Published: Tue, October 10, 2017
Finance | By Loren Pratt

Woodstock Corp Raises Position in Chevron Corporation (CVX)


Comparatively, Chevron Corporation posted earnings of $1.33 per share in the same quarter previous year. The stock declined 1.37% or $1.63 reaching $116.95 per share. Meanwhile, due to a recent pullback which led to a fall of nearly -6.65% in the past one month, the stock price is now with underperforming -39.72% so far on the year - still in weak zone. Finally, Janney Montgomery Scott LLC lifted its holdings in Chevron Corporation by 7.7% during the 1st quarter. As of the end of the quarter Exane Asset Management had disposed of a total of 8,037 shares trimming its position 26.8%. Guardian Investment holds 4.07% in Chevron Corporation (NYSE:CVX) or 35,333 shares. Beddow Cap Mngmt Inc invested 0.66% in Chevron Corporation (NYSE:CVX). Strategic Financial Group LLC raised its position in Chevron Corporation by 6.0% in the first quarter. The value of the investment in (CVX) increased from $20,209,000 to $21,335,000 a change of 5.6% quarter to quarter.

Here are a few institutional investors who have updated their positions.

In related news, insider James William Johnson sold 31,000 shares of the stock in a transaction on Wednesday, August 2nd. Following the completion of the transaction, the insider now directly owns 11,000 shares in the company, valued at approximately $1,217,480. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

The consensus analysts recommendation at this point stands at 2.20 on this stock. The disclosure for this sale can be found here. Insiders have sold a total of 72,312 shares of company stock valued at $8,008,343 in the last three months.

Several research analysts recently issued reports on CVX shares. The value of the investment in CVX decreased from $5,045,000 to $4,699,000 a change of $346,000 for the reporting period. On July 21 Citigroup kept the stock rating at "Buy" and raised the price expectation to $118.00 from $110.00. Finally, BidaskClub lowered shares of Chevron Corporation from a "sell" rating to a "strong sell" rating in a research report on Friday, June 23rd. The stock has "Buy" rating by Jefferies on Tuesday, October 3.

09/19/2017 - Chevron Corporation had its "buy" rating reiterated by analysts at Goldman Sachs. Chevron Corporation (NYSE:CVX) has risen 6.68% since October 6, 2016 and is uptrending.

The stock last traded at $117.03 barely above $112.88, the 50 day moving average and a bit higher than the 200 day moving average of $107.92. Moreover, Salem Cap Mngmt Inc has 0.55% invested in Chevron Corporation (NYSE:CVX) for 9,350 shares.

The Price to book ratio is the current share price of a company divided by the book value per share.

The company is now up since yesterday's close of 117.45. This represents an increase of 100% compared to the average daily volume of 4,703 call options.


Chevron Corporation (NYSE:CVX) closed its last session at $118.58.

While looking at the Stock's Performance, Chevron Corporation now shows a Weekly Performance of -0.4%, where Monthly Performance is 4.68%, Quarterly performance is 13.58%, 6 Months performance is 7.51% and yearly performance percentage is 14.53%.

In case of Revenue Estimates, 6 analysts have provided their consensus Average Revenue Estimates for Chevron Corporation as 34.39 Billion. The firm's quarterly revenue was up 17.8% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.78) earnings per share.

09/14/2017 - Chevron Corporation had its "overweight" rating reiterated by analysts at JP Morgan. Chevron Corporation also announced a dividend for shareholders paid on Monday the 12th of June 2017. A stock with a beta more than 1 means high volatile and less than 1 means low volatile. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. The ex-dividend date is Wednesday, May 17th.

Now, since Chevron Corporation is heavily affected by something outside of their control, potentially, you want to ensure Chevron Corporation is in good health.

Shares of Chevron (NYSE:CVX) opened at 106.52 on Friday. If you are accessing this article on another domain, it was stolen and republished in violation of United States & global copyright & trademark legislation.

The market capitalization of Chevron Corporation is at $224.94 Billion.

Chevron Corporation (Chevron), launched on January 27, 1926, manages its investments in subsidiaries and affiliates, and provides administrative, financial, management and technology support to the United States and worldwide subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream.

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