Montag A & Associates INC Stake in Chevron Texaco Corp (CVX) Decreased by $3.27 Million; Shares Rose

June 27, 2018 - By Maria Fierro

Chevron Corporation (NYSE:CVX) Corporate LogoDuring 2018 Q1 the big money sentiment decreased to 0.9. That’s change of 0.09, from 2017Q4’s 0.99. 55 investors sold all, 718 reduced holdings as CVX ratio worsened. 579 grew stakes while 114 funds amassed stakes. Funds hold 1.19 billion shares thus 0.11% more from 2017Q4’s 1.19 billion shares. Marshwinds Advisory Com owns 1.18% invested in Chevron Corporation (NYSE:CVX) for 21,683 shs. Kessler Invest Grp Inc Ltd Liability Company reported 2.15% of its capital in Chevron Corporation (NYSE:CVX). Stratos Wealth Limited reported 44,761 shs or 0.21% of all its holdings. Fca Corp Tx reported 0.12% of its capital in Chevron Corporation (NYSE:CVX). 6,066 are owned by Bsw Wealth Partners. 30,372 were accumulated by Taurus Asset Limited Liability Corp. Gould Asset Mngmt Ltd Liability Corp Ca reported 1,905 shs. Opus Capital Grp Ltd Liability Corp reported 0.16% of its capital in Chevron Corporation (NYSE:CVX). Haverford Tru Co holds 0.69% or 303,056 shs. Investment Limited Oh Adv has 7,566 shs for 0.64% of their capital. 51,673 were reported by Trustmark Comml Bank Department. Hudock Capital Group Lc holds 0.83% or 17,467 shs. Highstreet Asset Management Incorporated owns 0.24% invested in Chevron Corporation (NYSE:CVX) for 32,863 shs. Janney Ltd owns 270,846 shs for 1.35% of their capital. Goldman Sachs Group owns 13.71M shs.

CVX registered $50.35 million net activity with 0 insider purchases and 10 selling transactions since April 17, 2018. Another trade for 135,000 shs valued at $17.55 million was made by Yarrington Patricia E on Friday, May 11. Breber Pierre R sold 25,000 shs worth $3.26M. Shares for $1.23M were sold by JOHNSON JAMES WILLIAM. Geagea Joseph C sold $1.56M worth of Chevron Corporation (NYSE:CVX) on Friday, May 11. On Wednesday, May 9 $3.31M worth of stock was sold by Pate R. Hewitt.

In 2018Q1 Securities and Exchange filling is reported Montag A & Associates Inc’s stake in Chevron Texaco Corp (CVX) which was decreased by 30.16%. By selling 28,687 shares Montag A & Associates Inc made the stock popped up with 6.62%. At the end of 2018Q1, the institutional investor held 66,414 shares of the integrated oil company, priced at $7.57 million, down from 95,101 at the end of the previous reported quarter. $242.71B is the MC of Chevron Texaco Corp. CVX is reaching $127.01 during the last trading session, after increased 2.30%.Chevron Corporation has volume of 1.21M shares. Since June 27, 2017 CVX has risen 16.25% and is uptrending. CVX outperformed by 3.68% the S&P 500.

The Montag A & Associates Inc’s stake in Spectrum Brands Hldgs Inc Com (NYSE:SPB) was increased by 52,906 shares to 84,313 shares valued at $8.74M in 2018Q1, according to the filing. It operates about $1.25 billion and $971.39 million US Long portfolio. For a total of 127,152 shares it increased its holding in Fiserv Inc (NASDAQ:FISV) by 63,576 shares in the quarter, and has risen its stake in Spdr S&P 500 Etf Tr Tr Unit (SPY).

Chevron Corporation (NYSE:CVX)’s quarterly earnings will be announced on July, 27., according to Zacks. This year’s earnings per share analyst estimate is awaited to be $1.93. That is 112.09 % up compareed to $0.91 earnings per share for last year. If reported the P/E will be 16.45 with $3.69B profit. 1.58 % EPS growth is what Wall Street’s predicts after $1.90 reported EPS previous quarter.

A couple more Chevron Corporation (NYSE:CVX) news were posted by: Seekingalpha.com which released on June 14, 2018 “Chevron: Why I See Further Upside”, also Seekingalpha.com on June 26, 2018 posted “Exxon, Chevron head new methane emissions consortium”, the next Seekingalpha.com is “FT: Exxon, Chevron accused over tax secrecy” on June 06, 2018. Seekingalpha.com has article titled “Dismissed: Climate suit against Big Oil”.

Chevron Corporation (NYSE:CVX) Ratings Coverage

In total 16 analysts cover Chevron Corp (NYSE:CVX). “Buy” rating has 13, “Sell” are 0, while 3 are “Hold”. (NYSE:CVX) has 81% bullish analysts. With $160.0 highest and $115.0 lowest target price, Chevron Corp has $144.36 average target price or 13.66% above the current ($127.01) price. 27 are the (NYSE:CVX)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Wednesday, March 7 the stock has “Neutral” rating by Credit Suisse. On Monday, February 5 the stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given by Jefferies. The company rating was maintained by Piper Jaffray on Sunday, April 22. On Wednesday, March 7 the stock of Chevron Corporation (NYSE:CVX) earned “Buy” rating by DZ Bank. The company rating was upgraded by RBC Capital Markets on Friday, February 9. The stock rating was maintained by Morgan Stanley with “Overweight” on Wednesday, January 24. On Tuesday, January 23 the stock has “Buy” rating by Piper Jaffray. On Monday, February 5 the firm has “Buy” rating by Piper Jaffray given. On Wednesday, February 28 Bank of America upgraded the shares of CVX in report to “Buy” rating. In Tuesday, January 23 report Credit Suisse maintained the stock with “Hold” rating.

Chevron Corporation (NYSE:CVX) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.