American Investment Services Has Lowered By $993,681 Its Chevron New (CVX) Position; Sabra Health Care Reit (SBRA) Shorts Increased By 6.12%

February 24, 2018 - By Nellie Frank

American Investment Services Inc decreased Chevron Corp New (CVX) stake by 3.93% reported in 2017Q3 SEC filing. American Investment Services Inc sold 8,493 shares as Chevron Corp New (CVX)’s stock declined 3.45%. The American Investment Services Inc holds 207,678 shares with $24.40M value, down from 216,171 last quarter. Chevron Corp New now has $213.85 billion valuation. The stock increased 2.46% or $2.7 during the last trading session, reaching $112.59. About 6.46 million shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since February 24, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

Sabra Health Care Reit Inc (NASDAQ:SBRA) had an increase of 6.12% in short interest. SBRA’s SI was 12.27 million shares in February as released by FINRA. Its up 6.12% from 11.56M shares previously. With 1.38M avg volume, 9 days are for Sabra Health Care Reit Inc (NASDAQ:SBRA)’s short sellers to cover SBRA’s short positions. The stock increased 1.46% or $0.25 during the last trading session, reaching $17.32. About 2.00 million shares traded or 6.80% up from the average. Sabra Health Care REIT, Inc. (NASDAQ:SBRA) has risen 23.68% since February 24, 2017 and is uptrending. It has outperformed by 6.98% the S&P500.

Sabra Health Care REIT, Inc. operates as a real estate investment trust in the United States. The company has market cap of $3.09 billion. The company, through its subsidiaries, owns and invests in real estate properties for the healthcare industry. It has a 12.37 P/E ratio. The Company’s property portfolio consists of 86 properties comprising 67 skilled nursing facilities; 10 combined skilled nursing, assisted living, and independent living facilities; 5 assisted living facilities; 2 mental health facilities; 1 independent living facility; and 1 continuing care retirement community.

Among 14 analysts covering Sabra Health Care REIT (NASDAQ:SBRA), 6 have Buy rating, 2 Sell and 6 Hold. Therefore 43% are positive. Sabra Health Care REIT had 47 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Raymond James to “Market Perform” on Tuesday, April 12. On Thursday, October 8 the stock rating was initiated by FBR Capital with “Outperform”. Bank of America maintained Sabra Health Care REIT, Inc. (NASDAQ:SBRA) on Friday, September 8 with “Underperform” rating. JMP Securities upgraded Sabra Health Care REIT, Inc. (NASDAQ:SBRA) on Thursday, August 27 to “Market Underperform” rating. Suntrust Robinson downgraded the shares of SBRA in report on Wednesday, November 11 to “Neutral” rating. The stock has “Neutral” rating by BTIG Research on Thursday, August 25. The stock has “Hold” rating by Canaccord Genuity on Wednesday, August 26. The firm has “Buy” rating given on Monday, October 9 by SunTrust. As per Thursday, December 21, the company rating was downgraded by Jefferies. The stock has “Overweight” rating by Barclays Capital on Wednesday, November 11.

Investors sentiment increased to 5.24 in Q3 2017. Its up 3.43, from 1.81 in 2017Q2. It increased, as 26 investors sold Sabra Health Care REIT, Inc. shares while 23 reduced holdings. 133 funds opened positions while 124 raised stakes. 297.15 million shares or 307.35% more from 72.95 million shares in 2017Q2 were reported. Amica Retiree Med Trust accumulated 0.27% or 15,731 shares. Barclays Public Ltd Company owns 15,443 shares or 0% of their US portfolio. Exane Derivatives holds 0% or 1 shares in its portfolio. Bb&T Securities Limited Liability Corporation holds 9,132 shares. Teachers Insurance And Annuity Association Of America stated it has 0.1% of its portfolio in Sabra Health Care REIT, Inc. (NASDAQ:SBRA). Bessemer Gp Inc reported 304 shares stake. Heitman Real Est Secs Ltd Liability Corporation invested in 1.09M shares. Tiaa Cref Inv Mgmt Ltd Liability Co reported 0.01% in Sabra Health Care REIT, Inc. (NASDAQ:SBRA). The Alabama-based Oakworth Capital has invested 0% in Sabra Health Care REIT, Inc. (NASDAQ:SBRA). Texas Yale Capital Corporation reported 13,821 shares. Northwestern Mutual Wealth Mgmt has 220 shares. Moreover, Lazard Asset Management Lc has 0% invested in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) for 10,638 shares. Virtu Finance Ltd Limited Liability Company reported 12,354 shares stake. Hightower Advisors Limited Liability Corporation accumulated 138,929 shares. Amer Tx holds 0.08% or 65,441 shares in its portfolio.

American Investment Services Inc increased International Business Machs (NYSE:IBM) stake by 11,715 shares to 90,808 valued at $13.17 million in 2017Q3. It also upped Exxon Mobil Corp (NYSE:XOM) stake by 27,676 shares and now owns 80,234 shares. Verizon Communications Inc (NYSE:VZ) was raised too.

Among 34 analysts covering Chevron Corporation (NYSE:CVX), 24 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. Chevron Corporation had 115 analyst reports since August 4, 2015 according to SRatingsIntel. On Tuesday, October 10 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The rating was upgraded by Wolfe Research on Wednesday, March 9 to “Outperform”. The firm has “Buy” rating given on Thursday, December 1 by Independent Research. The stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given on Tuesday, October 10 by Piper Jaffray. The firm earned “Accumulate” rating on Monday, September 21 by Tudor Pickering. Citigroup maintained Chevron Corporation (NYSE:CVX) on Monday, October 30 with “Buy” rating. Vetr upgraded the shares of CVX in report on Tuesday, August 25 to “Buy” rating. The rating was maintained by BMO Capital Markets with “Buy” on Friday, July 28. The rating was maintained by Cowen & Co with “Buy” on Thursday, February 22. RBC Capital Markets upgraded the shares of CVX in report on Friday, February 9 to “Sector Perform” rating.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. It fall, 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. Swedbank invested 0.76% of its portfolio in Chevron Corporation (NYSE:CVX). Research Global Invsts, California-based fund reported 10.37 million shares. 91,726 are owned by Bridges Investment Management Incorporated. Livingston Group Asset Mgmt (Operating As Southport Cap Management) reported 2,855 shares stake. Headinvest Ltd Llc holds 0.47% or 12,877 shares in its portfolio. Woodstock Corp holds 0.15% or 6,619 shares in its portfolio. New York-based Ny State Common Retirement Fund has invested 0.82% in Chevron Corporation (NYSE:CVX). Qv Invsts Inc holds 2.49% of its portfolio in Chevron Corporation (NYSE:CVX) for 252,367 shares. Greatmark Inv Prns holds 33,383 shares or 1.5% of its portfolio. Affinity Wealth Mgmt invested in 1,969 shares or 0.13% of the stock. Prudential Public Ltd Liability Corporation stated it has 1.02% in Chevron Corporation (NYSE:CVX). Banced holds 1.88% of its portfolio in Chevron Corporation (NYSE:CVX) for 9,207 shares. Beacon Fincl Gp has 0.12% invested in Chevron Corporation (NYSE:CVX) for 5,783 shares. Intact Invest holds 17,700 shares. Taurus Asset Ltd Limited Liability Company holds 0.56% or 30,754 shares.

Analysts await Chevron Corporation (NYSE:CVX) to report earnings on April, 27. They expect $1.50 earnings per share, up 6.38% or $0.09 from last year’s $1.41 per share. CVX’s profit will be $2.85B for 18.77 P/E if the $1.50 EPS becomes a reality. After $0.73 actual earnings per share reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 105.48% EPS growth.

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