Eastman Chemical Company (EMN) to pay $0.56 on Jan 5, 2018; Devon Energy (DVN) Had 23 Analysts Last Week

December 14, 2017 - By Darrin Black

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 has $80 highest and $26 lowest target. $45.39’s average target is 19.07% above currents $38.12 stock price. Devon Energy Corporation had 102 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, September 1 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Buy” rating given on Friday, December 9 by Seaport Global. The firm earned “Accumulate” rating on Monday, July 18 by KLR Group. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, February 18. As per Thursday, January 19, the company rating was upgraded by UBS. The company was maintained on Monday, September 18 by PiperJaffray. RBC Capital Markets maintained it with “Buy” rating and $5300 target in Monday, May 29 report. On Monday, July 18 the stock rating was maintained by Citigroup with “Buy”. Barclays Capital maintained the stock with “Overweight” rating in Thursday, September 1 report. The stock of Devon Energy Corporation (NYSE:DVN) has “Buy” rating given on Thursday, August 24 by RBC Capital Markets. See Devon Energy Corporation (NYSE:DVN) latest ratings:

11/12/2017 Broker: Credit Suisse Rating: Buy New Target: $43.0 Initiate
28/11/2017 Broker: Citigroup Rating: Buy New Target: $44.0 Maintain
22/11/2017 Broker: Piper Jaffray Rating: Hold New Target: $38.0 Maintain
20/11/2017 Broker: Barclays Capital Rating: Overweight Old Target: $35 New Target: $38 Maintain
10/11/2017 Broker: Cowen & Co Rating: Buy New Target: $42.0 Maintain
01/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $46.0 Maintain
02/11/2017 Broker: Stephens Old Rating: Equal-Weight New Rating: Overweight Upgrade
31/10/2017 Broker: Cowen & Co Rating: Buy New Target: $40.0 Maintain
18/10/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $42 New Target: $48 Maintain
10/10/2017 Broker: BMO Capital Markets Rating: Buy New Target: $45.0 Maintain

Eastman Chemical Company (NYSE:EMN) is expected to pay $0.56 on Jan 5, 2018. $2.24 is the ADY. (NYSE:EMN) shareholders before Dec 15, 2017 will receive the $0.56 dividend. Eastman Chemical Company’s current price of $93.08 translates into 0.60% yield. Eastman Chemical Company’s dividend has Dec 18, 2017 as record date. Dec 7, 2017 is the announcement. The stock increased 0.06% or $0.06 during the last trading session, reaching $93.08. About 942,098 shares traded. Eastman Chemical Company (NYSE:EMN) has risen 7.60% since December 14, 2016 and is uptrending. It has underperformed by 9.10% the S&P500.

Among 16 analysts covering Eastman Chemical Company (NYSE:EMN), 9 have Buy rating, 2 Sell and 5 Hold. Therefore 56% are positive. Eastman Chemical Company has $108.0 highest and $73 lowest target. $97.09’s average target is 4.31% above currents $93.08 stock price. Eastman Chemical Company had 49 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Credit Agricole on Monday, May 2. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, September 5. Jefferies maintained it with “Buy” rating and $88 target in Monday, May 2 report. The stock of Eastman Chemical Company (NYSE:EMN) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, March 17. RBC Capital Markets maintained the stock with “Hold” rating in Monday, July 10 report. RBC Capital Markets initiated Eastman Chemical Company (NYSE:EMN) on Wednesday, October 14 with “Outperform” rating. Nomura maintained the shares of EMN in report on Monday, July 11 with “Buy” rating. The stock of Eastman Chemical Company (NYSE:EMN) earned “Buy” rating by Deutsche Bank on Wednesday, June 21. Deutsche Bank maintained the stock with “Buy” rating in Thursday, August 20 report. Cowen & Co maintained Eastman Chemical Company (NYSE:EMN) on Thursday, July 13 with “Buy” rating.

Eastman Chemical Company manufactures and sells materials, specialty additives, chemicals, and fibers in the United States and internationally. The company has market cap of $13.38 billion. The companyÂ’s Additives & Functional Products segment offers specialty coalescents, specialty and commodity solvents, paint additives, and specialty polymers; hydrocarbon and rosin resins; sulfur and antidegradant rubber additives; performance resins and amine-derivative building blocks; heat transfer and aviation fluids; formic-acid based solutions; and metam based soil fumigants, thiram and ziram based fungicides, and plant growth regulators. It has a 13.53 P/E ratio. The Company’s products are used in coatings, tires, consumables, building and construction, animal nutrition, care chemical, crop protection, and energy markets.

Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.04, from 1.14 in 2017Q1. It increased, as 41 investors sold Eastman Chemical Company shares while 177 reduced holdings. 70 funds opened positions while 179 raised stakes. 116.54 million shares or 7.50% less from 125.99 million shares in 2017Q1 were reported. Intact Investment Management invested 0.08% in Eastman Chemical Company (NYSE:EMN). Paloma Ptnrs Mngmt holds 37,766 shares or 0.04% of its portfolio. Hsbc Hldg Public Ltd, a United Kingdom-based fund reported 337,334 shares. Peapack Gladstone Fin Corp invested 0% of its portfolio in Eastman Chemical Company (NYSE:EMN). Moreover, Boston Lc has 0.02% invested in Eastman Chemical Company (NYSE:EMN) for 9,917 shares. Moreover, Cadence Capital Mgmt Ltd has 0.14% invested in Eastman Chemical Company (NYSE:EMN). Ig Inv Management Ltd invested in 0.09% or 207,600 shares. Yorktown Mngmt & Inc reported 13,500 shares or 0.36% of all its holdings. Robeco Institutional Asset Mngmt Bv has 5,791 shares for 0% of their portfolio. Schwab Charles Management Inc holds 0.05% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 582,515 shares. 177,426 were reported by Hancock. 107,617 are held by Barclays Public Limited Company. Mitsubishi Ufj Securities Holdg holds 0.14% or 320 shares in its portfolio. Alpha Windward Ltd Llc accumulated 5,700 shares. Illinois-based Driehaus Cap Mgmt Lc has invested 0.01% in Eastman Chemical Company (NYSE:EMN).

Since August 3, 2017, it had 0 insider buys, and 3 selling transactions for $934,680 activity. 1,400 shares valued at $117,936 were sold by COX MARK K on Thursday, August 3. Another trade for 5,200 shares valued at $479,024 was made by Stuckey Perry on Tuesday, October 31. 4,000 Eastman Chemical Company (NYSE:EMN) shares with value of $337,720 were sold by HORNBAKER RENEE J.

The stock decreased 0.76% or $0.29 during the last trading session, reaching $38.12. About 3.06M shares traded. Devon Energy Corporation (NYSE:DVN) has risen 13.24% since December 14, 2016 and is uptrending. It has underperformed by 3.46% the S&P500.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States and Canada. The company has market cap of $20.03 billion. It operates approximately 15,200 gross wells. It has a 12.97 P/E ratio. The firm also offers gathering, transmission, processing, storage, fractionation, and marketing to upstream oil and natural gas producers; and owns natural gas pipelines, plants and treatment facilities.

Investors sentiment decreased to 1 in Q2 2017. Its down 0.08, from 1.08 in 2017Q1. It is negative, as 84 investors sold Devon Energy Corporation 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. Shamrock Asset Mgmt Lc reported 466 shares. Ray Gerald L And Assoc Limited holds 0.04% or 8,577 shares in its portfolio. Ledyard Savings Bank has 0.01% invested in Devon Energy Corporation (NYSE:DVN) for 2,059 shares. Nj State Employees Deferred Compensation Plan has 17,000 shares for 0.1% of their portfolio. Moreover, Cubist Systematic Strategies Limited Liability Company has 0.17% invested in Devon Energy Corporation (NYSE:DVN). Louisiana State Employees Retirement Sys holds 0.05% in Devon Energy Corporation (NYSE:DVN) or 32,600 shares. Glenmede Trust Na accumulated 0.01% or 68,450 shares. Duncker Streett And has invested 0.01% of its portfolio in Devon Energy Corporation (NYSE:DVN). British Columbia Invest Mgmt Corporation reported 287,529 shares. Neville Rodie Shaw Inc has 0.22% invested in Devon Energy Corporation (NYSE:DVN) for 59,025 shares. Arizona State Retirement Sys holds 0.06% or 130,374 shares. Td Asset Inc has 179,274 shares. Pinnacle Associates Ltd accumulated 237,072 shares. National Pension Service holds 0.09% in Devon Energy Corporation (NYSE:DVN) or 457,232 shares. Lord Abbett & Limited Liability Corp holds 0.15% or 1.56M shares in its portfolio.

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