Chevron Corporation (NYSE:CVX): A Detailed Look at its Institutional Ownership
- Author: Salvatore Jensen Jun 16, 2017,
Jun 16, 2017, 21:52
The Company's divisions include QCT (Qualcomm CDMA Technologies), QTL (Qualcomm Technology Licensing) and QSI (Qualcomm Strategic Initiatives).
Qv Investors Inc decreased Chevron Corp (CVX) stake by 12.32% reported in 2016Q4 SEC filing. The Avalon Global Asset Management Llc holds 41,670 shares with $3.76 million value, up from 35,000 last quarter. Chevron Corp New now has $198.30 billion valuation. Rhumbline Advisers invested in 3.22 million shares. (NASDAQ:MVIS) to report earnings on July, 27. For the outlook of the current financial quarter, Analysts think the firm will post 1.04 earnings per share. QCOM's profit will be $1.00B for 20.76 P/E if the $0.68 EPS becomes a reality. Sterling Management Ltd Liability reported 0.07% of its portfolio in Applied Materials, Inc. About 180,183 shares traded. ICU Medical, Incorporated (NASDAQ:ICUI) has risen 61.84% since June 16, 2016 and is uptrending. It has underperformed by 7.39% the S&P500. Moving over to the consensus broker rating, we see the number is 2.10. The lowest target is $59.0 while the high is $75.0. This company shares are 14.08% off its target price of $123.35 and the current market capitalization stands at $204.41B. QCOM was included in 13 notes of analysts from September 6, 2016. The stock has "Neutral" rating by Credit Suisse on Wednesday, March 9. The stock of Applied Materials, Inc. The stock rose 1.15% or $1.22 reaching $107.55 per share. The rating was downgraded by CLSA to "Underperform" on Monday, January 23. RBC Capital Markets has "Sector Perform" rating and $90 target. Chevron Corporation makes up 1.6% of OLD Second National Bank of Aurora's portfolio, making the stock its 16th largest position. The firm earned "Neutral" rating on Monday, August 3 by UBS.
Since May 15, 2017, it had 1 insider purchase, and 0 sales for $2.15 million activity. BlackRock Inc. now owns 122,703,127 shares of the oil and gas company's stock worth $13,174,633,000 after buying an additional 118,446,111 shares during the last quarter. The stock sank -0.23% last month and is up 5.25 this year. Look at its top three institutional owners. Parus Finance (Uk) Ltd, a United Kingdom-based fund reported 538,010 shares.
Investors sentiment increased to 1.14 in 2016 Q4. Its up 1.21, from 0.54 in 2016Q3.
Covering sell-side analysts have recently weighed in on shares of Chevron Corporation (NYSE:CVX). 207 funds opened positions while 479 raised stakes. (NYSE:RSG). Aberdeen Asset Public Ltd Co Uk has 0.04% invested in Republic Services, Inc. Fruth Invest Mgmt reported 31,354 shares stake. Schwartz Investment Counsel owns 39,850 shares for 0.16% of their portfolio. 68,607 are held by Wasatch Advisors.
Concorde Asset Management Llc decreased its stake in Chevron Corp New (CVX) by 78.45% based on its latest 2016Q4 regulatory filing with the SEC.
Chevron Corporation (NYSE:CVX) opened at 106.80 on Tuesday. Alpine Woods Cap Limited Liability Company accumulated 0.62% or 94,886 shares. Tudor Et Al reported 0.21% of its portfolio in Bank of America Corp (NYSE:BAC). Moreover, Boyar Asset Management Inc has 1.45% invested in Citigroup Inc (NYSE:C). Goldman Sachs Grp Inc invested 0% of its portfolio in SunCoke Energy Partners LP (NYSE:SXCP). Nadler Financial Gru holds 0.27% or 6,200 shares in its portfolio. The insider Breber Pierre R sold 45,000 shares worth $5.03M. It improved, as 6 investors sold SXCP shares while 10 reduced holdings. Forese James A. sold $3.30 million worth of stock or 55,436 shares. Shares for $1.93M were sold by GRIEDER DANIEL. After this sale, 36,258 common shares of CVX are directly owned by the insider, with total stake valued at $3,920,578. It also upped Lockheed Martin Corp Com (NYSE:LMT) stake by 19,131 shares and now owns 84,720 shares. Wisdomtree Midcap Dividend Fun (DON) was raised too. An RSI reading above 80 indicates that a stock is overbought while anything below 20 is oversold. Therefore 50% are positive. Simmons lowered their price objective on Chevron Corporation from $129.00 to $124.00 and set an overweight rating for the company in a research report on Wednesday, April 19th. The company was upgraded on Monday, November 30 by Guggenheim. Scotiabank set a $114.00 target price on Chevron and gave the company a "buy" rating in a report on Monday, March 27th. The firm earned "Neutral" rating on Friday, December 16 by Wedbush. Credit Agricole initiated Chevron Corporation (NYSE:CVX) on Tuesday, December 15 with "Outperform" rating. Bank of America had 62 analyst reports since July 21, 2015 according to SRatingsIntel. During the same quarter in the prior year, the business earned ($0.39) earnings per share.