Hudock Capital Group buys $1,533,699 stake in Chevron Corporation (CVX)

Chevron Corporation (CVX) : Hudock Capital Group scooped up 3,972 additional shares in Chevron Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 15,244 shares of Chevron Corporation which is valued at $1,533,699.Chevron Corporation makes up approximately 0.82% of Hudock Capital Group’s portfolio.

Other Hedge Funds, Including , Pillar Pacific Capital Management boosted its stake in CVX in the latest quarter, The investment management firm added 1,580 additional shares and now holds a total of 55,312 shares of Chevron Corporation which is valued at $5,564,940. Chevron Corporation makes up approx 0.90% of Pillar Pacific Capital Management’s portfolio.Schulhoff Co Inc reduced its stake in CVX by selling 95 shares or 0.29% in the most recent quarter. The Hedge Fund company now holds 32,580 shares of CVX which is valued at $3,338,798. Chevron Corporation makes up approx 2.05% of Schulhoff Co Inc’s portfolio.Smith Asset Management Group Lp reduced its stake in CVX by selling 7,249 shares or 5.02% in the most recent quarter. The Hedge Fund company now holds 137,236 shares of CVX which is valued at $14,033,753. Chevron Corporation makes up approx 0.41% of Smith Asset Management Group Lp’s portfolio.Cwm boosted its stake in CVX in the latest quarter, The investment management firm added 26,896 additional shares and now holds a total of 125,780 shares of Chevron Corporation which is valued at $13,289,915. Chevron Corporation makes up approx 0.93% of Cwm’s portfolio.Laurel Wealth Advisors boosted its stake in CVX in the latest quarter, The investment management firm added 235 additional shares and now holds a total of 44,806 shares of Chevron Corporation which is valued at $4,694,325. Chevron Corporation makes up approx 2.29% of Laurel Wealth Advisors’s portfolio.

Chevron Corporation closed down -0.22 points or -0.22% at $100.39 with 60,88,117 shares getting traded on Thursday. Post opening the session at $100.28, the shares hit an intraday low of $100 and an intraday high of $101.08 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 $-0.78 EPS for the quarter, missing the analyst consensus estimate by $ -1.10 based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus of $0.32. The company had revenue of $29282.00 million for the quarter, compared to analysts expectations of $29649.73 million. The company’s revenue was down -27.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.

Investors should note that on Jul 27, 2016, Chevron Corporation announced a cash dividend of $1.0700. The company’s management has announced Aug 17, 2016 as the ex-dividend date and fixed the record date on Aug 19, 2016. The payable date has been fixed on Sep 12, 2016.

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 Company’s 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.

Leave a Reply

Chevron Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Chevron Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.