First Personal Financial Services Has $1.31 Million Holdings in Chevron Co. (CVX)

First Personal Financial Services grew its position in shares of Chevron Co. (NYSE:CVX) by 7.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,108 shares of the oil and gas company’s stock after buying an additional 740 shares during the quarter. First Personal Financial Services’ holdings in Chevron were worth $1,305,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Korea Investment CORP raised its position in Chevron by 5.1% during the 2nd quarter. Korea Investment CORP now owns 1,476,610 shares of the oil and gas company’s stock worth $154,055,000 after buying an additional 72,173 shares during the last quarter. Numeric Investors LLC grew its stake in shares of Chevron by 158.4% during the 2nd quarter. Numeric Investors LLC now owns 52,200 shares of the oil and gas company’s stock worth $5,446,000 after purchasing an additional 32,000 shares during the period. Palisade Asset Management LLC grew its stake in shares of Chevron by 20.5% during the 2nd quarter. Palisade Asset Management LLC now owns 109,154 shares of the oil and gas company’s stock worth $11,388,000 after purchasing an additional 18,541 shares during the period. Meeder Asset Management Inc. grew its stake in shares of Chevron by 124.9% during the 2nd quarter. Meeder Asset Management Inc. now owns 48,670 shares of the oil and gas company’s stock worth $5,077,000 after purchasing an additional 27,034 shares during the period. Finally, Toronto Dominion Bank grew its stake in shares of Chevron by 24.7% during the 2nd quarter. Toronto Dominion Bank now owns 660,443 shares of the oil and gas company’s stock worth $68,894,000 after purchasing an additional 130,990 shares during the period. Institutional investors own 63.80% of the company’s stock.

In other Chevron news, Vice Chairman Michael K. Wirth sold 1,229 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $118.00, for a total transaction of $145,022.00. Following the sale, the insider now directly owns 1,229 shares of the company’s stock, valued at approximately $145,022. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP R. Hewitt Pate sold 25,500 shares of the firm’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $120.00, for a total transaction of $3,060,000.00. Following the sale, the vice president now directly owns 25,500 shares in the company, valued at $3,060,000. The disclosure for this sale can be found here. Over the last three months, insiders sold 314,000 shares of company stock worth $36,540,822. 0.38% of the stock is owned by corporate insiders.

A number of equities analysts have recently weighed in on CVX shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Chevron in a research note on Saturday, September 16th. Cowen reaffirmed a “buy” rating and set a $122.00 price target on shares of Chevron in a research note on Tuesday, September 19th. Goldman Sachs Group reaffirmed a “buy” rating and set a $123.00 price target (up from $118.00) on shares of Chevron in a research note on Tuesday, September 19th. Wells Fargo & Co reaffirmed a “market perform” rating and set a $108.00 price target (up from $100.00) on shares of Chevron in a research note on Tuesday, October 3rd. Finally, Bank of America reaffirmed a “buy” rating and set a $125.00 price target (up from $120.00) on shares of Chevron in a research note on Tuesday, October 3rd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and fifteen have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $126.06.

Shares of Chevron Co. (CVX) opened at $133.60 on Friday. The company has a market cap of $253,760.00, a PE ratio of 38.95, a P/E/G ratio of 2.96 and a beta of 1.21. Chevron Co. has a 12 month low of $102.55 and a 12 month high of $133.85. The company has a quick ratio of 0.84, a current ratio of 1.04 and a debt-to-equity ratio of 0.23.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, October 27th. The oil and gas company reported $1.03 EPS for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.04. The firm had revenue of $36.21 billion for the quarter, compared to analysts’ expectations of $34.06 billion. Chevron had a net margin of 4.79% and a return on equity of 4.59%. The firm’s revenue was up 20.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.68 EPS. equities analysts anticipate that Chevron Co. will post 4.35 earnings per share for the current year.

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About Chevron

Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates, and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream.

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Institutional Ownership by Quarter for Chevron (NYSE:CVX)

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