Shannon River Fund Management Has Cut Red Hat (RHT) Stake; Chevron New (CVX) Shorts Increased By 0.24%

January 14, 2018 - By Adrian Mccoy

Shannon River Fund Management Llc decreased Red Hat Inc (RHT) stake by 3.02% reported in 2017Q3 SEC filing. Shannon River Fund Management Llc sold 3,575 shares as Red Hat Inc (RHT)’s stock rose 4.33%. The Shannon River Fund Management Llc holds 114,825 shares with $12.73 million value, down from 118,400 last quarter. Red Hat Inc now has $22.29B valuation. The stock decreased 0.17% or $0.21 during the last trading session, reaching $125.95. About 1.07 million shares traded. Red Hat, Inc. (NYSE:RHT) has risen 18.97% since January 14, 2017 and is uptrending. It has outperformed by 2.27% the S&P500.

Chevron Corporation New (NYSE:CVX) had an increase of 0.24% in short interest. CVX’s SI was 22.94 million shares in January as released by FINRA. Its up 0.24% from 22.89M shares previously. With 4.52 million avg volume, 5 days are for Chevron Corporation New (NYSE:CVX)’s short sellers to cover CVX’s short positions. The SI to Chevron Corporation New’s float is 1.21%. The stock increased 0.78% or $1.03 during the last trading session, reaching $133.6. About 7.23M shares traded or 34.97% up from the average. Chevron Corporation (NYSE:CVX) has risen 6.68% since January 14, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

Among 34 analysts covering Red Hat (NYSE:RHT), 25 have Buy rating, 1 Sell and 8 Hold. Therefore 74% are positive. Red Hat had 111 analyst reports since August 25, 2015 according to SRatingsIntel. The stock has “Hold” rating by BMO Capital Markets on Monday, August 14. JP Morgan maintained it with “Overweight” rating and $89 target in Tuesday, September 22 report. BTIG Research initiated Red Hat, Inc. (NYSE:RHT) on Thursday, September 10 with “Buy” rating. The stock of Red Hat, Inc. (NYSE:RHT) earned “Buy” rating by IBC on Thursday, March 30. Wells Fargo initiated the stock with “Outperform” rating in Wednesday, January 11 report. On Friday, December 18 the stock rating was maintained by RBC Capital Markets with “Outperform”. Stifel Nicolaus maintained Red Hat, Inc. (NYSE:RHT) on Tuesday, March 28 with “Hold” rating. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, October 22 report. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, September 20. The rating was maintained by Jefferies on Tuesday, June 20 with “Hold”.

Investors sentiment decreased to 1.23 in 2017 Q3. Its down 0.02, from 1.25 in 2017Q2. It turned negative, as 43 investors sold RHT shares while 154 reduced holdings. 65 funds opened positions while 177 raised stakes. 157.62 million shares or 0.16% less from 157.87 million shares in 2017Q2 were reported. Outfitter Advisors has invested 0.41% in Red Hat, Inc. (NYSE:RHT). Private Advisor Grp Limited Liability Corp stated it has 4,562 shares or 0.01% of all its holdings. Creative Planning accumulated 6,251 shares or 0% of the stock. The Ohio-based Huntington Savings Bank has invested 0% in Red Hat, Inc. (NYSE:RHT). Bbva Compass Bancorporation accumulated 4,330 shares or 0.03% of the stock. Fund Sa holds 64,333 shares or 0.05% of its portfolio. San Francisco Sentry Invest Grp Inc (Ca) reported 182 shares stake. Caisse De Depot Et Placement Du Quebec holds 0% in Red Hat, Inc. (NYSE:RHT) or 18,804 shares. Sumitomo Mitsui Asset Mgmt Ltd reported 0.02% stake. Patten Gru invested in 0% or 1 shares. 4,450 are owned by Tocqueville Asset Management Limited Partnership. 225,867 are owned by Nomura Incorporated. Fairfield Bush And has invested 0.17% of its portfolio in Red Hat, Inc. (NYSE:RHT). Symphony Asset Mngmt Lc holds 0.16% or 12,788 shares in its portfolio. Ameriprise Financial stated it has 0.03% in Red Hat, Inc. (NYSE:RHT).

Among 34 analysts covering Chevron Corporation (NYSE:CVX), 22 have Buy rating, 1 Sell and 11 Hold. Therefore 65% are positive. Chevron Corporation had 100 analyst reports since August 4, 2015 according to SRatingsIntel. BMO Capital Markets maintained Chevron Corporation (NYSE:CVX) on Friday, September 22 with “Buy” rating. The firm has “Buy” rating given on Tuesday, October 10 by Piper Jaffray. Vetr upgraded the shares of CVX in report on Tuesday, August 25 to “Buy” rating. As per Tuesday, September 29, the company rating was upgraded by Wolfe Research. S&P Research downgraded Chevron Corporation (NYSE:CVX) rating on Tuesday, August 4. S&P Research has “Hold” rating and $96 target. Credit Suisse maintained the shares of CVX in report on Wednesday, August 23 with “Buy” rating. The stock of Chevron Corporation (NYSE:CVX) earned “Buy” rating by Cowen & Co on Tuesday, October 24. The stock of Chevron Corporation (NYSE:CVX) has “Underperform” rating given on Wednesday, September 23 by Macquarie Research. Barclays Capital maintained the shares of CVX in report on Tuesday, January 12 with “Equal Weight” rating. On Thursday, December 21 the stock rating was maintained by Cowen & Co with “Buy”.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. It worsened, as 43 investors sold Chevron Corporation shares while 696 reduced holdings. 121 funds opened positions while 584 raised stakes. 1.18 billion shares or 1.43% more from 1.16 billion shares in 2017Q2 were reported. Brown Advisory holds 0.11% of its portfolio in Chevron Corporation (NYSE:CVX) for 291,174 shares. Hgk Asset Management accumulated 3.26% or 195,474 shares. Moreover, Davis R M Incorporated has 0.17% invested in Chevron Corporation (NYSE:CVX) for 35,775 shares. Swiss National Bank has invested 0.94% in Chevron Corporation (NYSE:CVX). Tennessee-based Pinnacle Fincl Ptnrs has invested 1.26% in Chevron Corporation (NYSE:CVX). Ashfield Cap Limited Liability Corporation holds 120,373 shares. Moneta Gru Incorporated Inv Advisors Ltd Llc holds 0.06% in Chevron Corporation (NYSE:CVX) or 3,417 shares. Cim Inv Mangement Inc stated it has 0.49% in Chevron Corporation (NYSE:CVX). Smithbridge Asset Management De owns 14,126 shares or 1.17% of their US portfolio. Centurylink Investment Mgmt holds 12,031 shares. Court Place Limited Company, Maryland-based fund reported 6,702 shares. Van Cleef Asset Managementinc invested 0.23% of its portfolio in Chevron Corporation (NYSE:CVX). Rothschild Partners Ltd holds 0.1% or 1,821 shares. Sterling Glob Strategies Ltd holds 2,490 shares. Alexandria Capital Limited Liability stated it has 0.08% of its portfolio in Chevron Corporation (NYSE:CVX).

Since August 1, 2017, it had 0 insider purchases, and 4 sales for $11.07 million activity. On Wednesday, August 16 Deily Linnet F sold $248,274 worth of Chevron Corporation (NYSE:CVX) or 2,312 shares. The insider Pate R. Hewitt sold $3.06M. $3.43M worth of stock was sold by JOHNSON JAMES WILLIAM on Tuesday, August 1. Another trade for 39,000 shares valued at $4.33M was made by Yarrington Patricia E on Wednesday, August 2.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>