Louisiana State Employees Retirement System raised its position in Chevron Corporation (NYSE:CVX) by 0.9% through out the Fiscal Q2, based on the latest document with the SEC (SEC). The investment company owned 117,500 stocks of the oil and gas firms shares after scooping up an extra 1,100 shares through out the quarter. Chevron Corporation accounts for roughly 0.6% of Louisiana State Employees Retirement System’s investment portfolio, making the share its 19th largest stake. Louisiana State Employees Retirement System’s holdings in Chevron Corporation were valued $12,259,000 as of its latest document with the Security and Exchange Commission.
Chevron Corporation (NYSE CVX) declined 0.80% throughout intraday market trading on early Fri, reaching $109.23. 3,382,960 stocks of the company transacted hands. the company has 50 Day SMA price of $106.01 and a two hundred SMA of $107.75. Chevron Corporation has a 52 week low of $97.53 and a 52 week high of $119.00. Company has a valuation of $206.99 B, a PE book ratio of 35.42 along with a stock beta of 1.23.
Other investment firms lately purchased and unloaded stocks of the company. Thompson Davis boosted its position in Chevron Corporation by 20.0% in the Q1. Thompson Davis has an ownership of 1,146 stocks of the oil and gas firms shares valued at $123,000 after scooping up an extra 191 stocks in the previous period. Patriot Financial Group Insurance Agency bought a new stake in Chevron Corporation throughout the Q4 valued roughly $139,000. Americafirst Capital Management bought a new stake in Chevron Corporation during the Q1 valued roughly $140,000. Daiwa SB Investments boosted its stake in Chevron Corporation by 438.5% in the Fiscal Q2. Daiwa SB Investments has an ownership of 1,400 stocks of the oil and gas firms shares valued $146,000 after scooping up an extra 1,140 shares through out the previous quarter, Lastly, Tortoise Investment Management boosted its stake in Chevron Corporation by 46.4% in the Q4. Tortoise Investment Management has an ownership of 1,329 stocks of the oil and gas firms shares valued $156,000 after scooping up an extra 421 shares through out the previous quarter, large institution funds own 62.58% of the firms stock.
Chevron Corporation (NYSE:CVX) previously released its earnings report on early Fri, Jul 28th. The oil and gas business posted $0.91 EPS for the period, exceeding Zacks’ average forecast of $0.89 by $0.02. Chevron Corporation had a ROE of 4.13% and a net profit margin of 4.50%. The company posted earnings of $34.48 B for the period end, compared with brokerage expectations of $32.77 B. for the same period in the prior fiscal year, company reported ($0.78) Earnings Per Share. the firms end of quarter revenue went up 17.8% compared with the same period in the prior year. Stock analysts expect that Chevron Corporation to post $3.80 earnings per share for the financial year.
As of late the company also announced dividend for the quarter, expected to be paid on early Mon, Sep 11th. Investors with a record date on early Fri, Aug 18th will be given a dividend of $1.08 for a share. this indicates a $4.32 annual dividend and a payout of of 3.95%. The ex-dividend date is Wed, Aug 16th. Chevron Corporation’s yield is 140.26%.
Quite a few brokerage firm analysts have quite recently weighed in on CVX Stocks. TheStreet lifted shares of Chevron Corporation from a “c” recommendation to a “b” recommendation in a study on Tue, May 2nd. Bank of America Corporation restated a “buy” recommendation and fixed a $135.00 target price (down from $145.00) on stocks of Chevron Corporation in a note on Thurs, May 11th. Scotiabank fixed a $114.00 target price on the stock of Chevron Corporation and issued the company a “buy” recommendation in a study on Mon, May 1st. HSBC Holdings lifted shares of Chevron Corporation from a “hold” recommendation to a “buy” recommendation and reduced their PT for the company from $124.00 to $119.00 in a note on Mon, Jun 5th. The move was based on the current stock valulation. Lastly, BMO Capital Markets fixed a $130.00 target price on the stock of Chevron Corporation and issued the company a “buy” recommendation in a study on Thurs, Jun 22nd. Three brokerage firms recommended the company shares with a sell recommendation, eight have issued a hold recommendation, fourteen have issued a buy recommendation and 1 has released a strong buy recommendation to The corporation. Chevron Corporation currently has a average recommendation of “Buy” and an consensus price target of $116.18.
Separately, CFO Patricia E. Yarrington unloaded 39,000 stocks of the company’s shares in a trade dated Wed, Aug 2nd. Shares were disposed in a price range of $111.00, amounting $4,329,000.00. After this trade, the CFO has an ownership of 43,838 company stock worth at $4,866,018. The transaction related to this sale was declared in a document with the SEC which can be accessed through the Security and Exchange Commission website. Also Executive James William Johnson unloaded 31,000 stocks of the company’s shares in a trade dated Wed, Aug 2nd. Shares were disposed in a price range of $110.68, amounting to $3,431,080.00. after the transaction, the executive has an ownership of 11,000 company stock worth at roughly $1,217,480. 0.38% of the shares is presently held by executives.