Traders bought shares of Chevron Corp. (NYSE:CVX) on weakness during trading hours on Thursday. $147.02 million flowed into the stock on the tick-up and $109.50 million flowed out of the stock on the tick-down, for a money net flow of $37.52 million into the stock. Of all stocks tracked, Chevron Corp. had the 11th highest net in-flow for the day. Chevron Corp. traded down ($0.20) for the day and closed at $105.39

CVX has been the topic of a number of analyst reports. Simmons upped their price target on Chevron Corp. to $84.00 in a research report on Friday, March 25th. Citigroup Inc. reissued an “outperform” rating on shares of Chevron Corp. in a research note on Friday, April 1st. Vetr raised Chevron Corp. from a “hold” rating to a “buy” rating and set a $99.90 price objective on the stock in a research note on Thursday, March 31st. Jefferies Group reissued a “buy” rating and issued a $110.00 price objective on shares of Chevron Corp. in a research note on Monday, April 4th. Finally, Credit Suisse Group AG reissued a “hold” rating and issued a $100.00 price objective on shares of Chevron Corp. in a research note on Thursday, June 2nd. Fourteen equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. Chevron Corp. presently has an average rating of “Buy” and a consensus price target of $97.66.

The company has a market capitalization of $198.63 billion and a PE ratio of 152.52. The firm’s 50-day moving average price is $103.45 and its 200-day moving average price is $95.31.

Chevron Corp. (NYSE:CVX) last announced its quarterly earnings data on Friday, April 29th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by $0.29. During the same quarter last year, the company earned $1.37 earnings per share. The firm earned $23.53 billion during the quarter, compared to the consensus estimate of $21.47 billion. Chevron Corp.’s revenue for the quarter was down 31.9% compared to the same quarter last year. Analysts predict that Chevron Corp. will post $1.40 EPS for the current year.

In other news, Director Linnet F. Deily sold 869 shares of the business’s stock in a transaction dated Monday, May 2nd. The stock was sold at an average price of $103.27, for a total value of $89,741.63. Following the transaction, the director now directly owns 25,279 shares of the company’s stock, valued at approximately $2,610,562.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Other hedge funds and institutional investors have made changes to their positions in the company. IFC Holdings Incorporated FL increased its position in shares of Chevron Corp. by 0.3% in the fourth quarter. IFC Holdings Incorporated FL now owns 17,365 shares of the company’s stock worth $1,560,000 after buying an additional 57 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its position in shares of Chevron Corp. by 0.5% in the fourth quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 24,952 shares of the company’s stock worth $2,245,000 after buying an additional 113 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in shares of Chevron Corp. by 0.3% in the fourth quarter. Ameritas Investment Partners Inc. now owns 54,613 shares of the company’s stock worth $4,912,000 after buying an additional 160 shares in the last quarter. Formidable Asset Management LLC increased its position in shares of Chevron Corp. by 0.9% in the fourth quarter. Formidable Asset Management LLC now owns 17,735 shares of the company’s stock worth $1,526,000 after buying an additional 164 shares in the last quarter. Finally, Flippin Bruce & Porter Inc. increased its position in shares of Chevron Corp. by 0.3% in the fourth quarter. Flippin Bruce & Porter Inc. now owns 61,895 shares of the company’s stock worth $5,568,000 after buying an additional 179 shares in the last quarter.

Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream.

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