insider sales for $4.75 million activity. Shares for $1.88M were sold by ASHWORTH SID. Another trade for 1,250 shares valued at $329,063 was sold by Jones Christopher T. DAVIS LISA R sold $96,613 worth of Northrop Grumman Corporation (NYSE:NOC) on Tuesday, August 1. $2.45 million worth of Northrop Grumman Corporation (NYSE:NOC) was sold by Warden Kathy J on Tuesday, August 1.

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