Chevron Corporation (CVX) Cut to Outperform at Wells Fargo & Company

With 109,700 avg volume, 5 days are for Helen of Troy Corporation (NASDAQ:HELE)'s short sellers to cover HELE's short positions. The Federated Investors Inc holds 5.51 million shares with $649.01 million value, down from 6.29 million last quarter. Chevron Corp now has $196.98 billion valuation. The stock increased 1.19% or $0.19 on July 20, reaching $16.21. It has outperformed by 0.70% the S&P500. Therefore 69% are positive. The company's revenue for the quarter was up 42.0% compared to the same quarter previous year.

Among 32 analysts covering Chevron Corporation (NYSE:CVX), 22 have Buy rating, 2 Sell and 8 Hold. The firm earned "Neutral" rating on Monday, May 2 by UBS. Finally, Wolfe Research cut shares of Chevron Corporation from an "outperform" rating to a "market perform" rating in a research note on Monday. The company has a consensus rating of Hold and a consensus target price of $116.28. The stock of Chevron Corporation (NYSE:CVX) earned "Outperform" rating by BMO Capital Markets on Tuesday, September 13. On Tuesday, March 22 the stock rating was downgraded by Raymond James to "Market Perform". The firm has "Underperform" rating given on Wednesday, September 23 by Macquarie Research. The firm has "Buy" rating given on Friday, August 19 by Sidoti. As per Monday, October 12, the company rating was maintained by Barclays Capital. As per Thursday, December 1, the company rating was upgraded by Independent Research.

Since February 8, 2017, it had 0 insider buys, and 8 sales for $6.62 million activity. Breber Pierre R sold 45,000 shares worth $5.03 million.

Investors sentiment decreased to 0.99 in 2016 Q4. 18 funds opened positions while 42 raised stakes. Beacon Financial reported 3,792 shares. Fmr Ltd Limited Liability Company holds 0% of its portfolio in Investment Technology Group (NYSE:ITG) for 888,780 shares. Principal Grp holds 17,678 shares or 0% of its portfolio. Waldron Lp invested in 874 shares or 0.11% of the stock. Whittier Trust Co controls 15,767 shares worth $1,645,000. First Heartland Consultants accumulated 36,800 shares or 0.04% of the stock. Columbia Asset Mngmt holds 12,710 shares. Vista Cap Ptnrs Inc, a Oregon-based fund reported 2,376 shares. Moreover, Cypress Mgmt Ltd Liability Company (Wy) has 0% invested in Chevron Corporation (NYSE:CVX). Bancorp Of America Corp De owns 35,781 shares or 0% of their United States portfolio. After $-0.22 actual earnings per share reported by Immunomedics, Inc. for the previous quarter, Wall Street now forecasts -50.00% EPS growth. First Quadrant Ltd Partnership Ca has invested 0.05% in International Paper Co (NYSE:IP). Gavekal Cap owns 91,468 shares for 3.35% of their portfolio. Hm Payson & Company sold 6,950 shares as Chevron Corp (CVX)'s stock declined 3.45%. Therefore 75% are positive. The company was downgraded on Friday, February 3 by DA Davidson. On Wednesday, March 9 the stock rating was maintained by Credit Suisse with "Neutral". Jefferies has "Buy" rating and $147 target. (NYSE:SRI) on Tuesday, May 31 to "Neutral" rating. RBC Capital Markets maintained the shares of CVX in report on Friday, March 24 with "Hold" rating. The rating was upgraded by Vetr to "Buy" on Tuesday, August 25. The company was maintained on Friday, August 7 by Scotia Capital.

Clifford Swan Investment Counsel Llc increased Cerner (NASDAQ:CERN) stake by 27,142 shares to 90,732 valued at $4.30M in 2016Q4. It also reduced its holding in Spx Corp (SPW) by 90,580 shares in the quarter, leaving it with 481,931 shares, and cut its stake in Lhc Group Inc (NASDAQ:LHCG). Johnson & Johnson (NYSE:JNJ) was reduced too. The stock rose 0.30% or $0.31 reaching $104.77. About 58,978 shares traded. It has underperformed by 10.02% the S&P500.

Chevron Corporation (NYSE:CVX) traded at an unexpectedly low level on 07/19/2017 when the stock experienced a 0.71% gain to a closing price of $104.46. 125,000 shares valued at $13.79M were sold by WATSON JOHN S on Monday, March 13.

Investors sentiment increased to 2.07 in 2016 Q4. Its up 0.26, from 0.7 in 2016Q3.

Want to see what other hedge funds are holding CVX? 120 funds opened positions while 617 raised stakes.

WARNING: "Chevron Corporation (CVX) Stake Increased by Windward Capital Management Co". Riverpoint Capital Limited Co has 157,219 shares for 1.44% of their portfolio. Tarbox Gp has 1,408 shares. Gabelli & Com Advisers reported 0.12% in Chevron Corporation (NYSE:CVX). (NYSE:SRI). Tiaa Cref Invest Mngmt Limited invested 0% of its portfolio in Stoneridge, Inc. Old Mutual Customised Solutions (Proprietary) Ltd reported 0.97% of its portfolio in Chevron Corporation (NYSE:CVX). Moreover, Butensky Cohen Security has 1.98% invested in Chevron Corporation (NYSE:CVX) for 18,227 shares. Violich Cap Mngmt has invested 2.26% in Chevron Corporation (NYSE:CVX). Waters Parkerson & Ltd Liability Corporation stated it has 2.83% in Chevron Corporation (NYSE:CVX). Vantage Advsr Lc invested in 6,658 shares.

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

Latest News