Chevron Corporation (CVX) : Kanaly Trust Co scooped up 649 additional shares in Chevron Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 21, 2016. The investment management firm now holds a total of 35,760 shares of Chevron Corporation which is valued at $3,778,402.Chevron Corporation makes up approximately 0.75% of Kanaly Trust Co’s portfolio.
Other Hedge Funds, Including , Country Club Trust Company N.a. reduced its stake in CVX by selling 1,266 shares or 1.54% in the most recent quarter. The Hedge Fund company now holds 80,946 shares of CVX which is valued at $8,552,754. Chevron Corporation makes up approx 1.21% of Country Club Trust Company N.a.’s portfolio.Delta Asset Managementtn reduced its stake in CVX by selling 1,055 shares or 11.07% in the most recent quarter. The Hedge Fund company now holds 8,475 shares of CVX which is valued at $895,469. Chevron Corporation makes up approx 0.15% of Delta Asset Managementtn’s portfolio.Gwm Advisors boosted its stake in CVX in the latest quarter, The investment management firm added 16,664 additional shares and now holds a total of 21,254 shares of Chevron Corporation which is valued at $2,254,837. Chevron Corporation makes up approx 0.92% of Gwm Advisors’s portfolio.Peddock Capital Advisors boosted its stake in CVX in the latest quarter, The investment management firm added 13,171 additional shares and now holds a total of 60,625 shares of Chevron Corporation which is valued at $6,431,706. Chevron Corporation makes up approx 4.02% of Peddock Capital Advisors’s portfolio.Physicians Financial Services boosted its stake in CVX in the latest quarter, The investment management firm added 541 additional shares and now holds a total of 25,185 shares of Chevron Corporation which is valued at $2,671,877. Chevron Corporation makes up approx 2.27% of Physicians Financial Services’s portfolio.
Chevron Corporation closed down -0.47 points or -0.46% at $101.79 with 82,10,146 shares getting traded on Thursday. Post opening the session at $102.09, the shares hit an intraday low of $100.98 and an intraday high of $102.2192 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Chevron Corporation reported $-0.39 EPS for the quarter, missing the analyst consensus estimate by $ -0.23 based on the information available during the earnings call on Apr 29, 2016. Analyst had a consensus of $-0.16. The company had revenue of $23533.00 million for the quarter, compared to analysts expectations of $22735.35 million. The company’s revenue was down -31.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.37 EPS.
Many Wall Street Analysts have commented on Chevron Corporation. Company shares were Reiterated by Jefferies on May 2, 2016 to “Buy”, Firm has raised the Price Target to $ 114 from a previous price target of $110 .Company shares were Reiterated by UBS on May 2, 2016 to “Neutral”, Firm has raised the Price Target to $ 104 from a previous price target of $90 .
Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates. The Company operates through two segments: Upstream and Downstream. Upstream operations consist primarily of exploring for developing and producing crude oil and natural gas; processing liquefaction transportation and regasification associated with liquefied natural gas (LNG); transporting crude oil through international oil export pipelines; transporting storing and marketing natural gas and operating a gas-to-liquids plant. The Companys Downstream operations primarily consist of refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products by pipeline marine vessel motor equipment and rail car and manufacturing and marketing commodity petrochemicals plastics for industrial uses and fuel and lubricant additives.