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Neuberger Berman Group Upped Its Lindsay (LNN) Holding; Price Michael F Has Decreased Position in Devon Energy Corp. New (DVN) by $390,000

Devon Energy Corporation (NYSE:DVN) Logo

Neuberger Berman Group Llc increased its stake in Lindsay Corp (LNN) by 3.88% based on its latest 2018Q3 regulatory filing with the SEC. Neuberger Berman Group Llc bought 27,100 shares as the company’s stock rose 5.18% while stock markets declined. The institutional investor held 725,525 shares of the industrial machinery and components company at the end of 2018Q3, valued at $72.73M, up from 698,425 at the end of the previous reported quarter. Neuberger Berman Group Llc who had been investing in Lindsay Corp for a number of months, seems to be bullish on the $1.06B market cap company. The stock decreased 0.44% or $2.73 during the last trading session, reaching $98.09. About 127,387 shares traded or 27.57% up from the average. Lindsay Corporation (NYSE:LNN) has risen 4.00% since December 14, 2017 and is uptrending. It has outperformed by 4.00% the S&P500. Some Historical LNN News: 29/03/2018 – LINDSAY 2Q IRRIGATION REV. $111.9M; 29/03/2018 – Lindsay 2Q Rev $130.3M; 16/03/2018 – DEEP ECO: Lindsay May Benefit, Industry Posts 5th Straight Gain; 29/03/2018 – LINDSAY 2Q ADJ. EPS 56C, EST. 67C (2 ESTS.); 21/04/2018 – DJ Lindsay Corporation, Inst Holders, 1Q 2018 (LNN); 04/05/2018 – Lindsay Corporation Announces Quarterly Cash Dividend; 29/03/2018 – LINDSAY 2Q OPER REV. $130.3M, EST. $131.8M; 23/05/2018 – Lindsay’s FieldNET Advisor™ Adds New Crops, Regions and Productivity Features; 09/04/2018 – Gabelli & Company’s 12th Annual Omaha Research Trip; 06/03/2018 Lindsay Event Puts Focus on Precision Irrigation and Smart Farming Practices

Price Michael F decreased its stake in Devon Energy Corp. New (DVN) by 22.73% based on its latest 2018Q3 regulatory filing with the SEC. Price Michael F sold 10,000 shares as the company’s stock declined 35.15% with the market. The hedge fund held 34,000 shares of the oil & gas production company at the end of 2018Q3, valued at $1.36M, down from 44,000 at the end of the previous reported quarter. Price Michael F who had been investing in Devon Energy Corp. New for a number of months, seems to be less bullish one the $12.58 billion market cap company. The stock decreased 1.21% or $0.88 during the last trading session, reaching $26.87. About 7.98M shares traded or 3.52% up from the average. Devon Energy Corporation (NYSE:DVN) has declined 29.29% since December 14, 2017 and is downtrending. It has underperformed by 29.29% the S&P500. Some Historical DVN News: 21/03/2018 – DEVON ENERGY BOOSTS NOTES TENDER OFFERS FROM $1B; 07/05/2018 – DEVON ENERGY CORP DVN.N : KLR GROUP RAISES TARGET PRICE BY $4 TO $53; 12/04/2018 – Devon Closes Below 50-Day Moving Average: Technicals; 15/05/2018 – Devon at Citi Global Energy & Utilities Conference Tomorrow; 16/05/2018 – DEVON ENERGY & ENLINK OUTLOOK STABLE BY MOODY’S; 10/04/2018 – Devon Slashes 300 Jobs After Lifting Dividends, Share Buybacks; 26/03/2018 – DEVON ENERGY CORP DVN.N CEO SAYS NO PLANS TO ADJUST CAPITAL BUDGET GIVEN RECENT RISE IN OIL PRICES CLc1; 07/03/2018 – Devon Joins Shareholder Sweetener Spree With Buybacks, Gas Sale; 03/05/2018 – Devon at Citi Global Energy and Utilities Conference May 16; 10/04/2018 – DEVON ENERGY CORP LAYING OFF 300 WORKERS, ROUGHLY 9 PERCENT OF STAFF -LOCAL MEDIA

Analysts await Devon Energy Corporation (NYSE:DVN) to report earnings on February, 19. They expect $0.42 earnings per share, up 10.53% or $0.04 from last year’s $0.38 per share. DVN’s profit will be $196.65 million for 15.99 P/E if the $0.42 EPS becomes a reality. After $0.63 actual earnings per share reported by Devon Energy Corporation for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

Price Michael F, which manages about $801.69 million US Long portfolio, upped its stake in Crimson Wine Group Ltd. (CWGL) by 56,650 shares to 1.03M shares, valued at $9.18 million in 2018Q3, according to the filing. It also increased its holding in S&W Seed Company (NASDAQ:SANW) by 1.61 million shares in the quarter, for a total of 8.71M shares, and has risen its stake in Investors Bancorp Inc. (NASDAQ:ISBC).

Investors sentiment decreased to 0.73 in 2018 Q3. Its down 0.10, from 0.83 in 2018Q2. It worsened, as 51 investors sold DVN shares while 256 reduced holdings. 71 funds opened positions while 154 raised stakes. 360.10 million shares or 9.61% less from 398.41 million shares in 2018Q2 were reported. Public Sector Pension Inv Board has invested 0.04% in Devon Energy Corporation (NYSE:DVN). Perigon Wealth Mgmt Ltd Com holds 0.09% or 9,630 shares. Caisse De Depot Et Placement Du Quebec stated it has 40,751 shares. Pennsylvania-based Brandywine Invest Management Limited Company has invested 0.87% in Devon Energy Corporation (NYSE:DVN). Cubist Systematic Strategies Lc has invested 0.26% in Devon Energy Corporation (NYSE:DVN). Ls Advisors Ltd Liability Corp owns 16,267 shares. Moreover, Wheatland Advsr Inc has 0.34% invested in Devon Energy Corporation (NYSE:DVN) for 11,400 shares. Tci Wealth reported 0% stake. Benchmark Capital Advsrs stated it has 38,803 shares or 1.17% of all its holdings. Texas Permanent School Fund invested 0.06% of its portfolio in Devon Energy Corporation (NYSE:DVN). Poplar Forest Cap Limited Liability Corp reported 862,638 shares. Dnb Asset Management As, Norway-based fund reported 69,550 shares. Conning Inc accumulated 10,168 shares. Mutual Of America Cap Mgmt Lc holds 88,607 shares or 0.05% of its portfolio. Fernwood Inv Mngmt Lc reported 6,800 shares stake.

Among 40 analysts covering Devon Energy Corporation (NYSE:DVN), 24 have Buy rating, 0 Sell and 16 Hold. Therefore 60% are positive. Devon Energy Corporation had 153 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Wunderlich on Wednesday, April 27. The rating was maintained by Susquehanna on Tuesday, January 26 with “Positive”. The firm has “Buy” rating by Citigroup given on Monday, July 18. The firm has “Neutral” rating given on Monday, September 18 by PiperJaffray. The stock of Devon Energy Corporation (NYSE:DVN) has “Outperform” rating given on Thursday, February 18 by Credit Suisse. JP Morgan maintained Devon Energy Corporation (NYSE:DVN) rating on Wednesday, May 4. JP Morgan has “Overweight” rating and $38 target. The rating was upgraded by UBS to “Buy” on Monday, August 6. Citigroup maintained it with “Buy” rating and $32 target in Thursday, April 7 report. The stock of Devon Energy Corporation (NYSE:DVN) earned “Hold” rating by KLR Group on Tuesday, January 23. The company was downgraded on Wednesday, January 13 by Seaport Global.

More notable recent Devon Energy Corporation (NYSE:DVN) news were published by: Fool.com which released: “Oil Prices: It Took Bears Just 12 Days to Maul 12 Months of Bull Market Gains – Motley Fool” on November 14, 2018, also 247Wallst.com with their article: “4 Buy-Rated Stocks That Are Cheaper Now Than in March 2009 – 24/7 Wall St.” published on November 16, 2018, 247Wallst.com published: “Altria, General Electric Slip into Monday’s 52-Week Low Club – 24/7 Wall St.” on November 26, 2018. More interesting news about Devon Energy Corporation (NYSE:DVN) were released by: Seekingalpha.com and their article: “Hartstreet: Lea County King Concho Dethrones EOG – Seeking Alpha” published on December 12, 2018 as well as Seekingalpha.com‘s news article titled: “Chesapeake Energy +3% as oil rally outweighs J.P. Morgan downgrade – Seeking Alpha” with publication date: December 07, 2018.

Among 7 analysts covering Lindsay (NYSE:LNN), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Lindsay had 25 analyst reports since August 31, 2015 according to SRatingsIntel. Piper Jaffray upgraded the shares of LNN in report on Monday, November 28 to “Neutral” rating. Stifel Nicolaus maintained the stock with “Sell” rating in Friday, October 14 report. Stifel Nicolaus maintained the shares of LNN in report on Sunday, April 1 with “Hold” rating. The firm has “Hold” rating by Piper Jaffray given on Friday, August 4. The stock of Lindsay Corporation (NYSE:LNN) has “Buy” rating given on Thursday, March 29 by Boenning & Scattergood. The firm has “Sell” rating given on Monday, September 14 by Monness Crespi & Hardt. The firm has “Hold” rating by Piper Jaffray given on Thursday, October 12. The company was maintained on Thursday, August 17 by Stifel Nicolaus. The firm has “Hold” rating by Piper Jaffray given on Friday, September 8. The stock of Lindsay Corporation (NYSE:LNN) earned “Hold” rating by Seaport Global on Monday, April 2.

Investors sentiment decreased to 1.19 in 2018 Q3. Its down 0.60, from 1.79 in 2018Q2. It turned negative, as 14 investors sold LNN shares while 40 reduced holdings. 15 funds opened positions while 49 raised stakes. 9.48 million shares or 3.09% less from 9.79 million shares in 2018Q2 were reported. National Bank Of New York Mellon Corporation holds 364,581 shares. Northern Trust Corporation holds 0% of its portfolio in Lindsay Corporation (NYSE:LNN) for 146,811 shares. Advisory Networks Limited Liability Co stated it has 0% of its portfolio in Lindsay Corporation (NYSE:LNN). Renaissance Technologies Ltd has invested 0.05% in Lindsay Corporation (NYSE:LNN). Moreover, State Of Alaska Department Of Revenue has 0.01% invested in Lindsay Corporation (NYSE:LNN). Price T Rowe Assocs Md holds 0% of its portfolio in Lindsay Corporation (NYSE:LNN) for 5,427 shares. Credit Suisse Ag owns 5,499 shares for 0% of their portfolio. Caprock Gru reported 0.06% in Lindsay Corporation (NYSE:LNN). State Board Of Administration Of Florida Retirement invested in 0% or 3,380 shares. Metropolitan Life Insurance Company New York owns 0% invested in Lindsay Corporation (NYSE:LNN) for 721 shares. Robecosam Ag holds 0.05% or 13,381 shares in its portfolio. Kwmg Limited Liability Corp invested 0.01% in Lindsay Corporation (NYSE:LNN). Teton Advsr invested in 15,164 shares or 0.13% of the stock. Ubs Asset Mgmt Americas, Illinois-based fund reported 3,261 shares. Comml Bank Of Montreal Can holds 0% in Lindsay Corporation (NYSE:LNN) or 361 shares.

Lindsay Corporation (NYSE:LNN) Institutional Positions Chart

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