Sentiment Change Report: Chevron Corp (NYSE:CVX) at 0.99

May 16, 2018 - By Margaret Guttierez

Chevron Corporation (NYSE:CVX) Corporate Logo

Chevron Corp’s Sentiment

In 2017 Q4 Chevron Corp (NYSE:CVX) big money sentiment increased to 0.99, according to SEC filings. So its up 0.04, from 2017Q3’s 0.95. 730 hedge funds increased and opened new positions, while 737 sold and decreased their holdings in Chevron Corp so the sentiment is positive. Funds own 1.19 billion shares, up from 1.18 billion shares in 2017Q3. Funds holding Chevron Corp in top 10 changed to 134 from 133 for an increase of 1. In total 51 funds closed positions, 686 reduced and 608 increased. Also 122 funds bought new Chevron Corp stakes.

Most Chevron Corp Investors

As of 2017 Q4 Alleghany Corp De has 12.79% invested in Chevron Corp. As of 2017 Q4, 545,300 shares of Chevron Corp are owned by Adams Natural Resources Fund Inc.. Also, American Investment Services Inc. reported 192,092 shares in Chevron Corp equivalent to 8.79% of its stocks portfolio. Cortland Advisers Llc revealed 1.10 million shares position in Chevron Corp. The California-based fund Ar Asset Management Inc holds 119,048 shares or 5.74% of their stocks portfolio.

Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum activities worldwide.The firm is worth $246.76 billion. The firm operates in two divisions, Upstream and Downstream.26.62 is the P/E ratio. The Upstream segment is involved in the exploration, development, and production of natural gas and crude oil; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant.

CVX reached $129.13 during the last trading session after $0.61 change.Chevron Corporation has volume of 2.86M shares. Since May 16, 2017 CVX has risen 7.88% and is uptrending. The stock underperformed the S&P500 by 3.67%.

Earnings report for Chevron Corporation (NYSE:CVX) is anticipated on July, 27., RTT reports. This year’s earnings per share analyst estimate is anticipated to be $1.87. That is 105.49 % up compareed to $0.91 earnings per share for last year. If earnings per share of $1.87 is published the profit of CVX could reach $3.57 billion giving it 17.26 P/E. Wall Street forecasts -1.58 % negative EPS growth as of July, 27.

16,412 were accumulated by Signalpoint Asset Mgmt Lc. Somerset Gp Limited Liability accumulated 19,215 shs. Hanson Mcclain, California-based fund reported 37,232 shs. Bessemer Group stated it has 1.71 million shs or 0.83% of all its holdings. Sei Invests accumulated 596,970 shs or 0.26% of the stock. Commercial Bank Of Hawaii invested in 69,829 shs or 0.71% of the stock. Diker Mgmt Limited Liability Co, a New York-based fund reported 2,156 shs. Bright Rock Capital Mgmt Ltd Liability Corporation accumulated 77,000 shs. Aviva Plc stated it has 0.94% in Chevron Corporation (NYSE:CVX). Hrt Ltd Company reported 10,247 shs. Parthenon Limited Liability Co has invested 0.53% in Chevron Corporation (NYSE:CVX). Iberiabank Corporation reported 46,336 shs or 0.91% of all its holdings. Girard Partners Ltd has 28,361 shs. 21,989 are held by Oxbow Advsrs Limited Liability. Rothschild Asset Mngmt Incorporated invested in 0.98% or 740,850 shs.

Chevron Corporation registered $26.15 million net activity with 0 insider buys and 5 insider sales since April 17, 2018. On Monday, May 7 a trade for 12,000 shs valued at $1.54 million was made by Geagea Joseph C. On Monday, May 7 Shares for $16.64M were sold by Wirth Michael K.

Chevron Corporation (NYSE:CVX) Ratings Coverage

In total 15 analysts cover Chevron Corp (NYSE:CVX). “Buy” rating has 12, “Sell” are 0, while 3 are “Hold”. 80% are bullish. 30 are the (NYSE:CVX)’s analyst reports since December 1, 2017 according to StockzIntelligence Inc. On Wednesday, January 24 the firm earned “Overweight” rating by Morgan Stanley. On Tuesday, January 23 Credit Suisse maintained Chevron Corporation (NYSE:CVX) with “Hold” rating. On Thursday, January 18 the stock of Chevron Corporation (NYSE:CVX) has “Hold” rating given by HSBC. On Wednesday, March 7 the stock of Chevron Corporation (NYSE:CVX) has “Neutral” rating given by Credit Suisse. On Friday, April 13 RBC Capital Markets maintained the shares of CVX in report with “Hold” rating. On Wednesday, March 7 the company was upgraded by DZ Bank. On Monday, February 5 the company was maintained by Credit Suisse. In Friday, January 19 report Jefferies maintained it with “Buy” rating and $152.0 target. On Tuesday, February 6 the company was upgraded by Wells Fargo. On Monday, December 11 Credit Suisse initiated Chevron Corporation (NYSE:CVX) with “Hold” rating.

For more Chevron Corporation (NYSE:CVX) news posted briefly go to: Seekingalpha.com, Seekingalpha.com, Investorplace.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Chevron: I Was Wrong” posted on May 07, 2018, “Chevron 2018 Turns Into A Cash Machine” on May 03, 2018, “Use Cautious Optimism With Chevron Corporation Stock Right Now” with a publish date: May 15, 2018, “Chevron Impresses In The Permian” and the last “Chevron: Buy The Breakout” with publication date: April 17, 2018.

Chevron Corporation (NYSE:CVX) Institutional Investors Chart

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