Crazy Volume Spikes for: Chevron Corporation (NYSE:CVX)
- Author: Zachary Reyes Feb 11, 2017,
Feb 11, 2017, 9:17
ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business.
Chevron Corporation (CVX) is slated to announce its fiscal Q1 earnings on Friday, Apr 28, 2017. The Hedge Fund company now holds 5,790 shares of CVX which is valued at $654,154. Vanguard Group Inc. increased its position in shares of Chevron Corp.by 2.3% in the second quarter. The firm owned 53,051 shares of the company's stock after selling 673 shares during the period. Victory Capital Management Inc. raised its stake in Chevron Corporation by 886.6% in the third quarter. Its sales stood at -14.70% a year on average in the period of last five years. Finally, LSV Asset Management raised its stake in Chevron Corporation by 12.4% in the third quarter. Voloridge Investment Management LLC acquired a new stake in Chevron Corporation during the second quarter worth $104,788,000. The Hedge Fund company now holds 55,592 shares of CVX which is valued at $6,469,797. The number of shares now owned by investors are 466.46 mln. John S. Watson is one of the biggest insider owners in Chevron Corporation (NYSE:CVX), according to U.S. Securities and Exchange Commission (SEC) filings. The Stock now has the market capitalization of $208.11 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 1.47% and monthly volatility of 1.25% respectively. The stock is now moving above its 20-Day Simple Moving Average of -3.21% with the 50-Day Simple Moving Average of -3.21 percent. These analysts have also projected a Low Estimate of $0.31/share and a High Estimate of $1.33/share.
Chevron Corporation (NYSE:CVX) will report its next earnings on April 27 - May 1 (Est.). The company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by $0.42. The Return on Equity (ROE) value stands at 0%. During the same quarter in the previous year, the company earned ($0.31) earnings per share. Chevron Corporation's revenue for the quarter was up 7.7% compared to the same quarter past year.
These analysts also forecasted Growth Estimates for the Current Quarter for CVX to be 918.2%. Stockholders of record on Thursday, February 16th will be issued a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 3.88%. The ex-dividend date of this dividend is Tuesday, February 14th. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. If you are viewing this story on another website, it was illegally stolen and republished in violation of USA and worldwide copyright & trademark legislation. The correct version of this piece can be viewed at https://sportsperspectives.com/2017/02/10/birch-hill-investment-advisors-llc-has-2405000-position-in-chevron-corporation-cvx.html.
Some buy side analysts are also providing their Analysis on Chevron Corporation, where 7 analysts have rated the stock as Strong buy, 11 analysts have given a Buy signal, 8 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. J P Morgan Chase & Co reiterated an "overweight" rating on shares of Chevron Corporation in a research note on Monday, December 12th.
Price Target plays a critical role when it comes to the Analysis of a Stock. The median one-year price target of 24 analysts covering the company is $126.50, which suggests the stock could still rise over 12 percent. Finally, Jefferies Group LLC reiterated a "buy" rating on shares of Chevron Corporation in a research report on Wednesday, January 18th. LSV Asset Management now owns 5,345,140 shares of the company's stock worth $550,121,000 after buying an additional 588,026 shares in the last quarter. The company now has an average rating of "Buy" and an average price target of $110.81.
In related news, insider Pierre R. Breber sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, November 17th. The Hedge Fund company now holds 15,200 shares of CVX which is valued at $1,693,128.