Economy

Kornitzer Capital Management Inc. KS Reduces Stake in Chevron Corporation (CVX)

Kornitzer Capital Management Inc. KS Reduces Stake in Chevron Corporation (CVX)”

Winslow Evans And Crocker Inc invested 0% in Chevron Corporation (NYSE:CVX). RPg Family Wealth Advisory LLC now owns 1,058 shares of the company's stock valued at $101,000 after buying an additional 134 shares in the last quarter. The net liquids component of oil-equivalent production increased 5 percent to 1.19 million barrels per day in the 2017 third quarter, while net natural gas production increased 25 percent to 5.05 billion cubic feet per day. Daiwa SB Investments Ltd. lifted its holdings in Chevron Corporation by 438.5% in the second quarter. Everett Harris & Company acquired 4,229 shares as Chevron Corporation (CVX)'s stock declined 3.45%. Carnick & Kubik LLC bought a new stake in Chevron Corp. during the first quarter valued at about $188,000. New Capital Management LP now owns 1,455 shares of the oil and gas company's stock valued at $156,000 after acquiring an additional 4 shares in the last quarter. Finally, Terril Brothers Inc. lifted its holdings in Chevron Corporation by 5.4% in the second quarter. The overall volume in the last trading session was 2 million shares. The shares were sold at an average price of $98.77, for a total transaction of $2,074,170.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Pierre R. Breber sold 21,000 shares of the stock in a transaction that occurred on Tuesday, August 2nd. A lower P/B ratio could mean that the stock is undervalued. Following the completion of the sale, the vice president now owns 25,500 shares of the company's stock, valued at approximately $3,060,000. The disclosure for this sale can be found here.

Montgomery Investment Management Inc decreased its stake in Chevron Corporation (CVX) by 12.48% based on its latest 2017Q2 regulatory filing with the SEC. Truenorth owns 0.5% invested in Chevron Corporation (NYSE:CVX) for 9,980 shares. Sumitomo Life Insurance owns 1.06% invested in Chevron Corporation (NYSE:CVX) for 77,723 shares. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and global copyright laws. The correct version of this report can be viewed at https://www.truebluetribune.com/2017/10/27/chevron-corporation-cvx-stock-rating-lowered-by-vetr-inc.html.

This Wednesday, May 3, 2017, photo shows a a sign with gas prices at a Chevron station in Miami. The stock of Chevron Corporation (NYSE:CVX) has "Buy" rating given on Wednesday, December 2 by Citigroup. J P Morgan Chase & Co reaffirmed an overweight rating on shares of Chevron Corporation in a research report on Saturday, September 16th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have given a buy rating to the stock. Vetr now has $124.92 target price on the oil and gas company's stock.

SAN RAMON, Calif. (AP) - Chevron Corp. The company has market cap of $1.40 billion. The firm's 50-day moving average price is $116.86 and its 200-day moving average price is $108.94. Atlanta Grp reported 0.31% of its portfolio in Chevron Corporation (NYSE:CVX). Chevron Corporation had 89 analyst reports since August 4, 2015 according to SRatingsIntel.

The oil company posted revenue of $36.21 billion in the period, also topping Street forecasts. The company reported ($0.78) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $1.10. Chevron Corporation's quarterly revenue was up 17.8% compared to the same quarter past year. On average, equities analysts predict that Chevron Corporation will post $4.07 earnings per share for the current year. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.65%. Chevron Corporation's dividend payout ratio (DPR) is presently 140.26%.



Like this

Latest


27 October 2017
Nielsen NV (NLSN) Announces Quarterly Earnings Results, Misses Expectations By $0.26 EPS
Nielsen Holdings plc (NYSE: NLSN ) shares were trading lower by -0.6 percent ($-0.25) at $41.13 a piece in Tuesday's session. Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not.

27 October 2017
The Zacks Investment Research Lowers Verizon Communications Inc. (VZ) to Sell
Therefore 64% are positive. "(VZ) Earns "Hold" Rating from Macquarie" was originally reported by BBNS and is owned by of BBNS. Moffett Nathanson reaffirmed a buy rating on shares of Verizon Communications in a research report on Thursday, October 12th.

27 October 2017
PGGM Investments Lowers Position in The Goodyear Tire & Rubber Company (GT)
ValuEngine lowered The Goodyear Tire & Rubber from a "strong-buy" rating to a "buy" rating in a report on Friday, July 28th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.05).

27 October 2017
Regular marijuana use linked to more sex, Stanford study finds
He assumed that smoking cannabis was like smoking tobacco, which is known to interfere with sexual performance. In other words, pot users are having about 20 percent more sex than pot abstainers, Eisenberg noted.

27 October 2017
Rose McGowan to Speak at Women's Convention in Detroit
He sued his former company on Thursday, seeking access to email and personnel records his lawyer contends would exonerate him. On Twitter, McGowan has amassed supporters and urged on them to call out harassment using the (hash) RoseArmy hashtag.

27 October 2017
The Short Interest in Exact Sciences Corp. (EXAS) Expands By 6.4%
Stonerise Capital Management Llc bought 80,000 shares as the company's stock declined 19.70% while stock markets rallied. Sanctuary Wealth Advsr Limited Liability Corporation owns 103,849 shares. 149,811 were accumulated by Wells Fargo Mn.

27 October 2017
Japan teen 'forced to dye hair black' for school
It is being reported that she says the dye damaged her hair and her scalp. Reports say the girl has not attended school since September past year .

27 October 2017
Analysts See $1.22 EPS for Norbord Inc (OSB)
Strs Ohio holds 2.83% or 4.41M shares in its portfolio. $6.92 million worth of Apple Inc. (NASDAQ:AAPL) on Tuesday, May 23. Commonwealth Bancorporation Of holds 0.02% of its portfolio in Trinity Industries Inc (NYSE:TRN) for 68,700 shares.

27 October 2017
Hamas Security Chief in Gaza Survives Assassination Attempt
Hamas has controlled Gaza since 2007 when it ousted forces of Palestinian President Mahmoud Abbas leaving Palestinians divided. Iyad Al -Bazem added that Abu Na'im auto was blown up at the entrance to Nuseirat refugee camp in the central Gaza Strip.

27 October 2017
Trump responds to Calif. billionaire urging impeachment
Al Green of Texas and Brad Sherman of California have each introduced articles of impeachment in the House. Despite Steyer's efforts, the chances of Trump being impeached are slim.



Recommended