Stock News

As Phillips 66 Common Stock Usd0.01 (PSX) Market Valuation Declined, Holder Schroder Investment Management Group Trimmed Its Stake; As Oceanfirst Financial (OCFC) Stock Price Declined, Holder Tiaa Cref Investment Management Raised Its Stake

OceanFirst Financial Corp. (NASDAQ:OCFC) Logo

Tiaa Cref Investment Management Llc increased its stake in Oceanfirst Financial Corp (OCFC) by 51.43% based on its latest 2017Q4 regulatory filing with the SEC. Tiaa Cref Investment Management Llc bought 41,877 shares as the company’s stock declined 0.30% with the market. The institutional investor held 123,302 shares of the savings institutions company at the end of 2017Q4, valued at $3.24 million, up from 81,425 at the end of the previous reported quarter. Tiaa Cref Investment Management Llc who had been investing in Oceanfirst Financial Corp for a number of months, seems to be bullish on the $1.38B market cap company. The stock increased 0.98% or $0.28 during the last trading session, reaching $28.94. About 142,649 shares traded. OceanFirst Financial Corp. (NASDAQ:OCFC) has declined 4.04% since May 24, 2017 and is downtrending. It has underperformed by 15.59% the S&P500.

Schroder Investment Management Group decreased its stake in Phillips 66 Common Stock Usd0.01 (PSX) by 24.67% based on its latest 2017Q4 regulatory filing with the SEC. Schroder Investment Management Group sold 20,398 shares as the company’s stock declined 5.13% with the market. The institutional investor held 62,293 shares of the integrated oil company at the end of 2017Q4, valued at $6.30M, down from 82,691 at the end of the previous reported quarter. Schroder Investment Management Group who had been investing in Phillips 66 Common Stock Usd0.01 for a number of months, seems to be less bullish one the $55.41B market cap company. The stock increased 0.00% or $0.0001 during the last trading session, reaching $118.9501. About 1.03M shares traded. Phillips 66 (NYSE:PSX) has risen 23.90% since May 24, 2017 and is uptrending. It has outperformed by 12.35% the S&P500.

Investors sentiment increased to 1.79 in Q4 2017. Its up 0.05, from 1.74 in 2017Q3. It is positive, as 9 investors sold OCFC shares while 29 reduced holdings. 26 funds opened positions while 42 raised stakes. 22.84 million shares or 4.61% more from 21.84 million shares in 2017Q3 were reported. Metropolitan Life Com New York reported 10,715 shares stake. 44,902 are held by Swiss Bank & Trust. Bank & Trust Of New York Mellon Corp reported 0% in OceanFirst Financial Corp. (NASDAQ:OCFC). Wells Fargo Commerce Mn reported 187,058 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 2,392 shares. Loomis Sayles And Lp stated it has 0.02% of its portfolio in OceanFirst Financial Corp. (NASDAQ:OCFC). Yorkville Cap Mngmt Limited Liability Corp holds 0.5% or 15,900 shares in its portfolio. Great West Life Assurance Company Can accumulated 2,600 shares. American Gru Incorporated accumulated 21,237 shares. 659,826 were accumulated by Northern. Tiaa Cref Inv Management Ltd Com holds 0% or 123,302 shares in its portfolio. Tower Research Cap Limited Liability Co (Trc) owns 304 shares. Envestnet Asset Incorporated reported 0% of its portfolio in OceanFirst Financial Corp. (NASDAQ:OCFC). First Tru Advisors Limited Partnership holds 0.01% of its portfolio in OceanFirst Financial Corp. (NASDAQ:OCFC) for 80,994 shares. Moreover, Alliancebernstein Lp has 0% invested in OceanFirst Financial Corp. (NASDAQ:OCFC).

Tiaa Cref Investment Management Llc, which manages about $151.69 billion US Long portfolio, decreased its stake in B&G Foods Inc (NYSE:BGS) by 10,233 shares to 163,011 shares, valued at $5.73 million in 2017Q4, according to the filing. It also reduced its holding in Cirrus Logic Inc (NASDAQ:CRUS) by 12,221 shares in the quarter, leaving it with 374,135 shares, and cut its stake in Plexus Corp (NASDAQ:PLXS).

Since January 8, 2018, it had 1 buy, and 5 sales for $3.32 million activity. On Monday, February 5 BRADY STEVEN E sold $520,320 worth of OceanFirst Financial Corp. (NASDAQ:OCFC) or 20,000 shares. 1,505 OceanFirst Financial Corp. (NASDAQ:OCFC) shares with value of $39,837 were sold by CATANIA ANGELO. On Monday, January 8 Burke Joseph J sold $39,828 worth of OceanFirst Financial Corp. (NASDAQ:OCFC) or 1,490 shares. Shares for $53,000 were bought by Maher Christopher on Tuesday, May 1. 97,686 shares were sold by Devlin Michael D, worth $2.64 million on Wednesday, May 2.

Among 4 analysts covering OceanFirst Financial Corp. (NASDAQ:OCFC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. OceanFirst Financial Corp. had 16 analyst reports since September 1, 2015 according to SRatingsIntel. The stock has “Buy” rating by Piper Jaffray on Monday, February 12. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The rating was maintained by Piper Jaffray on Thursday, July 13 with “Buy”. The stock has “Buy” rating by Sandler O’Neill on Monday, February 5. The stock has “Buy” rating by Piper Jaffray on Thursday, October 26. The stock of OceanFirst Financial Corp. (NASDAQ:OCFC) has “Buy” rating given on Thursday, July 27 by Keefe Bruyette & Woods. The stock has “Hold” rating by Sandler O’Neill on Monday, January 30. The rating was maintained by Keefe Bruyette & Woods on Wednesday, September 27 with “Buy”. The stock has “Buy” rating by Keefe Bruyette & Woods on Sunday, January 28. The stock of OceanFirst Financial Corp. (NASDAQ:OCFC) has “Overweight” rating given on Wednesday, September 16 by Piper Jaffray.

Another recent and important OceanFirst Financial Corp. (NASDAQ:OCFC) news was published by Globenewswire.com which published an article titled: “OceanFirst Financial Corp. Announces First Quarter Financial Results” on April 26, 2018.

Schroder Investment Management Group, which manages about $42.96 billion and $61.10 billion US Long portfolio, upped its stake in Sunstone Hotel Investors Incorporated Reit Usd0.01 (NYSE:SHO) by 47,239 shares to 947,507 shares, valued at $15.66M in 2017Q4, according to the filing. It also increased its holding in Manhattan Assocs Inc (NASDAQ:MANH) by 124,175 shares in the quarter, for a total of 138,616 shares, and has risen its stake in Leucadia National Corporation Common Stock Usd1 (NYSE:LUK).

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 company was initiated on Tuesday, August 23 by Jefferies. The stock of Phillips 66 (NYSE:PSX) earned “Market Perform” rating by Cowen & Co on Monday, March 28. The stock of Phillips 66 (NYSE:PSX) earned “Sell” rating by Jefferies on Wednesday, January 24. On Tuesday, March 13 the stock rating was maintained by Citigroup with “Neutral”. The stock has “Neutral” rating by JP Morgan on Monday, November 2. Barclays Capital downgraded Phillips 66 (NYSE:PSX) on Tuesday, November 14 to “Underweight” rating. Deutsche Bank maintained Phillips 66 (NYSE:PSX) on Monday, March 19 with “Hold” rating. The rating was downgraded by Jefferies on Monday, October 16 to “Underperform”. The stock of Phillips 66 (NYSE:PSX) has “Neutral” rating given on Tuesday, February 6 by Citigroup. Piper Jaffray maintained the stock with “Neutral” rating in Monday, August 22 report.

Investors sentiment increased to 1.01 in Q4 2017. 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. Cheviot Value Mgmt Ltd Liability Company holds 1% or 19,021 shares. Washington Tru holds 0.02% or 3,057 shares. Koch Industry accumulated 2,615 shares. Moreover, Integral Derivatives Lc has 0.01% invested in Phillips 66 (NYSE:PSX) for 2,853 shares. Check Cap Mngmt Ca, California-based fund reported 80,497 shares. Logan Mgmt owns 16,091 shares for 0.11% of their portfolio. Btim stated it has 33,816 shares or 0.05% of all its holdings. Blb&B Advsr Lc reported 0.04% of its portfolio in Phillips 66 (NYSE:PSX). Hikari Power has 2.78% invested in Phillips 66 (NYSE:PSX). 4,880 were reported by Atlas Browninc. Deroy And Devereaux Private Invest Counsel reported 179,204 shares. First State Bank And Tru Of Newtown invested in 12,399 shares. Natixis owns 0% invested in Phillips 66 (NYSE:PSX) for 6,072 shares. Quantitative Systematic Strategies Ltd Liability invested in 0.07% or 2,723 shares. Manufacturers Life The has 487,213 shares for 0.05% of their portfolio.

More recent Phillips 66 (NYSE:PSX) news were published by: Seekingalpha.com which released: “Phillips 66 Is Cashing In On The Oil Spread” on May 21, 2018. Also Seekingalpha.com published the news titled: “Chasing The Elephant: Episode 8 Option Ideas” on May 16, 2018. Seekingalpha.com‘s news article titled: “Gray Oak Pipeline Addresses Permian Weakness: Exit Capacity” with publication date: May 01, 2018 was also an interesting one.

OceanFirst Financial Corp. (NASDAQ:OCFC) Institutional Positions Chart

Ash

Leave a Reply

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