Atlantic American (AAME) At $3.10 Forms Bottom; Devon Energy (DVN) Covered By 25 Bulls

Devon Energy Corporation (NYSE:DVN) Logo

Atlantic American Corporation (AAME) formed multiple bottom with $2.91 target or 6.00% below today’s $3.10 share price. Atlantic American Corporation (AAME) has $63.24M valuation. It closed at $3.1 lastly. It is down 16.33% since April 22, 2017 and is downtrending. It has underperformed by 27.88% the S&P500.

Among 38 analysts covering Devon Energy Corporation (NYSE:DVN), 25 have Buy rating, 0 Sell and 13 Hold. Therefore 66% are positive. Devon Energy Corporation had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Guggenheim on Thursday, November 12 to “Buy”. The firm has “Positive” rating given on Tuesday, January 26 by Susquehanna. The firm has “Hold” rating given on Thursday, February 22 by Bernstein. The stock has “Buy” rating by Cowen & Co on Tuesday, July 18. Cowen & Co maintained the shares of DVN in report on Friday, November 10 with “Buy” rating. As per Wednesday, November 22, the company rating was maintained by Piper Jaffray. The stock of Devon Energy Corporation (NYSE:DVN) has “Outperform” rating given on Thursday, February 18 by Credit Suisse. The firm has “Buy” rating given on Friday, August 25 by Stifel Nicolaus. On Thursday, February 16 the stock rating was upgraded by Societe Generale to “Buy”. The rating was maintained by BMO Capital Markets with “Buy” on Thursday, January 11. See Devon Energy Corporation (NYSE:DVN) latest ratings:

19/04/2018 Broker: Susquehanna Rating: Buy New Target: $49.0000 Maintain
18/04/2018 Broker: Piper Jaffray Rating: Hold New Target: $45.0000 Maintain
13/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $44.0000 Maintain
12/04/2018 Broker: Scotia Capital Rating: Buy New Target: $50.0000 Downgrade
19/03/2018 Broker: Jefferies Rating: Buy New Target: $41.0 Maintain
14/03/2018 Broker: Piper Jaffray Rating: Hold New Target: $44.0 Maintain
14/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $47 New Target: $42 Maintain
09/03/2018 Broker: FBR Capital Rating: Hold New Target: $37.0 Maintain
07/03/2018 Broker: UBS Rating: Neutral New Target: $35 Initiates Coverage On
01/03/2018 Broker: Jefferies Rating: Buy New Target: $43.0 Maintain

The stock decreased 0.81% or $0.29 during the last trading session, reaching $35.4. About 8.33M shares traded. Devon Energy Corporation (NYSE:DVN) has declined 18.44% since April 22, 2017 and is downtrending. It has underperformed by 29.99% the S&P500.

Investors sentiment decreased to 0.92 in Q4 2017. Its down 0.08, from 1 in 2017Q3. It worsened, as 51 investors sold Devon Energy Corporation shares while 257 reduced holdings. 94 funds opened positions while 188 raised stakes. 404.83 million shares or 2.08% more from 396.57 million shares in 2017Q3 were reported. Susquehanna Interest Gru Limited Liability Partnership has invested 0% in Devon Energy Corporation (NYSE:DVN). Meiji Yasuda Asset Mngmt Comm Limited reported 0.07% of its portfolio in Devon Energy Corporation (NYSE:DVN). Michigan-based Plante Moran Ltd Llc has invested 0.01% in Devon Energy Corporation (NYSE:DVN). 358,764 were accumulated by Hgk Asset Mgmt. Bank Of Nova Scotia accumulated 0.14% or 739,443 shares. The Arizona-based Papp L Roy has invested 0.05% in Devon Energy Corporation (NYSE:DVN). Shelton Cap Management owns 0.04% invested in Devon Energy Corporation (NYSE:DVN) for 13,419 shares. Lourd Ltd Limited Liability Company owns 10,033 shares. Cornerstone Management Limited Liability accumulated 291,473 shares or 0.08% of the stock. Manufacturers Life Ins The owns 1.33M shares for 0.06% of their portfolio. Elm Ridge Management Ltd Company owns 290,806 shares or 5.39% of their US portfolio. Massachusetts-based Boston Ltd Limited Liability Company has invested 0.42% in Devon Energy Corporation (NYSE:DVN). Smithfield Trust owns 810 shares for 0% of their portfolio. Ameriprise Fin Incorporated has invested 0.05% in Devon Energy Corporation (NYSE:DVN). Mai Capital Mgmt owns 16,139 shares.

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 $18.62 billion. It operates approximately 15,200 gross wells. It has a 20.82 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.

Devon Energy Corporation (NYSE:DVN) Institutional Positions Chart