State Street Corp Boosts Stock Position in Chevron Corporation $CVX

MarketBeat
State Street Corp Boosts Stock Position in Chevron Corporation $CVX
State Street Corp significantly increased its holdings in Chevron Corporation (NYSE:CVX) by 3.9% in the second quarter, bringing its total to over 159 million shares valued at $28 billion. Other major institutional investors also adjusted their positions in Chevron, which saw strong Q2 earnings, beating analyst estimates with $6.06 EPS and $67.2 billion in revenue. Despite a "Moderate Buy" consensus from analysts and a 3.5% dividend yield, the article notes concerns over weak crude prices and re
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