As Chevron (CVX) Share Price Declined, Rowland & Company Investment Counsel Increased Position by $688,779; Verus Financial Partners Holds Holding in Brandywine Rlty Tr (BDN)

February 20, 2018 - By Clifton Ray

Rowland & Company Investment Counsel increased its stake in Chevron Corporation (CVX) by 14.8% based on its latest 2017Q3 regulatory filing with the SEC. Rowland & Company Investment Counsel bought 5,887 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 45,657 shares of the integrated oil company at the end of 2017Q3, valued at $5.36M, up from 39,770 at the end of the previous reported quarter. Rowland & Company Investment Counsel who had been investing in Chevron Corporation for a number of months, seems to be bullish on the $213.00B market cap company. The stock decreased 0.35% or $0.39 during the last trading session, reaching $112.14. About 5.95 million shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since February 20, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

Verus Financial Partners Inc increased its stake in Brandywine Rlty Tr (BDN) by 262.51% based on its latest 2017Q3 regulatory filing with the SEC. Verus Financial Partners Inc bought 51,571 shares as the company’s stock rose 6.44% with the market. The institutional investor held 71,216 shares of the real estate investment trusts company at the end of 2017Q3, valued at $1.25M, up from 19,645 at the end of the previous reported quarter. Verus Financial Partners Inc who had been investing in Brandywine Rlty Tr for a number of months, seems to be bullish on the $2.95B market cap company. The stock increased 1.54% or $0.25 during the last trading session, reaching $16.52. About 1.83M shares traded or 11.42% up from the average. Brandywine Realty Trust (NYSE:BDN) has risen 17.77% since February 20, 2017 and is uptrending. It has outperformed by 1.07% the S&P500.

Among 34 analysts covering Chevron Corporation (NYSE:CVX), 24 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. Chevron Corporation had 114 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Chevron Corporation (NYSE:CVX) has “Accumulate” rating given on Monday, September 21 by Tudor Pickering. The firm has “Buy” rating given on Tuesday, November 3 by Evercore. The firm earned “Overweight” rating on Wednesday, January 24 by Morgan Stanley. The firm has “Buy” rating given on Monday, June 5 by HSBC. The firm has “Neutral” rating by UBS given on Monday, August 3. The firm has “Buy” rating given on Monday, February 5 by Jefferies. JP Morgan maintained it with “Overweight” rating and $91 target in Tuesday, December 15 report. The stock has “Overweight” rating by Morgan Stanley on Wednesday, October 18. Barclays Capital maintained it with “Equal-Weight” rating and $130 target in Tuesday, October 10 report. The stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given on Tuesday, February 6 by Wells Fargo.

Rowland & Company Investment Counsel, which manages about $228.64M and $240.76 million US Long portfolio, decreased its stake in Conocophillips (NYSE:COP) by 12,216 shares to 58,012 shares, valued at $2.90 million in 2017Q3, according to the filing.

Since October 16, 2017, it had 0 insider buys, and 1 insider sale for $3.06 million activity.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. It turned negative, 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. Nomura Asset Mngmt Limited invested in 0.76% or 502,075 shares. Moreover, Alyeska Invest Group Inc Limited Partnership has 0.02% invested in Chevron Corporation (NYSE:CVX). Opus Cap Gp Ltd invested in 1,772 shares. Great Lakes Advsr Ltd Limited Liability Company, Illinois-based fund reported 454,706 shares. Asset Advsr owns 0.14% invested in Chevron Corporation (NYSE:CVX) for 6,862 shares. Icon Advisers Com holds 1.15% or 139,100 shares in its portfolio. Todd Asset Mngmt Limited accumulated 13,905 shares. Marathon Trading Investment Mngmt Ltd Liability Corporation holds 8,786 shares. Utah-based Utah Retirement Sys has invested 0.92% in Chevron Corporation (NYSE:CVX). Hutchin Hill Capital Lp stated it has 0.04% of its portfolio in Chevron Corporation (NYSE:CVX). The Japan-based Daiwa Secs Group Inc has invested 0.06% in Chevron Corporation (NYSE:CVX). Brookstone Cap Mgmt stated it has 0.56% in Chevron Corporation (NYSE:CVX). Whittier has invested 1.35% in Chevron Corporation (NYSE:CVX). Lloyds Banking Gp Plc has invested 0.05% in Chevron Corporation (NYSE:CVX). Moreover, Union Bancshares Corp has 2.67% invested in Chevron Corporation (NYSE:CVX) for 67,579 shares.

Among 13 analysts covering Brandywine Realty Trust (NYSE:BDN), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Brandywine Realty Trust had 32 analyst reports since August 14, 2015 according to SRatingsIntel. Zacks upgraded the shares of BDN in report on Friday, August 14 to “Sell” rating. The firm has “Outperform” rating by Raymond James given on Monday, January 9. KeyBanc Capital Markets downgraded Brandywine Realty Trust (NYSE:BDN) on Friday, July 15 to “Underweight” rating. KeyBanc Capital Markets maintained the shares of BDN in report on Monday, October 23 with “Hold” rating. SunTrust maintained Brandywine Realty Trust (NYSE:BDN) on Wednesday, October 18 with “Buy” rating. The firm earned “Buy” rating on Monday, July 17 by Stifel Nicolaus. The company was upgraded on Monday, July 10 by Mizuho. Barclays Capital maintained the shares of BDN in report on Tuesday, July 19 with “Equalweight” rating. The stock of Brandywine Realty Trust (NYSE:BDN) has “Buy” rating given on Monday, December 19 by Evercore. The stock of Brandywine Realty Trust (NYSE:BDN) earned “Hold” rating by Zacks on Friday, September 4.

Since October 25, 2017, it had 0 insider purchases, and 2 selling transactions for $457,230 activity. SWEENEY GERARD H sold $370,185 worth of Brandywine Realty Trust (NYSE:BDN) on Monday, December 18.

Verus Financial Partners Inc, which manages about $469.81 million and $258.60 million US Long portfolio, decreased its stake in Vanguard World Fd (MGC) by 58,528 shares to 390,383 shares, valued at $33.68 million in 2017Q3, according to the filing.

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