Country Trust Bank Has Lifted Its Pacific Gas And Electric Co (PCG) Holding; Salem Investment Counselors Has Decreased Chevron New (CVX) Stake By $612,500

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Salem Investment Counselors Inc decreased Chevron Corp New (CVX) stake by 12.56% reported in 2017Q4 SEC filing. Salem Investment Counselors Inc sold 4,900 shares as Chevron Corp New (CVX)’s stock declined 8.26%. The Salem Investment Counselors Inc holds 34,109 shares with $4.27M value, down from 39,009 last quarter. Chevron Corp New now has $234.51B valuation. The stock increased 0.15% or $0.18 during the last trading session, reaching $122.72. About 5.33M shares traded. Chevron Corporation (NYSE:CVX) has risen 7.88% since April 26, 2017 and is uptrending. It has underperformed by 3.67% the S&P500.

Country Trust Bank increased Pacific Gas And Electric Co (PCG) stake by 29.87% reported in 2017Q4 SEC filing. Country Trust Bank acquired 64,167 shares as Pacific Gas And Electric Co (PCG)’s stock declined 1.41%. The Country Trust Bank holds 279,011 shares with $12.51M value, up from 214,844 last quarter. Pacific Gas And Electric Co now has $23.91 billion valuation. The stock increased 0.09% or $0.04 during the last trading session, reaching $46.34. About 3.93M shares traded. PG&E Corporation (NYSE:PCG) has declined 34.60% since April 26, 2017 and is downtrending. It has underperformed by 46.15% the S&P500.

Among 35 analysts covering Chevron Corporation (NYSE:CVX), 26 have Buy rating, 0 Sell and 9 Hold. Therefore 74% are positive. Chevron Corporation had 120 analyst reports since August 4, 2015 according to SRatingsIntel. Cowen & Co maintained Chevron Corporation (NYSE:CVX) on Tuesday, October 24 with “Buy” rating. The firm earned “Neutral” rating on Friday, March 18 by Goldman Sachs. The stock of Chevron Corporation (NYSE:CVX) earned “Hold” rating by S&P Research on Tuesday, August 4. The stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given on Sunday, April 22 by Piper Jaffray. The firm has “Sell” rating given on Friday, October 27 by RBC Capital Markets. UBS maintained Chevron Corporation (NYSE:CVX) on Monday, August 3 with “Neutral” rating. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, November 1 report. The firm has “Buy” rating given on Friday, February 2 by Societe Generale. As per Wednesday, March 7, the company rating was upgraded by DZ Bank. The stock of Chevron Corporation (NYSE:CVX) earned “Neutral” rating by Credit Suisse on Wednesday, March 9.

Since April 17, 2018, it had 0 insider purchases, and 1 sale for $3.11 million activity. $3.11M worth of stock was sold by Pate R. Hewitt on Tuesday, April 17.

Investors sentiment increased to 0.99 in 2017 Q4. Its up 0.04, from 0.95 in 2017Q3. It is positive, 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. Forte Cap Lc Adv has invested 0.23% in Chevron Corporation (NYSE:CVX). 22,358 were accumulated by Sabal Tru. Goodman Finance has 2.52% invested in Chevron Corporation (NYSE:CVX). Dnb Asset Management As invested 0.15% in Chevron Corporation (NYSE:CVX). Harbour Invest Mngmt Llc accumulated 12,492 shares. Gilman Hill Asset Mngmt Ltd Llc holds 1.83% in Chevron Corporation (NYSE:CVX) or 35,802 shares. Burke And Herbert Comml Bank And Trust stated it has 19,512 shares. Penobscot Inv Management holds 1.07% of its portfolio in Chevron Corporation (NYSE:CVX) for 30,885 shares. Opus Cap Ltd Liability invested 0.08% of its portfolio in Chevron Corporation (NYSE:CVX). Riverpoint Cap Mgmt Ltd Liability reported 176,580 shares. Essex Invest Mgmt Lc holds 0.45% in Chevron Corporation (NYSE:CVX) or 27,042 shares. Caprock Inc owns 14,241 shares or 0.37% of their US portfolio. Gw Henssler & Associates owns 127,174 shares or 1.49% of their US portfolio. Wagner Bowman has 0.56% invested in Chevron Corporation (NYSE:CVX) for 16,865 shares. Ahl Prns Llp, United Kingdom-based fund reported 27,181 shares.

Salem Investment Counselors Inc increased Martin Marietta Matls Inc (NYSE:MLM) stake by 20,020 shares to 33,383 valued at $7.38 million in 2017Q4. It also upped Conocophillips (NYSE:COP) stake by 27,419 shares and now owns 29,987 shares. Alphabet Inc was raised too.

Analysts await Chevron Corporation (NYSE:CVX) to report earnings on April, 27 before the open. They expect $1.48 EPS, up 4.96% or $0.07 from last year’s $1.41 per share. CVX’s profit will be $2.83B for 20.73 P/E if the $1.48 EPS becomes a reality. After $0.73 actual EPS reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 102.74% EPS growth.

Country Trust Bank decreased Alphabet Inc Class C Common stake by 4,835 shares to 40,456 valued at $42.33 million in 2017Q4. It also reduced Wells Fargo Company Common (NYSE:WFC) stake by 9,936 shares and now owns 781,781 shares. Verizon Communications Common (NYSE:VZ) was reduced too.

Among 16 analysts covering PG&E Corporation (NYSE:PCG), 6 have Buy rating, 1 Sell and 9 Hold. Therefore 38% are positive. PG&E Corporation has $78.0 highest and $45.0 lowest target. $58.80’s average target is 26.89% above currents $46.34 stock price. PG&E Corporation had 52 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Sell” rating by Guggenheim given on Tuesday, January 2. The rating was maintained by Barclays Capital on Wednesday, September 2 with “Overweight”. The rating was maintained by Barclays Capital with “Overweight” on Friday, September 22. The company was upgraded on Friday, July 15 by RBC Capital Markets. The firm earned “Hold” rating on Monday, January 22 by Citigroup. The rating was maintained by Jefferies on Monday, June 12 with “Buy”. The firm has “Hold” rating given on Monday, December 18 by Wells Fargo. As per Tuesday, January 26, the company rating was upgraded by Morgan Stanley. The firm has “Buy” rating given on Wednesday, August 30 by Jefferies. The rating was maintained by Mizuho on Tuesday, May 24 with “Buy”.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.24, from 1.17 in 2017Q3. It turned negative, as 97 investors sold PCG shares while 174 reduced holdings. 109 funds opened positions while 142 raised stakes. 400.70 million shares or 2.67% less from 411.71 million shares in 2017Q3 were reported. 69,257 were reported by Omers Administration Corporation. Pensionfund Dsm Netherlands has invested 0.33% in PG&E Corporation (NYSE:PCG). Rand Wealth Ltd invested in 0.18% or 37,634 shares. Old Mutual Glob Invsts (Uk) Ltd holds 1% of its portfolio in PG&E Corporation (NYSE:PCG) for 2.42 million shares. Captrust Fin has invested 0% in PG&E Corporation (NYSE:PCG). Gotham Asset Mngmt Ltd Liability Corporation owns 27,423 shares or 0.02% of their US portfolio. National Bank Of The West, California-based fund reported 9,474 shares. Commonwealth Commercial Bank Of Aus stated it has 5.49M shares or 2.41% of all its holdings. Mackenzie Financial has invested 0.01% in PG&E Corporation (NYSE:PCG). Prudential Financial has 856,405 shares. 325,023 were reported by Highbridge Capital Mngmt. Indiana-based Indiana Tru Inv Management has invested 0.45% in PG&E Corporation (NYSE:PCG). Lord Abbett And Company Ltd Liability Corp reported 353,700 shares or 0.05% of all its holdings. Wetherby Asset Mgmt stated it has 4,872 shares or 0.03% of all its holdings. Scotia Cap accumulated 5,948 shares.

PG&E Corporation (NYSE:PCG) Institutional Positions Chart