Penn National Gaming (PENN) Stake Has Boosted by Hood River Capital Management Llc; South Dakota Investment Council Has Lowered Devon Energy New (DVN) Position by $7.61 Million as Share Price Declined

Penn National Gaming, Inc. (NASDAQ:PENN) Logo

Hood River Capital Management Llc increased its stake in Penn National Gaming Inc (PENN) by 149643.65% based on its latest 2018Q2 regulatory filing with the SEC. Hood River Capital Management Llc bought 730,261 shares as the company’s stock rose 2.83% with the market. The institutional investor held 730,749 shares of the consumer services company at the end of 2018Q2, valued at $24.55M, up from 488 at the end of the previous reported quarter. Hood River Capital Management Llc who had been investing in Penn National Gaming Inc for a number of months, seems to be bullish on the $2.74 billion market cap company. The stock increased 1.18% or $0.27 during the last trading session, reaching $23.16. About 355,122 shares traded. Penn National Gaming, Inc. (NASDAQ:PENN) has risen 44.78% since December 7, 2017 and is uptrending. It has outperformed by 29.16% the S&P500. Some Historical PENN News: 26/04/2018 – PENN NATIONAL GAMING INC – FOR FY 2018, SEES NET REVENUES OF $ 3,235.7 MLN; 22/03/2018 – The Pennsylvania Gaming Control Board Approves Operator Change of the Meadows Casino to Penn National Gaming; 27/04/2018 – Penn National Gaming Secures Mississippi Gaming Commission and Pennsylvania State Horse Racing Commission Approval of Its; 21/03/2018 – PENN NATIONAL GAMING INC – GOAL REMAINS TO COMPLETE TRANSACTION IN SECOND HALF OF 2018; 14/05/2018 – U.S. high court paves way for states to legalize sports betting; 09/05/2018 – PINNACLE ENTERTAINMENT INC – REMAIN ON TRACK TO COMPLETE PENN NATIONAL TRANSACTION IN SECOND HALF OF 2018; 26/03/2018 – PENN NATIONAL GAMING INC – BOARD DECREASED NUMBER OF CLASS lll DIRECTOR POSITIONS FROM FOUR DIRECTORS TO THREE DIRECTORS; 26/03/2018 – Penn National Gaming Board Elects Saul V. Reibstein to Serve as a Director; 22/03/2018 – PGCB: The Pennsylvania Gaming Control Board Approves Operator Change of the Meadows Casino To Penn National Gaming; 15/05/2018 – Regionally-focused Boyd Gaming and Penn National “are likely the biggest beneficiaries,” Morgan Stanley said Tuesday

South Dakota Investment Council decreased its stake in Devon Energy Corp New (DVN) by 13.35% based on its latest 2018Q2 regulatory filing with the SEC. South Dakota Investment Council sold 176,897 shares as the company’s stock declined 1.50% while stock markets rallied. The institutional investor held 1.15 million shares of the oil & gas production company at the end of 2018Q2, valued at $50.45M, down from 1.32M at the end of the previous reported quarter. South Dakota Investment Council who had been investing in Devon Energy Corp New for a number of months, seems to be less bullish one the $13.23B market cap company. The stock increased 1.82% or $0.5 during the last trading session, reaching $28.25. About 1.34 million shares traded. Devon Energy Corporation (NYSE:DVN) has risen 30.40% since December 7, 2017 and is uptrending. It has outperformed by 14.78% the S&P500. Some Historical DVN News: 10/05/2018 – Devon Presenting at UBS Global Oil and Gas Conference May 23; 10/04/2018 – DEVON ENERGY CORP CONFIRMS STAFF REDUCTIONS, SAYS COMPANY MUST ‘TRANSFORM THE WAY IT OPERATES’; 07/03/2018 – DEVON ENERGY REPORTS $553M SALE OF JOHNSON COUNTY ASSETS; 20/04/2018 – DJ Devon Energy Corporation, Inst Holders, 1Q 2018 (DVN); 01/05/2018 – Devon Energy: Sees 2018 Midpoint Oil Production Growth Rate of 16% Vs. Year Ago; 01/05/2018 – Devon Energy 1Q Rev $3.81B; 01/05/2018 – DEVON ENERGY BOOSTS FULL-YEAR 2018 OIL PRODUCTION OUTLOOK; 12/04/2018 – Devon Closes Below 50-Day Moving Average: Technicals; 07/03/2018 – Devon Joins Shareholder Sweetener Spree With Buybacks, Gas Sale; 10/04/2018 – Devon Energy plans to lay off 9 percent of staff to boost returns

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 $196.68 million for 16.82 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.

South Dakota Investment Council, which manages about $4.58 billion US Long portfolio, upped its stake in Berkshire Hathaway Inc Del (BRKB) by 3,690 shares to 333,073 shares, valued at $62.17 million in 2018Q2, according to the filing. It also increased its holding in Duke Energy Corp New (NYSE:DUK) by 68,760 shares in the quarter, for a total of 118,360 shares, and has risen its stake in Edgewell Pers Care Co.

Among 40 analysts covering Devon Energy Corporation (NYSE:DVN), 26 have Buy rating, 0 Sell and 14 Hold. Therefore 65% are positive. Devon Energy Corporation had 151 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $45 target in Thursday, August 4 report. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, September 26 report. The stock of Devon Energy Corporation (NYSE:DVN) has “Buy” rating given on Tuesday, January 30 by Jefferies. Evercore upgraded the stock to “Buy” rating in Friday, April 15 report. Susquehanna maintained Devon Energy Corporation (NYSE:DVN) on Wednesday, August 1 with “Positive” rating. The firm has “Buy” rating given on Thursday, March 23 by BMO Capital Markets. The stock of Devon Energy Corporation (NYSE:DVN) earned “Buy” rating by RBC Capital Markets on Wednesday, November 1. The company was maintained on Tuesday, November 28 by Citigroup. The firm has “Buy” rating given on Monday, August 6 by UBS. The firm has “Buy” rating by Credit Suisse given on Monday, April 3.

Investors sentiment decreased to 0.83 in Q2 2018. Its down 0.11, from 0.94 in 2018Q1. It fall, as 64 investors sold DVN shares while 252 reduced holdings. 86 funds opened positions while 176 raised stakes. 398.41 million shares or 2.29% less from 407.74 million shares in 2018Q1 were reported. Chevy Chase has invested 0.15% in Devon Energy Corporation (NYSE:DVN). Everence Mngmt accumulated 18,500 shares. Essex Inv Management Com Lc holds 0.2% or 35,641 shares. Kistler has 0% invested in Devon Energy Corporation (NYSE:DVN). Ww Asset Incorporated invested in 32,514 shares. State Board Of Administration Of Florida Retirement accumulated 0.09% or 728,647 shares. Natl Pension has 0.1% invested in Devon Energy Corporation (NYSE:DVN). 10,119 were reported by Shelton Cap. Twin Tree LP accumulated 0.1% or 359,963 shares. Wellington Management Llp stated it has 0.02% of its portfolio in Devon Energy Corporation (NYSE:DVN). Amalgamated National Bank & Trust has invested 0.07% in Devon Energy Corporation (NYSE:DVN). Keybank National Association Oh invested 0.01% in Devon Energy Corporation (NYSE:DVN). Adage Capital Prtn Limited Liability Corporation reported 0.06% in Devon Energy Corporation (NYSE:DVN). State Of Alaska Department Of Revenue has invested 0.06% in Devon Energy Corporation (NYSE:DVN). The Texas-based Tctc Ltd Co has invested 0.09% in Devon Energy Corporation (NYSE:DVN).

More notable recent Devon Energy Corporation (NYSE:DVN) news were published by: Streetinsider.com which released: “Devon Energy (DVN) IV comes in as shares rally after EPS and midterm voting – StreetInsider.com” on November 07, 2018, also Streetinsider.com with their article: “Stephens Starts Devon Energy (DVN) at Overweight, Top Pick – StreetInsider.com” published on December 06, 2018, Fool.com published: “Oil Prices: It Took Bears Just 12 Days to Maul 12 Months of Bull Market Gains – Motley Fool” on November 14, 2018. More interesting news about Devon Energy Corporation (NYSE:DVN) were released by: Fool.com and their article: “Marathon Oil Corporation’s Drilling Machine Produced High-End Results in Q3 – Motley Fool” published on November 08, 2018 as well as Seekingalpha.com‘s news article titled: “Marathon Petroleum poised to yield strong cost, marketing advantages – Seeking Alpha” with publication date: November 12, 2018.

Investors sentiment decreased to 1.18 in 2018 Q2. Its down 0.16, from 1.34 in 2018Q1. It fall, as 32 investors sold PENN shares while 66 reduced holdings. 45 funds opened positions while 71 raised stakes. 86.01 million shares or 1.86% more from 84.43 million shares in 2018Q1 were reported. Ubs Asset Management Americas Inc invested in 82,475 shares. Whittier Tru Communication stated it has 0% of its portfolio in Penn National Gaming, Inc. (NASDAQ:PENN). Sector Pension Board accumulated 0.01% or 54,522 shares. Sg Americas Securities Ltd owns 0% invested in Penn National Gaming, Inc. (NASDAQ:PENN) for 4,833 shares. Raymond James Assocs owns 71,006 shares. Rhumbline Advisers reported 0.01% in Penn National Gaming, Inc. (NASDAQ:PENN). Putnam Invests Limited Liability reported 438,555 shares. 38,578 are owned by Janney Montgomery Scott Ltd Liability Corp. 6,487 were accumulated by Acadian Asset Management Ltd Llc. Walleye Trading Ltd Limited Liability Company reported 0.03% of its portfolio in Penn National Gaming, Inc. (NASDAQ:PENN). Moreover, Arizona State Retirement Systems has 0.04% invested in Penn National Gaming, Inc. (NASDAQ:PENN) for 123,034 shares. Moreover, Wellington Mngmt Group Llp has 0% invested in Penn National Gaming, Inc. (NASDAQ:PENN) for 371,526 shares. Bank Of Montreal Can holds 0% of its portfolio in Penn National Gaming, Inc. (NASDAQ:PENN) for 15,899 shares. Stifel holds 0.01% or 90,935 shares. Earnest Ptnrs Ltd Co reported 111,447 shares.

Hood River Capital Management Llc, which manages about $698.72 million and $1.95 billion US Long portfolio, decreased its stake in Costar Group Inc (NASDAQ:CSGP) by 23,041 shares to 51,909 shares, valued at $21.42M in 2018Q2, according to the filing. It also reduced its holding in Swift Transportation by 166,397 shares in the quarter, leaving it with 928,658 shares, and cut its stake in Quinstreet Inc (NASDAQ:QNST).

More notable recent Penn National Gaming, Inc. (NASDAQ:PENN) news were published by: Seekingalpha.com which released: “Number crunching the Penn-VICI Greektown deal – Seeking Alpha” on November 16, 2018, also Nasdaq.com with their article: “SL Green to Fortify Office Portfolio Through Redevelopment – Nasdaq” published on December 04, 2018, Nasdaq.com published: “Esplanade’s Kravetz bullish on casinos, Apple; sees turbulence for discount stores – Nasdaq” on November 14, 2018. More interesting news about Penn National Gaming, Inc. (NASDAQ:PENN) were released by: Benzinga.com and their article: “76 Biggest Movers From Yesterday – Benzinga” published on November 15, 2018 as well as Nasdaq.com‘s news article titled: “FirstEnergy Provides November Winter Storm Update – Nasdaq” with publication date: November 17, 2018.

Since June 21, 2018, it had 2 insider purchases, and 5 insider sales for $4.28 million activity. Shares for $234,290 were sold by Reibstein Saul on Friday, August 24. 1,000 Penn National Gaming, Inc. (NASDAQ:PENN) shares with value of $21,380 were bought by SCACCETTI JANE.

Devon Energy Corporation (NYSE:DVN) Institutional Positions Chart

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