Coho Partners LTD Has Cut Its Chevron (CVX) Holding as Valuation Rose; Genesco (GCO) Holder Eagle Asset Management Cut Stake by $17.39 Million as Share Price Declined

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Eagle Asset Management Inc decreased its stake in Genesco Inc (GCO) by 21.3% based on its latest 2018Q3 regulatory filing with the SEC. Eagle Asset Management Inc sold 369,917 shares as the company’s stock declined 9.66% with the market. The institutional investor held 1.37 million shares of the clothing and shoe and accessory stores company at the end of 2018Q3, valued at $64.36M, down from 1.74 million at the end of the previous reported quarter. Eagle Asset Management Inc who had been investing in Genesco Inc for a number of months, seems to be less bullish one the $891.90M market cap company. The stock decreased 0.92% or $0.41 during the last trading session, reaching $44.17. About 71,622 shares traded. Genesco Inc. (NYSE:GCO) has risen 50.37% since February 13, 2018 and is uptrending. It has outperformed by 50.37% the S&P500. Some Historical GCO News: 15/03/2018 – Genesco 4Q EPS $2.90; 15/03/2018 – Genesco 4Q Adj EPS $2.15; 15/03/2018 – GENESCO INC GCO.N FY2019 SHR VIEW $3.51 — THOMSON REUTERS l/B/E/S; 16/04/2018 – DEEP ECO: Genesco May Benefit, Industry Best in More Than 5 Yrs; 15/03/2018 – Genesco 4Q Net $56M; 15/03/2018 – GENESCO INC QTRLY SALES INCREASED 5%, INCLUDING RESULTS OF A 53(RD) WEEK, TO $930 MLN FROM $883 MLN; 25/04/2018 – GENESCO INC – STRATEGIC ALTERNATIVES COMMITTEE WILL UNDERTAKE AN UPDATED REVIEW OF STRATEGIC ALTERNATIVES; 15/03/2018 – GENESCO 4Q ADJ EPS CONT OPS $2.15, EST. $2.09; 25/04/2018 – GENESCO TO STUDY USING UNIT SALE PROCEEDS ON BUYBACKS, DIVIDEND; 15/03/2018 – Genesco: Comparable Sales Included 1% Decrease in Same Store Sales and 15% Increase in E-Commerce Sales

Coho Partners Ltd decreased its stake in Chevron Corporation (CVX) by 2.41% based on its latest 2018Q3 regulatory filing with the SEC. Coho Partners Ltd sold 22,434 shares as the company’s stock rose 0.40% while stock markets declined. The institutional investor held 908,511 shares of the integrated oil company at the end of 2018Q3, valued at $111.09 million, down from 930,945 at the end of the previous reported quarter. Coho Partners Ltd who had been investing in Chevron Corporation for a number of months, seems to be less bullish one the $227.78 billion market cap company. The stock increased 0.41% or $0.49 during the last trading session, reaching $119.21. About 2.81M shares traded. Chevron Corporation (NYSE:CVX) has declined 3.92% since February 13, 2018 and is downtrending. It has underperformed by 3.92% the S&P500. Some Historical CVX News: 24/05/2018 – OIL TENDER: India’s IOC Said to Buy 2 WAF Cargoes From Chevron; 29/04/2018 – ARAMCO NAMES EX-CHEVRON PHILIPS CEO PETER CELLA TO BOARD; 27/04/2018 – CHEVRON CORP – QTRLY TOTAL REVENUES AND OTHER INCOME $37,764 MLN VS $33,421 MLN; 30/04/2018 – CHEVRON PRESENTATION AT OFFSHORE TECHNOLOGY CONFERENCE ENDS; 23/04/2018 – EXCLUSIVE-Arrested Chevron workers could face treason charge in Venezuela; 07/03/2018 – RPT-FOCUS-Exxon CEO struggles to reverse Tillerson’s legacy of failed bets; 17/04/2018 – Chevron Venezuela Arrests, Canada Pipeline Battle: Energy Wrap; 31/03/2018 – Cal EMA Spills: SPILL Report – Chevron – 03/31/2018 08:04 PM; 27/04/2018 – ExxonMobil fails to ride oil’s rally as Chevron powers ahead; 06/03/2018 – Chevron: Expect to Deliver Stronger Upstream Cash Margins and Production Growth in FY18

Among 37 analysts covering Chevron Corporation (NYSE:CVX), 29 have Buy rating, 0 Sell and 8 Hold. Therefore 78% are positive. Chevron Corporation had 134 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Cowen & Co on Tuesday, December 15. RBC Capital Markets maintained the shares of CVX in report on Wednesday, March 9 with “Sector Perform” rating. Bank of America maintained Chevron Corporation (NYSE:CVX) on Tuesday, October 3 with “Buy” rating. Credit Suisse maintained it with “Neutral” rating and $96 target in Wednesday, March 9 report. DZ Bank upgraded the stock to “Buy” rating in Wednesday, March 7 report. Jefferies maintained Chevron Corporation (NYSE:CVX) on Wednesday, December 20 with “Buy” rating. The firm has “Neutral” rating given on Tuesday, July 3 by Macquarie Research. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, October 18 report. The stock has “Sector Outperform” rating by Howard Weil on Monday, December 14. As per Tuesday, January 23, the company rating was maintained by Piper Jaffray.

Investors sentiment increased to 1.05 in Q3 2018. Its up 0.02, from 1.03 in 2018Q2. It improved, as 49 investors sold CVX shares while 648 reduced holdings. 121 funds opened positions while 611 raised stakes. 1.18 billion shares or 1.47% less from 1.19 billion shares in 2018Q2 were reported. First Dallas Securities has invested 0.23% in Chevron Corporation (NYSE:CVX). Butensky & Cohen Security accumulated 1.74% or 17,756 shares. 25,622 are owned by Texas Yale Capital. Clear Harbor Asset Mngmt Limited Liability reported 10,743 shares or 0.24% of all its holdings. Laurion Cap Mgmt LP reported 0.01% stake. Boston Research And Management Inc has 0.51% invested in Chevron Corporation (NYSE:CVX). Rothschild Inv Corporation Il reported 22,555 shares. First Commercial Bank stated it has 1.51% in Chevron Corporation (NYSE:CVX). Raymond James Tru Na invested 1.2% in Chevron Corporation (NYSE:CVX). Benedict Fincl Advsrs Incorporated reported 1.57% stake. Parametric Portfolio Assoc Limited Com owns 6.17M shares for 0.66% of their portfolio. Glob holds 10.58M shares. Ckw Group holds 162 shares or 0% of its portfolio. Lederer Assocs Invest Counsel Ca holds 1.92% of its portfolio in Chevron Corporation (NYSE:CVX) for 18,550 shares. Fundx Ltd Co stated it has 13,700 shares.

Since September 13, 2018, it had 0 buys, and 6 selling transactions for $4.19 million activity. Ourada Jeanette L also sold $838,808 worth of Chevron Corporation (NYSE:CVX) on Monday, February 4.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: Seekingalpha.com which released: “Trump administration considering Venezuela oil sanctions – Platts – Seeking Alpha” on January 16, 2019, also Seekingalpha.com with their article: “Chevron sells majority stake in Brazil’s Frade field – Seeking Alpha” published on January 30, 2019, Seekingalpha.com published: “Chevron halts operations at Gorgon LNG’s Train 3 – Seeking Alpha” on January 16, 2019. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Seekingalpha.com and their article: “U.S. launches sanctions against Venezuela’s PDVSA oil firm – Seeking Alpha” published on January 28, 2019 as well as Seekingalpha.com‘s news article titled: “Chevron Vs. Exxon: One Clear Winner – Seeking Alpha” with publication date: January 23, 2019.

Among 16 analysts covering Genesco (NYSE:GCO), 2 have Buy rating, 1 Sell and 13 Hold. Therefore 13% are positive. Genesco had 58 analyst reports since July 24, 2015 according to SRatingsIntel. Buckingham Research maintained Genesco Inc. (NYSE:GCO) on Monday, November 20 with “Neutral” rating. The rating was maintained by Sterne Agee CRT on Friday, September 4 with “Hold”. The stock has “Neutral” rating by Macquarie Research on Friday, July 24. The stock has “Overweight” rating by Piper Jaffray on Thursday, April 20. The stock of Genesco Inc. (NYSE:GCO) has “Buy” rating given on Wednesday, October 19 by CL King. The company was upgraded on Thursday, August 30 by Pivotal Research. Morgan Stanley downgraded the shares of GCO in report on Wednesday, July 20 to “Equal-Weight” rating. As per Monday, October 16, the company rating was maintained by SunTrust. The stock has “Neutral” rating by PiperJaffray on Friday, June 1. The stock of Genesco Inc. (NYSE:GCO) earned “Buy” rating by SunTrust on Tuesday, January 9.

Eagle Asset Management Inc, which manages about $25.60 billion and $20.70 billion US Long portfolio, upped its stake in Perspecta Inc by 589,139 shares to 2.82M shares, valued at $72.64M in 2018Q3, according to the filing. It also increased its holding in Sensient Technologies Corp (NYSE:SXT) by 51,615 shares in the quarter, for a total of 875,464 shares, and has risen its stake in United Rentals Inc (NYSE:URI).

More notable recent Genesco Inc. (NYSE:GCO) news were published by: Seekingalpha.com which released: “Genesco – A Cheap Takeover Target? – Seeking Alpha” on December 18, 2017, also Bizjournals.com with their article: “Nashville public company explores sale of struggling division – Nashville Business Journal” published on February 14, 2018, Seekingalpha.com published: “Genesco: Comps A Mixed Bag, Stock No Longer Cheap – Seeking Alpha” on June 27, 2018. More interesting news about Genesco Inc. (NYSE:GCO) were released by: Seekingalpha.com and their article: “Lids Sale Will Boost EPS, But Genesco Looks Fairly Priced – Seeking Alpha” published on December 28, 2018 as well as Globenewswire.com‘s news article titled: “Factors of Influence in 2019, Key Indicators and Opportunity within Owens-Illinois, Crown Castle International, Energy Recovery, Genesco, Photronics, and MSC Industrial Direct — New Research Emphasizes Economic Growth – GlobeNewswire” with publication date: February 07, 2019.

Since August 30, 2018, it had 0 insider buys, and 5 sales for $1.47 million activity. On Tuesday, September 4 MASON KATHLEEN sold $25,375 worth of Genesco Inc. (NYSE:GCO) or 500 shares. The insider Dennis Robert J sold 22,760 shares worth $1.07M.

Genesco Inc. (NYSE:GCO) Institutional Positions Chart