Homrich & Berg Has Trimmed Stake in At&T (T) as Shares Declined; Chevron New Com (CVX) Market Value Rose While Elm Advisors Lifted Position by $312,320

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Elm Advisors Llc increased its stake in Chevron Corp New Com (CVX) by 45.39% based on its latest 2018Q3 regulatory filing with the SEC. Elm Advisors Llc bought 2,560 shares as the company’s stock rose 0.40% while stock markets declined. The institutional investor held 8,200 shares of the integrated oil company at the end of 2018Q3, valued at $1.00M, up from 5,640 at the end of the previous reported quarter. Elm Advisors Llc who had been investing in Chevron Corp New Com for a number of months, seems to be bullish on the $224.67B market cap company. The stock decreased 0.55% or $0.65 during the last trading session, reaching $117.58. About 5.67M shares traded. Chevron Corporation (NYSE:CVX) has declined 3.92% since February 10, 2018 and is downtrending. It has underperformed by 3.92% the S&P500. Some Historical CVX News: 29/03/2018 – CHEVRON CORP CVX.N : CITIGROUP RAISES TARGET PRICE TO $133 FROM $125; 06/03/2018 – CHEVRON – EXPECT AVERAGE ETHYLENE CASH COSTS IN 2018-2022 TO BE LOWER THAN 2013-2017 – PRESENTATION; 05/03/2018 – North Sea Crude-Forties weakens, Chevron restarts Alba; 06/03/2018 – Chevron Says Dividend Growth Is Its Top Priority — Barron’s Blog; 25/05/2018 – GIBRALTAR COURT AWARDS CHEVRON $38M VS ECUADORIAN CONSPIRATORS; 09/03/2018 – SA’S COMPETITION TRIBUNAL – APPROVED MERGER INVOLVING CHINA’S LARGEST PETROLEUM REFINERY OWNER, HONG KONG BASED SINOPEC CORP AND CHEVRON SOUTH AFRICA; 26/03/2018 – CHEVRON CORP’S CVX.N JOHNSON SAYS DID NOT HAVE A LOT OF ‘TRAPPED CASH’ OVERSEAS BEFORE U.S. TAX OVERHAUL; 29/03/2018 – Texas Emissions: 281297 – CHEVRON PHILLIPS CHEMICAL SWEENY OLD OCEAN FACILITIES; 06/03/2018 – CHEVRON SEES PERMIAN UNCONVENTIONAL YE 2022 PRODUCTION OF 650 MBOED; 10/04/2018 – Chevron’s pay for former CEO Watson rose slightly in 2017

Homrich & Berg decreased its stake in At&T Inc (T) by 2.93% based on its latest 2018Q3 regulatory filing with the SEC. Homrich & Berg sold 21,243 shares as the company’s stock declined 7.66% with the market. The institutional investor held 704,341 shares of the telecommunications equipment company at the end of 2018Q3, valued at $23.65 million, down from 725,584 at the end of the previous reported quarter. Homrich & Berg who had been investing in At&T Inc for a number of months, seems to be less bullish one the $215.18B market cap company. The stock increased 0.34% or $0.1 during the last trading session, reaching $29.55. About 24.28 million shares traded. AT&T Inc. (NYSE:T) has declined 17.31% since February 10, 2018 and is downtrending. It has underperformed by 17.31% the S&P500. Some Historical T News: 21/03/2018 – United States v. AT&T is Heating Up; 25/04/2018 – AT&T 1Q Cash From Ops Was $8.9 Billion; 18/04/2018 – Alleged ‘robocall’ mastermind denies wrongdoing before U.S. Senate; 06/04/2018 – AT&T INC – EXCHANGE OFFERS EXPIRED AT 5:00 P.M., NEW YORK CITY TIME, ON APRIL 5, 2018; 30/04/2018 – Can T-Mobile/Sprint Compete With Verizon and AT&T (Video); 18/04/2018 – Time Warner CEO says merger with AT&T needed to compete with internet titans; 11/05/2018 – AT&T Top Washington Official Out Over Hiring of Trump’s Lawyer; 26/03/2018 – AT&T Fights Government Concerns over Time Warner Deal (Correct); 23/03/2018 – AT&T to Release First-Quarter 2018 Earnings April 25; 09/05/2018 – AT&T says it cooperated with Russia probe special counsel in Cohen case

Since September 13, 2018, it had 0 insider purchases, and 5 insider sales for $3.35 million activity.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: which released: “Clorox Company (The) (NYSE:CLX), Chevron Corporation (NYSE:CVX) – Highlight Reel Looks Light: Alphabet Reporting Later, But Early Action A Bit Slow – Benzinga” on February 04, 2019, also with their article: “Wall Street Weighs In On Chevron’s Mixed Quarter (NYSE:CVX) – Benzinga” published on February 04, 2019, Seekingalpha.com published: “Chevron Vs. Exxon: One Clear Winner – Seeking Alpha” on January 23, 2019. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Seekingalpha.com and their article: “Chevron to buy Texas refinery from Petrobras – Reuters – Seeking Alpha” published on January 29, 2019 as well as Seekingalpha.com‘s news article titled: “Chevron halts operations at Gorgon LNG’s Train 3 – Seeking Alpha” with publication date: January 16, 2019.

Elm Advisors Llc, which manages about $247.49M and $149.49 million US Long portfolio, decreased its stake in Ishares Core S&P 500 Etf (IVV) by 1,155 shares to 29,972 shares, valued at $8.77M in 2018Q3, according to the filing.

Investors sentiment increased to 1.05 in 2018 Q3. Its up 0.02, from 1.03 in 2018Q2. It increased, as 49 investors sold CVX shares while 648 reduced holdings. 121 funds opened positions while 611 raised stakes. 1.18 billion shares or 1.47% less from 1.19 billion shares in 2018Q2 were reported. Iberiabank invested in 63,450 shares or 0.97% of the stock. Amundi Pioneer Asset Management Incorporated reported 2.37M shares stake. Stewart & Patten Ltd stated it has 3.04% in Chevron Corporation (NYSE:CVX). Northeast Investment stated it has 1.53% of its portfolio in Chevron Corporation (NYSE:CVX). Brown Advisory accumulated 0.11% or 314,323 shares. Bridges Inv Management owns 1.42% invested in Chevron Corporation (NYSE:CVX) for 234,464 shares. Bancorporation Hapoalim Bm owns 660 shares. Miracle Mile Advsr owns 2,259 shares. Lourd Ltd invested in 89,802 shares or 0.71% of the stock. Stephens Ar has 179,312 shares for 0.55% of their portfolio. Oarsman Cap Inc holds 0.72% or 14,642 shares in its portfolio. Sva Plumb Wealth Ltd invested in 0.5% or 40,546 shares. Chevy Chase Trust Hldgs holds 0.82% of its portfolio in Chevron Corporation (NYSE:CVX) for 1.61 million shares. Moreover, Cetera Advisors Limited has 0.36% invested in Chevron Corporation (NYSE:CVX). Northside Mngmt Ltd Llc invested in 7,773 shares.

Among 37 analysts covering Chevron Corporation (NYSE:CVX), 29 have Buy rating, 0 Sell and 8 Hold. Therefore 78% are positive. Chevron Corporation had 134 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Wednesday, September 23 by Macquarie Research. Jefferies maintained Chevron Corporation (NYSE:CVX) rating on Wednesday, December 20. Jefferies has “Buy” rating and $140.0 target. The stock has “Overweight” rating by Morgan Stanley on Wednesday, January 24. Citigroup maintained the shares of CVX in report on Monday, October 30 with “Buy” rating. Credit Suisse maintained Chevron Corporation (NYSE:CVX) on Tuesday, January 23 with “Hold” rating. The firm has “Sector Outperform” rating by Howard Weil given on Monday, December 14. The firm earned “Hold” rating on Wednesday, October 18 by Societe Generale. The company was upgraded on Friday, March 11 by Goldman Sachs. DZ Bank upgraded Chevron Corporation (NYSE:CVX) on Wednesday, March 7 to “Buy” rating. The stock has “Neutral” rating by UBS on Monday, August 3.

Investors sentiment decreased to 1 in Q3 2018. Its down 1.31, from 2.31 in 2018Q2. It turned negative, as 97 investors sold T shares while 673 reduced holdings. 133 funds opened positions while 634 raised stakes. 3.52 billion shares or 3.17% less from 3.64 billion shares in 2018Q2 were reported. Utah Retirement stated it has 0.88% of its portfolio in AT&T Inc. (NYSE:T). S&Co Inc has 0.89% invested in AT&T Inc. (NYSE:T). 15.19 million are held by Wellington Mgmt Grp Incorporated Llp. Investment House invested in 0.03% or 7,958 shares. Hyman Charles D invested in 133,454 shares or 0.47% of the stock. Lenox Wealth holds 5,769 shares or 0.06% of its portfolio. Moreover, Dsc Advsr LP has 0.2% invested in AT&T Inc. (NYSE:T). Gw Henssler reported 19,631 shares stake. Shelton owns 137,057 shares. Cannell Peter B & has 0.04% invested in AT&T Inc. (NYSE:T). Westend Ltd Liability Company, North Carolina-based fund reported 1.14M shares. Invesco stated it has 37.38M shares or 0.39% of all its holdings. Guardian Invest Mngmt owns 165,411 shares. Fenimore Asset invested in 0.01% or 8,293 shares. Nordea Inv Management Ab, a Sweden-based fund reported 18.29M shares.

Homrich & Berg, which manages about $3.37B and $1.66 billion US Long portfolio, upped its stake in Vanguard Intl Equity Index F (VEU) by 116,759 shares to 307,212 shares, valued at $15.99 million in 2018Q3, according to the filing. It also increased its holding in Vanguard Tax Managed Intl Fd (VEA) by 95,421 shares in the quarter, for a total of 145,917 shares, and has risen its stake in Halliburton Co (NYSE:HAL).

Among 37 analysts covering AT&T Inc. (NYSE:T), 17 have Buy rating, 2 Sell and 18 Hold. Therefore 46% are positive. AT&T Inc. had 101 analyst reports since July 27, 2015 according to SRatingsIntel. As per Tuesday, June 28, the company rating was maintained by Deutsche Bank. The rating was maintained by RBC Capital Markets on Wednesday, July 26 with “Hold”. Oppenheimer maintained the stock with “Hold” rating in Tuesday, August 8 report. RBC Capital Markets maintained AT&T Inc. (NYSE:T) on Monday, August 28 with “Hold” rating. Robert W. Baird upgraded the stock to “Outperform” rating in Monday, December 12 report. The company was downgraded on Friday, April 1 by Moffet Nathanson. Barclays Capital maintained the stock with “Overweight” rating in Friday, July 15 report. Barclays Capital maintained it with “Equal Weight” rating and $39 target in Friday, July 14 report. The firm has “Buy” rating by Jefferies given on Thursday, April 7. On Thursday, January 26 the stock rating was maintained by FBR Capital with “Mkt Perform”.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart

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