Sirios Capital Management LP Has Lowered Its Chevron New (CVX) Position; Lumina Fund Management Trimmed Analog Devices (ADI) Stake

June 18, 2018 - By Linda Rogers

Analog Devices, Inc. (NASDAQ:ADI) Logo

Sirios Capital Management LP decreased Chevron Corp New (CVX) stake by 6.69% reported in 2018Q1 SEC filing. Sirios Capital Management LP sold 3,765 shares as Chevron Corp New (CVX)’s stock rose 6.62%. The Sirios Capital Management LP holds 52,484 shares with $5.99M value, down from 56,249 last quarter. Chevron Corp New now has $240.72B valuation. The stock increased 1.56% or $1.93 during the last trading session, reaching $125.97. About 7.70M shares traded or 16.25% up from the average. Chevron Corporation (NYSE:CVX) has risen 16.25% since June 18, 2017 and is uptrending. It has outperformed by 3.68% the S&P500. Some Historical CVX News: ; 06/03/2018 – CHEVRON CEO EXPECTS TO BE BREAK-EVEN AT $50 BRENT THIS YEAR; 27/04/2018 – Chevron Reports First Quarter Net Income of $3.6 Billion; 06/03/2018 – CHEVRON CVX.N – EXPECTS BASE PLUS SHALE & TIGHT CAPITAL SPEND OF $9 BLN TO $10 BILLION EACH YEAR THROUGH 2022; 11/04/2018 – Texas Emissions: 281902 – CHEVRON PHILLIPS CHEMICAL CEDAR BAYOU PLANT; 12/04/2018 – CHEVRON CVX.N , EXXON MOBIL XOM.N ASK TRUMP ADMINISTRATION FOR HARDSHIP WAIVERS FROM U.S. BIOFUELS LAW; 07/03/2018 – FOCUS-Exxon CEO struggles to reverse Tillerson’s legacy of failed bets; 05/03/2018 – CHEVRON IS SAID TO BE IN TALKS TO SELL CANADA LNG STAKE: RTRS; 06/03/2018 – CHEVRON CEO WIRTH SPEAKS IN CNBC INTERVIEW; 27/04/2018 – CHEVRON STILL BASING PLANS ON ‘LOWER-FOR-LONGER’ OIL PRICES; 06/03/2018 – CHEVRON SEES CAPITAL SPEND OF $18B-20B IN 2019-2020




Lumina Fund Management Llc decreased Analog Devices Inc (ADI) stake by 7.41% reported in 2018Q1 SEC filing. Lumina Fund Management Llc sold 6,000 shares as Analog Devices Inc (ADI)’s stock rose 3.35%. The Lumina Fund Management Llc holds 75,000 shares with $6.84 million value, down from 81,000 last quarter. Analog Devices Inc now has $37.49B valuation. The stock decreased 0.40% or $0.41 during the last trading session, reaching $101.09. About 955,554 shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 15.92% since June 18, 2017 and is uptrending. It has outperformed by 3.35% the S&P500. Some Historical ADI News: ; 04/04/2018 – Analog Devices Non-Deal Roadshow Set By SunTrust for Apr. 11; 22/03/2018 – Analog Devices Closes Below 50-Day Moving Average: Technicals; 25/04/2018 – Analog Devices Opens New Bengaluru Facility; 24/04/2018 – ANALOG DEVICES, XILINX GAIN AFTER TEXAS INSTRUMENTS’ REV. BEAT; 30/05/2018 – Analog Devices quarterly revenue rises 32 pct; 29/03/2018 – Dir Champy Gifts 300 Of Analog Devices Inc; 08/03/2018 – S&GR Assigns Analog Devices Sr Unscured Notes ‘BBB’ Issue Rtg; 30/05/2018 – ANALOG DEVICES 2Q ADJ REV $1.51B, EST. $1.47B; 30/05/2018 – Analog Devices 2Q Gross Margin 68.3%, Adjusted Gross Margin 71.3%; 12/03/2018 – MEMS for Mobile Devices: Global Market Report 2017-2021 – Key Players Analog Devices, Robert Bosch and STMicroelectronics Are Covered – ResearchAndMarkets.com

Investors sentiment decreased to 0.96 in 2018 Q1. Its down 0.32, from 1.28 in 2017Q4. It turned negative, as 56 investors sold ADI shares while 255 reduced holdings. 72 funds opened positions while 227 raised stakes. 317.60 million shares or 0.56% less from 319.40 million shares in 2017Q4 were reported. Polar Cap Limited Liability Partnership has invested 0.03% in Analog Devices, Inc. (NASDAQ:ADI). Gemmer Asset Management Limited stated it has 340 shares or 0.01% of all its holdings. Dynamic Advisor Solutions Limited reported 3,302 shares. Driehaus Capital Mgmt holds 0.02% or 5,423 shares. Montana-based Da Davidson has invested 0.02% in Analog Devices, Inc. (NASDAQ:ADI). Assetmark Inc invested 0.08% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Reilly Financial Advisors Ltd Co holds 0% in Analog Devices, Inc. (NASDAQ:ADI) or 287 shares. 14,935 were reported by Sumitomo Life Ins. Fayerweather Charles holds 2.03% or 13,952 shares in its portfolio. Bankshares Of Nova Scotia stated it has 48,109 shares or 0.02% of all its holdings. Financial Service Corporation holds 304 shares or 0.01% of its portfolio. Twin Tree Mgmt Ltd Partnership reported 6,473 shares or 0% of all its holdings. Tci Wealth Inc has invested 0% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Bnp Paribas Asset Mngmt Sa reported 129,396 shares. Montag A Associate holds 0.03% or 2,709 shares in its portfolio.

Since January 3, 2018, it had 0 buys, and 24 insider sales for $15.81 million activity. Shares for $494,136 were sold by Wynne Eileen. $685,905 worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by SICCHITANO KENTON J on Friday, January 12. $869,520 worth of stock was sold by ROCHE VINCENT on Tuesday, May 1. SEIF MARGARET K sold $500,050 worth of stock. 2,455 shares were sold by CHAMPY JAMES, worth $226,292. Another trade for 1,393 shares valued at $135,609 was made by Jamal Yusuf on Thursday, May 31. $427,657 worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by Real Peter.

Among 33 analysts covering Analog Devices (NASDAQ:ADI), 23 have Buy rating, 0 Sell and 10 Hold. Therefore 70% are positive. Analog Devices had 140 analyst reports since July 22, 2015 according to SRatingsIntel. Nomura downgraded it to “Reduce” rating and $72.5 target in Friday, June 2 report. As per Friday, July 1, the company rating was maintained by RBC Capital Markets. Morgan Stanley maintained Analog Devices, Inc. (NASDAQ:ADI) on Wednesday, November 22 with “Buy” rating. As per Wednesday, August 30, the company rating was maintained by KeyBanc Capital Markets. The rating was initiated by Susquehanna with “Neutral” on Thursday, August 6. The firm earned “Hold” rating on Thursday, August 31 by Nomura. Drexel Hamilton maintained it with “Buy” rating and $105.0 target in Wednesday, August 30 report. On Friday, November 17 the stock rating was maintained by Oppenheimer with “Buy”. The rating was maintained by Barclays Capital on Wednesday, July 27 with “Equalweight”. The stock of Analog Devices, Inc. (NASDAQ:ADI) has “Buy” rating given on Sunday, August 27 by BMO Capital Markets.

More news for Analog Devices, Inc. (NASDAQ:ADI) were recently published by: Seekingalpha.com, which released: “Analog Devices: Estimates Could Be Too Low” on June 11, 2018. Nasdaq.com‘s article titled: “Detailed Research: Economic Perspectives on Broadcom, Analog Devices, Visa, Pier 1 Imports, QTS Realty Trust, and …” and published on June 14, 2018 is yet another important article.

Analysts await Analog Devices, Inc. (NASDAQ:ADI) to report earnings on August, 29. They expect $1.46 earnings per share, up 15.87% or $0.20 from last year’s $1.26 per share. ADI’s profit will be $541.51 million for 17.31 P/E if the $1.46 EPS becomes a reality. After $1.45 actual earnings per share reported by Analog Devices, Inc. for the previous quarter, Wall Street now forecasts 0.69% EPS growth.

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: “Chevron starts second Wheatstone LNG production train” published on June 15, 2018, Seekingalpha.com published: “Alberto affecting Gulf oil production” on May 28, 2018. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Seekingalpha.com and their article: “Reuters: Vitol-led group in talks to buy Nigeria assets from Petrobras” published on June 18, 2018 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: BlackRock, Chevron, Disney, Intel, Kinder Morgan, Zillow and More” with publication date: June 18, 2018.

Sirios Capital Management LP increased Consolidated Comm Hldgs Inc (NASDAQ:CNSL) stake by 81,791 shares to 1.09M valued at $11.94 million in 2018Q1. It also upped Berkshire Hathaway Inc Del (BRKA) stake by 4 shares and now owns 153 shares. Berkshire Hathaway Inc Del (BRKB) was raised too.

Analysts await Chevron Corporation (NYSE:CVX) to report earnings on July, 27. They expect $1.93 EPS, up 112.09% or $1.02 from last year’s $0.91 per share. CVX’s profit will be $3.69B for 16.32 P/E if the $1.93 EPS becomes a reality. After $1.90 actual EPS reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 1.58% EPS growth.

Among 36 analysts covering Chevron Corporation (NYSE:CVX), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 75% are positive. Chevron Corporation had 124 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Wednesday, March 9 by Credit Suisse. BMO Capital Markets upgraded the shares of CVX in report on Thursday, January 11 to “Buy” rating. On Monday, February 5 the stock rating was maintained by Credit Suisse with “Neutral”. The firm earned “Buy” rating on Monday, July 11 by Jefferies. Credit Suisse maintained the shares of CVX in report on Tuesday, January 23 with “Hold” rating. The stock has “Buy” rating by BMO Capital Markets on Friday, July 28. The rating was upgraded by Societe Generale to “Buy” on Friday, February 2. RBC Capital Markets maintained the shares of CVX in report on Tuesday, January 30 with “Sell” rating. The firm has “Neutral” rating by Credit Suisse given on Wednesday, March 7. As per Friday, June 23, the company rating was maintained by Jefferies.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart

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