Dividend Stock With Analysts Upside: Chevron Corporation (NYSE:CVX)

Marco Green
April 16, 2018

Boston Family Office Llc who had been investing in Chevron Corp for a number of months, seems to be bullish on the $229.08 billion market cap company. There is no guarantee that when share prices reach a 52 week low, the stock will begin to trade higher - it could break down to an even lower level. The company's 3-months average volume stands at 7.38 million.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, February 2nd. It has underperformed by 3.67% the S&P500.

Golden Gate Private Equity Inc increased its stake in Morningstar Inc. The institutional investor held 572,030 shares of the business services company at the end of 2017Q4, valued at $41.07 million, up from 567,620 at the end of the previous reported quarter. The average analysts gave this company a mean recommendation of 1.80. About 962,181 shares traded. It has underperformed by 6.16% the S&P500. Vetr upgraded shares of Chevron from a "buy" rating to a "strong-buy" rating and set a $135.52 price target for the company in a research report on Monday, February 5th. Therefore 82% are positive. Chevron Corporation had 119 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned "Equal-Weight" rating on Monday, October 12 by Barclays Capital. As per Wednesday, August 5, the company rating was maintained by RBC Capital Markets. Chevron Co. has a 52-week low of $102.55 and a 52-week high of $133.88. Wells Fargo & Co reaffirmed a "market perform" rating on shares of Chevron in a report on Wednesday. On Friday, February 2 the firm has "Buy" rating given by Societe Generale. Over the past twelve months, Chevron Corporation (NYSE:CVX)'s stock was -4.21%. On Monday, October 5 the stock rating was upgraded by Kepler Cheuvreux to "Buy". Finally, DZ Bank upgraded Chevron from a "hold" rating to a "buy" rating in a report on Wednesday, March 7th. On Thursday, February 22 the stock rating was maintained by Cowen & Co with "Buy". One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nineteen have assigned a buy rating to the company's stock.

Front Barnett Associates Llc, which manages about $703.04M and $602.88M US Long portfolio, decreased its stake in Apple Computer Inc (NASDAQ:AAPL) by 6,753 shares to 279,182 shares, valued at $47.25 million in 2017Q4, according to the filing.

The stock price declined -9.54% in three months and increased 0.49% for the last six months trading period. That's change of 0.04, from 2017Q3's 0.95. Shelton Mngmt holds 183,004 shares or 1.47% of its portfolio. 608 increased stakes while 122 funds took stakes. Citigroup stated earnings per share of 1.68 dollars and its first-quarter revenue reached 18.9 billion dollars. First City Cap Mgmt reported 12,602 shares. River Road Asset Mngmt Limited Company invested in 0.89% or 374,221 shares. Schulhoff Incorporated reported 30,006 shs stake. 950,986 were accumulated by Comerica Bancshares. Connecticut-based Gilman Hill Asset Management Ltd Liability Com has invested 1.83% in Chevron Corporation (NYSE:CVX).

Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to the United States and worldwide subsidiaries that engage in integrated energy and chemicals operations. M&T Natl Bank Corporation, a New York-based fund reported 1.40M shares. Sells 1,108 Shares of Chevron Co. 27,601 are held by Cadinha Lc. Eagle Ridge Inv accumulated 4,730 shares. Pittenger & Anderson invested in 20,611 shs or 0.23% of the stock. Barton Investment Management bought 4,410 shares as the company's stock rose 44.05% while stock markets declined.

J.P. Morgan Chase stated earnings per share of 2.37 US dollars, higher than analyst estimate of 2.28 dollars. Clearbridge Invests Limited Company reported 0.2% of its portfolio in Chevron Corporation (NYSE:CVX). M Kraus And owns 13,520 shares for 1.03% of their portfolio.

Currently, Chevron Corp (NYSE:CVX) has a 14-day Commodity Channel Index (CCI) of 131.6. Cooke Bieler LP invested 1.18% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Its up 0.04, from 0.95 in 2017Q3. It increased, as 51 investors sold CVX shares while 686 reduced holdings. 138 funds opened positions while 351 raised stakes.

Fiduciary Trust Company decreased Amphenol Corp New (NYSE:APH) stake by 9,711 shares to 163,085 valued at $14.32 million in 2017Q4. State Of Tennessee Treasury Department reported 732,672 shares. Pinnacle Prns Inc accumulated 90,151 shares. Mufg Americas Holdg reported 105,202 shares.

The stock has a market cap of $16.38B and the number of outstanding shares has been calculated 510.19M. Ramsay Stattman Vela & Price Inc holds 3.68% in Becton, Dickinson and Company (NYSE:BDX) or 43,385 shares. Gsa Cap Prns Llp reported 5,101 shares or 0.07% of all its holdings. Capital Advsr Ok reported 153,180 shares. Moreover, International Limited Ca has 0.62% invested in Chevron Corporation (NYSE:CVX). (NYSE:LOW) for 59,624 shares. Colony Group Inc Limited Liability Company has invested 0.08% in Chevron Corporation (NYSE:CVX). Credit Suisse initiated Chevron Corporation (NYSE:CVX) on Monday, December 11 with "Hold" rating. Univest Of Pennsylvania holds 3,950 shares or 0.2% of its portfolio. Walleye Trading Ltd Liability Co owns 0.02% invested in Align Technology, Inc.

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