Waverton Investment Management LTD Has Lowered Verizon Communications Com Us$0.10 (VZ) Position; Griffin Asset Management Has Upped Chevron (CVX) Stake

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Waverton Investment Management Ltd decreased Verizon Communications Com Us$0.10 (VZ) stake by 14.58% reported in 2017Q4 SEC filing. Waverton Investment Management Ltd sold 39,379 shares as Verizon Communications Com Us$0.10 (VZ)’s stock declined 11.05%. The Waverton Investment Management Ltd holds 230,684 shares with $12.21 million value, down from 270,063 last quarter. Verizon Communications Com Us$0.10 now has $199.13B valuation. The stock increased 0.65% or $0.31 during the last trading session, reaching $48.24. About 13.20 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since April 6, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Griffin Asset Management Inc increased Chevron Corp (CVX) stake by 2.33% reported in 2017Q4 SEC filing. Griffin Asset Management Inc acquired 2,551 shares as Chevron Corp (CVX)’s stock declined 8.26%. The Griffin Asset Management Inc holds 112,198 shares with $14.05 million value, up from 109,647 last quarter. Chevron Corp now has $224.05B valuation. The stock increased 2.45% or $2.81 during the last trading session, reaching $117.29. About 7.20M shares traded or 0.48% up from the average. Chevron Corporation (NYSE:CVX) has risen 7.88% since April 6, 2017 and is uptrending. It has underperformed by 3.67% 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 has $160.0 highest and $65 lowest target. $116.52’s average target is -0.66% below currents $117.29 stock price. Chevron Corporation had 118 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, July 21 by Citigroup. Piper Jaffray maintained Chevron Corporation (NYSE:CVX) rating on Tuesday, October 10. Piper Jaffray has “Buy” rating and $126.0 target. The stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given on Wednesday, December 20 by Jefferies. The stock has “Buy” rating by Citigroup on Wednesday, December 2. Societe Generale upgraded the shares of CVX in report on Friday, February 2 to “Buy” rating. The stock of Chevron Corporation (NYSE:CVX) has “Equal-Weight” rating given on Monday, October 12 by Barclays Capital. The firm has “Underperform” rating by BNP Paribas given on Friday, May 26. The stock has “Hold” rating by HSBC on Tuesday, January 10. The firm has “Buy” rating by BMO Capital Markets given on Thursday, June 22. The firm has “Sell” rating by RBC Capital Markets given on Tuesday, November 7.

Investors sentiment increased to 0.99 in Q4 2017. Its up 0.04, from 0.95 in 2017Q3. It increased, 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. Mai Management holds 57,433 shares or 0.41% of its portfolio. Profund Advisors Llc stated it has 0.53% of its portfolio in Chevron Corporation (NYSE:CVX). Motco holds 0.92% of its portfolio in Chevron Corporation (NYSE:CVX) for 73,102 shares. Riverhead Capital Mgmt Limited Liability invested in 39,422 shares or 0.21% of the stock. James Invest stated it has 21,325 shares or 0.09% of all its holdings. Laurion Cap Mngmt Lp has invested 0.01% in Chevron Corporation (NYSE:CVX). Doheny Asset Mngmt Ca holds 22,643 shares or 1.32% of its portfolio. Murphy Pohlad Asset Limited Liability Co has 6,300 shares. Honeywell holds 2.04% or 491,800 shares in its portfolio. Cutter Com Brokerage Inc has invested 0.18% in Chevron Corporation (NYSE:CVX). 14,191 were reported by At Commercial Bank. Zeke Advisors Lc stated it has 0.56% in Chevron Corporation (NYSE:CVX). Ipswich Investment Mgmt accumulated 42,246 shares or 2.24% of the stock. Florida-based Edmp Incorporated has invested 3.27% in Chevron Corporation (NYSE:CVX). Cornerstone holds 0.35% or 4,200 shares in its portfolio.

Griffin Asset Management Inc decreased Johnson & Johnson (NYSE:JNJ) stake by 3,352 shares to 69,357 valued at $9.69M in 2017Q4. It also reduced Intel Corp (NASDAQ:INTC) stake by 14,001 shares and now owns 135,506 shares. Microsoft Corp (NASDAQ:MSFT) was reduced too.

Since October 16, 2017, it had 0 buys, and 1 insider sale for $3.06 million activity. 25,500 Chevron Corporation (NYSE:CVX) shares with value of $3.06M were sold by Pate R. Hewitt.

Waverton Investment Management Ltd increased Activision Blizzard Inc Com Us$0.000001 (NASDAQ:ATVI) stake by 343,697 shares to 943,017 valued at $59.71M in 2017Q4. It also upped Honeywell International Inc Com Us$1.00 (NYSE:HON) stake by 30,262 shares and now owns 531,435 shares. Becton Dickinson Com Us$1 (NYSE:BDX) was raised too.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on April, 19. They expect $1.12 earnings per share, up 17.89% or $0.17 from last year’s $0.95 per share. VZ’s profit will be $4.62B for 10.77 P/E if the $1.12 EPS becomes a reality. After $0.86 actual earnings per share reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts 30.23% EPS growth.

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.14, from 0.88 in 2017Q3. It is positive, as 57 investors sold VZ shares while 662 reduced holdings. 141 funds opened positions while 592 raised stakes. 2.54 billion shares or 0.48% more from 2.53 billion shares in 2017Q3 were reported. Mcf Advsrs Lc holds 0.11% or 11,677 shares. Suntrust Banks holds 0.6% or 2.11 million shares in its portfolio. Exxonmobil Investment Mngmt Inc Tx has invested 0.94% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Gam Hldgs Ag has invested 0.18% in Verizon Communications Inc. (NYSE:VZ). Panagora Asset Mngmt Inc stated it has 1.21M shares or 0.24% of all its holdings. Cutter & Brokerage holds 0.41% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 19,004 shares. Tennessee-based Wunderlich Managemnt has invested 0.79% in Verizon Communications Inc. (NYSE:VZ). Capital Planning Advsrs Llc accumulated 16,908 shares. Beese Fulmer Invest invested 0.87% in Verizon Communications Inc. (NYSE:VZ). Ontario – Canada-based Cibc World has invested 0.29% in Verizon Communications Inc. (NYSE:VZ). 500 are held by Goodman Fincl Corp. Train Babcock Advsrs Ltd Liability Corporation holds 2.23% or 95,746 shares in its portfolio. Old Mutual Customised Solutions (Proprietary) has invested 1.39% in Verizon Communications Inc. (NYSE:VZ). Milestone Grp invested in 9,274 shares. Regal Inv Limited Liability Co invested in 25,487 shares.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart