Centurylink Investment Management Company Upped Its Chevron New (CVX) Stake; Bear State Financial (BSF) SI Decreased By 12.18%

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Centurylink Investment Management Company increased Chevron Corp New (CVX) stake by 137.97% reported in 2017Q4 SEC filing. Centurylink Investment Management Company acquired 16,599 shares as Chevron Corp New (CVX)’s stock declined 8.26%. The Centurylink Investment Management Company holds 28,630 shares with $3.58M value, up from 12,031 last quarter. Chevron Corp New now has $247.39B valuation. The stock increased 0.79% or $1.02 during the last trading session, reaching $129.46. About 5.24M shares traded. Chevron Corporation (NYSE:CVX) has risen 7.88% since May 18, 2017 and is uptrending. It has underperformed by 3.67% the S&P500.

Bear State Financial Inc (NASDAQ:BSF) had a decrease of 12.18% in short interest. BSF’s SI was 153,600 shares in May as released by FINRA. Its down 12.18% from 174,900 shares previously. With 32,400 avg volume, 5 days are for Bear State Financial Inc (NASDAQ:BSF)’s short sellers to cover BSF’s short positions. The SI to Bear State Financial Inc’s float is 0.77%. The stock increased 0.10% or $0.01 during the last trading session, reaching $10.32. About 52,461 shares traded or 133.19% up from the average. Bear State Financial, Inc. (NASDAQ:BSF) has risen 11.66% since May 18, 2017 and is uptrending. It has outperformed by 0.11% the S&P500.

Bear State Financial, Inc. operates as the bank holding firm for Bear State Bank, N.A. that provides various financial products to individuals and business customers. The company has market cap of $390.22 million. The firm offers a range of retail and business deposit accounts, including noninterest and interest bearing checking, savings and money market, and individual retirement accounts, as well as certificates of deposit. It has a 18.43 P/E ratio. It also provides loans comprising one-to four-family residential real estate, multifamily residential real estate, nonfarm nonresidential, farmland, construction and land development, and commercial real estate and commercial business loans; and consumer loans, such as automobile, deposit account secured, and unsecured loans, as well as lines of credit.

Centurylink Investment Management Company decreased Intel Corp (NASDAQ:INTC) stake by 13,305 shares to 81,067 valued at $3.74 million in 2017Q4. It also reduced Norfolk Southn Corp (NYSE:NSC) stake by 2,873 shares and now owns 13,098 shares. Dowdupont Inc was reduced too.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: Seekingalpha.com which released: “Chevron: A Dividend Stock I’ll Never Buy” on May 17, 2018, also Seekingalpha.com with their article: “Chevron Impresses In The Permian” published on May 11, 2018, Seekingalpha.com published: “Chevron seeks shared development of Australia’s Carnarvon basin” on May 16, 2018. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Investorplace.com and their article: “Use Cautious Optimism With Chevron Corporation Stock Right Now” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Chevron 2018 Turns Into A Cash Machine” with publication date: May 03, 2018.

Among 35 analysts covering Chevron Corporation (NYSE:CVX), 26 have Buy rating, 0 Sell and 9 Hold. Therefore 74% are positive. Chevron Corporation had 122 analyst reports since August 4, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Buy” rating and $14000 target in Sunday, April 22 report. The company was upgraded on Monday, June 5 by HSBC. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, January 23. The firm has “Sell” rating given on Tuesday, September 19 by RBC Capital Markets. The firm has “Sell” rating given on Friday, October 27 by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, February 28 by Bank of America. The firm has “Neutral” rating given on Wednesday, June 21 by Macquarie Research. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, January 24. The firm has “Underperform” rating given on Friday, May 26 by BNP Paribas. The company was initiated on Monday, December 11 by Credit Suisse.

Since April 17, 2018, it had 0 insider purchases, and 8 sales for $48.52 million activity. Wirth Michael K had sold 130,000 shares worth $16.64M. Shares for $1.56M were sold by Geagea Joseph C. Shares for $3.11 million were sold by Pate R. Hewitt. Yarrington Patricia E sold 135,000 shares worth $17.55M. Breber Pierre R also sold $3.26M worth of Chevron Corporation (NYSE:CVX) shares.

Investors sentiment increased to 0.99 in Q4 2017. 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. Linscomb Williams holds 56,511 shares or 0.58% of its portfolio. Private Management Gru holds 0.01% in Chevron Corporation (NYSE:CVX) or 2,053 shares. Cushing Asset Mngmt Lp has invested 0.15% in Chevron Corporation (NYSE:CVX). Westchester Capital Mgmt holds 0.05% of its portfolio in Chevron Corporation (NYSE:CVX) for 1,031 shares. Advsr Asset Mgmt holds 0.64% in Chevron Corporation (NYSE:CVX) or 309,633 shares. Monetary Gp Inc owns 12,941 shares. Hollencrest Mngmt invested 0.05% of its portfolio in Chevron Corporation (NYSE:CVX). Cap Advsrs Ltd accumulated 83 shares or 0% of the stock. Woodmont Counsel Ltd Liability accumulated 31,500 shares. Cambiar Investors Ltd Liability Corp invested 0% in Chevron Corporation (NYSE:CVX). Brighton Jones Ltd Liability Com owns 12,721 shares. Meristem Llp has invested 0.2% in Chevron Corporation (NYSE:CVX). Outfitter Advisors Limited holds 5,738 shares or 0.24% of its portfolio. Chatham Group reported 4,852 shares or 0.17% of all its holdings. First Foundation Advsr holds 22,677 shares.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart