Disciplined Growth Investors Has Lowered By $304,368 Its Paychex Com (PAYX) Holding; River Road Asset Management Has Trimmed By $1.00 Million Its Chevron (CVX) Position

April 19, 2018 - By Vivian Park

Chevron Corporation (NYSE:CVX) Logo

Disciplined Growth Investors Inc decreased Paychex Inc Com (PAYX) stake by 0.72% reported in 2017Q4 SEC filing. Disciplined Growth Investors Inc sold 4,476 shares as Paychex Inc Com (PAYX)’s stock declined 12.35%. The Disciplined Growth Investors Inc holds 614,946 shares with $41.87 million value, down from 619,422 last quarter. Paychex Inc Com now has $21.87B valuation. The stock decreased 0.26% or $0.16 during the last trading session, reaching $60.87. About 1.48 million shares traded. Paychex, Inc. (NASDAQ:PAYX) has declined 1.72% since April 19, 2017 and is downtrending. It has underperformed by 13.27% the S&P500.

River Road Asset Management Llc decreased Chevron Corporation (CVX) stake by 2.1% reported in 2017Q4 SEC filing. River Road Asset Management Llc sold 8,030 shares as Chevron Corporation (CVX)’s stock declined 8.26%. The River Road Asset Management Llc holds 374,221 shares with $46.85M value, down from 382,251 last quarter. Chevron Corporation now has $236.45 billion valuation. The stock decreased 0.03% or $0.04 during the last trading session, reaching $123.78. About 3.74 million shares traded. Chevron Corporation (NYSE:CVX) has risen 7.88% since April 19, 2017 and is uptrending. It has underperformed by 3.67% the S&P500.

Investors sentiment increased to 0.99 in 2017 Q4. Its up 0.04, from 0.95 in 2017Q3. It improved, 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. Confluence Investment Lc invested 2.05% in Chevron Corporation (NYSE:CVX). Sol Management holds 6,956 shares. Palisade Capital Mgmt Ltd Liability Com Nj reported 48,754 shares or 0.21% of all its holdings. Cornerstone Advisors invested in 0.85% or 60,000 shares. 3G Cap Partners Ltd Partnership has invested 3.56% in Chevron Corporation (NYSE:CVX). Coastline owns 31,144 shares. Stewart Patten Limited Liability invested 3.13% in Chevron Corporation (NYSE:CVX). Advisors Management Lc accumulated 0.07% or 6,705 shares. Aldebaran Financial owns 1.3% invested in Chevron Corporation (NYSE:CVX) for 15,583 shares. Calamos Advisors Ltd Liability Com holds 0.51% or 801,454 shares. Moreover, Kemper Master Retirement Tru has 2.55% invested in Chevron Corporation (NYSE:CVX) for 35,800 shares. Folger Nolan Fleming Douglas Capital Incorporated invested in 1.12% or 63,923 shares. Rothschild Asset Management, New York-based fund reported 740,850 shares. First City Cap Management accumulated 12,602 shares or 1.08% of the stock. Bar Harbor Svcs has 2,872 shares for 0.19% of their portfolio.

Among 35 analysts covering Chevron Corporation (NYSE:CVX), 26 have Buy rating, 0 Sell and 9 Hold. Therefore 74% are positive. Chevron Corporation had 119 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was initiated by Credit Agricole on Tuesday, December 15 with “Outperform”. Citigroup upgraded the stock to “Buy” rating in Wednesday, December 2 report. The stock of Chevron Corporation (NYSE:CVX) earned “Buy” rating by Piper Jaffray on Tuesday, October 10. The firm has “Buy” rating given on Tuesday, August 25 by Vetr. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, October 10. On Monday, October 30 the stock rating was maintained by Citigroup with “Buy”. The rating was upgraded by Wells Fargo on Tuesday, February 6 to “Buy”. The firm earned “Hold” rating on Tuesday, January 10 by HSBC. Macquarie Research upgraded the shares of CVX in report on Thursday, December 15 to “Outperform” rating. The stock of Chevron Corporation (NYSE:CVX) earned “Overweight” rating by PiperJaffray on Tuesday, August 9.

River Road Asset Management Llc increased Kimberly (NYSE:KMB) stake by 244,743 shares to 637,968 valued at $76.98 million in 2017Q4. It also upped World Fuel Services Corporatio (NYSE:INT) stake by 20,980 shares and now owns 517,100 shares. Axis Capital Holdings Limited (NYSE:AXS) was raised too.

Analysts await Chevron Corporation (NYSE:CVX) to report earnings on April, 27 before the open. They expect $1.48 EPS, up 4.96% or $0.07 from last year’s $1.41 per share. CVX’s profit will be $2.83 billion for 20.91 P/E if the $1.48 EPS becomes a reality. After $0.73 actual EPS reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 102.74% EPS growth.

Among 18 analysts covering Paychex (NASDAQ:PAYX), 1 have Buy rating, 1 Sell and 16 Hold. Therefore 6% are positive. Paychex had 54 analyst reports since August 14, 2015 according to SRatingsIntel. RBC Capital Markets maintained Paychex, Inc. (NASDAQ:PAYX) rating on Wednesday, June 28. RBC Capital Markets has “Sell” rating and $5400 target. The firm has “Sell” rating by RBC Capital Markets given on Thursday, December 21. The stock of Paychex, Inc. (NASDAQ:PAYX) has “Hold” rating given on Tuesday, April 17 by Bank of America. The firm has “Buy” rating given on Thursday, December 24 by Argus Research. The firm earned “Mkt Perform” rating on Wednesday, January 11 by Bernstein. Robert W. Baird maintained the stock with “Hold” rating in Thursday, December 21 report. The stock has “Hold” rating by RBC Capital Markets on Monday, April 2. On Tuesday, March 27 the stock rating was maintained by JP Morgan with “Neutral”. The rating was maintained by BMO Capital Markets with “Market Perform” on Wednesday, October 4. The company was upgraded on Wednesday, August 16 by Morgan Stanley.

Disciplined Growth Investors Inc increased Ihs Markit Ltd stake by 9,348 shares to 850,043 valued at $38.38M in 2017Q4. It also upped Microchip Technology Inc Com (NASDAQ:MCHP) stake by 6,873 shares and now owns 950,333 shares. Gentex Corp Com (NASDAQ:GNTX) was raised too.

Since January 4, 2018, it had 0 insider purchases, and 3 insider sales for $9.83 million activity. 34,311 shares valued at $2.36 million were sold by Gioja Michael E on Thursday, January 4. $682,900 worth of stock was sold by Vossler Jennifer R. on Tuesday, January 16.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart

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