Chevron Corporation (CVX) : Stadion Money Management scooped up 2,012 additional shares in Chevron Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 28,298 shares of Chevron Corporation which is valued at $2,882,434.Chevron Corporation makes up approximately 0.09% of Stadion Money Management’s portfolio.
Other Hedge Funds, Including , Roanoke Asset Management Corp Ny reduced its stake in CVX by selling 75 shares or 1.5% in the most recent quarter. The Hedge Fund company now holds 4,911 shares of CVX which is valued at $501,806. Chevron Corporation makes up approx 0.23% of Roanoke Asset Management Corp Ny’s portfolio.Chicago Partners Investment Group reduced its stake in CVX by selling 1,055 shares or 55.01% in the most recent quarter. The Hedge Fund company now holds 863 shares of CVX which is valued at $88,181. Chevron Corporation makes up approx 0.04% of Chicago Partners Investment Group’s portfolio.Next Financial Group Inc boosted its stake in CVX in the latest quarter, The investment management firm added 4,464 additional shares and now holds a total of 24,152 shares of Chevron Corporation which is valued at $2,463,746. Chevron Corporation makes up approx 0.85% of Next Financial Group Inc’s portfolio.High Point Bank Trust Co reduced its stake in CVX by selling 350 shares or 1.75% in the most recent quarter. The Hedge Fund company now holds 19,672 shares of CVX which is valued at $2,006,741. Chevron Corporation makes up approx 0.52% of High Point Bank Trust Co’s portfolio.
Chevron Corporation opened for trading at $100.64 and hit $101.29 on the upside on Tuesday, eventually ending the session at $101.27, with a gain of 0.92% or 0.92 points. The heightened volatility saw the trading volume jump to 66,98,137 shares. Company has a market cap of $190,864 M.
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 .Company shares were Reiterated by Barclays on Apr 8, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 97 from a previous price target of $89 .
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.