Phillips 66 (NYSE:PSX) Sentiment Change Report

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Sentiment for Phillips 66 (NYSE:PSX)

Phillips 66 (NYSE:PSX) institutional sentiment increased to 1.16 in Q2 2018. Its up 0.25, from 0.91 in 2018Q1. The ratio increased, as 467 institutional investors opened new or increased holdings, while 404 sold and reduced their stakes in Phillips 66. The institutional investors in our partner’s database now have: 314.02 million shares, down from 314.13 million shares in 2018Q1. Also, the number of institutional investors holding Phillips 66 in their top 10 holdings increased from 11 to 17 for an increase of 6. Sold All: 30 Reduced: 374 Increased: 335 New Position: 132.

Phillips 66 operates as an energy manufacturing and logistics company. The company has market cap of $43.12 billion. It operates through four divisions: Midstream, Chemicals, Refining, and Marketing and Specialties . It has a 6.94 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.

The stock increased 0.91% or $0.84 during the last trading session, reaching $93.52. About 4.39M shares traded or 49.57% up from the average. Phillips 66 (NYSE:PSX) has risen 30.83% since December 2, 2017 and is uptrending. It has outperformed by 15.21% the S&P500.

Rr Partners Lp holds 10.77% of its portfolio in Phillips 66 for 1.27 million shares. Norman Fields Gottscho Capital Management Llc owns 95,293 shares or 5.74% of their US portfolio. Moreover, Lincoln Capital Llc has 4.82% invested in the company for 79,936 shares. The California-based Santa Barbara Asset Management Llc has invested 3.71% in the stock. South Street Advisors Llc, a New York-based fund reported 98,882 shares.

Since January 1, 0001, it had 1 insider purchase, and 0 insider sales for $1.98 million activity.

Phillips 66 (NYSE:PSX) Ratings Coverage

Ratings analysis reveals 44% of Phillips 66’s analysts are positive. Out of 9 Wall Street analysts rating Phillips 66, 4 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $108 while the high is $140. The stock’s average target of $127.88 is 36.74% above today’s ($93.52) share price. PSX was included in 12 notes of analysts from June 4, 2018. JP Morgan maintained it with “Neutral” rating and $132 target in Monday, June 4 report. On Tuesday, October 16 the stock rating was upgraded by Jefferies to “Hold”. On Tuesday, October 30 the stock rating was upgraded by JP Morgan to “Overweight”. As per Tuesday, November 20, the company rating was maintained by Morgan Stanley. The stock of Phillips 66 (NYSE:PSX) earned “Buy” rating by U.S. Capital Advisors on Friday, November 16. The firm has “Outperform” rating by Raymond James given on Monday, October 29. As per Monday, October 29, the company rating was maintained by Wells Fargo. Citigroup maintained Phillips 66 (NYSE:PSX) rating on Wednesday, August 15. Citigroup has “Neutral” rating and $126 target. Morgan Stanley maintained Phillips 66 (NYSE:PSX) on Monday, July 16 with “Equal-Weight” rating. The firm earned “Equal-Weight” rating on Wednesday, October 3 by Barclays Capital.

More important recent Phillips 66 (NYSE:PSX) news were published by: Seekingalpha.com which released: “Why Phillips 66 Wants To Produce Renewable Diesel – Seeking Alpha” on November 05, 2018, also Bizjournals.com published article titled: “Phillips 66 Partners names female executive as new COO to lead MLP – Houston Business Journal”, Seekingalpha.com published: “DCP Goes Up As Colorado Setback Proposition Voted Down – Seeking Alpha” on November 07, 2018. More interesting news about Phillips 66 (NYSE:PSX) was released by: Fool.com and their article: “Warren Buffett Just Sold 19 Million Shares of This Oil Giant: Here’s the Big Takeaway – Motley Fool” with publication date: November 16, 2018.

Phillips 66 (NYSE:PSX) Institutional Positions Chart

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