Big Money Sentiment About Chevron Corp (NYSE:CVX) Up to 0.99

May 16, 2018 - By Norman Soto

Chevron Corporation (NYSE:CVX) Corporate Logo

Chevron Corp’s Sentiment

In 2017 Q4 Chevron Corp (NYSE:CVX) big money sentiment increased to 0.99, SEC.gov filings reveal. So its up 0.04, from 2017Q3’s 0.95. 730 institutional investors started new and increased stock positions, while 737 sold and reduced positions 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 increased from 133 to 134 for an increase of 1. In total 51 funds closed positions, 686 reduced and 608 increased. Also 122 funds bought new Chevron Corp stakes.

Significant Chevron Corp Shareholders

Alleghany Corp De owns 3.44 million shares in Chevron Corp as of 2017 Q4. As of 2017 Q4, 545,300 shares of Chevron Corp are owned by Adams Natural Resources Fund Inc.. American Investment Services Inc. reported 192,092 shares. The Delaware-based fund Cortland Advisers Llc have invested about 6.32% of the investment professional’s stock portfolio in Chevron Corp. The California-based fund Ar Asset Management Inc holds 119,048 shares or 5.74% of their equity exposure.

Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum activities worldwide.The firm is valued at $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.

The stock decreased 0.47% or $0.61 during the last trading session, reaching $129.13.Chevron Corporation has volume of 2.86 million shares. Since May 16, 2017 CVX has risen 7.88% and is uptrending. CVX underperformed by 3.67% the S&P 500.

Earnings report for Chevron Corporation (NYSE:CVX) is expected on July, 27., according to RTT. Analysts forecast $1.87 earnings per share. That’s $0.96 up or 105.49 % from 2017’s earnings of $0.91. If reported the P/E will be 17.26 with $3.57 billion profit. Wall Street now predicts -1.58 % negative EPS growth despite Chevron Corporation last quarter’s EPS of $1.90.

Bangor National Bank & Trust reported 21,181 shs stake. Schaller Inv Gp accumulated 4,027 shs or 0.25% of the stock. Douglass Winthrop Advisors Ltd Com invested in 91,024 shs. Field And Main Savings Bank holds 1.45% of its capital in Chevron Corporation (NYSE:CVX) for 12,098 shs. Centurylink Management holds 28,630 shs or 1.27% of its capital. Laurion Capital Mgmt L P holds 0.01% or 8,290 shs. 274,580 were reported by Umb Bancorporation N A Mo. Fishman Jay A Ltd Mi reported 8,637 shs stake. Foster And Motley accumulated 53,465 shs. Amg Trust Financial Bank owns 5,985 shs for 0.05% of their capital. First Wilshire Securities stated it has 2,590 shs or 0.09% of all its holdings. Phocas Fincl Corporation holds 7,512 shs. David R Rahn & Assocs owns 1,658 shs. Peoples Finance Svcs Corporation invested in 1.3% or 18,974 shs. Hemenway Trust Co Ltd Liability Company has 57,750 shs.

Chevron Corporation registered $26.15 million net activity with 0 insider buys and 5 selling transactions since April 17, 2018. On Wednesday, May 9 Pate R. Hewitt sold $3.31M worth of Chevron Corporation (NYSE:CVX). On Monday, May 7 Wirth Michael K had sold 130,000 shs worth $16.64 million.

Chevron Corporation (NYSE:CVX) Ratings Coverage

A total of 15 analysts rate Chevron Corp (NYSE:CVX) as follows: 12 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 80% are bullish. (NYSE:CVX) has 30 ratings reports on 16 May 2018 according to StockzIntelligence. On Monday, April 30 Credit Suisse maintained Chevron Corporation (NYSE:CVX) with “Neutral” rating. On Friday, April 13 the firm has “Hold” rating by RBC Capital Markets given. On Tuesday, February 6 the firm has “Buy” rating by Wells Fargo given. On Monday, February 5 the stock has “Buy” rating by Piper Jaffray. In Tuesday, January 23 report Piper Jaffray maintained it with “Buy” rating and $153.0 target. On Thursday, January 11 BMO Capital Markets upgraded the shares of CVX in report to “Buy” rating. On Tuesday, January 30 the company was maintained by RBC Capital Markets. The company rating was maintained by Jefferies on Monday, February 5. The stock rating was maintained by Scotia Capital with “Buy” on Thursday, December 21. On Friday, February 9 the stock of Chevron Corporation (NYSE:CVX) has “Sector Perform” rating given by RBC Capital Markets.

For more Chevron Corporation (NYSE:CVX) news brought out briefly go to: Benzinga.com, 247Wallst.com, 247Wallst.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Energy Sector Earns An Upgrade” brought out on May 16, 2018, “How Higher Prices and Production Lifted Chevron Earnings” on April 27, 2018, “Crude Oil Price Narrows Loss as Inventory Slides” with a publish date: May 16, 2018, “Chevron 2018 Turns Into A Cash Machine” and the last “Chevron: Buy The Breakout” with publication date: April 17, 2018.

Chevron Corporation (NYSE:CVX) Institutional Investors Chart

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