Schaper Benz & Wise Investment Counsel Inc. WI purchased a new stake in Chevron Co. (NYSE:CVX) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,114 shares of the oil and gas company’s stock, valued at approximately $248,000.

A number of other large investors have also recently added to or reduced their stakes in CVX. Pathstone Family Office LLC lifted its position in shares of Chevron by 2.5% during the second quarter. Pathstone Family Office LLC now owns 813 shares of the oil and gas company’s stock worth $2,170,000 after purchasing an additional 20 shares in the last quarter. Shine Investment Advisory Services Inc. acquired a new position in shares of Chevron during the second quarter worth approximately $106,000. Winfield Associates Inc. lifted its position in shares of Chevron by 5.1% during the second quarter. Winfield Associates Inc. now owns 1,301 shares of the oil and gas company’s stock worth $136,000 after purchasing an additional 63 shares in the last quarter. Accurate Investment Solutions Inc. lifted its position in shares of Chevron by 59.1% during the third quarter. Accurate Investment Solutions Inc. now owns 1,352 shares of the oil and gas company’s stock worth $159,000 after purchasing an additional 502 shares in the last quarter. Finally, Daiwa SB Investments Ltd. lifted its position in shares of Chevron by 438.5% during the second quarter. Daiwa SB Investments Ltd. now owns 1,400 shares of the oil and gas company’s stock worth $146,000 after purchasing an additional 1,140 shares in the last quarter. Hedge funds and other institutional investors own 63.84% of the company’s stock.

In other Chevron news, Vice Chairman Michael K. Wirth sold 1,229 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $118.00, for a total value of $145,022.00. Following the completion of the sale, the insider now owns 1,229 shares of the company’s stock, valued at $145,022. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Patricia E. Yarrington sold 13,143 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $115.01, for a total transaction of $1,511,576.43. Following the completion of the sale, the chief financial officer now directly owns 17,981 shares of the company’s stock, valued at approximately $2,067,994.81. The disclosure for this sale can be found here. Insiders sold 288,500 shares of company stock valued at $33,480,822 in the last ninety days. Insiders own 0.38% of the company’s stock.

Shares of Chevron Co. (NYSE:CVX) opened at $132.36 on Thursday. Chevron Co. has a 12 month low of $102.55 and a 12 month high of $133.88. The company has a quick ratio of 0.84, a current ratio of 1.04 and a debt-to-equity ratio of 0.23. The company has a market cap of $251,400.00, a P/E ratio of 38.59, a price-to-earnings-growth ratio of 2.92 and a beta of 1.21.

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

A number of brokerages have recently issued reports on CVX. HSBC lowered shares of Chevron from a “buy” rating to a “hold” rating in a research report on Thursday. Zacks Investment Research lowered shares of Chevron from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Vetr lowered shares of Chevron from a “buy” rating to a “hold” rating and set a $134.35 target price on the stock. in a research report on Thursday, January 11th. Bank of America downgraded shares of Chevron from a “buy” rating to a “neutral” rating and set a $125.00 price target for the company. in a research note on Thursday, January 4th. They noted that the move was a valuation call. Finally, Jefferies Group reissued a “buy” rating and set a $137.00 price target on shares of Chevron in a research note on Thursday, October 19th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $126.06.

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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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