Chevron Corporation (NYSE:CVX) Earns Average Broker Rating Of Outperform

Chevron Corporation (NYSE:CVX) belonging to the Oils-Energy sector has declined -0.33% and closed its last trading session at $113.17. They give the company shares an ABR of 2.69. TLP Group LLC bought a new stake in shares of Chevron during the third quarter worth about $130,000. Inc. now owns 955 shares of the company's stock worth $100,000 after buying an additional 729 shares during the period. Rockland Trust Co. now owns 102,310 shares of the company's stock worth $10,530,000 after buying an additional 9,429 shares during the last quarter. Corporate insiders own 0.40% of the company's stock. Winfield Associates Inc. increased its stake in shares of Chevron 1.5% in the third quarter. Finally, Patriot Financial Group Insurance Agency LLC bought a new stake in shares of Chevron during the fourth quarter worth about $139,000.

Over the past five trading sessions shares of Rowan Companies plc (NYSE:RDC) are -2.33%; -2.22% for the month; -1.23% for the last quarter; 41.25% for the past six-months; and 5.96% for the last 12 months. The number of shares now owned by investors are 1.89 bln. Chevron has a 52-week low of $89.47 and a 52-week high of $119.00. After a recent look, the stock has been seen trading $0.07 off of the 50-day moving average of $113.10 and $4.50 separated from the 200-day moving average of $108.67.

The Stock now has the market capitalization of $211.31 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 1.10% and monthly volatility of 1.24% respectively. The company reported $0.22 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.64 by $0.42.

Analysts are also projecting an Average Revenue Estimate for Chevron Corporation as $34.16 Billion in the Current Quarter. The Return on Assets stands at -0.2%, Return on Equity shows -0.3% and Return on Investment value is -1.4%. The firm's quarterly revenue was up 7.7% compared to the same quarter previous year. That is compared with the $-0.11 in EPS it reported during the same period a year ago. Equities analysts anticipate that Chevron Corp. will post $1.36 EPS for the current year. Stockholders of record on Thursday, February 16th will be paid a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.82%.

On 1/25/2017 Chevron announced a quarterly dividend of $1.08 3.71% with an ex dividend date of 2/14/2017 which will be payable on 3/10/2017. Chevron's dividend payout ratio (DPR) is presently -1,600.00%.

This news story was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of U.S. & worldwide copyright legislation. Finally, Concorde Asset Management LLC raised its stake in shares of Chevron by 479.4% in the third quarter.

Sell-side analyst recommendations point to a short term price target of $126.48 on the shares of Chevron Corporation (CVX). Bank of America Corp. upgraded Chevron Corp. from a neutral rating to a buy rating in a research report on Wednesday, January 4th. The correct version of this news story can be read at TheStreet upgraded shares of Chevron from a "hold" rating to a "buy" rating in a research note on Wednesday, December 21st.

12/09/2016 - Chevron Corporation had its "overweight" rating reiterated by analysts at JP Morgan. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the company. The stock has a consensus rating of "Buy" and an average price target of $113.99.

On 2/2/2017 Pierre R. Breber, Insider, sold 45,000 with an average share price of $111.80 per share and the total transaction amounting to $5,031,000.00.

The latest Insider trade was made on 1 Feb 2017 where Breber (Pierre R) Officer did a transaction type "Buy" in which 45000 shares were traded at a price of $69.7. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.



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