General Mills (GIS) Holding Upped by Quinn Opportunity Partners Llc; Devon Energy New (DVN) Holding Has Increased by Bronson Point Management Llc

December 7, 2017 - By Marguerite Chambers

Larry Foley increased its stake in Devon Energy Corp New (DVN) by 48.15% based on its latest 2017Q2 regulatory filing with the SEC. Bronson Point Management Llc bought 65,000 shares as the company’s stock declined 13.09% while stock markets rallied. The hedge fund run by Larry Foley held 200,000 shares of the oil & gas production company at the end of 2017Q2, valued at $6.39M, up from 135,000 at the end of the previous reported quarter. Bronson Point Management Llc who had been investing in Devon Energy Corp New for a number of months, seems to be bullish on the $19.59 billion market cap company. The stock increased 1.06% or $0.39 during the last trading session, reaching $37.27. About 237,703 shares traded. Devon Energy Corporation (NYSE:DVN) has risen 13.24% since December 7, 2016 and is uptrending. It has underperformed by 3.46% the S&P500.

Quinn Opportunity Partners Llc increased its stake in General Mills Inc (GIS) by 51.84% based on its latest 2017Q2 regulatory filing with the SEC. Quinn Opportunity Partners Llc bought 9,020 shares as the company’s stock declined 5.07% while stock markets rallied. The institutional investor held 26,420 shares of the consumer non-durables company at the end of 2017Q2, valued at $1.46M, up from 17,400 at the end of the previous reported quarter. Quinn Opportunity Partners Llc who had been investing in General Mills Inc for a number of months, seems to be bullish on the $32.46B market cap company. The stock decreased 0.52% or $0.298 during the last trading session, reaching $57.112. About 315,675 shares traded. General Mills, Inc. (NYSE:GIS) has declined 10.63% since December 7, 2016 and is downtrending. It has underperformed by 27.33% the S&P500.




Among 34 analysts covering Devon Energy Corporation (NYSE:DVN), 23 have Buy rating, 0 Sell and 11 Hold. Therefore 68% are positive. Devon Energy Corporation had 101 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Devon Energy Corporation (NYSE:DVN) on Friday, September 1 with “Buy” rating. The rating was downgraded by Howard Weil to “Sector Outperform” on Friday, August 14. Barclays Capital upgraded it to “Overweight” rating and $36 target in Monday, January 11 report. The company was maintained on Tuesday, November 28 by Citigroup. On Thursday, February 18 the stock rating was maintained by Credit Suisse with “Outperform”. Wolfe Research downgraded Devon Energy Corporation (NYSE:DVN) on Friday, February 19 to “Peer Perform” rating. The rating was maintained by Stifel Nicolaus on Friday, August 25 with “Buy”. The company was downgraded on Tuesday, January 17 by Jefferies. On Tuesday, August 23 the stock rating was maintained by Argus Research with “Buy”. The firm has “Buy” rating given on Thursday, February 16 by Societe Generale.

Bronson Point Management Llc, which manages about $1.86B and $223.99 million US Long portfolio, decreased its stake in Mgm Resorts International (NYSE:MGM) by 75,000 shares to 200,000 shares, valued at $6.26 million in 2017Q2, according to the filing. It also reduced its holding in Delphi Automotive Plc (NYSE:DLPH) by 40,000 shares in the quarter, leaving it with 17,500 shares, and cut its stake in Tronox Ltd (NYSE:TROX).

More notable recent Devon Energy Corporation (NYSE:DVN) news were published by: Seekingalpha.com which released: “Devon – Ride Along (Part 2)” on November 14, 2017, also Seekingalpha.com with their article: “Devon Energy Emerges Triumphant From Downturn” published on November 10, 2017, Seekingalpha.com published: “Devon’s Growing Tier 1 Meramec Opportunity” on November 21, 2017. More interesting news about Devon Energy Corporation (NYSE:DVN) were released by: Newsok.com and their article: “Devon Energy rebounds with focus on core assets” published on November 12, 2017 as well as Businesswire.com‘s news article titled: “Devon Energy Announces 5100 Boe per Day STACK Well Offsetting Coyote Development” with publication date: November 14, 2017.

Investors sentiment increased to 1.08 in Q2 2017. Its up 0.06, from 1.02 in 2017Q1. It improved, as 84 investors sold DVN shares while 210 reduced holdings. 74 funds opened positions while 243 raised stakes. 400.45 million shares or 0.08% more from 400.14 million shares in 2017Q1 were reported. Deltec Asset Mngmt Lc holds 0.06% of its portfolio in Devon Energy Corporation (NYSE:DVN) for 8,750 shares. Skba Cap Mngmt Limited Liability invested in 7,900 shares or 0.04% of the stock. Stuyvesant Mgmt owns 61,930 shares or 3.91% of their US portfolio. Mraz Amerine And Assocs stated it has 0.46% of its portfolio in Devon Energy Corporation (NYSE:DVN). Ibm Retirement Fund owns 12,838 shares or 0.09% of their US portfolio. Van Strum And Towne invested 1.57% in Devon Energy Corporation (NYSE:DVN). Benjamin F Edwards And holds 0% or 943 shares. Beaconlight Limited Liability Corporation has invested 3.6% in Devon Energy Corporation (NYSE:DVN). Amalgamated Bank has 55,003 shares for 0.06% of their portfolio. Price T Rowe Associates Inc Md invested 0.01% in Devon Energy Corporation (NYSE:DVN). Bessemer Group, a New Jersey-based fund reported 118,396 shares. Cliftonlarsonallen Wealth Ltd Liability Co, a Minnesota-based fund reported 608,010 shares. 30,550 are held by Argyle Cap Mgmt Incorporated. Global X Mgmt Com Limited Com has 0% invested in Devon Energy Corporation (NYSE:DVN) for 4,539 shares. Mackenzie Financial invested 0% in Devon Energy Corporation (NYSE:DVN).

Investors sentiment increased to 1 in Q2 2017. Its up 0.10, from 0.9 in 2017Q1. It increased, as 73 investors sold GIS shares while 363 reduced holdings. 93 funds opened positions while 344 raised stakes. 389.74 million shares or 0.52% less from 391.76 million shares in 2017Q1 were reported. Blackhill Cap reported 5,200 shares. Moreover, Shelton Capital Management has 0.02% invested in General Mills, Inc. (NYSE:GIS) for 5,683 shares. The Maine-based Bangor Bancorp has invested 0.1% in General Mills, Inc. (NYSE:GIS). Biondo Invest Limited Liability owns 60,602 shares or 0.97% of their US portfolio. Farmers Comml Bank invested in 0.26% or 8,034 shares. Ohio-based Cincinnati Specialty Underwriters Insur has invested 2.02% in General Mills, Inc. (NYSE:GIS). Transamerica Inc reported 0.96% in General Mills, Inc. (NYSE:GIS). Kidder Stephen W has 14,900 shares. Wellington Shields Cap Mngmt accumulated 0.67% or 73,666 shares. Rnc Capital Limited Liability Co reported 558,709 shares. Toth Advisory accumulated 0.59% or 40,457 shares. Tocqueville Asset Limited Partnership has 45,893 shares for 0.03% of their portfolio. Mengis Capital Management reported 13,825 shares. 64,085 are owned by Da Davidson & Company. Commonwealth Bancorporation Of Australia stated it has 0.04% of its portfolio in General Mills, Inc. (NYSE:GIS).

Among 22 analysts covering General Mills Inc. (NYSE:GIS), 1 have Buy rating, 5 Sell and 16 Hold. Therefore 5% are positive. General Mills Inc. had 59 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Thursday, June 29 with “Hold”. As per Friday, September 22, the company rating was maintained by Wells Fargo. The stock of General Mills, Inc. (NYSE:GIS) has “Neutral” rating given on Thursday, September 22 by UBS. The firm has “Neutral” rating given on Monday, October 26 by Susquehanna. Barclays Capital maintained the shares of GIS in report on Wednesday, December 21 with “Equal Weight” rating. The firm earned “Hold” rating on Monday, October 23 by RBC Capital Markets. As per Monday, April 11, the company rating was maintained by Citigroup. The stock of General Mills, Inc. (NYSE:GIS) has “Hold” rating given on Wednesday, March 22 by Stifel Nicolaus. The firm earned “Hold” rating on Wednesday, June 21 by UBS. BMO Capital Markets maintained it with “Hold” rating and $6000 target in Wednesday, June 28 report.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.