Vision Capital Management Inc. decreased its position in Chevron Corporation (NYSE:CVX) by 2.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,694 shares of the oil and gas company’s stock after selling 77 shares during the period. Vision Capital Management Inc.’s holdings in Chevron were worth $385,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Harbour Capital Advisors LLC raised its holdings in shares of Chevron by 10,213.3% in the 2nd quarter. Harbour Capital Advisors LLC now owns 5,709,042 shares of the oil and gas company’s stock worth $54,721,000 after buying an additional 5,653,686 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Chevron by 1.6% in the 2nd quarter. BlackRock Inc. now owns 124,678,992 shares of the oil and gas company’s stock worth $13,007,759,000 after buying an additional 1,975,865 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Chevron by 40.4% in the 2nd quarter. Principal Financial Group Inc. now owns 5,412,567 shares of the oil and gas company’s stock worth $564,693,000 after buying an additional 1,556,270 shares in the last quarter. State Street Corp raised its holdings in shares of Chevron by 1.1% in the 1st quarter. State Street Corp now owns 118,769,549 shares of the oil and gas company’s stock worth $12,752,287,000 after buying an additional 1,261,078 shares in the last quarter. Finally, Boston Partners raised its holdings in shares of Chevron by 17.9% in the 2nd quarter. Boston Partners now owns 7,147,113 shares of the oil and gas company’s stock worth $745,659,000 after buying an additional 1,084,757 shares in the last quarter. 63.93% of the stock is owned by hedge funds and other institutional investors.

In other Chevron news, CFO Patricia E. Yarrington sold 13,143 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $115.01, for a total value of $1,511,576.43. Following the transaction, the chief financial officer now directly owns 17,981 shares in the company, valued at approximately $2,067,994.81. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP R. Hewitt Pate sold 25,500 shares of the stock in a transaction on Monday, October 16th. The shares were sold at an average price of $120.00, for a total value of $3,060,000.00. Following the completion of the transaction, the vice president now owns 25,500 shares in the company, valued at $3,060,000. The disclosure for this sale can be found here. Insiders sold a total of 314,000 shares of company stock worth $36,540,822 over the last quarter. Corporate insiders own 0.38% of the company’s stock.

Chevron Corporation (NYSE CVX) opened at $119.63 on Friday. The company has a market capitalization of $227,184.11, a price-to-earnings ratio of 33.50, a price-to-earnings-growth ratio of 3.96 and a beta of 1.21. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.04 and a quick ratio of 0.84. Chevron Corporation has a 12-month low of $102.55 and a 12-month high of $122.30.

Chevron (NYSE:CVX) last announced 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 analyst estimates of $34.06 billion. Chevron had a return on equity of 4.59% and a net margin of 4.79%. The business’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same period last year, the company earned $0.68 EPS. equities research analysts predict that Chevron Corporation will post 4.32 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Friday, November 17th will be given a $1.08 dividend. The ex-dividend date is Thursday, November 16th. This represents a $4.32 dividend on an annualized basis and a yield of 3.61%. Chevron’s payout ratio is 125.95%.

A number of equities analysts have recently issued reports on the company. J P Morgan Chase & Co reissued an “overweight” rating on shares of Chevron in a report on Saturday, September 16th. Cowen reissued a “buy” rating and issued a $122.00 target price on shares of Chevron in a report on Tuesday, September 19th. TheStreet raised Chevron from a “c+” rating to a “b” rating in a report on Monday, October 23rd. BMO Capital Markets lowered Chevron from an “outperform” rating to a “market perform” rating and set a $120.00 price target on the stock. in a research report on Wednesday, October 18th. They noted that the move was a valuation call. Finally, Wells Fargo & Company restated a “market perform” rating on shares of Chevron in a research report on Thursday, October 19th. They noted that the move was a valuation call. Three investment 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’s stock. The company currently has an average rating of “Hold” and a consensus target price of $121.22.

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Chevron Company Profile

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.

Institutional Ownership by Quarter for Chevron (NYSE:CVX)

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