Mitsubishi UFJ Trust & Banking Corp lessened its holdings in shares of Devon Energy Co. (NYSE:DVN – Free Report) by 5.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 460,032 shares of the energy company’s stock after selling 28,067 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Devon Energy were worth $21,944,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Canada Pension Plan Investment Board acquired a new position in shares of Devon Energy during the first quarter worth $26,000. Fortis Capital Advisors LLC acquired a new position in shares of Devon Energy during the fourth quarter worth $31,000. KB Financial Partners LLC acquired a new position in Devon Energy in the first quarter valued at $26,000. Coppell Advisory Solutions LLC acquired a new position in Devon Energy in the second quarter valued at $25,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in Devon Energy in the third quarter valued at $27,000. Institutional investors and hedge funds own 68.34% of the company’s stock.
Devon Energy Trading Down 1.9 %
NYSE:DVN opened at $41.59 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.96 and a quick ratio of 0.89. The firm has a 50-day moving average of $43.68 and a 200-day moving average of $46.68. The company has a market cap of $26.65 billion, a PE ratio of 7.11, a PEG ratio of 0.15 and a beta of 2.20. Devon Energy Co. has a one year low of $40.47 and a one year high of $64.40.
Analyst Ratings Changes
About Devon Energy
Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
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