Market News

Beddow Capital Management Continues to Hold Position in Chevron (CVX); Whetstone Capital Advisors Has Lowered Its Position in Williams Cos Del (WMB) by $5.16 Million as Stock Value Rose

David Atterbury decreased its stake in Williams Cos Inc Del (WMB) by 54.32% based on its latest 2017Q3 regulatory filing with the SEC. Whetstone Capital Advisors Llc sold 172,133 shares as the company’s stock rose 7.09% with the market. The hedge fund run by David Atterbury held 144,767 shares of the public utilities company at the end of 2017Q3, valued at $4.34M, down from 316,900 at the end of the previous reported quarter. Whetstone Capital Advisors Llc who had been investing in Williams Cos Inc Del for a number of months, seems to be less bullish one the $23.76 billion market cap company. The stock increased 0.63% or $0.18 during the last trading session, reaching $28.74. About 6.18 million shares traded or 4.78% up from the average. The Williams Companies, Inc. (NYSE:WMB) has risen 40.20% since February 25, 2017 and is uptrending. It has outperformed by 23.50% the S&P500.

Ed Beddow increased its stake in Chevron Corp (CVX) by 96.84% based on its latest 2017Q3 regulatory filing with the SEC. Beddow Capital Management Inc bought 15,190 shares as the company’s stock declined 3.45% while stock markets rallied. The hedge fund run by Ed Beddow held 30,875 shares of the integrated oil company at the end of 2017Q3, valued at $3.18M, up from 15,685 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 bullish on the $213.85 billion market cap company. The stock increased 2.46% or $2.7 during the last trading session, reaching $112.59. About 6.46M shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since February 25, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

Analysts await The Williams Companies, Inc. (NYSE:WMB) to report earnings on May, 2. They expect $0.18 earnings per share, up 28.57% or $0.04 from last year’s $0.14 per share. WMB’s profit will be $148.83M for 39.92 P/E if the $0.18 EPS becomes a reality. After $0.20 actual earnings per share reported by The Williams Companies, Inc. for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.13, from 1.06 in 2017Q2. It increased, as 40 investors sold WMB shares while 203 reduced holdings. 66 funds opened positions while 223 raised stakes. 687.46 million shares or 1.13% less from 695.32 million shares in 2017Q2 were reported. Parkwood Ltd Liability Corporation reported 0.09% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Oakworth Cap Inc holds 2,672 shares. Hudson Bay Capital Mgmt LP owns 475,000 shares. Center Coast Advisors Limited Partnership stated it has 1,543 shares. Dynamic Cap Mngmt has invested 0.22% in The Williams Companies, Inc. (NYSE:WMB). Ray Gerald L & Ltd stated it has 0.13% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). The Virginia-based Catawba Cap Mngmt Va has invested 0.05% in The Williams Companies, Inc. (NYSE:WMB). Syntal Cap Ptnrs Ltd Liability Company reported 17,482 shares or 0.38% of all its holdings. Nelson Van Denburg & Campbell Wealth Mngmt Grp Limited Co owns 778 shares or 0.01% of their US portfolio. Key Group (Cayman) Limited has invested 0.12% in The Williams Companies, Inc. (NYSE:WMB). 4.27 million were accumulated by Panagora Asset Mngmt. Moreover, Royal Fincl Bank Of Canada has 0.02% invested in The Williams Companies, Inc. (NYSE:WMB). Michael And Susan Dell Foundation holds 5.33% of its portfolio in The Williams Companies, Inc. (NYSE:WMB) for 225,363 shares. Sterling Mgmt Lc, North Carolina-based fund reported 273,581 shares. Magnetar Fincl Ltd Limited Liability Company invested in 94,890 shares or 0.06% of the stock.

Among 18 analysts covering Williams Companies Inc. (NYSE:WMB), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Williams Companies Inc. had 51 analyst reports since July 23, 2015 according to SRatingsIntel. Wells Fargo downgraded the shares of WMB in report on Thursday, September 10 to “Market Perform” rating. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, January 11. The rating was upgraded by Barclays Capital on Tuesday, July 18 to “Overweight”. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Equal-Weight” rating by Stephens on Thursday, September 29. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Buy” rating by Jefferies on Friday, June 16. The stock has “Overweight” rating by Morgan Stanley on Friday, November 17. The rating was downgraded by Barclays Capital to “Equal-Weight” on Wednesday, January 17. The rating was maintained by Jefferies with “Buy” on Wednesday, June 8. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Overweight” rating by Morgan Stanley on Monday, December 19. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Outperform” rating by Wells Fargo on Monday, May 8.

Since September 26, 2017, it had 0 insider buys, and 3 insider sales for $9.43 million activity. Ewing Robyn L sold 9,913 shares worth $297,250. $8.25M worth of The Williams Companies, Inc. (NYSE:WMB) shares were sold by CHAPPEL DONALD R.

Beddow Capital Management Inc, which manages about $385.61 million and $223.41 million US Long portfolio, decreased its stake in Abb Ltd (NYSE:ABB) by 23,500 shares to 252,825 shares, valued at $5.69 million in 2017Q3, according to the filing. It also reduced its holding in Cimarex Energy Company (NYSE:XEC) by 12,405 shares in the quarter, leaving it with 36,100 shares, and cut its stake in Timken Steel Corp (NYSE:TMST).

Among 34 analysts covering Chevron Corporation (NYSE:CVX), 24 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. Chevron Corporation had 115 analyst reports since August 4, 2015 according to SRatingsIntel. Macquarie Research upgraded Chevron Corporation (NYSE:CVX) on Thursday, December 15 to “Outperform” rating. Jefferies maintained Chevron Corporation (NYSE:CVX) on Friday, June 23 with “Buy” rating. The firm has “Neutral” rating by Goldman Sachs given on Friday, March 18. The firm has “Buy” rating by CLSA given on Tuesday, November 15. As per Tuesday, February 6, the company rating was upgraded by Barclays Capital. As per Friday, May 26, the company rating was downgraded by BNP Paribas. The rating was downgraded by BMO Capital Markets on Wednesday, October 18 to “Market Perform”. The firm has “Buy” rating by Citigroup given on Friday, July 21. The firm has “Buy” rating by Evercore given on Tuesday, November 3. Macquarie Research downgraded Chevron Corporation (NYSE:CVX) on Wednesday, June 21 to “Neutral” rating.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. It dived, as 43 investors sold CVX shares while 696 reduced holdings. 121 funds opened positions while 584 raised stakes. 1.18 billion shares or 1.43% more from 1.16 billion shares in 2017Q2 were reported. Live Your Vision Ltd Liability Corporation owns 200 shares. Colorado-based Arrowmark Colorado Hldgs Llc has invested 0.01% in Chevron Corporation (NYSE:CVX). Provident Tru has invested 0.01% of its portfolio in Chevron Corporation (NYSE:CVX). Bridgeway Cap has 0.18% invested in Chevron Corporation (NYSE:CVX). Canada Pension Plan Inv Board reported 0.34% stake. 218,984 were accumulated by Nomura Hldg. Texas Permanent School Fund reported 0.79% of its portfolio in Chevron Corporation (NYSE:CVX). Benin Mgmt Corporation reported 16,209 shares. Natl Bank Of Hawaii invested 0.73% in Chevron Corporation (NYSE:CVX). Mcmillion Capital invested 2.58% of its portfolio in Chevron Corporation (NYSE:CVX). Maryland Capital Mgmt, a Maryland-based fund reported 41,663 shares. 52,886 were accumulated by Brookstone Mgmt. 1.57 million are held by Tcw Grp. Peapack Gladstone Finance Corp reported 269,753 shares or 1.82% of all its holdings. Modera Wealth Management Ltd Llc holds 3,705 shares.

Leave a Reply

Your email address will not be published. Required fields are marked *