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Swedbank Acquires 19024 Shares of Chevron Co. (CVX)

12 January 2018

The company's quarterly revenue was up 20.1% on a year-over-year basis. The Upstream segment is involved in the exploration, development, and production of natural gas and crude oil; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant.

First Quadrant LP decreased its stake in Chevron Corp (CVX) by 8.26% based on its latest 2017Q3 regulatory filing with the SEC. Destination Wealth Management sold 5,127 shares as Chevron Corp New (CVX)'s stock declined 3.45%. Vanguard Group Inc. now owns 139,626,287 shares of the oil and gas company's stock valued at $14,567,210,000 after purchasing an additional 3,920,240 shares during the last quarter. American Express Co now has $87.86 billion valuation. The stock has returned 0.20% weekly, which was maintained at 6.86% in the 1-month period. Capital World Investors now owns 35,546,848 shares of the oil and gas company's stock valued at $3,708,603,000 after buying an additional 3,182,250 shares during the period. The company was downgraded on Wednesday, October 18 by Societe Generale. They expect $1.54 earnings per share, up 69.23% or $0.63 from last year's $0.91 per share.

Since August 1, 2017, it had 0 insider buys, and 4 sales for $11.07 million activity. 31,000 shares were sold by JOHNSON JAMES WILLIAM, worth $3.43 million on Tuesday, August 1. Yarrington Patricia E sold $4.33 million worth of Chevron Corporation (NYSE:CVX) on Wednesday, August 2. Insiders sold a total of 314,000 shares of company stock worth $36,540,822 over the last 90 days. Pate R. Hewitt sold $3.06 million worth of Chevron Corporation (NYSE:CVX) on Monday, October 16. Sobbott Susan had sold 6,000 shares worth $506,340. 258.00 million shares or 0.68% less from 259.77 million shares in 2017Q2 were reported. Jefferies maintained the stock with "Buy" rating in Monday, July 11 report. Therefore 65% are positive. However, their relatively high multiples do not necessarily indicate that their shares are overpriced and not good buys for the long term. $89.10's average target is -11.97% below currents $101.22 stock price. The stock has "Underperform" rating by RBC Capital Markets on Thursday, July 6. The company was upgraded on Thursday, November 3 by TD Securities. The company was maintained on Tuesday, October 24 by Cowen & Co. The firm has "Neutral" rating by Wedbush given on Monday, February 6. 344.40 million shares or 7.22% less from 371.19 million shares in 2017Q2 were reported. (NYSE:NEE) rating on Monday, April 3. CLSA upgraded the shares of CVX in report on Tuesday, November 15 to "Buy" rating. Out of 8 Wall Street analysts rating FireEye, 2 give it "Buy", 2 "Sell" rating, while 4 recommend "Hold".

Investors sentiment increased to 1.24 in Q3 2017.

Other hedge funds have also added to or reduced their stakes in the company. Amica Mutual holds 46,179 shares. Parsec Fincl has 2,700 shares for 0.02% of their portfolio. Gamco Investors Et Al invested in 57,305 shares. Harris Associate LP accumulated 2,000 shares. While it's Return on Investment (ROI) value is -1.4%. The existing P/E value will allow investors to easily determine whether the company's stock price is cheap or expensive. Marble Harbor Inv Counsel Lc has 0.66% invested in Chevron Corporation (NYSE:CVX). 80,776 were reported by Adams Asset Ltd Liability. Fiduciary Trust invested 0.7% in Chevron Corporation (NYSE:CVX). Family Firm reported 0.35% stake. Boston Family Office Limited Liability Co holds 42,681 shares or 0.57% of its portfolio. Deschutes Portfolio Strategy LLC increased its holdings in shares of Chevron by 0.5% in the second quarter. It also increased its holding in Walt Disney Co The (NYSE:DIS) by 117,943 shares in the quarter, for a total of 207,963 shares, and has risen its stake in Twenty First Century Fox A (NASDAQ:FOXA). Digital Rlty Tr Inc Com (NYSE:DLR) was raised too.

Chevron Corporation (CVX) have shown a high EPS growth of -15.10% in the last 5 years and has earnings decline of -110.80% yoy. This is higher than the industry's 1.25 but lower compared with the wider sector's 14.83. CVX's profit will be $2.26 billion for 26.86 P/E if the $1.19 EPS becomes a reality. After $1.03 actual EPS reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 15.53 % EPS growth. FireEye, Inc. (FEYE) has risen 11.41% since January 11, 2017 and is uptrending.

Adams Natural Resources Fund Inc. holds 9.91% of its portfolio in Chevron Corporation for 545,300 shares.

FireEye, Inc. provides cybersecurity solutions that allow organizations to prepare for, prevent, respond to, and remediate cyber-attacks. Winfield Associates Inc. increased its holdings in shares of Chevron by 5.1% during the second quarter. Natixis, a France-based fund reported 18,008 shares. Conclusions from the analysis of the editorial shall not depict the position of any analysts or financial professionals. Vetr downgraded Chevron from a buy rating to a hold rating and set a $124.92 price objective for the company.in a report on Monday, October 16th. The firm earned "Buy" rating on Tuesday, December 22 by M Partners. The rating was initiated by BMO Capital Markets on Tuesday, September 13 with "Outperform". Moreover, City has 1.07% invested in Chevron Corporation (NYSE:CVX) for 27,269 shares. Piper Jaffray maintained the stock with "Buy" rating in Thursday, September 28 report. The stock appeared $128.94 above its 52-week highs and is up 0.20% for the last five trades.