Staley Capital Advisers Boosted Holding in Chevron (CVX) by $675,324; As Ambarella (AMBA) Shares Rose, Barclays Plc Decreased by $4.13 Million Its Holding

January 14, 2018 - By Marie Mckinney

Barclays Plc decreased its stake in Ambarella Inc (AMBA) by 66.5% based on its latest 2017Q3 regulatory filing with the SEC. Barclays Plc sold 84,317 shares as the company’s stock rose 13.63% with the market. The institutional investor held 42,483 shares of the technology company at the end of 2017Q3, valued at $2.08M, down from 126,800 at the end of the previous reported quarter. Barclays Plc who had been investing in Ambarella Inc for a number of months, seems to be less bullish one the $1.83 billion market cap company. The stock increased 0.46% or $0.25 during the last trading session, reaching $54.92. About 948,404 shares traded. Ambarella, Inc. (NASDAQ:AMBA) has risen 67.32% since January 14, 2017 and is uptrending. It has outperformed by 50.62% the S&P500.

Staley Capital Advisers Inc increased its stake in Chevron Corp (CVX) by 2.18% based on its latest 2017Q3 regulatory filing with the SEC. Staley Capital Advisers Inc bought 5,772 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 269,997 shares of the integrated oil company at the end of 2017Q3, valued at $31.73 million, up from 264,225 at the end of the previous reported quarter. Staley Capital Advisers Inc who had been investing in Chevron Corp for a number of months, seems to be bullish on the $253.76 billion market cap company. The stock increased 0.78% or $1.03 during the last trading session, reaching $133.6. About 7.23 million 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.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. It dropped, as 43 investors sold CVX 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. Nwq Invest Mgmt Ltd Liability Corp stated it has 491,734 shares. Hoertkorn Richard Charles holds 1.19% or 15,915 shares. Wedge Capital Mgmt L Limited Partnership Nc owns 126,038 shares for 0.14% of their portfolio. Flippin Bruce Porter holds 2.14% or 82,875 shares. Wellington Mngmt Ltd Liability Partnership accumulated 41.78M shares. Chickasaw Management Lc has 10,501 shares. Coldstream Capital Management Inc has 0.47% invested in Chevron Corporation (NYSE:CVX) for 34,247 shares. Payden Rygel holds 221,050 shares or 2.58% of its portfolio. Aimz Invest Advsrs Limited Co accumulated 3,323 shares. Pub Employees Retirement Association Of Colorado has invested 1.33% in Chevron Corporation (NYSE:CVX). Oakbrook Invests Limited Liability Com owns 49,171 shares for 0.37% of their portfolio. Alabama-based Andra Ap has invested 0.23% in Chevron Corporation (NYSE:CVX). State Farm Mutual Automobile Ins has invested 2.58% of its portfolio in Chevron Corporation (NYSE:CVX). Vigilant Cap Management Ltd Liability Co invested 0.09% in Chevron Corporation (NYSE:CVX). Spinnaker Tru stated it has 0.35% in Chevron Corporation (NYSE:CVX).

Since August 1, 2017, it had 0 insider buys, and 4 sales for $11.07 million activity. Shares for $4.33M were sold by Yarrington Patricia E on Wednesday, August 2. JOHNSON JAMES WILLIAM also sold $3.43M worth of Chevron Corporation (NYSE:CVX) shares. Shares for $248,274 were sold by Deily Linnet F.

Staley Capital Advisers Inc, which manages about $1.31 billion and $1.22B US Long portfolio, decreased its stake in Coca Cola Co (NYSE:KO) by 211,089 shares to 60,506 shares, valued at $2.72 million in 2017Q3, according to the filing. It also reduced its holding in Usg Corp New (NYSE:USG) by 45,000 shares in the quarter, leaving it with 250,000 shares, and cut its stake in Ishares Preferred Stock (PFF).

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. The stock of Chevron Corporation (NYSE:CVX) earned “Overweight” rating by JP Morgan on Friday, September 11. RBC Capital Markets maintained it with “Underperform” rating and $100 target in Thursday, July 6 report. On Wednesday, October 18 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. On Wednesday, March 9 the stock rating was maintained by Credit Suisse with “Neutral”. The company was maintained on Tuesday, October 3 by Bank of America. The stock has “Neutral” rating by UBS on Monday, May 2. Credit Suisse initiated the stock with “Hold” rating in Monday, December 11 report. On Monday, September 21 the stock rating was upgraded by Tudor Pickering to “Accumulate”. Wolfe Research upgraded the stock to “Outperform” rating in Wednesday, March 9 report. RBC Capital Markets maintained the stock with “Sell” rating in Friday, October 27 report.

Barclays Plc, which manages about $97.09 billion US Long portfolio, upped its stake in Phh Corp (NYSE:PHH) by 88,433 shares to 89,733 shares, valued at $1.25M in 2017Q3, according to the filing. It also increased its holding in Southwestern Energy Co (NYSE:SWN) by 283,045 shares in the quarter, for a total of 475,045 shares, and has risen its stake in Agrium Inc (NYSE:AGU).

Analysts await Ambarella, Inc. (NASDAQ:AMBA) to report earnings on February, 27. They expect $0.08 earnings per share, down 85.19% or $0.46 from last year’s $0.54 per share. AMBA’s profit will be $2.66M for 171.63 P/E if the $0.08 EPS becomes a reality. After $0.34 actual earnings per share reported by Ambarella, Inc. for the previous quarter, Wall Street now forecasts -76.47% negative EPS growth.

Investors sentiment increased to 1.21 in Q3 2017. Its up 0.29, from 0.92 in 2017Q2. It increased, as 27 investors sold AMBA shares while 45 reduced holdings. 34 funds opened positions while 53 raised stakes. 19.99 million shares or 9.13% more from 18.32 million shares in 2017Q2 were reported. Lucus Limited Liability Company owns 0.5% invested in Ambarella, Inc. (NASDAQ:AMBA) for 7,175 shares. San Francisco Sentry Invest Group Inc (Ca) reported 0.02% stake. Driehaus Mgmt Limited Liability Co has 4,100 shares. Meeder Asset Mgmt has invested 0% in Ambarella, Inc. (NASDAQ:AMBA). Symmetry Peak Llc, a Pennsylvania-based fund reported 2,500 shares. Rhumbline Advisers reported 39,847 shares or 0% of all its holdings. 4,348 are held by Aperio Gp Ltd Liability. Wells Fargo Co Mn owns 70,859 shares. Moreover, Citadel Advisors Ltd Co has 0.04% invested in Ambarella, Inc. (NASDAQ:AMBA) for 967,822 shares. Van Berkom Assocs holds 1.32 million shares. Winslow Evans & Crocker stated it has 0% of its portfolio in Ambarella, Inc. (NASDAQ:AMBA). Sg Americas Secs Ltd Liability Corporation reported 3,073 shares. Lpl Financial Ltd Liability Company reported 23,248 shares or 0% of all its holdings. Legal General Gp Public Ltd Com holds 0% in Ambarella, Inc. (NASDAQ:AMBA) or 13,538 shares. Global X Co Ltd Co reported 14,762 shares.

Among 21 analysts covering Ambarella Corporation (NASDAQ:AMBA), 14 have Buy rating, 1 Sell and 6 Hold. Therefore 67% are positive. Ambarella Corporation had 69 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, December 4 by Topeka Capital Markets. The stock has “Buy” rating by Pacific Crest on Wednesday, August 26. The rating was upgraded by Morgan Stanley on Tuesday, March 29 to “Overweight”. The rating was initiated by Ladenburg Thalmann on Thursday, September 10 with “Buy”. The company was maintained on Wednesday, June 7 by Roth Capital. Zacks downgraded the shares of AMBA in report on Friday, September 4 to “Sell” rating. The firm earned “Buy” rating on Thursday, September 21 by Stifel Nicolaus. The company was maintained on Wednesday, November 22 by Stifel Nicolaus. The stock has “Outperform” rating by JMP Securities on Thursday, September 3. Canaccord Genuity maintained Ambarella, Inc. (NASDAQ:AMBA) rating on Friday, December 1. Canaccord Genuity has “Buy” rating and $67.0 target.

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