The shares of Chevron Corporation (NYSE:CVX) has been pegged with a rating of Buy by UBS in its latest research note that was published on January 18th, 2019. UBS wasn’t the only research firm that published a report of Chevron Corporation, with other equities research analysts also giving their opinion on the stock. HSBC Securities advised investors in its research note published on January 14th, 2019, to Hold the CVX stock. The stock had earned Outperform rating from Credit Suisse when it published its report on November 5th, 2018. The stock was given Neutral rating by BofA/Merrill in its report released on November 5th, 2018, the day when the price target on the stock was placed at $140. Piper Jaffray was of a view that CVX is Overweight in its latest report on October 23rd, 2018. HSBC Securities thinks that CVX is worth Buy rating. This was contained in the firm’s report on September 12th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 7 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $138.10. The price of the stock the last time has raised by 17.32% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 58.08.
The shares of the company dipped by -0.55% during the trading session on Friday, reaching a low of $115.92 while ending the day at $117.58. During the trading session, a total of 5.65 million shares were traded which represents a 24.99% incline from the average session volume which is 7.53M shares. CVX had ended its last session trading at 118.23. Chevron Corporation currently has a market cap of $225.91B, while its P/E ratio stands at 15.18, while its P/E earnings growth sits at 1.42, with a beta of 1.01. Chevron Corporation debt-to-equity ratio currently stands at 0.24, while its quick ratio hovers at 1.00. CVX 52-week low price stands at $100.22 while its 52-week high price is $131.08.
The company in its last quarterly report recorded $1.95 earnings per share which is above the $1.87 predicted by most analysts. The Chevron Corporation generated $42,352.00 million in revenue during the last quarter, which is slightly lower than the $46,134.40 million predicted by analysts. In the second quarter last year, the firm recorded $2.11 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -8.21%. Chevron Corporation has the potential to record 7.75 EPS for the current fiscal year, according to equities analysts.
Investment analysts at UBS published a research note on February 6th, 2019 where it informed investors and clients that New York Community Bancorp, Inc. (NYSE:NYCB) is now rated as Buy. Their price target on the stock stands at $15. HSBC Securities also rated NYCB as Downgrade on January 14th, 2019, with its price target of suggesting that NYCB could down by -8.42% from its current share price. Even though the stock has been trading at $11.99/share, analysts expect it to surge higher by -0.08% to reach $11.05/share. It started the day trading at $12.03 and traded between $11.77 and $11.98 throughout the trading session.
A look at its technical shows that NYCB’s 50-day SMA is 10.22 while its 200-day SMA stands at 10.71. The stock has a high of $14.53 for the year while the low is $8.61. The company’s P/E ratio currently sits at 15.50, while the P/B ratio is 0.93. The company’s average trading volume currently stands at 8.17M shares, which means that the short-interest ratio is just 6.19 days. Over the past seven days, the company moved, with its shift of 0.08%. Looking further, the stock has raised 23.12% over the past 90 days while it gained 10.93% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. BlackRock Fund Advisors bought more NYCB shares, increasing its portfolio by +1.64% during the last quarter. This move now sees BlackRock Fund Advisors purchasing 797,207 shares in the last quarter, thus it now holds 49,464,827 shares of NYCB, with a total valuation of $465,464,022. The Vanguard Group Inc meanwhile bought more NYCB shares in the recently filed quarter, changing its stake to $399,753,032 worth of shares. Barrow Hanley Mewhinney Strau followed the path by increasing its NYCB portfolio by +26.51% in the quarter. This means that Barrow Hanley Mewhinney Strau bought 8,013,024 shares in the last quarter and now controls 38,239,527 shares of the NYCB stock, with the valuation hitting $359,833,949.
Similarly, Goldman Sachs Co LLC increased its New York Community Bancorp, Inc. shares by +36.59% during the recently filed quarter. After buying 5,361,932 shares in the last quarter, the firm now controls 20,014,657 shares of New York Community Bancorp, Inc. which are valued at $188,337,922. In the same vein, Alecta Pension Insurance Mutual decreased its New York Community Bancorp, Inc. shares by during the most recent reported quarter. The firm sold 0 shares during the quarter which decreased its stakes to 10,400,000 shares and is now valued at $97,864,000. Following these latest developments, around 1.30% of New York Community Bancorp, Inc. stocks are owned by institutional investors and hedge funds.