Hwg Holdings LP Boosted Chevron New Com (CVX) Position; Mainstay Definedterm Municipal Opportunities Fund Has 2.38 Sentiment

May 23, 2018 - By Marie Mckinney

Chevron Corporation (NYSE:CVX) Logo

Hwg Holdings Lp increased Chevron Corp New Com (CVX) stake by 134.53% reported in 2017Q4 SEC filing. Hwg Holdings Lp acquired 4,360 shares as Chevron Corp New Com (CVX)’s stock declined 8.26%. The Hwg Holdings Lp holds 7,601 shares with $952,000 value, up from 3,241 last quarter. Chevron Corp New Com now has $245.04 billion valuation. The stock decreased 0.88% or $1.14 during the last trading session, reaching $128.23. About 5.44 million shares traded. Chevron Corporation (NYSE:CVX) has risen 7.88% since May 23, 2017 and is uptrending. It has underperformed by 3.67% the S&P500.

Mainstay Definedterm Municipal Opportunities Fund (MMD) investors sentiment increased to 2.38 in 2017 Q4. It’s up 1.21, from 1.17 in 2017Q3. The ratio is positive, as 19 investment managers increased and started new stock positions, while 8 sold and decreased their positions in Mainstay Definedterm Municipal Opportunities Fund. The investment managers in our database now own: 3.49 million shares, down from 3.61 million shares in 2017Q3. Also, the number of investment managers holding Mainstay Definedterm Municipal Opportunities Fund in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 5 Increased: 16 New Position: 3.

Since April 17, 2018, it had 0 buys, and 8 insider sales for $48.52 million activity. Geagea Joseph C also sold $1.56 million worth of Chevron Corporation (NYSE:CVX) shares. $3.11M worth of Chevron Corporation (NYSE:CVX) was sold by Pate R. Hewitt. $3.26 million worth of Chevron Corporation (NYSE:CVX) was sold by Breber Pierre R. Wirth Michael K sold $16.64M worth of Chevron Corporation (NYSE:CVX) on Monday, May 7. Yarrington Patricia E had sold 135,000 shares worth $17.55 million.

Hwg Holdings Lp decreased Allegiance Bancsharesinc Com stake by 14,023 shares to 10,000 valued at $376,000 in 2017Q4. It also reduced First Tr Nasdaq 100 Technology (QTEC) stake by 31,170 shares and now owns 10,788 shares. Monolithic Pwr Sys Inccom (NASDAQ:MPWR) was reduced too.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: Seekingalpha.com which released: “Chevron: A Dividend Stock I’ll Never Buy” on May 17, 2018, also Seekingalpha.com with their article: “Chevron Impresses In The Permian” published on May 11, 2018, Seekingalpha.com published: “Reuters: Valero hiked imports of Venezuelan oil while falling at refining peers” on May 22, 2018. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Investorplace.com and their article: “Use Cautious Optimism With Chevron Corporation Stock Right Now” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Chevron 2018 Turns Into A Cash Machine” with publication date: May 03, 2018.

Among 35 analysts covering Chevron Corporation (NYSE:CVX), 26 have Buy rating, 0 Sell and 9 Hold. Therefore 74% are positive. Chevron Corporation had 122 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Thursday, October 19. As per Tuesday, September 13, the company rating was initiated by BMO Capital Markets. The rating was maintained by Credit Suisse on Wednesday, March 7 with “Neutral”. Piper Jaffray maintained Chevron Corporation (NYSE:CVX) on Tuesday, January 23 with “Buy” rating. Macquarie Research upgraded the stock to “Outperform” rating in Thursday, December 15 report. The firm has “Buy” rating given on Thursday, December 21 by Cowen & Co. The rating was upgraded by CLSA to “Buy” on Tuesday, November 15. As per Tuesday, November 7, the company rating was maintained by RBC Capital Markets. The company was upgraded on Friday, September 11 by JP Morgan. The company was upgraded on Tuesday, November 3 by Evercore.

Investors sentiment increased to 0.99 in 2017 Q4. Its up 0.04, from 0.95 in 2017Q3. It increased, as 51 investors sold CVX shares while 686 reduced holdings. 122 funds opened positions while 608 raised stakes. 1.19 billion shares or 0.58% more from 1.18 billion shares in 2017Q3 were reported. Goelzer Inv Mgmt invested in 99,824 shares or 1.4% of the stock. Lowe Brockenbrough & reported 126,959 shares. State Of Tennessee Treasury Department stated it has 904,014 shares or 0.51% of all its holdings. First Quadrant Lp Ca holds 0.39% or 163,820 shares in its portfolio. James Inv Rech reported 0.09% of its portfolio in Chevron Corporation (NYSE:CVX). Frontier Investment Management holds 0.3% of its portfolio in Chevron Corporation (NYSE:CVX) for 28,932 shares. Numeric Ltd Liability Corporation accumulated 123,350 shares. Clearbridge Investments Lc reported 1.77 million shares stake. Moreover, Professional Advisory Inc has 0.11% invested in Chevron Corporation (NYSE:CVX). Private Asset Mngmt holds 173,604 shares or 3.46% of its portfolio. The Pennsylvania-based Federated Investors Pa has invested 2.23% in Chevron Corporation (NYSE:CVX). Lafleur & Godfrey Ltd Liability Corporation accumulated 22,299 shares. Waldron Lp owns 8,445 shares. Williams Jones Limited Liability Corporation reported 207,798 shares stake. Ajo Lp reported 1.42M shares.

Summit Financial Wealth Advisors Llc holds 0.25% of its portfolio in MainStay DefinedTerm Municipal Opportunities Fund for 36,150 shares. Usca Ria Llc owns 78,022 shares or 0.17% of their US portfolio. Moreover, Advisors Asset Management Inc. has 0.08% invested in the company for 251,873 shares. The Georgia-based Advisory Services Network Llc has invested 0.05% in the stock. Stratos Wealth Partners Ltd., a Ohio-based fund reported 34,000 shares.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart

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