Investors sold shares of Chevron Corp. (NYSE:CVX) on strength during trading hours on Tuesday. $148.91 million flowed into the stock on the tick-up and $172.55 million flowed out of the stock on the tick-down, for a money net flow of $23.64 million out of the stock. Of all equities tracked, Chevron Corp. had the 0th highest net out-flow for the day. Chevron Corp. traded up $0.48 for the day and closed at $99.59

A number of research analysts recently commented on CVX shares. Jefferies Group reaffirmed a “buy” rating and set a $116.00 price objective (up from $114.00) on shares of Chevron Corp. in a research report on Wednesday, July 6th. Vetr raised shares of Chevron Corp. from a “hold” rating to a “buy” rating and set a $106.08 price objective on the stock in a research report on Thursday, May 19th. Zacks Investment Research raised shares of Chevron Corp. from a “hold” rating to a “buy” rating and set a $118.00 price objective on the stock in a research report on Tuesday, July 12th. Barclays PLC boosted their price objective on shares of Chevron Corp. from $89.00 to $97.00 and gave the company an “equal weight” rating in a research report on Friday, April 8th. Finally, Collins Stewart reaffirmed a “buy” rating on shares of Chevron Corp. in a research report on Thursday, May 12th. Thirteen investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $98.89.

The company’s market cap is $187.70 billion. The company has a 50 day moving average price of $103.48 and a 200 day moving average price of $96.51.

Chevron Corp. (NYSE:CVX) last announced its quarterly earnings results on Friday, July 29th. The company reported ($0.78) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $1.10. The business earned $29.28 billion during the quarter, compared to analyst estimates of $25.78 billion. Chevron Corp.’s revenue was down 27.4% on a year-over-year basis. During the same period last year, the company earned $0.30 earnings per share. On average, equities research analysts forecast that Chevron Corp. will post $1.26 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 12th. Shareholders of record on Friday, August 19th will be issued a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a yield of 4.30%. The ex-dividend date of this dividend is Wednesday, August 17th.

A number of large investors have made changes to their positions in CVX. IFC Holdings Incorporated FL increased its stake 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 valued at $1,560,000 after buying an additional 57 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake 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 valued at $2,245,000 after buying an additional 113 shares in the last quarter. Ameritas Investment Partners Inc. increased its stake 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 valued at $4,912,000 after buying an additional 160 shares in the last quarter. Formidable Asset Management LLC increased its stake 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 valued at $1,526,000 after buying an additional 164 shares in the last quarter. Finally, Flippin Bruce & Porter Inc. increased its stake 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 valued at $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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