1 week Ago By ABMN Staff
Prestige Wealth Management Group LLC reduced its holdings in shares of Chevron Co. ( NYSE:CVX – Free Report ) by 35.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 736 shares of the oil and gas company’s stock after selling 396 shares during the period. Prestige Wealth Management Group LLC’s holdings in Chevron were worth $115,000 at the end of the most recent reporting period. Several other hedge funds have also bought and sold shares of the business.
American Capital Advisory LLC raised its position in shares of Chevron by 403.2% in the 1st quarter. American Capital Advisory LLC now owns 156 shares of the oil and gas company’s stock worth $25,000 after purchasing an additional 125 shares during the last quarter.
Frank Rimerman Advisors LLC purchased a new position in Chevron in the fourth quarter worth about $30,000. Anfield Capital Management LLC grew its holdings in shares of Chevron by 118.0% during the second quarter.
Anfield Capital Management LLC now owns 218 shares of the oil and gas company’s stock valued at $34,000 after buying an additional 118 shares during the last quarter. Cooksen Wealth LLC purchased a new stake in shares of Chevron during the fourth quarter valued at approximately $40,000. Finally, Clear Investment Research LLC increased its position in shares of Chevron by 264.
9% during the fourth quarter. Clear Investment Research LLC now owns 281 shares of the oil and gas company’s stock valued at $42,000 after acquiring an additional 204 shares in the last quarter. Institutional investors own 72.
42% of the company’s stock. Chevron Trading Down 1.7 % Chevron stock opened at $138.
56 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.
85 and a debt-to-equity ratio of 0.13. Chevron Co.
has a 12-month low of $137.87 and a 12-month high of $171.70.
The firm has a market capitalization of $253.42 billion, a price-to-earnings ratio of 12.75, a P/E/G ratio of 2.
34 and a beta of 1.09. The firm has a 50 day moving average of $150.
82 and a 200 day moving average of $155.26. Chevron Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th.
Investors of record on Monday, August 19th will be given a dividend of $1.63 per share. This represents a $6.
52 annualized dividend and a dividend yield of 4.71%. The ex-dividend date is Monday, August 19th.
Chevron’s dividend payout ratio is currently 59.98%. Analyst Ratings Changes Several research firms recently commented on CVX.
Mizuho increased their price objective on Chevron from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, May 13th.
Scotiabank reduced their price target on shares of Chevron from $195.00 to $180.00 and set a “sector outperform” rating for the company in a research note on Friday, July 12th.
Truist Financial lowered their price objective on shares of Chevron from $156.00 to $154.00 and set a “hold” rating on the stock in a research report on Monday, August 5th.
Royal Bank of Canada cut their target price on shares of Chevron from $190.00 to $180.00 and set an “outperform” rating for the company in a research report on Monday, August 5th.
Finally, Sanford C. Bernstein cut Chevron from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $183.00 to $167.
00 in a report on Wednesday, July 17th. Seven investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $183.
82. View Our Latest Research Report on Chevron Chevron Profile ( Free Report ) Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream.
The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. Featured Stories Want to see what other hedge funds are holding CVX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chevron Co.
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