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Monarch Capital Management Inc. Decreases Holdings in Chevron Corporation (CVX)

13 October 2017

Quadrant Cap Management Ltd invested in 21,089 shares or 1.72% of the stock. The institutional investor held 49,339 shares of the integrated oil company at the end of 2017Q2, valued at $5.15 million, up from 29,607 at the end of the previous reported quarter. Thomaspartners Inc. now owns 2,815,231 shares of the oil and gas company's stock worth $302,271,000 after purchasing an additional 657,826 shares in the last quarter. The shares price has directed 15.81% toward a higher level throughout a year ago and swapped 6.08% toward a strong spot during past one month. Chevron Corporation (NYSE:CVX) has risen 6.68% since October 12, 2016 and is uptrending. It has underperformed by 10.02% the S&P500. Haverford Financial Services Inc. now owns 2,303 shares of the oil and gas company's stock worth $247,000 after buying an additional 16 shares during the period. Hilltop Holdings Inc who had been investing in Total S A for a number of months, seems to be bullish on the $135.53 billion market cap company. Invest Counselors Of Maryland Limited Liability Co holds 0.03% or 5,790 shares. Impala Asset Management Llc owns 2.72 million shares or 3.66% of their USA portfolio. About 3.21M shares traded. (NYSE:CRM) has risen 7.78% since October 12, 2016 and is uptrending. It has underperformed by 21.16% the S&P500. BidaskClub lowered Chevron Corporation from a "sell" rating to a "strong sell" rating in a research note on Monday, July 24th.

Of those holders, 917 had increased positions amounting to 44.76 million shares, 900 had decreased positions amounting to 30.69 million shares, and 234 holders have a held position accounting for 1.14 billion shares. Its up 0.03, from 1 in 2017Q1.

Other hedge funds also recently made changes to their positions in the company. Inc. now owns 1,146 shares of the oil and gas company's stock worth $123,000 after purchasing an additional 191 shares during the period. The stock declined 0.06% or $0.07 reaching $119.26 on the news. Tph Asset Mgmt Ltd Llc has invested 2.98% of its portfolio in Chevron Corporation (NYSE:CVX). New Capital Management LP boosted its holdings in Chevron Corporation by 0.3% in the first quarter. Northcoast Asset Limited Liability Com holds 229,827 shares. Chevron Corporation has had 5 insider trades in the last 3 months, including 0 open market buys and 5 sells. Pennsylvania Trust holds 1.09% or 211,868 shares. The institutional investor held 14,196 shares of the energy company at the end of 2017Q2, valued at $704,000, up from 7,019 at the end of the previous reported quarter. Cahill Fin accumulated 6,476 shares or 0.37% of the stock. Lazard Asset Mngmt Lc reported 0% stake.

Dnb Asset Management As, which manages about $6.86B US Long portfolio, decreased its stake in Southwest Airlines Co (NYSE:LUV) by 600 shares to 12,367 shares, valued at $768.49M in 2017Q2, according to the filing. The shares were sold at an average price of $111.00, for a total transaction of $4,329,000.00. Out of 7 Wall Street analysts rating Cummins, 3 give it "Buy", 1 "Sell" rating, while 3 recommend "Hold". Therefore 71% are positive. Chevron Corporation has $147 highest and $65 lowest target. RBC Capital Markets maintained Chevron Corporation (NYSE:CVX) on Tuesday, September 19 with "Sell" rating. Cowen & Co has "Buy" rating and $12200 target. The firm has "Outperform" rating given on Tuesday, December 15 by Credit Agricole. UBS maintained it with "Neutral" rating and $95 target in Monday, August 3 report. Horizon Ltd Liability Corp has invested 0.03% in Chevron Corporation (NYSE:CVX). The firm has "Buy" rating by Canaccord Genuity given on Thursday, May 19. Howard Weil maintained the stock with "Sector Outperform" rating in Thursday, October 8 report.

Analysts await Lithia Motors Inc (NYSE:LAD) to report earnings on October, 19. The company has a market capitalization of $226.13 billion, a PE ratio of 38.69 and a beta of 1.24.

Investors wait Chevron Corporation (NYSE:CVX) to report on October, 27. its quarterly earnings Wall Street analysts expect $0.85 EPS, up $0.17 or 25.00 % from last year's $0.68 same quarter earnings. RBC Capital Markets maintained Chevron Corporation (NYSE:CVX) rating on Wednesday, March 9. Therefore 0 are positive.

09/14/2017 - Chevron Corporation had its "overweight" rating reiterated by analysts at JP Morgan. Oppenheimer maintained Lowe's Companies, Inc. As per Wednesday, January 4, the company rating was upgraded by Bank of America. S&P Research has "Buy" rating and $34 target. Dowling & Yahnke Ltd stated it has 0.69% in Chevron Corporation (NYSE:CVX). The firm earned "Neutral" rating on Thursday, April 6 by Seaport Global Securities. The firm has "Market Perform" rating by Raymond James given on Tuesday, March 22. The company was initiated on Thursday, September 10 by BTIG Research. Pub Employees Retirement Association Of Colorado holds 1.22% or 1.59M shares in its portfolio. It also reduced its holding in Chegg Inc (NYSE:CHGG) by 130,000 shares in the quarter, leaving it with 250,000 shares, and cut its stake in Boingo Wireless Inc (NASDAQ:WIFI).

Since June 2, 2017, it had 0 buys, and 2 insider sales for $1.38 million activity.

Monarch Capital Management Inc. Decreases Holdings in Chevron Corporation (CVX)