Economy

Jefferies Group Weighs in on Phillips 66's Q2 2017 Earnings (PSX)

LS Investment Advisors LLC now owns 19,609 shares of the oil and gas company's stock valued at $1,553,000 after buying an additional 970 shares during the last quarter. Hedge funds and other institutional investors own 69.98% of the company's stock. The Average Volume of the company is 2.25 Million and P/E (price to earnings) ratio is 25.57, while Forward P/E ratio is 13.34. 1,435,779 shares of the stock traded hands. About 673,437 shares traded. Weyerhaeuser Co (NYSE:WY) has risen 8.94% since July 14, 2016 and is uptrending.

State of Wisconsin Investment Board boosted its position in Phillips 66 (NYSE:PSX) by 15.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission.

Analysts expect AmeriGas Partners, L.P. (NYSE:APU) to report $-0.22 EPS on August, 7.They anticipate $0.14 EPS change or 38.89% from last quarter's $-0.36 EPS. Private Advisor Group LLC raised its stake in shares of Phillips 66 by 13.2% in the fourth quarter. The stock has been active on the tape, now trading at $81.72, down from yesterday's close by -0.63%.

Stocks of Phillips 66 (NYSE PSX) started trading at 82.36 on early Wednesday. the firms 50 day SMA price is $78.80 and the 200 day SMA is $80.27. It has underperformed by 15.93% the S&P500. US Capital Advisors reissued a "buy" rating on shares of Phillips 66 in a report on Monday, May 22nd. Riverhead Cap Mgmt Llc has 0.04% invested in Phillips 66 (NYSE:PSX).

Investors sentiment decreased to 0.93 in Q4 2016. Its up 0.35, from 1.15 in 2016Q3. The expected PSX's profit could reach $577.27 million giving the stock 18.46 P/E in the case that $1.12 earnings per share is reported. 226.65 million shares or 1.48% more from 223.34 million shares in 2016Q3 were reported.

Phillips 66 (NYSE:PSX) was down -0.63% at $81.72 on Thursday, in a 52-week range of $73.82 to $88.87 and with a consensus analyst target price of $88.31. Cibc Mkts Corporation reported 30,425 shares. Jefferies maintained Phillips 66 (NYSE:PSX) rating on Thursday, June 1. Baldwin Brothers Inc Ma owns 288 shares for 0% of their portfolio. Greenleaf reported 6,603 shares. Phillips 66 earned a media sentiment score of 0.30 on Accern's scale. Company's Return on Investment (ROI) shows a figure of 2.60%. Paradigm Financial has 2,340 shares for 0.11% of their portfolio. 373,626 are held by Chevy Chase Holding. New York-based Ingalls Snyder Limited Company has invested 0.26% in Phillips 66 (NYSE:PSX). Strs Ohio holds 0.1% of its portfolio in Phillips 66 (NYSE:PSX) for 269,916 shares. It also reduced its holding in Welltower Inc by 7,000 shares in the quarter, leaving it with 47,500 shares, and cut its stake in Magellan Midstream Partners Lp (NYSE:MMP).

Phillips 66 (NYSE:PSX) last announced its quarterly earnings data on Friday, April 28th. Therefore 22% are positive. Equities analysts forecast that Phillips 66 will post $4.15 earnings per share for the current year. Now Phillips 66's current price is $22.28 shy of the official highest sell-side analyst price target on Wall Street. The company now has an average rating of "Hold" and a consensus target price of $84.48. As per Monday, March 28, the company rating was initiated by Cowen & Co. The rating was downgraded by Credit Suisse to "Neutral" on Monday, November 2. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. Birchcliff Energy Ltd. had 30 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Buy" rating by Zacks given on Thursday, August 27. (NYSE:DG) on Friday, August 26 with "Hold" rating. Piper Jaffray Companies reaffirmed an "overweight" rating and set a $88.00 target price on shares of Phillips 66 in a report on Thursday, May 25th. The rating was maintained by with "Equal-Weight" on Monday, October 10. The stock of National Commerce Corp (NASDAQ:NCOM) has "Mkt Perform" rating given on Friday, December 16 by Raymond James. Howard Weil downgraded the stock to "Sector Perform" rating in Monday, July 11 report. The insider Merle Denise M sold 1,723 shares worth $57,433. Shares for $393,500 were sold by DUNKERLEY MARK B. Its down 0.06, from 0.99 in 2016Q3. Sold All: 59 Reduced: 382 Increased: 316 New Position: 93. 56 funds opened positions while 101 raised stakes. Clearbridge Invs Ltd Liability owns 1.26 million shares. Colonial Tru Advsr accumulated 5,182 shares or 0.14% of the stock. Shareholders of record on Friday, August 18th will be given a dividend of $0.70 per share. Cullen Frost Bankers invested in 0.75% or 725,332 shares. Ironwood Finance Ltd has 55 shares for 0% of their portfolio. Motco reported 180 shares. State Of Wisconsin Invest Board stated it has 414,938 shares. Bp Public Lc reported 33,000 shares stake. Bnp Paribas Inv Prtnrs owns 37,118 shares. Seaward Limited Partnership owns 42,321 shares. Prentiss Smith invested 0.01% of its portfolio in Weyerhaeuser Co (NYSE:WY).



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