Market News

As Phillips 66 (PSX) Stock Declined, Holder Roundview Capital Has Cut Its Holding by $1.88 Million; Trb Advisors LP Has Boosted Its Holding in Crown Castle Intl New (CCI) by $3.89 Million

Phillips 66 (NYSE:PSX) Logo

Roundview Capital Llc decreased its stake in Phillips 66 (PSX) by 64.16% based on its latest 2017Q4 regulatory filing with the SEC. Roundview Capital Llc sold 18,629 shares as the company’s stock declined 5.13% with the market. The institutional investor held 10,408 shares of the integrated oil company at the end of 2017Q4, valued at $1.05 million, down from 29,037 at the end of the previous reported quarter. Roundview Capital Llc who had been investing in Phillips 66 for a number of months, seems to be less bullish one the $56.57B market cap company. The stock increased 0.92% or $1.11 during the last trading session, reaching $121.44. About 2.06 million shares traded. Phillips 66 (NYSE:PSX) has risen 23.90% since May 22, 2017 and is uptrending. It has outperformed by 12.35% the S&P500.

Trb Advisors Lp increased its stake in Crown Castle Intl Corp New (CCI) by 233.33% based on its latest 2017Q4 regulatory filing with the SEC. Trb Advisors Lp bought 35,000 shares as the company’s stock rose 1.95% while stock markets declined. The institutional investor held 50,000 shares of the real estate investment trusts company at the end of 2017Q4, valued at $5.55 million, up from 15,000 at the end of the previous reported quarter. Trb Advisors Lp who had been investing in Crown Castle Intl Corp New for a number of months, seems to be bullish on the $42.35 billion market cap company. The stock decreased 0.13% or $0.13 during the last trading session, reaching $102.1. About 1.61 million shares traded. Crown Castle International Corp. (NYSE:CCI) has risen 17.78% since May 22, 2017 and is uptrending. It has outperformed by 6.23% the S&P500.

Among 20 analysts covering Phillips 66 (NYSE:PSX), 9 have Buy rating, 2 Sell and 9 Hold. Therefore 45% are positive. Phillips 66 had 81 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Neutral” rating by JP Morgan on Monday, October 30. The firm has “Equal-Weight” rating given on Friday, June 17 by Morgan Stanley. The company was upgraded on Monday, December 18 by Goldman Sachs. The firm earned “Equal-Weight” rating on Tuesday, October 10 by Barclays Capital. The stock of Phillips 66 (NYSE:PSX) earned “Hold” rating by Jefferies on Thursday, June 1. The stock has “Buy” rating by Cowen & Co on Tuesday, October 17. As per Monday, October 10, the company rating was maintained by . Cowen & Co maintained the shares of PSX in report on Wednesday, February 14 with “Buy” rating. As per Monday, November 13, the company rating was maintained by Piper Jaffray. Wells Fargo downgraded Phillips 66 (NYSE:PSX) on Friday, July 8 to “Market Perform” rating.

More notable recent Phillips 66 (NYSE:PSX) news were published by: Fool.com which released: “Buffett’s 3 Most Important Stock Sales in 2018” on May 21, 2018, also Seekingalpha.com with their article: “Phillips 66 2018 Q1 – Results – Earnings Call Slides” published on April 30, 2018, Seekingalpha.com published: “Phillips 66 Is Cashing In On The Oil Spread” on May 21, 2018. More interesting news about Phillips 66 (NYSE:PSX) were released by: Bizjournals.com and their article: “Two Houston companies join Fortune 500 this year” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Will Phillips 66 Roll-Up Its MLP?” with publication date: May 20, 2018.

Roundview Capital Llc, which manages about $323.08M and $387.18 million US Long portfolio, upped its stake in Mcdonald’s Corporation (NYSE:MCD) by 3,191 shares to 30,064 shares, valued at $5.18M in 2017Q4, according to the filing. It also increased its holding in Oracle Corp Com (NYSE:ORCL) by 10,543 shares in the quarter, for a total of 58,327 shares, and has risen its stake in Ishares Msci Emerging Mkt (EEM).

Investors sentiment increased to 1.01 in 2017 Q4. Its up 0.09, from 0.92 in 2017Q3. It is positive, as 34 investors sold PSX shares while 372 reduced holdings. 125 funds opened positions while 284 raised stakes. 351.44 million shares or 0.51% less from 353.24 million shares in 2017Q3 were reported. Maryland Capital stated it has 0.05% in Phillips 66 (NYSE:PSX). Beach Investment Counsel Pa reported 20,480 shares or 0.2% of all its holdings. Brinker Capital holds 0.24% of its portfolio in Phillips 66 (NYSE:PSX) for 61,299 shares. 31,781 are owned by Copeland Mngmt Ltd Liability. Hm Payson And Communications reported 1.18% stake. Assets Mgmt Ltd Co has invested 0.28% in Phillips 66 (NYSE:PSX). Welch & Forbes Limited Liability Company has invested 0.04% in Phillips 66 (NYSE:PSX). Covington Mgmt holds 7,535 shares or 0.05% of its portfolio. Private Trust Na invested 0.2% of its portfolio in Phillips 66 (NYSE:PSX). Warren Averett Asset Management Limited Liability Company accumulated 117 shares. Hl Financial Svcs Ltd Liability Corporation invested 0.04% in Phillips 66 (NYSE:PSX). First Allied Advisory Ser owns 11,955 shares. New York-based Barrett Asset Mgmt Lc has invested 0.02% in Phillips 66 (NYSE:PSX). Nwq Investment Mgmt Company holds 0% or 2,717 shares. Intrust Bancorporation Na accumulated 0.58% or 19,118 shares.

Analysts await Phillips 66 (NYSE:PSX) to report earnings on August, 7. They expect $2.15 earnings per share, up 97.25% or $1.06 from last year’s $1.09 per share. PSX’s profit will be $1.00 billion for 14.12 P/E if the $2.15 EPS becomes a reality. After $1.04 actual earnings per share reported by Phillips 66 for the previous quarter, Wall Street now forecasts 106.73% EPS growth.

Since December 15, 2017, it had 0 buys, and 1 sale for $270,675 activity.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.34, from 1.58 in 2017Q3. It is negative, as 43 investors sold CCI shares while 214 reduced holdings. 84 funds opened positions while 235 raised stakes. 368.81 million shares or 2.36% less from 377.71 million shares in 2017Q3 were reported. Moreover, Parallax Volatility Advisers LP has 0% invested in Crown Castle International Corp. (NYSE:REIT). Hengehold Mngmt Ltd Liability reported 0.68% in Crown Castle International Corp. (NYSE:REIT). Bancorporation Of Nova Scotia invested 0.03% of its portfolio in Crown Castle International Corp. (NYSE:REIT). Colonial has invested 1.04% in Crown Castle International Corp. (NYSE:REIT). 1832 Asset Mgmt Ltd Partnership, a Ontario – Canada-based fund reported 307,000 shares. Highstreet Asset Mgmt Inc invested 0.09% in Crown Castle International Corp. (NYSE:REIT). Wms Prtn Ltd Liability Corporation stated it has 3,250 shares. Credit Suisse Ag stated it has 0.1% in Crown Castle International Corp. (NYSE:REIT). Swiss Savings Bank reported 1.96 million shares stake. Wade G W And Incorporated has 53,439 shares for 0.68% of their portfolio. Crosslink Capital Incorporated has 0.97% invested in Crown Castle International Corp. (NYSE:REIT) for 45,590 shares. Kentucky Retirement Sys holds 0.2% or 25,053 shares in its portfolio. 37 are owned by Field And Main Comml Bank. Macquarie Gp has 0.55% invested in Crown Castle International Corp. (NYSE:REIT). Moneta Inv Advsr Ltd Liability Co invested in 0% or 4 shares.

Since February 21, 2018, it had 1 buying transaction, and 2 sales for $1.83 million activity. The insider Simon Kenneth Jay sold 693 shares worth $75,391. $1.95 million worth of Crown Castle International Corp. (NYSE:REIT) shares were sold by Brown Jay A..

Phillips 66 (NYSE:PSX) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *