Encana Corporation (ECA) Given Daily News Sentiment Score of 0.19

Cornelia Mascio
Agosto 13, 2017

The stock closed the most recent session at $9.69 after seeing 7309171 shares trade hands.

ECA has been the subject of several other research reports. Causeway Capital Management increased its position in Encana Corporation by 95.2% in the Q1. BlackRock Inc. boosted its stake in Encana Corporation by 11,232.3% in the first quarter. Wetherby Asset Management Inc. increased its stake in shares of Encana Corporation by 0.6% in the first quarter. Encana Corporation had 33 analyst reports since July 28, 2015 according to SRatingsIntel. Equity Investment Corp Acquisition Inc now owns 12,330 shares of the oil and gas company's stock valued at $144,000 after buying an additional 1,195 shares in the last quarter. Similar statistics are true for the second largest owner, Davis Selected Advisers, which owns 67,572,006 shares of the stock are valued at $660.85 million. Sei Investments Co. now owns 321,320 shares of the oil and gas company's stock worth $3,763,000 after buying an additional 147,409 shares during the period. Institutional investors own 73.10% of the company's stock.

Director, Woitas Clayton Harvey, purchased 12,300 common shares of Encana Corporation (ECA) in the open market. Springbok Capital Management Llc acquired 113,012 shares as Encana Corp (ECA)'s stock declined 8.34%. The company rocked its 52-Week High of $5.86 and touched its 52-Week Low of $2.21. The stock of Encana Corp (USA) (NYSE:ECA) has "Buy" rating given on Monday, May 29 by RBC Capital Markets.

It is now trading at $9.70 slightly over the 50 day moving average which is $9.34 and significantly below the 200 day moving average of $10.68.

Encana Corp (TSE:ECA) (NYSE:ECA) had its target price lifted by research analysts at Raymond James Financial, Inc.to C$19.00 in a research report issued on Monday, July 24th, StockTargetPrices.com reports. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.15. The business had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $773.19 million. During the same quarter previous year, the company posted $0.10 EPS. As of the last earnings report the EPS was $0.84 and is expected to be $0.50 for the current year with 973,095,000 shares now outstanding.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a $0.015 dividend. The ex-dividend date of this dividend is Thursday, September 14th. Encana Corporation's dividend payout ratio (DPR) is now 6.98%. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and worldwide copyright and trademark laws. The original version of this story can be read at https://sportsperspectives.com/2017/08/12/encana-corporation-eca-shares-bought-by-geode-capital-management-llc.html.

Covering sell-side analysts have recently weighed in on shares of Square, Inc. Desjardins set a $13.00 price objective on Encana Corporation and gave the company a "hold" rating in a research note on Thursday, April 20th. GMP Securities maintained it with "Buy" rating and $13.2500 target in Monday, June 12 report. One research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have given a buy rating and four have assigned a strong buy rating to the company's stock. At the time of writing, the First Call consensus price target for the company is $13.13.

Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. It also reduced Cabot Oil & Gas Corp (NYSE:COG) stake by 8.99 million shares and now owns 27.01 million shares.

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