Other hedge funds also recently modified their holdings of the company. Boston Partners acquired a new position in shares of Chevron during the third quarter worth $736,167,000. CA boosted its stake in shares of Chevron by 68.3% in the third quarter. Peddock Capital Advisors LLC now owns 61,064 shares of the oil and gas company's stock worth $6,285,000 after buying an additional 439 shares during the period.
Looking about the past performance history, the company plunged -4.35% in past week and declined -3.19% in one month. Finally, Marietta Wealth Management LLC bought a new position in Chevron during the fourth quarter valued at $1,925,000. Winfield Associates Inc. now owns 1,151 shares of the oil and gas company's stock valued at $118,000 after buying an additional 17 shares during the period. Flinton Capital Management LLC purchased a new position in Chevron during the fourth quarter valued at $37,814,000.
HCR Wealth Advisors acquired a new position in Chevron Co. (NYSE:CVX) during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 19,750 shares of the oil and gas company's stock after selling 8,708 shares during the period.
Denuncia Rusia manipulaciones políticas en la OPAQ
Derechos de autor de la imagen AFP Image caption EE.UU. hizo pública esta imagen de un misil disparado desde uno de sus barcos en el Mediterráneo.
In 4Q16, CVX's revenue missed Wall Street analysts' consensus estimate.
Chevron Co. has a 52-week low of $95.52 and a 52-week high of $119.00. (NYSE:CVX) traded up 0.95% during trading on Thursday, hitting $105.22. The stock's price moved down its 200-day moving average of $110.32. The company's market cap is $197.32 billion. Chevron had a negative net margin of 0.43% and a positive return on equity of 1.26%. The company earned $31.50 billion during the quarter, compared to the consensus estimate of $35.24 billion. During the same quarter previous year, the business posted ($0.31) earnings per share. The company's revenue for the quarter was up 7.7% on a year-over-year basis. On average, equities research analysts anticipate that Chevron Co. will post $4.53 earnings per share for the current year.
A number of research firms have commented on CVX. Further, analysts have a 12 month target price of $126.55 on company shares. Cpcm LLC purchased a new position in Chevron during the fourth quarter valued at $3,496,000. Simmons restated an "overweight" rating and issued a $124.00 price target (down previously from $129.00) on shares of Chevron in a research report on Wednesday. Vetr upgraded Chevron from a "buy" rating to a "strong-buy" rating and set a $120.46 price objective on the stock in a report on Friday, April 14th. ABR value is precisely based on brokerage recommendations, where out of 15 brokerage recommendations 9 rate Chevron Corporation (NYSE:CVX) stock a Strong Buy, 2 rate the stocks of the company a Buy, 4 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Wells Fargo & Co reissued a "market perform" rating on shares of Chevron in a research report on Sunday, January 29th.
Shania Twain 'peed herself' during first stage gig
It was a huge leap of courage for me to do this alone and I knew I was going to be carrying the weight of it alone, too. In addition to joining The Voice as a mentor, Twain will headline this year's Stagecoach Festival.
In other news, insider Pierre R. Breber sold 45,000 shares of the company's stock in a transaction dated Thursday, February 2nd.
University of MI professor and noted insider trading researcher, Nejat Seyhun, discovered that when insiders bought shares of their own companies, the stocks outperformed the total market by 8.9% over the following year while when they sold shares, the stock underperformed 5.4% over the same period. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Senators reject proposal to cut taxes in road-funding bill
Under the Senate proposal, the local cities and municipalities could opt into the program or create their own. The committee will review the bill and can offer amendments .