Chevron Corporation (CVX) : Greenwood Gearhart Inc scooped up 3,464 additional shares in Chevron Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 55,597 shares of Chevron Corporation which is valued at $5,679,790.Chevron Corporation makes up approximately 2.29% of Greenwood Gearhart Inc’s portfolio.
Other Hedge Funds, Including , Ep Wealth Advisors boosted its stake in CVX in the latest quarter, The investment management firm added 981 additional shares and now holds a total of 30,153 shares of Chevron Corporation which is valued at $3,080,430. Chevron Corporation makes up approx 0.47% of Ep Wealth Advisors’s portfolio.Ridgeworth Capital Management boosted its stake in CVX in the latest quarter, The investment management firm added 96,772 additional shares and now holds a total of 1,296,198 shares of Chevron Corporation which is valued at $130,280,861. Chevron Corporation makes up approx 1.12% of Ridgeworth Capital Management’s portfolio.Alexandria Capital reduced its stake in CVX by selling 76 shares or 2.44% in the most recent quarter. The Hedge Fund company now holds 3,042 shares of CVX which is valued at $305,751. Chevron Corporation makes up approx 0.05% of Alexandria Capital’s portfolio. Convector Capital Management Lp added CVX to its portfolio by purchasing 24,680 company shares during the most recent quarter which is valued at $2,480,587. Chevron Corporation makes up approx 3.25% of Convector Capital Management Lp’s portfolio.Barrett Asset Management boosted its stake in CVX in the latest quarter, The investment management firm added 138 additional shares and now holds a total of 38,280 shares of Chevron Corporation which is valued at $4,041,985. Chevron Corporation makes up approx 0.34% of Barrett Asset Management’s portfolio.
Chevron Corporation closed down -0.37 points or -0.37% at $100.21 with 60,44,999 shares getting traded on Thursday. Post opening the session at $100.35, the shares hit an intraday low of $99.47 and an intraday high of $100.58 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.
Many Wall Street Analysts have commented on Chevron Corporation. Company shares were Upgraded by Piper Jaffray on Aug 9, 2016 to ” Overweight”, Firm has raised the Price Target to $ 117 from a previous price target of $110 .
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.