New York State Common Retirement Fund Stake in Chevron Corporation (CVX) Decreased

May 16, 2018 - By Russell Jones

Chevron Corporation (NYSE:CVX) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 0.99. That’s change of 0.04, from 2017Q3’s 0.95. 51 investors sold all, 686 reduced holdings as CVX ratio improved. 608 increased stakes while 122 funds bought stakes. Funds hold 1.19 billion shares thus 0.58% more from 2017Q3’s 1.18 billion shares. Delta Mgmt Limited Liability holds 0.19% or 2,470 shs in its capital. Colorado-based Obermeyer Wood Investment Counsel Lllp has invested 0.1% in Chevron Corporation (NYSE:CVX). Harvey Invest Co Lc owns 17,549 shs for 0.4% of their capital. Calamos Wealth Ltd Liability Corporation holds 0.98% or 60,583 shs in its capital. Westwood Group Inc reported 749,738 shs. Point72 Asia (Hong Kong) Ltd invested 0% of its capital in Chevron Corporation (NYSE:CVX). Todd Asset Ltd Limited Liability Company owns 13,597 shs. Institute For Wealth Mngmt Lc reported 0.4% of its capital in Chevron Corporation (NYSE:CVX). Mendel Money Management invested in 2.64% or 21,944 shs. Loeb Ptnrs invested in 19,150 shs. Bristol John W And Inc invested 0.01% of its capital in Chevron Corporation (NYSE:CVX). 182,156 are held by New Mexico Educational Retirement Board. 18,430 were accumulated by Reynders Mcveigh Cap Mgmt Ltd Liability. Cornercap Invest Counsel Inc reported 48,562 shs. Mycio Wealth Prns Ltd Limited Liability Company, a Pennsylvania-based fund reported 8,480 shs.

CVX registered $26.15 million net activity with 0 buys and 5 insider sales since April 17, 2018. The insider Pate R. Hewitt sold 25,500 shs worth $3.31M. Wirth Michael K had sold 130,000 shs worth $16.64 million.

According to 2017Q4 Securities and Exchange form the New York State Common Retirement Fund reduced its holdings in Chevron Corporation (CVX) by 1.22%. The company’s stock sank 8.26% while New York State Common Retirement Fund sold 66,460 shares. At the end of 2017Q4, the 5.36 million shares of the integrated oil company held by the institutional investor were valued at $671.33M, down from 5.43 million at the end of the previous reported quarter. $246.70B is Chevron Corporation’s MC. CVX is hitting $129.096 during the last trading session, after decreased 0.50%.Chevron Corporation has volume of 2.99M shares. Since May 16, 2017 CVX has risen 7.88% and is uptrending. CVX underperformed the S&P500 by 3.67%.

New York State Common Retirement Fund operates about $83.07 billion US Long portfolio. Its stake in Esperion Therapeutics Inc (NASDAQ:ESPR) was rose by 54,372 shares to 70,272 shares valued at $4.63 million in 2017Q4, according to the filing. New York State Common Retirement Fund has risen its stake in Helmerich & Payne (NYSE:HP) and also increased its holding in Sanmina Corp (NASDAQ:SANM) by 351,971 shares in the quarter, for a total of 803,243 shares.

Earnings report for Chevron Corporation (NYSE:CVX) is expected on July, 27., Faxor reports. Analysts predict $1.87 earnings per share. That’s $0.96 up or 105.49 % from 2017’s earnings of $0.91. If $1.87 is reported, CVX’s profit will reach $3.57B for 17.26 P/E. -1.58 % negative EPS growth is what analysts predict. $1.90 earnings per share was announced for previous quarter.

For more Chevron Corporation (NYSE:CVX) news published recently go to: Investorplace.com, 247Wallst.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Use Cautious Optimism With Chevron Corporation Stock Right Now” published on May 15, 2018, “Crude Oil Price Narrows Loss as Inventory Slides” on May 16, 2018, “Chevron 2018 Turns Into A Cash Machine” with a publish date: May 03, 2018, “Chevron: I Was Wrong” and the last “Chevron Impresses In The Permian” with publication date: May 11, 2018.

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 May 16, 2018 according to StockzIntelligence. On Monday, February 5 the stock has “Buy” rating by Jefferies. On Tuesday, January 23 Piper Jaffray maintained the shares of CVX in report with “Buy” rating. The company rating was upgraded by Bank of America on Wednesday, February 28. On Tuesday, February 6 the stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given by Wells Fargo. On Thursday, December 21 the rating was maintained by Cowen & Co with “Buy”. On Friday, January 19 the company was maintained by Jefferies. On Thursday, January 4 Bank of America downgraded the shares of CVX in report to “Hold” rating. The stock rating was downgraded by HSBC to “Hold” on Thursday, January 18. On Sunday, April 22 the stock has “Buy” rating by Piper Jaffray. On Friday, February 9 the firm earned “Sector Perform” rating by RBC Capital Markets.

Chevron Corporation (NYSE:CVX) Institutional Investors Chart

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