Published: Thu, June 15, 2017
Industry | By Dora Warner

Chevron Corporation (CVX) Stock Rating Upgraded by BidaskClub


The company has a market cap of $204.24 Billion. The Firm is engaged in developing a long-acting form of recombinant human growth hormone, somavaratan, for growth hormone deficiency (GHD), an orphan disease. The Company's first indication for somavaratan is pediatric GHD.

Cape Cod Five Cents Savings Bank increased its stake in Chevron Corp New (CVX) by 3.28% based on its latest 2016Q4 regulatory filing with the SEC. The Bp Wealth Management Llc holds 229,870 shares with $27.06M value, up from 215,689 last quarter. Chevron Corp New now has $199.03 billion valuation. Schmidt P J Inc stated it has 56,501 shares or 2.46% of all its holdings. It has underperformed by 10.02% the S&P500. Sterling holds 1.96% of its portfolio in Chevron Corporation (NYSE:CVX) for 11,665 shares. Therefore 100% are positive.

Chevron Corporation (CVX)'s mean Altman Z-Score: 2.55 during the last 7 years. Macquarie Research initiated Chevron Corporation (NYSE:CVX) on Wednesday, September 23 with "Underperform" rating. Limited Oh Adv reported 0.74% in Chevron Corporation (NYSE:CVX). RBC Capital Markets maintained Chevron Corporation (NYSE:CVX) rating on Friday, March 24. The firm has "Buy" rating by Independent Research given on Thursday, December 1. Argus Research upgraded the stock to "Buy" rating in Wednesday, December 16 report. On Monday, July 11 the stock rating was maintained by Jefferies with "Buy".

Investors sentiment decreased to 0.99 in 2016 Q4.

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A number of other hedge funds and other institutional investors have also recently bought and sold shares of CVX. Tortoise Investment Management LLC raised its position in Chevron Corporation by 46.4% in the fourth quarter. First Bank & Trust Sioux Falls accumulated 14,995 shares or 7.14% of the stock. That suggests something of the likelihood of a short squeeze in shares of CVX. Fiera Cap holds 0.3% or 460,370 shares in its portfolio. 284,000 are owned by Bp Public Ltd Liability Corporation. Ls Advsrs Limited Liability Company holds 0.04% or 3,190 shares. 109,677 are owned by Nbt Savings Bank N A NY. Credit Suisse maintained Chevron Corporation (NYSE:CVX) rating on Wednesday, March 9.

Chevron Corporation (NYSE:CVX) was upgraded by BidaskClub from a "strong sell" rating to a "sell" rating in a research report issued on Tuesday. Moreover, London Of Virginia has 1.77% invested in Chevron Corporation (NYSE:CVX) for 2.19M shares. 48,647 were accumulated by Biondo Investment Limited Liability. Marshwinds Advisory invested in 22,263 shares or 1.25% of the stock.

Chevron Corporation (NYSE:CVX)'s P/E is 69.58. Cannell Peter B And Com Inc has invested 0.28% in Chevron Corporation (NYSE:CVX).

Since February 2, 2017, it had 0 insider purchases, and 2 sales for $18.82 million activity.

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About 2,653 shares traded. WATSON JOHN S sold $13.79 million worth of stock or 125,000 shares. Simmons & Co downgraded the shares of CVX in report on Thursday, January 21 to "Neutral" rating. The oil and gas company reported $1.41 EPS for the quarter, topping the consensus estimate of $0.85 by $0.56. It also reduced its holding in Bob Evans Farms Inc/ (NASDAQ:BOBE) by 63,200 shares in the quarter, leaving it with 220,200 shares, and cut its stake in Home Depot Inc/The (NYSE:HD). The fund owned 3,138 shares of the oil and gas company's stock after selling 123 shares during the period. Morgan Stanley (NYSE:MS) was raised too. Stonebridge Capital Mngmt Inc reported 4.17% stake. They expect $-0.80 earnings per share, down 6.67% or $0.05 from last year's $-0.75 per share. During the same period in the prior year, the business posted ($0.39) EPS. Kcg owns 19,934 shares or 0.06% of their U.S. portfolio. Aisling Capital Llc owns 2.52 million shares or 8.74% of their USA portfolio.

Stone Run Capital Llc decreased Laboratory Corp Amer Hldgs (NYSE:LH) stake by 4,825 shares to 19,337 valued at $2.48M in 2016Q4. The Israel-based Sphera Funds Management Ltd. has invested 0.94% in the stock. The Monthly and Yearly performances are 1.72 percent and 5.94 percent respectively.

About 34,921 shares traded. Versartis Inc (VSAR) has risen 103.18% since June 15, 2016 and is uptrending. It has outperformed by 6.40% the S&P500.

Ratings analysis reveals 100% of Versartis's analysts are positive.

Nestle may sell U.S. confectionery business
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