Nordea Investment Management Ab Lifted Its Chevron (CVX) Stake; Asa Gold & Precious Metals LTD (ASA)’s Sentiment Is 1.82

March 19, 2018 - By Vivian Park

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The company has market cap of $197.53 million. The firm invests in the public equity markets across the globe. It has a 113.78 P/E ratio. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals.

Nordea Investment Management Ab increased Chevron (CVX) stake by 2.52% reported in 2017Q3 SEC filing. Nordea Investment Management Ab acquired 7,337 shares as Chevron (CVX)’s stock declined 3.45%. The Nordea Investment Management Ab holds 298,110 shares with $35.03M value, up from 290,773 last quarter. Chevron now has $216.87B valuation. The stock decreased 1.62% or $1.87 during the last trading session, reaching $113.53. About 3.34M shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since March 19, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

Since October 16, 2017, it had 0 buys, and 1 sale for $3.06 million activity. Pate R. Hewitt sold $3.06M worth of Chevron Corporation (NYSE:CVX) on Monday, October 16.

Among 35 analysts covering Chevron Corporation (NYSE:CVX), 26 have Buy rating, 0 Sell and 9 Hold. Therefore 74% are positive. Chevron Corporation had 118 analyst reports since August 4, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Monday, July 11 report. The firm has “Overweight” rating by JP Morgan given on Tuesday, December 15. RBC Capital Markets maintained the shares of CVX in report on Tuesday, January 30 with “Sell” rating. BMO Capital Markets initiated Chevron Corporation (NYSE:CVX) on Tuesday, September 13 with “Outperform” rating. The rating was maintained by RBC Capital Markets on Tuesday, November 7 with “Sell”. The company was upgraded on Friday, February 9 by RBC Capital Markets. The company was initiated on Friday, March 18 by Nomura. The firm has “Sector Perform” rating given on Wednesday, March 9 by RBC Capital Markets. The stock of Chevron Corporation (NYSE:CVX) earned “Hold” rating by HSBC on Thursday, January 18. Bank of America maintained it with “Buy” rating and $125 target in Tuesday, October 3 report.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.04, from 0.95 in 2017Q2. It improved, 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. Congress Asset Mgmt Ma, a Massachusetts-based fund reported 364,478 shares. Fin Consulate holds 3,395 shares or 0.22% of its portfolio. Southeast Asset Advsrs Incorporated stated it has 58,337 shares or 2.17% of all its holdings. Saturna Corporation has 0.02% invested in Chevron Corporation (NYSE:CVX). Lazard Asset Mgmt Ltd Liability reported 367,883 shares stake. Barrington Strategic Wealth Management Gru Ltd Liability invested 0.87% in Chevron Corporation (NYSE:CVX). King Luther Mgmt reported 0.65% of its portfolio in Chevron Corporation (NYSE:CVX). M Kraus invested in 1.1% or 15,007 shares. Fcg Ltd Liability Corp reported 0.16% of its portfolio in Chevron Corporation (NYSE:CVX). Moreover, Nichols Pratt Advisers Limited Liability Partnership Ma has 0.08% invested in Chevron Corporation (NYSE:CVX). Tradition Cap Limited Liability Corp accumulated 13,168 shares. Syntal Ptnrs Limited reported 0.41% of its portfolio in Chevron Corporation (NYSE:CVX). Scott Selber Inc reported 0.21% of its portfolio in Chevron Corporation (NYSE:CVX). 4,572 were accumulated by Corecommodity Mngmt Ltd Com. Moreover, Hollencrest Secs Ltd has 0.07% invested in Chevron Corporation (NYSE:CVX).

Nordea Investment Management Ab decreased Matrix Service (NASDAQ:MTRX) stake by 39,370 shares to 187,631 valued at $2.85M in 2017Q3. It also reduced Rockwell Collins (NYSE:COL) stake by 575,086 shares and now owns 466,126 shares. Metlife (NYSE:MET) was reduced too.

A. D. Beadell Investment Counsel Inc. holds 0.99% of its portfolio in ASA Gold and Precious Metals Limited for 98,200 shares. Bennicas & Associates Inc. owns 81,430 shares or 0.82% of their US portfolio. Moreover, Ws Management Lllp has 0.27% invested in the company for 907,946 shares. The New York-based Lazard Asset Management Llc has invested 0.07% in the stock. Sii Investments Inc Wi, a Wisconsin-based fund reported 90,878 shares.

The stock decreased 0.19% or $0.02 during the last trading session, reaching $10.24. About 83,792 shares traded. ASA Gold and Precious Metals Limited (ASA) has declined 1.62% since March 19, 2017 and is downtrending. It has underperformed by 18.32% the S&P500.

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