Householder Group Estate & Retirement Specialist LLC Has $81,000 Position in Chevron Co. (NYSE:CVX)

Householder Group Estate & Retirement Specialist LLC cut its stake in Chevron Co. (NYSE:CVX - Free Report) by 87.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 563 shares of the oil and gas company's stock after selling 4,098 shares during the period. Householder Group Estate & Retirement Specialist LLC's holdings in Chevron were worth $81,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Relyea Zuckerberg Hanson LLC boosted its holdings in Chevron by 12.4% during the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 5,359 shares of the oil and gas company's stock worth $776,000 after buying an additional 590 shares during the last quarter. Saxon Interests Inc. boosted its stake in Chevron by 3.2% during the 4th quarter. Saxon Interests Inc. now owns 18,820 shares of the oil and gas company's stock worth $2,726,000 after acquiring an additional 591 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in Chevron by 8.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 26,659 shares of the oil and gas company's stock valued at $3,861,000 after purchasing an additional 1,966 shares during the period. Procyon Advisors LLC increased its stake in Chevron by 32.1% in the fourth quarter. Procyon Advisors LLC now owns 39,499 shares of the oil and gas company's stock valued at $5,721,000 after purchasing an additional 9,602 shares in the last quarter. Finally, Total Wealth Planning LLC raised its holdings in Chevron by 38.5% in the fourth quarter. Total Wealth Planning LLC now owns 11,062 shares of the oil and gas company's stock worth $1,602,000 after purchasing an additional 3,077 shares during the period. 72.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Chevron

In other 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 sale, the chief executive officer now directly owns 4,280 shares of the company's stock, valued at approximately $685,356.40. This represents a 97.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.20% of the company's stock.

Chevron Stock Performance

Shares of Chevron stock traded up $2.16 on Friday, hitting $161.54. The stock had a trading volume of 9,233,657 shares, compared to its average volume of 7,835,055. The stock has a market cap of $290.30 billion, a price-to-earnings ratio of 17.75, a price-to-earnings-growth ratio of 2.62 and a beta of 1.12. The business's 50 day moving average is $153.93 and its two-hundred day moving average is $151.05. The company has a quick ratio of 0.80, a current ratio of 1.07 and a debt-to-equity ratio of 0.13. Chevron Co. has a twelve month low of $135.37 and a twelve month high of $167.11.

Chevron (NYSE:CVX - Get Free Report) last posted its earnings results on Friday, November 1st. The oil and gas company reported $2.51 earnings per share for the quarter, topping analysts' consensus estimates of $2.47 by $0.04. Chevron had a return on equity of 13.15% and a net margin of 8.44%. The company had revenue of $50.67 billion during the quarter, compared to the consensus estimate of $48.86 billion. During the same quarter last year, the firm earned $3.05 earnings per share. The company's revenue was down 6.3% on a year-over-year basis. Analysts forecast that Chevron Co. will post 10.39 EPS for the current year.

Chevron Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Monday, November 18th were given a dividend of $1.63 per share. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.04%. Chevron's payout ratio is presently 71.65%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on CVX shares. Citigroup raised Chevron from a "neutral" rating to a "buy" rating and raised their price target for the stock from $145.00 to $185.00 in a research report on Tuesday, November 26th. Wells Fargo & Company lifted their price target on shares of Chevron from $171.00 to $188.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. Scotiabank lowered their price objective on shares of Chevron from $180.00 to $163.00 and set a "sector outperform" rating for the company in a research report on Thursday, October 10th. UBS Group boosted their price objective on shares of Chevron from $194.00 to $195.00 and gave the company a "buy" rating in a research report on Tuesday, December 3rd. Finally, Barclays increased 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 assigned a buy rating to the company. According to data from MarketBeat.com, Chevron has an average rating of "Moderate Buy" and an average target price of $175.27.

About Chevron

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.