Beacon Financial Group Upped Its Chevron (CVX) Position; Polar Power (POLA) Sellers Increased By 1.27% Their Shorts

Beacon Financial Group increased Chevron Corp (CVX) stake by 551.81% reported in 2017Q4 SEC filing. Beacon Financial Group acquired 31,911 shares as Chevron Corp (CVX)’s stock declined 8.26%. The Beacon Financial Group holds 37,694 shares with $724,000 value, up from 5,783 last quarter. Chevron Corp now has $247.22 billion valuation. The stock increased 1.18% or $1.51 during the last trading session, reaching $129.37. About 5.08M shares traded. Chevron Corporation (NYSE:CVX) has risen 7.88% since May 22, 2017 and is uptrending. It has underperformed by 3.67% the S&P500.

Polar Power Inc (NASDAQ:POLA) had an increase of 1.27% in short interest. POLA’s SI was 191,600 shares in May as released by FINRA. Its up 1.27% from 189,200 shares previously. With 27,600 avg volume, 7 days are for Polar Power Inc (NASDAQ:POLA)’s short sellers to cover POLA’s short positions. The SI to Polar Power Inc’s float is 7.05%. The stock decreased 2.60% or $0.17 during the last trading session, reaching $6.36. About 20,105 shares traded. Polar Power, Inc. (NASDAQ:POLA) has declined 37.59% since May 22, 2017 and is downtrending. It has underperformed by 49.14% the S&P500.

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. Walter & Keenan Consulting Mi Adv has invested 0.92% of its portfolio in Chevron Corporation (NYSE:CVX). Ahl Prns Limited Liability Partnership has 27,181 shares for 0.05% of their portfolio. Kanawha Capital Mgmt Ltd Com stated it has 97,502 shares. Tiaa Cref Investment Limited Liability Com accumulated 7.71M shares. Narwhal Capital Mgmt stated it has 26,050 shares. 34,113 were accumulated by Sky Investment Grp Lc. Autus Asset Mngmt Llc reported 1.42% stake. Cap Global Investors holds 0.38% or 10.37M shares in its portfolio. And Com invested 1.64% in Chevron Corporation (NYSE:CVX). Barton Invest Mngmt reported 3,260 shares. Commercial Bank Of The West, a California-based fund reported 59,311 shares. Vaughan Nelson Invest Limited Partnership holds 13,830 shares or 0.02% of its portfolio. Fifth Third Bancorporation invested in 0.86% or 1.01M shares. 680,996 were accumulated by Neuberger Berman Gp. Godshalk Welsh Mgmt holds 12,600 shares.

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: “Bloomberg: Glencore near $1B purchase of Chevron Southern Africa assets” published on May 21, 2018, Seekingalpha.com published: “Chevron Impresses In The Permian” on May 11, 2018. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Bizjournals.com and their article: “General Electric drops again on Fortune 500 list” published on May 21, 2018 as well as Investorplace.com‘s news article titled: “Use Cautious Optimism With Chevron Corporation Stock Right Now” with publication date: May 15, 2018.

Since April 17, 2018, it had 0 insider purchases, and 8 selling transactions for $48.52 million activity. Geagea Joseph C sold 12,000 shares worth $1.56M. $17.55 million worth of stock was sold by Yarrington Patricia E on Friday, May 11. Pate R. Hewitt also sold $3.11 million worth of Chevron Corporation (NYSE:CVX) shares. Shares for $3.26 million were sold by Breber Pierre R on Monday, May 14. Wirth Michael K sold 130,000 shares worth $16.64M.

Among 35 analysts covering Chevron Corporation (NYSE:CVX), 26 have Buy rating, 0 Sell and 9 Hold. Therefore 74% are positive. Chevron Corporation has $160.0 highest and $65 lowest target. $118.40’s average target is -8.48% below currents $129.37 stock price. Chevron Corporation had 122 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Friday, July 21. The stock of Chevron Corporation (NYSE:CVX) earned “Buy” rating by Jefferies on Wednesday, April 12. The rating was downgraded by Vetr to “Strong-Buy” on Friday, August 28. On Tuesday, January 30 the stock rating was maintained by RBC Capital Markets with “Sell”. Bank of America upgraded Chevron Corporation (NYSE:CVX) on Wednesday, January 4 to “Buy” rating. Credit Suisse maintained the shares of CVX in report on Monday, April 30 with “Neutral” rating. JP Morgan maintained it with “Overweight” rating and $91 target in Tuesday, December 15 report. The stock of Chevron Corporation (NYSE:CVX) earned “Outperform” rating by Macquarie Research on Monday, December 21. The firm earned “Buy” rating on Monday, February 5 by Piper Jaffray. The firm earned “Buy” rating on Wednesday, December 16 by Argus Research.

Beacon Financial Group decreased Coca Cola Co Com (NYSE:KO) stake by 37,342 shares to 145,691 valued at $6.68 million in 2017Q4. It also reduced Ishares (FLOT) stake by 15,403 shares and now owns 393,183 shares. Prudential Financial Inc (NYSE:PRU) was reduced too.

Polar Power, Inc. designs, manufactures, and sells direct current power systems for applications in the telecommunications, military, electric vehicle charging, cogeneration, distributed power, and uninterruptable power supply markets. The company has market cap of $64.51 million. It offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems. It currently has negative earnings. Polar Power, Inc. installs, sells, and services its products through its direct sales force, and a network of independent service providers and dealers.

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