Joel Isaacson & Company Has Decreased Its Devon Energy New (DVN) Holding; Riverpark Advisors Has Raised Macquarie Infrastructure Cor (MIC) Holding

April 23, 2018 - By Dolores Ford

Macquarie Infrastructure Corporation (NYSE:MIC) Logo

Joel Isaacson & Company Llc decreased Devon Energy Corp New (DVN) stake by 61.58% reported in 2017Q4 SEC filing. Joel Isaacson & Company Llc sold 10,000 shares as Devon Energy Corp New (DVN)’s stock declined 23.72%. The Joel Isaacson & Company Llc holds 6,239 shares with $258,000 value, down from 16,239 last quarter. Devon Energy Corp New now has $18.62 billion valuation. 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 23, 2017 and is downtrending. It has underperformed by 29.99% the S&P500.

Riverpark Advisors Llc increased Macquarie Infrastructure Cor (MIC) stake by 34.07% reported in 2017Q4 SEC filing. Riverpark Advisors Llc acquired 9,300 shares as Macquarie Infrastructure Cor (MIC)’s stock declined 42.74%. The Riverpark Advisors Llc holds 36,600 shares with $2.35 million value, up from 27,300 last quarter. Macquarie Infrastructure Cor now has $3.29 billion valuation. The stock decreased 1.28% or $0.5 during the last trading session, reaching $38.71. About 930,670 shares traded. Macquarie Infrastructure Corporation (NYSE:MIC) has declined 54.12% since April 23, 2017 and is downtrending. It has underperformed by 65.67% the S&P500.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.08, from 1 in 2017Q3. It worsened, as 51 investors sold DVN 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. State Of Alaska Department Of Revenue holds 49,130 shares. 97,670 are held by Utah Retirement. Anchor Cap Advisors Lc holds 0.57% in Devon Energy Corporation (NYSE:DVN) or 389,187 shares. M&T Bancshares reported 36,918 shares. Arrowgrass Capital Prtnrs (Us) Limited Partnership holds 0% or 984 shares. Moreover, Philadelphia Tru has 0.86% invested in Devon Energy Corporation (NYSE:DVN) for 264,956 shares. Timber Hill reported 35,014 shares. Jpmorgan Chase And stated it has 0.02% of its portfolio in Devon Energy Corporation (NYSE:DVN). Ascend Capital Ltd Liability holds 0.44% or 283,880 shares. Beaconlight Capital Limited Co holds 3.05% in Devon Energy Corporation (NYSE:DVN) or 200,500 shares. Deltec Asset Mgmt Limited Liability invested in 8,250 shares or 0.07% of the stock. 3.57M are held by Diamond Hill Cap Mngmt. Alliancebernstein Ltd Partnership reported 6.07 million shares stake. Duquesne Family Office Ltd Company invested in 2.11% or 1.01M shares. Advantus Capital has invested 0.05% in Devon Energy Corporation (NYSE:DVN).

Analysts await Devon Energy Corporation (NYSE:DVN) to report earnings on May, 1 after the close. They expect $0.24 EPS, down 41.46% or $0.17 from last year’s $0.41 per share. DVN’s profit will be $126.26M for 36.88 P/E if the $0.24 EPS becomes a reality. After $0.38 actual EPS reported by Devon Energy Corporation for the previous quarter, Wall Street now forecasts -36.84% negative EPS growth.

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 stock of Devon Energy Corporation (NYSE:DVN) has “Hold” rating given on Wednesday, March 14 by Piper Jaffray. The rating was maintained by Citigroup on Tuesday, November 28 with “Buy”. The firm has “Accumulate” rating by KLR Group given on Monday, July 18. The firm has “Buy” rating by Argus Research given on Thursday, September 17. The stock of Devon Energy Corporation (NYSE:DVN) earned “Buy” rating by Jefferies on Tuesday, January 30. The rating was initiated by Wunderlich on Wednesday, April 27 with “Buy”. Susquehanna maintained Devon Energy Corporation (NYSE:DVN) on Wednesday, February 21 with “Buy” rating. The stock has “Overweight” rating by Barclays Capital on Monday, January 11. The stock of Devon Energy Corporation (NYSE:DVN) has “Sector Perform” rating given on Thursday, August 6 by Peters & Co. The rating was maintained by Argus Research on Tuesday, August 23 with “Buy”.

Among 8 analysts covering MacQuarie Infrastructure (NYSE:MIC), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. MacQuarie Infrastructure had 24 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Overweight” rating given on Thursday, March 24 by JP Morgan. The firm earned “Overweight” rating on Thursday, February 23 by Barclays Capital. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Buy” rating given on Tuesday, March 21 by Suntrust Robinson. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Buy” rating given on Tuesday, January 16 by RBC Capital Markets. RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) on Sunday, October 29 with “Buy” rating. The company was maintained on Monday, November 6 by RBC Capital Markets. The stock has “Outperform” rating by Wells Fargo on Friday, November 18. The company was downgraded on Thursday, February 22 by JP Morgan. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Buy” rating given on Monday, September 25 by RBC Capital Markets. The rating was downgraded by Wells Fargo on Friday, February 23 to “Market Perform”.

Investors sentiment decreased to 1.24 in 2017 Q4. Its down 0.22, from 1.46 in 2017Q3. It turned negative, as 40 investors sold MIC shares while 103 reduced holdings. 53 funds opened positions while 125 raised stakes. 64.11 million shares or 1.58% more from 63.11 million shares in 2017Q3 were reported. Jefferies Ltd owns 172,940 shares. Pnc Fincl Gp reported 0% stake. Neuberger Berman Group Ltd Liability Company holds 232,747 shares. Prtn Gru Ag reported 0.06% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Thompson Siegel & Walmsley Limited Liability Com has invested 0.03% in Macquarie Infrastructure Corporation (NYSE:MIC). Rockland Trust Com reported 14,906 shares. First Mercantile Tru invested in 18,104 shares or 0.23% of the stock. Alps Inc invested in 0.07% or 160,893 shares. Swiss Bank & Trust holds 0.02% or 288,900 shares in its portfolio. Gargoyle Invest Advisor Lc holds 16,327 shares or 0.42% of its portfolio. Sumitomo Mitsui Trust Inc holds 0.02% or 227,454 shares. 78 were reported by Exane Derivatives. Moab Capital Prtnrs Limited Liability holds 11.36% or 702,199 shares in its portfolio. Grand Jean Capital Mngmt has invested 1.99% in Macquarie Infrastructure Corporation (NYSE:MIC). Salem Invest Counselors reported 0% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC).

Riverpark Advisors Llc decreased Tractor Supply Co (NASDAQ:TSCO) stake by 130,000 shares to 406,000 valued at $30.35 million in 2017Q4. It also reduced Equinix Inc (NASDAQ:EQIX) stake by 1,195 shares and now owns 9,930 shares. Verisk Analytics Inc (NASDAQ:VRSK) was reduced too.

Devon Energy Corporation (NYSE:DVN) Institutional Positions Chart

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