Box, Inc. (BOX) EPS Estimated At $-0.25; Key Group Holdings Cayman LTD Has Decreased Devon Energy New (DVN) Position

August 10, 2018 - By Eric Painter

Box, Inc. (NYSE:BOX) Logo

Key Group Holdings Cayman Ltd decreased Devon Energy Corp New (DVN) stake by 51.48% reported in 2018Q1 SEC filing. Key Group Holdings Cayman Ltd sold 1.56 million shares as Devon Energy Corp New (DVN)’s stock rose 28.38%. The Key Group Holdings Cayman Ltd holds 1.47M shares with $46.88 million value, down from 3.04 million last quarter. Devon Energy Corp New now has $21.41 billion valuation. The stock decreased 1.41% or $0.6 during the last trading session, reaching $42.07. About 5.76M shares traded. Devon Energy Corporation (NYSE:DVN) has risen 13.57% since August 10, 2017 and is uptrending. It has outperformed by 1.00% the S&P500. Some Historical DVN News: 07/03/2018 – DEVON ENERGY BOOSTS CASH DIV 33% REPORTS $1.0B SHARE-REPURCHASE; 07/03/2018 – DEVON ENERGY REPORTS TENDER OFFERS FOR UP TO $1.0B IN DEBT; 10/04/2018 – Devon Energy plans to lay off 9 percent of staff to boost returns; 10/04/2018 – DEVON ENERGY SAYS STAFF CUTS WILL OCCUR ‘IN THE WEEKS AHEAD’; 03/05/2018 – Devon at Citi Global Energy and Utilities Conference May 16; 07/03/2018 – DEVON ENERGY REPORTS TENDER OFFERS FOR UP TO $1.0B AGGREGATE BU; 16/05/2018 – Moody’s: Devon Energy Outlook Is Stable; 27/03/2018 – DEVON ENERGY CORP DVN.N : BERNSTEIN RAISES TARGET PRICE TO $40 FROM $35; 01/05/2018 – Devon Energy 1Q Loss $197M; 02/05/2018 – DEVON CEO HAGER SPEAKS ON EARNINGS CONFERENCE CALL

Analysts expect Box, Inc. (NYSE:BOX) to report $-0.25 EPS on August, 29.They anticipate $0.05 EPS change or 16.67% from last quarter’s $-0.3 EPS. After having $-0.26 EPS previously, Box, Inc.’s analysts see -3.85% EPS growth. The stock increased 1.79% or $0.46 during the last trading session, reaching $26.15. About 1.97M shares traded. Box, Inc. (NYSE:BOX) has risen 46.03% since August 10, 2017 and is uptrending. It has outperformed by 33.46% the S&P500. Some Historical BOX News: 11/04/2018 – BOX INC BOX.N : MONNESS CRESPI HARDT STARTS COVERAGE WITH NEUTRAL RATING; 24/05/2018 – Box Announces Multizone Storage Capabilities for Box Zones; 10/04/2018 – Dubai Airports, the World’s Largest Airport, Leverages Box for Cloud Content Management; 08/05/2018 – Box Chief Legal Officer Peter McGoff to Leave Company; 30/05/2018 – Box 1Q Loss/Shr 26c; 23/03/2018 – Box Closes Below 50-Day Moving Average: Technicals; 30/05/2018 – Box: Barsamian Is Former Chief Sales and Marketing Officer for Hewlett Packard Enterprise Software; 30/05/2018 – Box Sees 2Q Adj Loss/Shr 5c-Adj Loss/Shr 6c; 11/04/2018 – New Box Admin Experience Extends Visibility and Advanced Insights Into Content, Collaboration and Security; 30/05/2018 – Box Sees 2Q Loss/Shr 27c-Loss 28c

More notable recent Box, Inc. (NYSE:BOX) news were published by: Seekingalpha.com which released: “Box: Returns Pack A Punch” on August 07, 2018, also Seekingalpha.com with their article: “Box: Thinking Outside Of This Box” published on July 25, 2018, Seekingalpha.com published: “Box This Stock Up And Tuck It Away” on July 31, 2018. More interesting news about Box, Inc. (NYSE:BOX) were released by: Businesswire.com and their article: “Box Moves Into New Tokyo Office as It Continues International Expansion” published on August 09, 2018 as well as Seekingalpha.com‘s news article titled: “Box: Reinstalling Confidence” with publication date: July 16, 2018.

Box, Inc. provides cloud content management platform that enables organizations of various sizes to manage their enterprise content from anywhere. The company has market cap of $3.67 billion. The company's platform enables users to collaborate on content internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security, and compliance features. It currently has negative earnings. Box, Inc. offers its solution in 22 languages.

Among 9 analysts covering Box Inc (NYSE:BOX), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Box Inc had 10 analyst reports since February 15, 2018 according to SRatingsIntel. The company was maintained on Thursday, May 31 by Canaccord Genuity. JMP Securities maintained the stock with “Market Outperform” rating in Thursday, May 31 report. The company was initiated on Thursday, February 15 by DA Davidson. As per Friday, June 1, the company rating was maintained by DA Davidson. KeyBanc Capital Markets maintained the stock with “Buy” rating in Monday, May 14 report. The stock of Box, Inc. (NYSE:BOX) has “Neutral” rating given on Thursday, May 31 by JP Morgan. The firm has “Neutral” rating by Rosenblatt given on Thursday, May 31.

Analysts await Devon Energy Corporation (NYSE:DVN) to report earnings on October, 30. They expect $0.54 earnings per share, up 17.39% or $0.08 from last year’s $0.46 per share. DVN’s profit will be $274.75 million for 19.48 P/E if the $0.54 EPS becomes a reality. After $0.34 actual earnings per share reported by Devon Energy Corporation for the previous quarter, Wall Street now forecasts 58.82% EPS growth.

Among 17 analysts covering Devon Energy Corp (NYSE:DVN), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. Devon Energy Corp had 24 analyst reports since February 21, 2018 according to SRatingsIntel. The firm has “Overweight” rating by JP Morgan given on Wednesday, March 14. The rating was upgraded by KLR Group on Friday, February 23 to “Buy”. The firm has “Buy” rating given on Wednesday, February 21 by Susquehanna. The firm has “Buy” rating by Scotia Capital given on Thursday, April 12. The stock has “Buy” rating by RBC Capital Markets on Friday, April 13. The stock has “Buy” rating by Stifel Nicolaus on Monday, April 23. Jefferies maintained the shares of DVN in report on Monday, March 19 with “Buy” rating. The firm has “Buy” rating by Stephens given on Tuesday, April 24. The company was maintained on Wednesday, April 18 by Piper Jaffray. The stock of Devon Energy Corporation (NYSE:DVN) has “Hold” rating given on Wednesday, March 14 by Piper Jaffray.

Investors sentiment increased to 0.94 in 2018 Q1. Its up 0.02, from 0.92 in 2017Q4. It is positive, as 70 investors sold DVN shares while 229 reduced holdings. 82 funds opened positions while 199 raised stakes. 407.74 million shares or 0.72% more from 404.83 million shares in 2017Q4 were reported. Sumitomo Mitsui Asset, Japan-based fund reported 34,875 shares. Gradient Invs Ltd Liability Corp accumulated 36 shares or 0% of the stock. Guinness Asset Mgmt has invested 1.62% in Devon Energy Corporation (NYSE:DVN). Element Cap Management Limited Liability has 0.01% invested in Devon Energy Corporation (NYSE:DVN) for 11,300 shares. Point72 Asset Management Lp, Connecticut-based fund reported 368,700 shares. Synovus holds 46,395 shares. Commerce Bancshares holds 0% or 10,217 shares. 344,095 were accumulated by Oppenheimer Asset Mgmt. Plante Moran Ltd Liability Corporation reported 253 shares stake. Letko Brosseau & Assoc holds 0.63% of its portfolio in Devon Energy Corporation (NYSE:DVN) for 2.10 million shares. Farmers & Merchants Investments has 175 shares. Intrust Bank Na reported 8,393 shares. Vr Advisory Limited has 20,400 shares. Columbia Pacific Advsrs Limited Liability has invested 2.26% in Devon Energy Corporation (NYSE:DVN). Franklin owns 1.55 million shares.

Key Group Holdings Cayman Ltd increased Range Res Corp (NYSE:RRC) stake by 4.97 million shares to 8.04M valued at $116.96 million in 2018Q1. It also upped Whiting Pete Corp New stake by 1.79M shares and now owns 3.61 million shares. Cnx Resources Corporation was raised too.

Devon Energy Corporation (NYSE:DVN) Institutional Positions Chart

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