Institutional investors, including Wealthspire Advisors, increased Devon Energy Co. stakes in Q4, owning 69.72% of the company's stock.
Wealthspire Advisors, Kovitz Investment Group, and other firms increased their stakes in Devon Energy Co. (NYSE:DVN) during Q4, with Wealthspire purchasing $208K worth of shares. Currently, 69.72% of Devon's stock is owned by institutional investors. The company reported Q1 EPS of $1.16, exceeding analysts' consensus estimates. Devon Energy's stock has a "Moderate Buy" average rating and a consensus price target of $58.56.
May 12, 2024
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