Chevron Texaco (CVX) Shareholder Berkshire Asset Management Increased Its Position; As Lincoln National (LNC) Share Price Declined, Jarislowsky Fraser LTD Cut Its Stake by $585,022

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Jarislowsky Fraser Ltd decreased its stake in Lincoln National Corporation (LNC) by 40.04% based on its latest 2018Q1 regulatory filing with the SEC. Jarislowsky Fraser Ltd sold 8,014 shares as the company’s stock declined 12.17% with the market. The institutional investor held 12,000 shares of the life insurance company at the end of 2018Q1, valued at $876,000, down from 20,014 at the end of the previous reported quarter. Jarislowsky Fraser Ltd who had been investing in Lincoln National Corporation for a number of months, seems to be less bullish one the $13.62 billion market cap company. The stock increased 0.26% or $0.16 during the last trading session, reaching $62.25. About 1.24M shares traded. Lincoln National Corporation (NYSE:LNC) has risen 5.08% since June 29, 2017 and is uptrending. It has underperformed by 7.49% the S&P500. Some Historical LNC News: 09/04/2018 – Lincoln Financial Group Named a Best Employer for Diversity by Forbes; 07/05/2018 – Lincoln Financial Group’s Sean Hutchinson Recognized by LIMRA as a Rising Star of Retirement Under 40; 18/04/2018 – Delta, Goodyear, Lincoln National Are Selling at Steep Discounts — Barrons.com; 24/04/2018 – Wendy Boyd to Lead Strategic Alliances Program at Lincoln Financial Network; 02/05/2018 – Lincoln National 1Q Adj EPS $1.97; 20/04/2018 – DJ Lincoln National Corporation, Inst Holders, 1Q 2018 (LNC); 16/04/2018 – Lincoln Fincl Group Names Chris Neczypor as Senior Vice Pres, Head of Investment Risk and Strategy; 16/04/2018 – Lincoln Financial Group Launches Newest Evolution of Its “Responsibility of Love” Advertising Campaign; 14/05/2018 – Lincoln Financial Group Launches Indexed Universal Life Solution with Cash Growth Flexibility for Changing Client Needs; 13/03/2018 – Lincoln Financial Network Advisor Recognized by lnvestmentNews Women to Watch Award

Berkshire Asset Management Llc increased its stake in Chevron Texaco (CVX) by 13.83% based on its latest 2018Q1 regulatory filing with the SEC. Berkshire Asset Management Llc bought 3,490 shares as the company’s stock rose 6.62% while stock markets declined. The hedge fund held 28,724 shares of the integrated oil company at the end of 2018Q1, valued at $3.28 million, up from 25,234 at the end of the previous reported quarter. Berkshire Asset Management Llc who had been investing in Chevron Texaco for a number of months, seems to be bullish on the $240.13 billion market cap company. The stock decreased 0.27% or $0.34 during the last trading session, reaching $125.66. About 3.81M shares traded. Chevron Corporation (NYSE:CVX) has risen 16.25% since June 29, 2017 and is uptrending. It has outperformed by 3.68% the S&P500. Some Historical CVX News: 30/05/2018 – CHEVRON – ABOUT 74 PCT OF VOTES CAST WERE VOTED AGAINST PROPOSAL TO RECOMMEND INDEPENDENT DIRECTOR WITH ENVIRONMENTAL EXPERTISE; 30/05/2018 – CHEVRON – ABOUT 92 PCT OF VOTES CAST WERE VOTED AGAINST STOCKHOLDER PROPOSAL REGARDING REPORT ON TRANSITION TO LOW CARBON BUSINESS MODEL; 05/04/2018 – Kemira signs multiyear polymer supply agreement with Chevron; 17/04/2018 – chrisplumb: Venezuela arrests two Chevron executives amid oil purge; 30/05/2018 – CHEVRON CORP – ABOUT 68 PERCENT OF VOTES CAST WERE VOTED AGAINST STOCKHOLDER PROPOSAL REGARDING A REPORT ON LOBBYING; 27/04/2018 – CHEVRON CORP CVX.N FIRST-QUARTER EARNINGS CONFERENCE CALL BEGINS; CHIEF EXECUTIVE MIKE WIRTH NOT ON CALL; 06/03/2018 – CHEVRON – TENGIZ GROWTH PROJECT IN KAZAKHSTAN IS ON TRACK TO DELIVER FIRST PRODUCTION IN 2022; 27/04/2018 – CHEVRON ON TRACK FOR $1-3 BILLION IN ASSET SALES IN 2018; 24/05/2018 – OIL TENDER: India’s IOC Said to Buy 2 WAF Cargoes From Chevron; 30/03/2018 – Cal EMA Spills: SPILL Report – Chevron – 03/30/2018 06:50 PM

Among 36 analysts covering Chevron Corporation (NYSE:CVX), 28 have Buy rating, 0 Sell and 8 Hold. Therefore 78% are positive. Chevron Corporation had 125 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Wednesday, September 23 by Macquarie Research. The rating was maintained by Jefferies on Wednesday, April 12 with “Buy”. The firm has “Neutral” rating by Simmons & Co given on Thursday, January 21. The stock of Chevron Corporation (NYSE:CVX) earned “Sell” rating by RBC Capital Markets on Friday, October 27. The firm earned “Overweight” rating on Monday, April 30 by Barclays Capital. The stock of Chevron Corporation (NYSE:CVX) earned “Buy” rating by Jefferies on Wednesday, December 20. The rating was initiated by BMO Capital Markets with “Outperform” on Tuesday, September 13. Citigroup maintained Chevron Corporation (NYSE:CVX) rating on Friday, July 21. Citigroup has “Buy” rating and $118 target. The firm earned “Buy” rating on Tuesday, October 17 by Macquarie Research. The firm earned “Neutral” rating on Monday, May 2 by UBS.

Investors sentiment decreased to 0.9 in Q1 2018. Its down 0.09, from 0.99 in 2017Q4. It turned negative, as 55 investors sold CVX shares while 718 reduced holdings. 114 funds opened positions while 579 raised stakes. 1.19 billion shares or 0.11% more from 1.19 billion shares in 2017Q4 were reported. Eads Heald Counsel invested in 16,040 shares. Intersect Cap Limited Liability Corp reported 1.81% in Chevron Corporation (NYSE:CVX). Blue Chip Prtnrs holds 1.83% of its portfolio in Chevron Corporation (NYSE:CVX) for 57,941 shares. Stonebridge Cap Mngmt Inc invested in 78,024 shares or 3.42% of the stock. Hilltop stated it has 22,946 shares or 0.46% of all its holdings. M&T Savings Bank, a New York-based fund reported 1.39 million shares. Vigilant Cap Management Limited Liability stated it has 6,535 shares or 0.11% of all its holdings. Boothbay Fund Mngmt Ltd Llc reported 9,100 shares stake. White Pine Ltd Co holds 1.09% or 25,727 shares. First Citizens Bancshares & Tru has invested 1.1% of its portfolio in Chevron Corporation (NYSE:CVX). Dreman Value L L C invested in 2,118 shares. Piedmont Investment Advisors Ltd Liability holds 1.1% of its portfolio in Chevron Corporation (NYSE:CVX) for 360,774 shares. Efg Asset Management (Americas) Corp holds 1.32% or 28,002 shares. Nordea Mngmt reported 0.1% of its portfolio in Chevron Corporation (NYSE:CVX). Nj State Employees Deferred Compensation Plan holds 35,000 shares.

Since April 17, 2018, it had 0 insider buys, and 10 insider sales for $50.35 million activity. The insider Pate R. Hewitt sold 25,500 shares worth $3.11M. Another trade for 130,000 shares valued at $16.64 million was sold by Wirth Michael K. $3.26 million worth of Chevron Corporation (NYSE:CVX) was sold by Breber Pierre R. $1.56 million worth of Chevron Corporation (NYSE:CVX) shares were sold by Geagea Joseph C. Another trade for 135,000 shares valued at $17.55 million was sold by Yarrington Patricia E.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: Seekingalpha.com which released: “Chevron: Why I See Further Upside” on June 14, 2018, also Seekingalpha.com with their article: “FT: Exxon, Chevron accused over tax secrecy” published on June 06, 2018, Nasdaq.com published: “3 Risks Big Oil Stocks Face Amid Trade War Worries” on June 28, 2018. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Seekingalpha.com and their article: “Dismissed: Climate suit against Big Oil” published on June 26, 2018 as well as Fool.com‘s news article titled: “2 Dogs of the Dow to Buy, 1 to Worry About” with publication date: June 28, 2018.

Investors sentiment decreased to 0.77 in 2018 Q1. Its down 0.19, from 0.96 in 2017Q4. It fall, as 31 investors sold LNC shares while 238 reduced holdings. 59 funds opened positions while 149 raised stakes. 170.05 million shares or 0.02% less from 170.09 million shares in 2017Q4 were reported. 26,446 were reported by D E Shaw. Putnam Invs Ltd Llc accumulated 383,068 shares. Ny State Common Retirement Fund owns 728,138 shares for 0.07% of their portfolio. 2,586 are owned by Stratos Wealth Prns Ltd. Thompson Siegel & Walmsley Limited Company has invested 0% in Lincoln National Corporation (NYSE:LNC). Ubs Asset Americas Incorporated has invested 0% of its portfolio in Lincoln National Corporation (NYSE:LNC). Bluemar Mgmt Ltd Company has invested 1.29% in Lincoln National Corporation (NYSE:LNC). Huntington Bank holds 0.02% or 17,260 shares in its portfolio. California State Teachers Retirement, a California-based fund reported 371,099 shares. Proshare Advsrs Limited Liability Company holds 0.03% in Lincoln National Corporation (NYSE:LNC) or 71,873 shares. Chevy Chase Trust Inc holds 0.06% of its portfolio in Lincoln National Corporation (NYSE:LNC) for 185,101 shares. 43 were reported by Destination Wealth Mgmt. Moreover, Washington Trust National Bank has 0% invested in Lincoln National Corporation (NYSE:LNC). Gemmer Asset Management Lc holds 0.01% or 223 shares. Comml Bank reported 0.02% stake.

More news for Lincoln National Corporation (NYSE:LNC) were recently published by: Businesswire.com, which released: “Lincoln Financial Selected as Provider for Placer County, Calif. Defined Contribution Retirement Plans” on June 27, 2018. Benzinga.com‘s article titled: “Barron’s Picks And Pans: Lincoln National, Salesforce, Dollar Tree And More” and published on June 02, 2018 is yet another important article.

Since February 2, 2018, it had 1 buying transaction, and 7 sales for $14.91 million activity. GLASS DENNIS R had sold 102,367 shares worth $8.67 million. Shares for $2.67 million were sold by Freitag Randal J. $620,568 worth of Lincoln National Corporation (NYSE:LNC) was sold by Cooper Ellen. $147,244 worth of stock was sold by Solon Kenneth S. on Wednesday, February 21. $67,086 worth of Lincoln National Corporation (NYSE:LNC) was bought by Connelly Deirdre P on Friday, May 4.

Jarislowsky Fraser Ltd, which manages about $33.95 billion and $16.05B US Long portfolio, upped its stake in Fomento Econ.Mexicano Sab De Cv Adr (NYSE:FMX) by 4,434 shares to 342,395 shares, valued at $31.31M in 2018Q1, according to the filing. It also increased its holding in Banco Santander Sa Adr (NYSE:SAN) by 97,790 shares in the quarter, for a total of 766,245 shares, and has risen its stake in Banco Bradesco Adr (NYSE:BBD).

Among 18 analysts covering Lincoln National (NYSE:LNC), 10 have Buy rating, 1 Sell and 7 Hold. Therefore 56% are positive. Lincoln National had 59 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was initiated by Citigroup on Thursday, January 26 with “Buy”. The firm has “Hold” rating given on Friday, May 5 by Wells Fargo. FBR Capital maintained the stock with “Mkt Perform” rating in Monday, November 28 report. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. FBR Capital maintained Lincoln National Corporation (NYSE:LNC) on Tuesday, October 18 with “Outperform” rating. As per Thursday, August 3, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by RBC Capital Markets given on Thursday, February 1. The stock of Lincoln National Corporation (NYSE:LNC) earned “Hold” rating by Wells Fargo on Thursday, June 8. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 9. The company was downgraded on Wednesday, November 9 by FBR Capital.

Analysts await Lincoln National Corporation (NYSE:LNC) to report earnings on August, 1. They expect $2.11 EPS, up 14.05% or $0.26 from last year’s $1.85 per share. LNC’s profit will be $461.49M for 7.38 P/E if the $2.11 EPS becomes a reality. After $1.97 actual EPS reported by Lincoln National Corporation for the previous quarter, Wall Street now forecasts 7.11% EPS growth.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart