Holistic Financial Partners bought a new position in Chevron Co. (NYSE:CVX) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,836 shares of the oil and gas company’s stock, valued at approximately $225,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alps Advisors Inc. increased its holdings in Chevron by 1,398.9% during the second quarter. Alps Advisors Inc. now owns 193,243 shares of the oil and gas company’s stock valued at $24,192,000 after buying an additional 180,351 shares during the last quarter. Eqis Capital Management Inc. increased its holdings in Chevron by 130.0% during the second quarter. Eqis Capital Management Inc. now owns 4,467 shares of the oil and gas company’s stock valued at $565,000 after buying an additional 2,525 shares during the last quarter. First Quadrant L P CA increased its holdings in Chevron by 13.6% during the second quarter. First Quadrant L P CA now owns 95,818 shares of the oil and gas company’s stock valued at $12,114,000 after buying an additional 11,472 shares during the last quarter. Community Financial Services Group LLC increased its holdings in Chevron by 186.7% during the second quarter. Community Financial Services Group LLC now owns 11,090 shares of the oil and gas company’s stock valued at $1,402,000 after buying an additional 7,222 shares during the last quarter. Finally, Stuart Chaussee & Associates Inc. increased its holdings in Chevron by 51.5% during the second quarter. Stuart Chaussee & Associates Inc. now owns 5,280 shares of the oil and gas company’s stock valued at $668,000 after buying an additional 1,796 shares during the last quarter. Institutional investors own 64.58% of the company’s stock.

CVX opened at $114.65 on Friday. The company has a market capitalization of $215.94 billion, a price-to-earnings ratio of 30.99, a PEG ratio of 4.96 and a beta of 1.09. Chevron Co. has a 1-year low of $100.22 and a 1-year high of $131.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.01.

Chevron (NYSE:CVX) last posted its quarterly earnings results on Friday, November 2nd. The oil and gas company reported $2.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.06 by $0.05. The business had revenue of $43.99 billion during the quarter, compared to analyst estimates of $47.17 billion. Chevron had a net margin of 8.79% and a return on equity of 8.19%. The company’s revenue was up 21.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.03 earnings per share. Equities research analysts anticipate that Chevron Co. will post 7.7 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, March 11th. Shareholders of record on Friday, February 15th will be given a $1.19 dividend. This is a positive change from Chevron’s previous quarterly dividend of $1.12. This represents a $4.76 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend is Thursday, February 14th. Chevron’s dividend payout ratio is presently 121.08%.

In other Chevron news, insider James William Johnson sold 4,750 shares of the company’s stock in a transaction that occurred on Tuesday, January 15th. The shares were sold at an average price of $112.20, for a total value of $532,950.00. Following the completion of the transaction, the insider now directly owns 4,750 shares in the company, valued at $532,950. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last quarter, insiders sold 19,000 shares of company stock valued at $2,233,925. Company insiders own 0.46% of the company’s stock.

CVX has been the subject of a number of research reports. Piper Jaffray Companies reaffirmed an “overweight” rating on shares of Chevron in a report on Tuesday, October 23rd. Credit Suisse Group raised shares of Chevron from a “neutral” rating to an “outperform” rating and set a $138.00 target price for the company in a report on Monday, November 5th. Bank of America reaffirmed a “neutral” rating and set a $140.00 target price (up from $135.00) on shares of Chevron in a report on Monday, November 5th. Wells Fargo & Co reduced their target price on shares of Chevron from $160.00 to $158.00 and set an “outperform” rating for the company in a report on Monday, November 5th. Finally, Societe Generale reduced their target price on shares of Chevron from $150.00 to $128.00 and set a “buy” rating for the company in a report on Wednesday, December 19th. Nine analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $132.90.

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About Chevron

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

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Institutional Ownership by Quarter for Chevron (NYSE:CVX)

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