S.A. Mason LLC Has $1.32 Million Holdings in Chevron Co. (NYSE:CVX)

S.A. Mason LLC raised its position in shares of Chevron Co. (NYSE:CVX) by 0.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,114 shares of the oil and gas company’s stock after acquiring an additional 81 shares during the period. S.A. Mason LLC’s holdings in Chevron were worth $1,320,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CVX. Abner Herrman & Brock LLC raised its holdings in shares of Chevron by 1.6% in the fourth quarter. Abner Herrman & Brock LLC now owns 91,173 shares of the oil and gas company’s stock valued at $13,205,000 after buying an additional 1,395 shares during the last quarter. Oak Family Advisors LLC boosted its position in Chevron by 11.4% in the 4th quarter. Oak Family Advisors LLC now owns 10,369 shares of the oil and gas company’s stock valued at $1,502,000 after buying an additional 1,064 shares during the last quarter. Magnolia Capital Advisors LLC increased its stake in shares of Chevron by 18.2% in the 4th quarter. Magnolia Capital Advisors LLC now owns 1,835 shares of the oil and gas company’s stock valued at $266,000 after buying an additional 282 shares during the period. KPP Advisory Services LLC lifted its stake in shares of Chevron by 4.0% during the fourth quarter. KPP Advisory Services LLC now owns 2,835 shares of the oil and gas company’s stock valued at $411,000 after acquiring an additional 110 shares during the period. Finally, HHM Wealth Advisors LLC boosted its holdings in Chevron by 89.9% in the fourth quarter. HHM Wealth Advisors LLC now owns 3,295 shares of the oil and gas company’s stock valued at $477,000 after acquiring an additional 1,560 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

Chevron Stock Down 4.5 %

Shares of CVX stock opened at $149.21 on Monday. The firm’s fifty day moving average price is $153.19 and its two-hundred day moving average price is $151.09. Chevron Co. has a 1 year low of $135.37 and a 1 year high of $167.11. The company has a current ratio of 1.07, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $268.14 billion, a P/E ratio of 15.35, a PEG ratio of 1.29 and a beta of 1.11.

Chevron (NYSE:CVX) last posted its quarterly earnings results on Friday, January 31st. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.42 by ($0.36). Chevron had a return on equity of 11.44% and a net margin of 8.71%. During the same period last year, the business posted $3.45 EPS. On average, equities analysts predict that Chevron Co. will post 11.45 EPS for the current fiscal year.

Chevron Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be issued a dividend of $1.71 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $6.84 dividend on an annualized basis and a yield of 4.58%. This is a boost from Chevron’s previous quarterly dividend of $1.63. Chevron’s dividend payout ratio (DPR) is presently 67.08%.

Analysts Set New Price Targets

CVX has been the topic of a number of research reports. DZ Bank upgraded shares of Chevron from a “hold” rating to a “buy” rating and set a $170.00 target price on the stock in a research report on Tuesday, November 5th. Scotiabank lowered their target price on shares of Chevron from $180.00 to $163.00 and set a “sector outperform” rating for the company in a report on Thursday, October 10th. Raymond James increased their price target on Chevron from $175.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, January 17th. Bank of America initiated coverage on Chevron in a research note on Thursday, October 17th. They set a “buy” rating and a $168.00 price objective for the company. Finally, Barclays raised their target price on Chevron from $168.00 to $174.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Chevron presently has an average rating of “Moderate Buy” and an average price target of $175.27.

Insider Transactions at Chevron

In other Chevron news, CEO Michael K. Wirth sold 164,600 shares of the stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $160.13, for a total transaction of $26,357,398.00. Following the transaction, the chief executive officer now owns 4,280 shares in the company, valued at $685,356.40. This trade represents a 97.47 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Chevron Company Profile

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