Published: Thu, December 28, 2017
Research | By Jody Lindsey

Does Phillips 66 (PSX) Have More Gas After Reaching 52-Week High?

Does Phillips 66 (PSX) Have More Gas After Reaching 52-Week High?

Marathon Capital Management sold 3,737 shares as the company's stock declined 0.52% while stock markets rallied. The institutional investor held 1.50M shares of the integrated oil company at the end of 2017Q3, valued at $137.19M, down from 1.86M at the end of the previous reported quarter. Cae Inc Com now has $4.99 billion valuation. The stock decreased 0.01% or $0.02 during the last trading session, reaching $126.62. About 48,666 shares traded. StarTek, Inc. (NYSE:SRT) has risen 150.65% since December 27, 2016 and is uptrending. It has outperformed by 10.05% the S&P500. Phillips 66 has a 52-week low of $75.14 and a 52-week high of $101.81. Moors & Cabot invested in 10,478 shares. The Guardian Life Insurance Company Of America holds 976 shares with $89,000 value, down from 7,889 last quarter. The corporation has a market cap of US$6.93 Billion. The stock increased 0.62% or $0.63 during the last trading session, reaching $102.27. Strategic Financial Svcs invested 0.46% of its portfolio in Phillips 66 (NYSE:PSX). It has underperformed by 15.93% the S&P500. Phillips 66 (NYSE:PSX) has risen 0.77% since December 26, 2016 and is uptrending. They expect $1.27 EPS, up 693.75% or $1.11 from last year's $0.16 per share. Penobscot Invest Mgmt Comm has invested 1% in Phillips 66 (NYSE:PSX). Therefore 44% are positive. Motco increased its holdings in shares of Phillips 66 by 4.0% during the second quarter. On Tuesday, October 10 the stock rating was maintained by Barclays Capital with "Equal-Weight".

In related news, VP Chukwuemeka A. Oyolu sold 2,700 shares of the firm's stock in a transaction dated Friday, December 15th. Dynamic Advsrs Solutions holds 4,343 shares. The firm earned "Buy" rating on Tuesday, October 3 by Goldman Sachs. As per Monday, July 11, the company rating was downgraded by Howard Weil.

Analysts await Phillips 66 (NYSE:PSX) to report earnings on February, 2. Piper Jaffray Companies reaffirmed a "buy" rating and set a $98.00 price target on shares of Phillips 66 in a research note on Tuesday, September 26th. RBC Capital Markets maintained Phillips 66 (NYSE:PSX) on Monday, June 5 with "Hold" rating.

Investors of record on Tuesday, October 17th were given a dividend of $0.70 per share. Its down 0.88, from 2.29 in 2017Q2. It is positive, as 40 investors sold Phillips 66 shares while 369 reduced holdings. 302.34 million shares or 48.35% less from 585.36 million shares in 2017Q2 were reported. Cubist Systematic Strategies Ltd Llc holds 7,898 shares. Parametric Associates Ltd reported 0.15% stake. Morgan Stanley holds 0% or 63,398 shares. Ajo Ltd Partnership, a Pennsylvania-based fund reported 1.09M shares. Alta Capital Management Ltd Liability Com stated it has 3.75% of its portfolio in Phillips 66 (NYSE:PSX). Engines Advsr Limited Liability owns 0% invested in Phillips 66 (NYSE:PSX) for 835 shares. Ngam Advsr LP owns 65,501 shares. Stifel Fincl owns 161,534 shares for 0.02% of their portfolio. Suntrust Banks Inc reported 86,159 shares stake. Finally, Mountain Capital Investment Advisors Inc bought a new position in shares of Phillips 66 during the 2nd quarter valued at approximately $127,000.

Since September 19, 2017, it had 0 insider buys, and 2 selling transactions for $373,204 activity.

BTIG Research Begins Coverage on Take-Two Interactive Software (NASDAQ:TTWO)
Analysts forecast that Take Two Interactive Software Inc will post $1.98 EPS for the current fiscal year. (NASDAQ:TTWO). On Thursday, August 10 the insider Sheresky Michael sold $41,831. $2.63M worth of Take-Two Interactive Software, Inc.

Analysts await Phillips 66 (NYSE:PSX) to report earnings on February, 2. Federated National Hldg Co (NASDAQ:FNHC) was raised too.

More notable recent Phillips 66 (NYSE:PSX) news were published by: which released: "Phillips 66 Partners: 5.3% Yield, Distributions Up 3x In 4 Years Since IPO ..." on December 13, 2017, also with their article: "5 things to know in Texas energy this week" published on December 11, 2017, published: "Phillips 66 president to retire this year" on December 12, 2017. They expect $-0.01 earnings per share, down 114.29% or $0.08 from last year's $0.07 per share. CAE's profit will be $59.72 million for 20.88 P/E if the $0.22 EPS becomes a reality.

Investors sentiment increased to 1.29 in 2017 Q3. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.86 and a current ratio of 1.31. Homan Matthew J. sold $2.93 million worth of stock or 23,991 shares. 46 funds opened positions while 89 raised stakes. It also upped Martin Marietta Matls Inc (NYSE:MLM) stake by 37,815 shares and now owns 1.62 million shares.

Renaissance Technologies Llc increased Rti Surgical Inc (NASDAQ:RTIX) stake by 166,400 shares to 1.22 million valued at $5.57 million in 2017Q3. Bokf Na accumulated 43,124 shares. 558,100 were accumulated by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt Corporation. Moreover, Geode Ltd Liability Corp has 0% invested in StarTek, Inc. San Francisco Sentry Investment Grp (Ca) reported 21,759 shares or 0.67% of all its holdings. Sumitomo Mitsui Tru has 170,464 shares for 0.03% of their portfolio. Deutsche Natl Bank Ag has invested 0% of its portfolio in StarTek, Inc. (NYSE:CAE). Us Commercial Bank De reported 12,164 shares. Three Peaks Capital Management Llc sold 7,404 shares as the company's stock rose 9.29% with the market. Cypress Mgmt (Wy) stated it has 0.01% in StarTek, Inc. Rafferty Asset Limited Company holds 32,976 shares. Amp Capital Invsts Ltd holds 155,585 shares or 0.02% of its portfolio.

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