Big Money’s Pro-Chevron Corp (NYSE:CVX) Sentiment In 2017 Q4, now at 0.99

May 16, 2018 - By Patrick Harkless

Chevron Corporation (NYSE:CVX) Corporate Logo

Chevron Corp’s Sentiment

“Big money sentiment for Chevron Corp (NYSE:CVX) in Q4 2017 increased to 0.99, revealed SEC filings. So its up 0.04, from 2017Q3’s 0.95. 730 active investment managers increased and started new equity positions, while 737 reduced and sold equity positions in Chevron Corp so the sentiment has increased. These funds own 1.19 billion shares, that’s 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. 51 Investors Sold All; 686 Reduced Holdings; 608 increased holdings while 122 active investment managers bought holdings.

Biggest Chevron Corp Investors

Alleghany Corp De owns 3.44 million shares in Chevron Corp as of Q4 2017. As of Q4 2017, 545,300 shares of Chevron Corp are owned by Adams Natural Resources Fund Inc.. Moreover, American Investment Services Inc. reported 192,092 shares in Chevron Corp equivalent to 8.79% of its stock exposure. The Delaware-based fund Cortland Advisers Llc have invested about 6.32% of the institutional investor’s stock portfolio in Chevron Corp. The California-based fund Ar Asset Management Inc looks positive on Chevron Corp, owning 119,048 shares.

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.The P/E ratio is 26.62. 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 hit $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%.

On July, 27 is anticipated Chevron Corporation (NYSE:CVX)’s earnings report, Faxor reports. The EPS diference is $0.96 or 105.49 % up from last years number. Previous year: $0.91; Analysts forcast: $1.87. In case of $1.87 EPS CVX’s profit could be $3.57 billion. Last quarter $1.90 EPS was reported. Analysts sees -1.58 % negative EPS growth this quarter.

Motco holds 0.92% or 73,102 shs. 22,677 are owned by First Foundation Advisors. Ngam Limited Partnership has invested 0.42% in Chevron Corporation (NYSE:CVX). Natl Mutual Federation Of Agricultural Cooperatives accumulated 0.06% or 28,600 shs. Greystone Invest Lc stated it has 2,100 shs or 0.12% of all its holdings. Tower Cap Ltd Limited Liability Company (Trc) has 24,524 shs for 0.4% of their capital. Acg Wealth owns 0.26% invested in Chevron Corporation (NYSE:CVX) for 13,827 shs. King Wealth Grp Limited reported 0.81% stake. 1St Source Commercial Bank has invested 0.68% of its capital in Chevron Corporation (NYSE:CVX). Vigilant Cap Mngmt Limited Liability holds 0.11% or 6,925 shs. Wharton Business Gru Ltd Llc reported 15,046 shs. Greenwood Gearhart reported 2.58% stake. Stadion Money Mngmt Ltd Company holds 0.06% of its capital in Chevron Corporation (NYSE:CVX) for 15,585 shs. Sterling Global Strategies Limited Liability invested 1.32% of its capital in Chevron Corporation (NYSE:CVX). Sandhill Cap Prtn Llc invested in 4,578 shs.

Chevron Corporation had 5 insider sales and 0 insider buys since April 17, 2018. This’s net activity of $26.15 million. On Monday, May 7 130,000 shs were sold by Wirth Michael K, worth $16.64 million. The insider Pate R. Hewitt sold 25,500 shs worth $3.31 million.

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”. (NYSE:CVX) has 80% bullish analysts. 30 are the (NYSE:CVX)’s ratings reports on 16 May 2018 according to StockzIntelligence Inc. On Tuesday, January 23 the firm has “Buy” rating by Piper Jaffray given. On Wednesday, January 24 the firm has “Overweight” rating given by Morgan Stanley. On Wednesday, December 20 the stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given by Jefferies. In Friday, April 13 report RBC Capital Markets maintained it with “Hold” rating and $13000 target. In Friday, February 2 report Societe Generale upgraded the stock to “Buy” rating. In Thursday, December 21 report Cowen & Co maintained it with “Buy” rating and $160.0 target. The stock rating was upgraded by DZ Bank to “Buy” on Wednesday, March 7. On Wednesday, December 20 RBC Capital Markets maintained Chevron Corporation (NYSE:CVX) rating. RBC Capital Markets has “Sell” rating and $110.0 target. On Monday, December 11 the firm has “Hold” rating by Credit Suisse given. On Thursday, January 4 the stock has “Hold” rating by Bank of America.

For more Chevron Corporation (NYSE:CVX) news released briefly go to: Seekingalpha.com, Seekingalpha.com, 247Wallst.com, Seekingalpha.com or 247Wallst.com. The titles are as follows: “Chevron: Buy The Breakout” released on April 17, 2018, “Chevron: I Was Wrong” on May 07, 2018, “Crude Oil Price Narrows Loss as Inventory Slides” with a publish date: May 16, 2018, “When Football Players Practice Ballet: Chevron Stays On Its Toes In The Permian” and the last “How Higher Prices and Production Lifted Chevron Earnings” with publication date: April 27, 2018.

Chevron Corporation (NYSE:CVX) Institutional Investors Chart

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