Chevron (CVX) Holder Beddow Capital Management Has Decreased Stake as Stock Declined; Conagra Brands (Call) (CAG) Holder Jana Partners Has Cut Its Holding by $377,400 as Shares Declined

May 23, 2018 - By Hazel Jackson

Chevron Corporation (NYSE:CVX) Logo

Ed Beddow decreased its stake in Chevron Corp (CVX) by 57.33% based on its latest 2017Q4 regulatory filing with the SEC. Beddow Capital Management Inc sold 17,702 shares as the company’s stock declined 8.26% with the market. The hedge fund run by Ed Beddow held 13,173 shares of the integrated oil company at the end of 2017Q4, valued at $1.65M, down from 30,875 at the end of the previous reported quarter. Beddow Capital Management Inc who had been investing in Chevron Corp for a number of months, seems to be less bullish one the $245.04 billion market cap company. The stock decreased 0.88% or $1.14 during the last trading session, reaching $128.23. About 5.44M shares traded. Chevron Corporation (NYSE:CVX) has risen 7.88% since May 23, 2017 and is uptrending. It has underperformed by 3.67% the S&P500.

Barry Rosenstein decreased its stake in Conagra Brands Inc (Call) (CAG) by 2.04% based on its latest 2017Q4 regulatory filing with the SEC. Jana Partners Llc sold 10,200 shares as the company’s stock declined 4.67% with the market. The hedge fund run by Barry Rosenstein held 489,800 shares of the consumer non-durables company at the end of 2017Q4, valued at $18.45 million, down from 500,000 at the end of the previous reported quarter. Jana Partners Llc who had been investing in Conagra Brands Inc (Call) for a number of months, seems to be less bullish one the $14.51B market cap company. The stock decreased 0.11% or $0.04 during the last trading session, reaching $36.87. About 2.37 million shares traded. Conagra Brands, Inc. (NYSE:CAG) has declined 9.57% since May 23, 2017 and is downtrending. It has underperformed by 21.12% the S&P500.

Beddow Capital Management Inc, which manages about $385.61 million and $246.75 million US Long portfolio, upped its stake in Autoliv Inc. (NYSE:ALV) by 18,726 shares to 90,187 shares, valued at $11.46 million in 2017Q4, according to the filing. It also increased its holding in Helmerich & Payne Inc. (NYSE:HP) by 39,481 shares in the quarter, for a total of 152,046 shares, and has risen its stake in Liberty Global A Plc (NASDAQ:LBTYA).

Since April 17, 2018, it had 0 insider purchases, and 8 sales for $48.52 million activity. Another trade for 130,000 shares valued at $16.64M was made by Wirth Michael K on Monday, May 7. On Tuesday, April 17 the insider Pate R. Hewitt sold $3.11 million. Another trade for 12,000 shares valued at $1.54M was sold by Geagea Joseph C. 25,000 shares were sold by Breber Pierre R, worth $3.26M on Monday, May 14.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: Investorplace.com which released: “Use Cautious Optimism With Chevron Corporation Stock Right Now” on May 15, 2018, also Seekingalpha.com with their article: “Chevron: I Was Wrong” published on May 07, 2018, Seekingalpha.com published: “Chevron 2018 Turns Into A Cash Machine” on May 03, 2018. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Seekingalpha.com and their article: “Chevron: A Dividend Stock I’ll Never Buy” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Chevron Impresses In The Permian” with publication date: May 11, 2018.

Analysts await Chevron Corporation (NYSE:CVX) to report earnings on July, 27. They expect $1.87 earnings per share, up 105.49% or $0.96 from last year’s $0.91 per share. CVX’s profit will be $3.57 billion for 17.14 P/E if the $1.87 EPS becomes a reality. After $1.90 actual earnings per share reported by Chevron Corporation for the previous quarter, Wall Street now forecasts -1.58% negative EPS growth.

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. Catawba Capital Va, a Virginia-based fund reported 38,956 shares. 4,445 are held by Meristem Llp. Baker Avenue Asset Management LP has 0.27% invested in Chevron Corporation (NYSE:CVX). Curbstone Fincl Mngmt stated it has 0.48% in Chevron Corporation (NYSE:CVX). Deroy And Devereaux Private Investment Counsel Inc owns 1.72% invested in Chevron Corporation (NYSE:CVX) for 130,538 shares. Spectrum Management Group has 20,876 shares for 0.9% of their portfolio. Blb&B Advsrs Lc holds 1.3% or 72,435 shares in its portfolio. Wendell David Associate Inc owns 5,557 shares or 0.12% of their US portfolio. Stock Yards Retail Bank Com reported 172,994 shares. Riggs Asset Managment reported 1,252 shares or 0.06% of all its holdings. Peregrine Asset Advisers reported 2.43% stake. National Pension Ser stated it has 0.94% in Chevron Corporation (NYSE:CVX). Goodman holds 2.52% or 44,527 shares in its portfolio. Adams Asset Advsr Limited Liability Co has invested 1.2% of its portfolio in Chevron Corporation (NYSE:CVX). Macguire Cheswick & Tuttle Inv Counsel Llc has 1.3% invested in Chevron Corporation (NYSE:CVX) for 57,195 shares.

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. On Friday, February 2 the stock rating was upgraded by Societe Generale to “Buy”. Evercore upgraded Chevron Corporation (NYSE:CVX) on Tuesday, November 3 to “Buy” rating. The stock of Chevron Corporation (NYSE:CVX) has “Hold” rating given on Friday, April 13 by RBC Capital Markets. JP Morgan maintained Chevron Corporation (NYSE:CVX) on Tuesday, December 15 with “Overweight” rating. RBC Capital Markets maintained the shares of CVX in report on Tuesday, November 7 with “Sell” rating. Piper Jaffray maintained the stock with “Buy” rating in Monday, February 5 report. The rating was upgraded by PiperJaffray on Tuesday, August 9 to “Overweight”. The rating was initiated by Credit Suisse on Monday, December 11 with “Hold”. On Wednesday, March 7 the stock rating was upgraded by DZ Bank to “Buy”. The stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given on Wednesday, December 2 by Citigroup.

More news for Conagra Brands, Inc. (NYSE:CAG) were recently published by: Seekingalpha.com, which released: “Pinnacle-ConAgra merger speculation picks up again” on May 21, 2018. Prnewswire.com‘s article titled: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Conagra Brands, Inc. for Potential Breaches Of …” and published on May 23, 2018 is yet another important article.

Among 14 analysts covering ConAgra Foods (NYSE:CAG), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. ConAgra Foods had 50 analyst reports since September 16, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of CAG in report on Friday, September 25 with “Hold” rating. UBS upgraded the stock to “Hold” rating in Tuesday, December 12 report. The stock of Conagra Brands, Inc. (NYSE:CAG) has “Buy” rating given on Monday, June 26 by RBC Capital Markets. As per Monday, July 24, the company rating was maintained by Stifel Nicolaus. Morgan Stanley maintained Conagra Brands, Inc. (NYSE:CAG) on Monday, September 25 with “Overweight” rating. Credit Suisse maintained the stock with “Neutral” rating in Monday, September 25 report. Deutsche Bank maintained the stock with “Hold” rating in Friday, September 23 report. On Friday, June 23 the stock rating was maintained by Morgan Stanley with “Buy”. RBC Capital Markets maintained Conagra Brands, Inc. (NYSE:CAG) on Tuesday, April 3 with “Buy” rating. The firm earned “Buy” rating on Wednesday, December 16 by Jefferies.

Investors sentiment decreased to 0.78 in 2017 Q4. Its down 0.21, from 0.99 in 2017Q3. It fall, as 42 investors sold CAG shares while 227 reduced holdings. 62 funds opened positions while 147 raised stakes. 301.99 million shares or 2.83% less from 310.77 million shares in 2017Q3 were reported. California State Teachers Retirement Sys owns 0.05% invested in Conagra Brands, Inc. (NYSE:CAG) for 685,230 shares. Perkins Coie Trust owns 800 shares or 0.01% of their US portfolio. Td Asset Mgmt Inc accumulated 2.25 million shares. Transamerica Fin Advisors Incorporated holds 14 shares. International Group Inc holds 139,479 shares. Chilton Capital Mngmt Ltd holds 5,760 shares. Highlander Capital Limited holds 1,250 shares or 0.03% of its portfolio. Knott David M holds 10,000 shares or 0.15% of its portfolio. Blair William & Co Il reported 24,891 shares. Envestnet Asset Management accumulated 3,954 shares or 0% of the stock. The New York-based Blackrock has invested 0.05% in Conagra Brands, Inc. (NYSE:CAG). Rhumbline Advisers accumulated 778,158 shares. Bokf Na invested 0.01% in Conagra Brands, Inc. (NYSE:CAG). Lincoln National Corporation invested in 0.01% or 11,270 shares. Reliance Of Delaware invested in 0.08% or 14,893 shares.

Since January 4, 2018, it had 0 insider buys, and 4 selling transactions for $1.76 million activity. Wise Robert G sold $877,536 worth of stock. $216,810 worth of stock was sold by MARSHALL RUTH ANN on Monday, March 26.

Conagra Brands, Inc. (NYSE:CAG) Institutional Positions Chart

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