As Chevron Corp New (CVX) Shares Rose, Shareholder Diam Company LTD Increased Stake by $3.40 Million

June 29, 2018 - By Ronnie Lemelle

Chevron Corporation (NYSE:CVX) Corporate LogoDuring Q1 2018 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 fall. 579 rose stakes while 114 funds bought stakes. Funds hold 1.19 billion shares thus 0.11% more from 2017Q4’s 1.19 billion shares. Monetary Management Gru Inc has invested 1.15% in Chevron Corporation (NYSE:CVX). Vision Capital Mgmt Inc holds 3,090 shs or 0.1% of its capital. Fuller Thaler Asset Management stated it has 8,000 shs or 0.01% of all its holdings. Orrstown Ser reported 1.07% in Chevron Corporation (NYSE:CVX). Bank Of The Ozarks reported 1.26% in Chevron Corporation (NYSE:CVX). Baxter Bros holds 23,052 shs. First Natl Bank Sioux Falls holds 3.76% or 9,292 shs in its capital. Disciplined Growth Invsts Incorporated Mn accumulated 1,950 shs. Oxbow Advisors Ltd Liability Corp reported 21,781 shs. Tiaa Cref Invest Management, a New York-based fund reported 7.48M shs. Arvest State Bank Trust Division invested in 1.16% or 143,172 shs. Hollow Brook Wealth Mgmt Ltd Liability Co owns 5,389 shs for 0.49% of their capital. First Interstate Financial Bank holds 54,363 shs or 1.4% of its capital. Retirement Of Alabama invested 0.67% of its capital in Chevron Corporation (NYSE:CVX). Culbertson A N And Commerce holds 2.23% of its capital in Chevron Corporation (NYSE:CVX) for 65,307 shs.

CVX registered $50.35 million net activity with 0 insider buys and 10 selling transactions since April 17, 2018. On Monday, May 7 the insider Wirth Michael K sold $16.64 million. The insider Yarrington Patricia E sold $17.55 million. JOHNSON JAMES WILLIAM sold $1.23M worth of stock. $3.31M worth of stock was sold by Pate R. Hewitt on Wednesday, May 9. $1.55M worth of stock was sold by Geagea Joseph C on Wednesday, May 9.

Diam Company Ltd’s stake in Chevron Corp New (CVX) is upped by 0.98% based on its latest 2018Q1 regulatory filing with the SEC. By buying 29,807 shares Diam Company Ltd made the stock popped up with 6.62%. The integrated oil company at the end of 2018Q1 was priced at $349.31 million. It’s up from 3.03 million at the end of the previous reported quarter. Now it had 3.06 million shares held by the institutional investor . $243.02B is the market cap of Chevron Corp New. CVX is touching $127.1701 during the last trading session, after increased 1.20%.Chevron Corporation has volume of 1.13 million shares. Since June 29, 2017 CVX has risen 16.25% and is uptrending. The stock outperformed the S&P 500 by 3.68%.

A portfolio of $44.41 billion is managed by Diam Company Ltd. As it’s issued in Securities and Exchange form the stake in Medtronic Plc (NYSE:MDT) is reduced by 2.00 million shares to 47,740 shares. They are valued at $3.83M in 2018Q1. For a total of 1.66M shares it reduced its holding in Lilly Eli & Co (NYSE:LLY) by 42,200 shares in the quarter, and has cut its stake in Waste Mgmt Inc Del (NYSE:WM).

For more Chevron Corporation (NYSE:CVX) news released recently go to: Seekingalpha.com, Seekingalpha.com, Fool.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Exxon, Chevron head new methane emissions consortium” released on June 26, 2018, “Chevron: Why I See Further Upside” on June 14, 2018, “3 Oil Companies Getting Serious About Renewable Energy — and 2 That Aren’t” with a publish date: June 29, 2018, “Chevron starts second Wheatstone LNG production train” and the last “FT: Exxon, Chevron accused over tax secrecy” with publication date: June 06, 2018.

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. 27 are the (NYSE:CVX)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Thursday, January 18 the company was downgraded by HSBC. On Thursday, January 11 BMO Capital Markets upgraded Chevron Corporation (NYSE:CVX) rating. BMO Capital Markets has “Buy” rating and $140.0 target. On Thursday, June 7 the firm has “Outperform” rating given by Wells Fargo. On Friday, February 9 RBC Capital Markets upgraded the shares of CVX in report to “Sector Perform” rating. On Monday, April 30 Credit Suisse maintained Chevron Corporation (NYSE:CVX) rating. Credit Suisse has “Neutral” rating and $132 target. On Monday, June 18 the rating was upgraded by Raymond James to “Outperform”. The stock rating was maintained by Credit Suisse with “Hold” on Tuesday, January 23. On Wednesday, March 7 DZ Bank upgraded the shares of CVX in report to “Buy” rating. On Tuesday, February 6 the firm earned “Overweight” rating by Barclays Capital. On Tuesday, January 23 the firm earned “Buy” rating by Piper Jaffray.

Chevron Corporation (NYSE:CVX) Institutional Investors Chart

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