FMR LLC raised its holdings in shares of Phillips 66 by 37.1% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in Phillips 66 during the fourth quarter valued at about $89,476,000.
Ruffer Llp, which manages about $2.07 billion US Long portfolio, upped its stake in Kinross Gold Corp (NYSE:KGC) by 7.37M shares to 21.20M shares, valued at $86.16M in 2017Q2, according to the filing. This repurchase authorization permits the oil and gas company to reacquire shares of its stock through open market purchases. Meeder Asset Management has invested 0.01% in Phillips 66 (NYSE:PSX). It also reduced its holding in Lhc Group Inc (NASDAQ:LHCG) by 34,206 shares in the quarter, leaving it with 91,917 shares, and cut its stake in Oxford Immunotec Global Plc (NASDAQ:OXFD). First Light Asset Management Llc bought 367,711 shares as the company's stock declined 22.58% while stock markets rallied. Vanguard Group Inc. now owns 31,826,155 shares of the oil and gas company's stock valued at $2,631,704,000 after purchasing an additional 130,653 shares during the period.
Phillips 66 (PSX): Consensus Estimates and Trading Data
Hedge funds and other institutional investors have recently modified their holdings of the business. Phillips 66 (PSX) has 0 billion shares outstanding now, 71.46% of which belong to institutional investors. FMR LLC now owns 7,520,743 shares of the oil and gas company's stock worth $621,890,000 after purchasing an additional 2,036,258 shares during the period. Wells Fargo & Company MN now owns 8,422,039 shares of the oil and gas company's stock valued at $696,418,000 after buying an additional 71,098 shares during the period.
Shares of Phillips 66 (PSX) traded up 0.75% during trading on Thursday, reaching $76.68. The stock had a trading volume of 413,321 shares, compared to its average volume of 2,205,543. The company has a market capitalization of $39.57 billion, a price-to-earnings ratio of 23.79 and a beta of 1.33. Phillips 66 has a 1-year low of $73.67 and a 1-year high of $88.87. Also Reuters.com published the news titled: "Phillips 66 reports unplanned flaring at Wilmington, CA, refinery" on November 27, 2017. The other 8 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. US Capital Advisors also issued estimates for Phillips 66's Q3 2018 earnings at $1.89 EPS and FY2018 earnings at $5.80 EPS. The company's quarterly EPS surprised Wall Street by as much as 6% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. The business had revenue of $26.21 billion during the quarter, compared to analysts' expectations of $29.94 billion.
The refining industry was under intense pressure in 2016 due to several headwinds, which weighed on Phillips 66's refining business and pushed profits down from $2.5 billion in 2015 to just $277 million previous year. However, many of those challenges went away this year, which enabled Phillips 66's earnings to rebound, with refining segment profitability hitting $779 million through the third quarter. Investors of record on Tuesday, October 17th were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 2.87%. The ex-dividend date of this dividend was Thursday, November 16th. This is a positive change from Phillips 66's previous quarterly dividend of $0.63. Last quarter Phillips 66 noted that the spread between where it buys oil and sells gasoline jumped 24%, helping push its per-barrel margin from $8.44 in the second quarter up to $10.49 in the third. The stock of Phillips 66 (NYSE:PSX) earned "Hold" rating by RBC Capital Markets on Wednesday, October 18. Barclays set a $95.00 price objective on shares of Phillips 66 and gave the company an equal weight rating in a research report on Tuesday, October 10th. Scotiabank reissued a "hold" rating on shares of Phillips 66 in a research report on Friday, September 8th. Jefferies maintained Phillips 66 (NYSE:PSX) rating on Monday, September 4. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company's stock. There are brokerage firms with lower targets than the average, including one setting a price target of $77.
Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining, and marketing and specialties businesses.
При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна. «» 2007 - 2017 Copyright. Автоматизированное извлечение информации сайта запрещено.
Receive News & Ratings for Phillips 66 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phillips 66 and related companies with MarketBeat.com's FREE daily email newsletter.
Cops had released surveillance video of the suspect earlier this week, and the assailant was identified as Nivens on Wednesday. Authorities said a man walked into West Hoke Elementary School, at 6050 Turnpike Road, shortly after 5:30 p.m.
There was also a leap in arrests for "domestic" terrorism , up from 20 in the year to September 2016 to 73 in the latest period. Domestic terrorism refers to activity where there are no links to either Northern Ireland-related or global terrorism.
It comes after weeks of speculation that Szydlo could be replaced, even though her government is popular with many Poles. Another government official, Jan Dzedziczak, said Szydlo will be deputy prime minister.
It is positive, as 42 investors sold MCO shares while 163 reduced holdings. 52 funds opened positions while 80 raised stakes. LYB traded at an unexpectedly low level on 06/12/2017 when the stock experienced a 0.11% gain to a closing price of $104.69.
It was an intriguing topic, but an unrealistic one given 2014 was only the playoff system's first year in effect. He says football is so ingrained in USA culture that fans with no rooting interest still will watch.
In the squad, this season more than ever, I can not see a weakness in anyone's motivation and quality in training. I can not consider too much the interest of the national team, even if I support France.
Moreover, Monetary Management Group Inc has 0.2% invested in NextEra Energy Partners, LP (NYSE:NEP) for 13,050 shares. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $173.
Bengals receiver John Ross's season came to an end on Wednesday when it was revealed he needs surgery on his left shoulder. He reinjured his knee shortly after his Week 2 debut and has played in only two games since.
This is the second time the court has postponed the hearing after an initial sitting on Friday was delayed for the same reasons. Former Minister Of Finance Ignatius Chombo is still in jail despite winning bail appeal.
Ross and members of the Dora Milaje, Wakandan special forces, to prevent Wakanda from being dragged into a world war. Marvel has released a new United Kingdom poster for the next entry in the Marvel Cinematic Universe: Black Panther .
Is Nomura Positive On Shares of Caesars (NASDAQ:CZR)?
Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. C M Bidwell Assocs Limited has 0.07% invested in Caesars Entertainment Corporation (NASDAQ: CZR ) for 27,420 shares.
Cognex Stock to Split on Monday, December 4th (NASDAQ:CGNX)
Currently, 406.6 million total shares are owned by the public and among those 77.52 million shares have been available to trade. Following the completion of the transaction, the director now directly owns 5,000 shares in the company, valued at $556,550.
What Are Analysts Report About Abraxas Petroleum Corp. (AXAS)
It has outperformed by 23.15% the S&P500.The move comes after 8 months negative chart setup for the $347.71 million company. The company reported the earnings of $0.04/Share in the last quarter where the estimated EPS by analysts was $0.04/share.
2 Brand New Game Worlds That No One Has Ever Seen Before
It's between Zelda: Breath of the Wild, Super Mario Odyssey , PlayerUnknown's Battlegrounds , Persona 5 and Horizon Zero Dawn . Update: The first reveal of The Game Awards is out of the bag, and it's Early Access Steam survival game Fade to Silence.
Outlast 1 and 2 Coming to Nintendo Switch Early 2018
We may not know if the game will launch on Nintendo Switch as a standalone title or as a collection with the addition of DLC. While no other information or hints were given, the studio said that "if all goes well, we'll soon be able to reveal more".