Chevron Co. (NYSE:CVX) Stock Holdings Lifted by Caxton Associates LP

Caxton Associates LP increased its position in shares of Chevron Co. (NYSE:CVX - Free Report) by 546.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,355 shares of the oil and gas company's stock after buying an additional 16,361 shares during the quarter. Caxton Associates LP's holdings in Chevron were worth $2,803,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Neville Rodie & Shaw Inc. boosted its holdings in shares of Chevron by 2.9% in the fourth quarter. Neville Rodie & Shaw Inc. now owns 62,404 shares of the oil and gas company's stock worth $9,039,000 after acquiring an additional 1,767 shares during the period. Bard Financial Services Inc. increased its stake in Chevron by 0.3% in the fourth quarter. Bard Financial Services Inc. now owns 62,735 shares of the oil and gas company's stock valued at $9,087,000 after acquiring an additional 200 shares during the last quarter. Doliver Advisors LP increased its position in shares of Chevron by 0.9% during the 4th quarter. Doliver Advisors LP now owns 7,984 shares of the oil and gas company's stock valued at $1,156,000 after purchasing an additional 70 shares during the last quarter. Insight Wealth Strategies LLC lifted its holdings in shares of Chevron by 0.5% in the 4th quarter. Insight Wealth Strategies LLC now owns 201,015 shares of the oil and gas company's stock worth $29,115,000 after acquiring an additional 1,092 shares during the last quarter. Finally, Canandaigua National Trust Co of Florida lifted its stake in Chevron by 17.2% in the fourth quarter. Canandaigua National Trust Co of Florida now owns 3,415 shares of the oil and gas company's stock worth $495,000 after purchasing an additional 500 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company's stock.

Insider Buying and Selling

In related news, VP Jeff B. Gustavson sold 9,325 shares of the firm's stock in a transaction on Friday, February 7th. The stock was sold at an average price of $152.50, for a total transaction of $1,422,062.50. Following the transaction, the vice president now directly owns 1,057 shares in the company, valued at $161,192.50. This trade represents a 89.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.20% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CVX shares. DZ Bank lowered shares of Chevron from a "buy" rating to a "sell" rating and set a $130.00 target price for the company. in a report on Tuesday. Redburn Atlantic reiterated a "sell" rating and issued a $124.00 price target (down previously from $156.00) on shares of Chevron in a research note on Wednesday, April 23rd. UBS Group decreased their target price on shares of Chevron from $194.00 to $185.00 and set a "buy" rating for the company in a research note on Monday, April 7th. Wells Fargo & Company cut their price target on Chevron from $173.00 to $164.00 and set an "overweight" rating for the company in a report on Monday. Finally, BNP Paribas cut Chevron to a "cautious" rating in a report on Tuesday, April 15th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $161.25.

Chevron Stock Up 0.3 %

Shares of NYSE:CVX traded up $0.37 during trading on Tuesday, hitting $135.87. 9,896,842 shares of the company were exchanged, compared to its average volume of 7,982,014. The firm's 50 day moving average price is $148.95 and its 200-day moving average price is $152.34. The stock has a market capitalization of $239.22 billion, a P/E ratio of 13.98, a PEG ratio of 1.46 and a beta of 0.83. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.07 and a quick ratio of 0.80. Chevron Co. has a 12-month low of $132.04 and a 12-month high of $168.96.

Chevron (NYSE:CVX - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $2.18 earnings per share for the quarter, topping analysts' consensus estimates of $2.15 by $0.03. The firm had revenue of $47.61 billion for the quarter, compared to analyst estimates of $49.05 billion. Chevron had a return on equity of 11.44% and a net margin of 8.71%. Chevron's quarterly revenue was down 2.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.93 earnings per share. On average, research analysts predict that Chevron Co. will post 10.79 earnings per share for the current fiscal year.

Chevron Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, May 19th will be paid a dividend of $1.71 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $6.84 annualized dividend and a dividend yield of 5.03%. Chevron's dividend payout ratio is presently 78.17%.

Chevron Profile

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.