Neville Rodie & Shaw Lowered Its Flowserve (FLS) Position; 27 Analysts Bullish Energen (EGN)

Energen Corporation (NYSE:EGN) Logo

Among 39 analysts covering Energen Corporation (NYSE:EGN), 27 have Buy rating, 2 Sell and 10 Hold. Therefore 69% are positive. Energen Corporation has $9900 highest and $30 lowest target. $64.42’s average target is -1.56% below currents $65.44 stock price. Energen Corporation had 134 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 11 by Barclays Capital. The firm has “Neutral” rating by Susquehanna given on Tuesday, January 26. The rating was maintained by Topeka Capital Markets on Friday, February 12 with “Buy”. Nomura initiated the stock with “Buy” rating in Thursday, December 3 report. The stock has “Buy” rating by Stephens on Tuesday, April 24. The firm has “Underweight” rating given on Friday, December 15 by JP Morgan. J.P. Morgan downgraded Energen Corporation (NYSE:EGN) rating on Thursday, July 20. J.P. Morgan has “Hold” rating and $5300 target. The rating was upgraded by Seaport Global on Friday, August 11 to “Hold”. The company was maintained on Friday, April 13 by RBC Capital Markets. Morgan Stanley upgraded the shares of EGN in report on Wednesday, January 24 to “Overweight” rating. See Energen Corporation (NYSE:EGN) latest ratings:

25/04/2018 Broker: Jefferies Rating: Buy New Target: $79.0000 Maintain
24/04/2018 Broker: Stephens Rating: Buy New Target: $92.0000 Maintain
23/04/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $98.0000 Maintain
20/04/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $73 New Target: $79 Maintain
19/04/2018 Broker: Susquehanna Rating: Buy New Target: $80.0000 Maintain
16/04/2018 Broker: SunTrust Rating: Buy New Target: $85.0000 Maintain
13/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $60.0000 Maintain
11/04/2018 Broker: BMO Capital Markets Rating: Hold New Target: $67.0000 Maintain
28/03/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $99.0000 Maintain
19/03/2018 Broker: Jefferies Rating: Buy New Target: $80.0 Maintain

Neville Rodie & Shaw Inc decreased Flowserve Corp (FLS) stake by 79.65% reported in 2017Q4 SEC filing. Neville Rodie & Shaw Inc sold 133,067 shares as Flowserve Corp (FLS)’s stock rose 1.86%. The Neville Rodie & Shaw Inc holds 34,003 shares with $1.43M value, down from 167,070 last quarter. Flowserve Corp now has $5.81B valuation. The stock decreased 1.40% or $0.63 during the last trading session, reaching $44.41. About 1.76M shares traded or 16.17% up from the average. Flowserve Corporation (NYSE:FLS) has declined 10.24% since May 1, 2017 and is downtrending. It has underperformed by 21.79% the S&P500.

The stock increased 0.46% or $0.3 during the last trading session, reaching $65.44. About 922,366 shares traded. Energen Corporation (NYSE:EGN) has risen 13.76% since May 1, 2017 and is uptrending. It has outperformed by 2.21% the S&P500.

Energen Corporation, through its subsidiary, Energen Resources Corporation, engages in the exploration, development, and production of oil, natural gas liquids, and natural gas. The company has market cap of $6.37 billion. It has activities within the Midland Basin, the Delaware Basin, and the Central Basin Platform areas of the Permian Basin in west Texas and New Mexico. It has a 20.84 P/E ratio.

Investors sentiment decreased to 0.96 in Q4 2017. Its down 0.06, from 1.02 in 2017Q3. It dropped, as 39 investors sold Energen Corporation shares while 84 reduced holdings. 43 funds opened positions while 75 raised stakes. 86.41 million shares or 3.32% less from 89.38 million shares in 2017Q3 were reported. Oregon Employees Retirement Fund, Oregon-based fund reported 35,784 shares. State Of Wisconsin Investment Board invested in 0% or 19,920 shares. Riverhead Mgmt Ltd Liability Co owns 10,049 shares. Stifel holds 0% or 7,035 shares. Comml Bank Of Montreal Can has invested 0% of its portfolio in Energen Corporation (NYSE:EGN). Community National Bank & Trust Na invested 0% of its portfolio in Energen Corporation (NYSE:EGN). Boston Ptnrs has invested 0.49% in Energen Corporation (NYSE:EGN). Ls Advsr Llc invested in 5,985 shares or 0.02% of the stock. The Virginia-based Bb&T Securities Ltd has invested 0% in Energen Corporation (NYSE:EGN). Pacad Investment owns 1,500 shares for 0.02% of their portfolio. Jane Street Gru Lc accumulated 6,317 shares. Victory Cap Management owns 3.04 million shares. Moreover, Shell Asset Mngmt Commerce has 0.01% invested in Energen Corporation (NYSE:EGN). 122,905 were accumulated by Legal General Grp Inc Public Ltd Company. Guggenheim Capital Limited Liability Com owns 12,639 shares.

Since March 9, 2018, it had 1 buying transaction, and 2 sales for $476,273 activity. Shares for $180,907 were sold by MCMANUS J T. Godsey David A sold $346,620 worth of stock. 17,500 Energen Corporation (NYSE:EGN) shares with value of $1.00M were bought by COHEN JONATHAN Z.

Investors sentiment increased to 0.98 in 2017 Q4. Its up 0.14, from 0.84 in 2017Q3. It improved, as 41 investors sold FLS shares while 104 reduced holdings. 41 funds opened positions while 101 raised stakes. 132.57 million shares or 0.27% more from 132.21 million shares in 2017Q3 were reported. Ghp Investment Advisors Incorporated invested 0.1% in Flowserve Corporation (NYSE:FLS). Golub Grp Limited Com has invested 5.39% in Flowserve Corporation (NYSE:FLS). Moreover, Harding Loevner LP has 0% invested in Flowserve Corporation (NYSE:FLS) for 530 shares. Exxonmobil Invest Mgmt Inc Tx reported 0.02% stake. Royal National Bank Of Canada has 102,973 shares. Westpac Corp holds 8,353 shares or 0.01% of its portfolio. Price Cap invested in 15,081 shares or 0.22% of the stock. Prudential Financial has invested 0.01% in Flowserve Corporation (NYSE:FLS). Cim Invest Mangement accumulated 7,438 shares. Kbc Group Inc Nv has 0.2% invested in Flowserve Corporation (NYSE:FLS). Farmers Merchants Invests has 53 shares for 0% of their portfolio. Atwood Palmer has invested 0.01% in Flowserve Corporation (NYSE:FLS). Stifel Corporation invested 0% in Flowserve Corporation (NYSE:FLS). 301,110 were accumulated by Pub Employees Retirement Sys Of Ohio. New Mexico Educational Retirement Board reported 12,600 shares.

Analysts await Flowserve Corporation (NYSE:FLS) to report earnings on May, 7. They expect $0.27 earnings per share, up 8.00% or $0.02 from last year’s $0.25 per share. FLS’s profit will be $35.32M for 41.12 P/E if the $0.27 EPS becomes a reality. After $0.50 actual earnings per share reported by Flowserve Corporation for the previous quarter, Wall Street now forecasts -46.00% negative EPS growth.

Among 24 analysts covering Flowserve Corporation (NYSE:FLS), 6 have Buy rating, 2 Sell and 16 Hold. Therefore 25% are positive. Flowserve Corporation has $65 highest and $33 lowest target. $47.11’s average target is 6.08% above currents $44.41 stock price. Flowserve Corporation had 83 analyst reports since July 28, 2015 according to SRatingsIntel. As per Tuesday, November 3, the company rating was initiated by SunTrust. Robert W. Baird downgraded Flowserve Corporation (NYSE:FLS) rating on Monday, December 12. Robert W. Baird has “Underperform” rating and $42 target. The firm has “Buy” rating given on Wednesday, July 29 by Maxim Group. The firm has “Buy” rating given on Monday, February 22 by Stifel Nicolaus. Stifel Nicolaus downgraded Flowserve Corporation (NYSE:FLS) on Monday, December 11 to “Hold” rating. The stock of Flowserve Corporation (NYSE:FLS) earned “Hold” rating by Stifel Nicolaus on Tuesday, January 16. Robert W. Baird maintained Flowserve Corporation (NYSE:FLS) rating on Wednesday, April 4. Robert W. Baird has “Hold” rating and $5000 target. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, May 2. The stock has “Outperform” rating by Cowen & Co on Wednesday, April 19. The stock has “Neutral” rating by Goldman Sachs on Monday, October 31.

Energen Corporation (NYSE:EGN) Institutional Positions Chart