Big Money Not In Phillips 66 (NYSE:PSX), Sentiment at 0.91

June 27, 2018 - By Bridget Boland

Phillips 66 (NYSE:PSX) Corporate Logo

“Big money” Positions

In 2018 Q1 Phillips 66 (NYSE:PSX) big money sentiment decreased to 0.91, SEC filings reveal. That’s down -0.10, from 2017Q4’s 1.01. 405 institutional investors opened new and increased equity positions, while 444 trimmed and sold positions in Phillips 66 so the sentiment turned negative. These funds own 314.13 million shares, that’s down from 351.44 million shares in 2017Q4. Funds holding Phillips 66 in top 10 decreased from 12 to 11 for a decrease of 1. 55 Investors Sold All; 389 Reduced Holdings; 308 increased holdings while 97 institutional investors bought holdings.

Largest Phillips 66 Investors

As of 2018 Q1 Rr Partners Lp has 9.46% invested in Phillips 66. As of 2018 Q1, 95,893 shares of Phillips 66 are owned by Norman Fields Gottscho Capital Management Llc. Furthermore, Lincoln Capital Llc reported 80,474 shares in Phillips 66 equivalent to 4.17% of its fund’s portfolio. The California-based fund Santa Barbara Asset Management Llc have invested about 3.27% of the fund’s stock portfolio in Phillips 66. The Arkansas-based fund Foundation Resource Management Inc holds 160,897 shares or 3.1% of their fund’s portfolio.

Phillips 66 operates as an energy manufacturing and logistics company.The firm is worth $51.62 billion. It operates through four divisions: Midstream, Chemicals, Refining, and Marketing and Specialties .11.25 is the P/E ratio. The Midstream segment gathers, processes, transports, and markets natural gas; transports, stores, fractionates, and markets natural gas liquids in the United States; and stores, refrigerates, and exports liquefied petroleum gas (LPG) primarily to Asia and Europe.

PSX hit $110.82 during the last trading session after $0.37 change.Phillips 66 has volume of 1.81M shares. Since June 27, 2017 PSX has risen 49.32% and is uptrending. The stock outperformed the S&P 500 by 36.75%.

Phillips 66 (NYSE:PSX)’s quarterly earnings will be reported on August, 7., according to Zacks. earnings per share of $2.17 is 99.08 % up from 2017’s $1.09 EPS. PSX’s profit could be $1.01 billion if the current earnings per share of $2.17 is accurate. After $1.04 EPS report previous quarter, Wall Street now forecasts 108.65 % EPS growth of Phillips 66.

Financial Advisory Service owns 3,013 shs. Adirondack reported 0.43% of its capital in Phillips 66 (NYSE:PSX). Schwab Charles Invest Management invested in 0.15% or 2.05 million shs. Albion Fincl Ut stated it has 0.04% of its capital in Phillips 66 (NYSE:PSX). Peapack Gladstone Fincl Corporation holds 2,401 shs or 0% of its capital. First Personal Service holds 768 shs or 0.02% of its capital. Asset Management One Limited holds 0.15% of its capital in Phillips 66 (NYSE:PSX) for 698,427 shs. Freestone Cap Hldgs Limited Liability Company invested in 0.02% or 2,743 shs. Ironwood Financial Ltd Limited Liability Company reported 30 shs. 5,489 are owned by Washington Retail Bank. Moreover, Capital World has 0.05% invested in Phillips 66 (NYSE:PSX) for 2.27 million shs. Lincoln Capital Lc has 80,474 shs. Moreover, Services has 0.04% invested in Phillips 66 (NYSE:PSX). Korea Invest reported 201,427 shs. Riverhead Capital Management Ltd Liability Corp holds 0.07% of its capital in Phillips 66 (NYSE:PSX) for 18,188 shs.

Phillips 66 registered $828,000 net activity with 0 insider buys and 1 insider sale since May 16, 2018.

Phillips 66 (NYSE:PSX) Ratings Coverage

In total 13 analysts cover Phillips 66 (NYSE:PSX). “Buy” rating has 5, “Sell” are 2, while 6 are “Hold”. 38% are bullish. With $137.0 highest and $83.0 lowest target Phillips 66 has $113.27 average target or 2.21% above the current ($110.82) price. 22 are the (NYSE:PSX)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. In Friday, February 2 report Cowen & Co maintained the stock with “Buy” rating. The company rating was maintained by Cowen & Co on Wednesday, February 14. The stock rating was maintained by RBC Capital Markets with “Hold” on Friday, April 13. On Wednesday, March 7 the stock of Phillips 66 (NYSE:PSX) has “Neutral” rating given by Credit Suisse. On Thursday, January 11 the stock has “Equal-Weight” rating by Morgan Stanley. On Tuesday, January 30 the stock of Phillips 66 (NYSE:PSX) has “Hold” rating given by RBC Capital Markets. On Tuesday, February 6 the stock of Phillips 66 (NYSE:PSX) earned “Neutral” rating by Citigroup. On Wednesday, January 10 the firm has “Buy” rating given by Scotia Capital. On Monday, June 4 JP Morgan maintained the shares of PSX in report with “Neutral” rating. On Tuesday, April 24 the firm has “Sell” rating by Jefferies given.

A couple more Phillips 66 (NYSE:PSX) news were released by: Bizjournals.com which released on June 25, 2018 “See which Houston public cos. were the biggest winners, losers for job growth since 2009”, also Finance.Yahoo.com on June 16, 2018 released “Investors Should Follow Buffett Into Phillips 66 Stock”, the next Globenewswire.com is “Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar …” on June 26, 2018. Fool.com has article titled “1 Metric Explains Why Oil Refinery Stocks Are Soaring Right Now”.

Phillips 66 (NYSE:PSX) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.