Cape Cod Five Cents Savings Bank Has $362,000 Stock Holdings in Phillips 66 (NYSE:PSX)

Cape Cod Five Cents Savings Bank trimmed its stake in Phillips 66 (NYSE:PSXGet Rating) by 5.8% in the fourth quarter, HoldingsChannel reports. The firm owned 4,992 shares of the oil and gas company’s stock after selling 307 shares during the period. Cape Cod Five Cents Savings Bank’s holdings in Phillips 66 were worth $362,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Brinker Capital Investments LLC grew its holdings in Phillips 66 by 30.1% in the fourth quarter. Brinker Capital Investments LLC now owns 36,613 shares of the oil and gas company’s stock worth $2,653,000 after purchasing an additional 8,473 shares during the period. Regentatlantic Capital LLC grew its holdings in shares of Phillips 66 by 0.6% during the fourth quarter. Regentatlantic Capital LLC now owns 37,479 shares of the oil and gas company’s stock valued at $2,716,000 after buying an additional 230 shares during the last quarter. Bank of Nova Scotia grew its holdings in shares of Phillips 66 by 36.4% during the third quarter. Bank of Nova Scotia now owns 94,063 shares of the oil and gas company’s stock valued at $6,587,000 after buying an additional 25,119 shares during the last quarter. Mountain Capital Investment Advisors Inc grew its holdings in shares of Phillips 66 by 128.7% during the fourth quarter. Mountain Capital Investment Advisors Inc now owns 14,213 shares of the oil and gas company’s stock valued at $1,224,000 after buying an additional 7,997 shares during the last quarter. Finally, Marco Investment Management LLC grew its holdings in shares of Phillips 66 by 11.8% during the third quarter. Marco Investment Management LLC now owns 39,584 shares of the oil and gas company’s stock valued at $2,772,000 after buying an additional 4,167 shares during the last quarter. Institutional investors and hedge funds own 64.28% of the company’s stock.

A number of research analysts have recently issued reports on the stock. Citigroup assumed coverage on shares of Phillips 66 in a report on Tuesday, April 26th. They set a “neutral” rating and a $89.00 price objective for the company. Wells Fargo & Company lifted their price objective on shares of Phillips 66 from $103.00 to $114.00 in a report on Monday, May 2nd. Bank of America raised their price target on shares of Phillips 66 from $97.00 to $104.00 and gave the company a “buy” rating in a research report on Monday, January 31st. TheStreet raised shares of Phillips 66 from a “c+” rating to a “b” rating in a research report on Wednesday, February 23rd. Finally, Morgan Stanley raised their price target on shares of Phillips 66 from $95.00 to $100.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 12th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $96.73.

PSX stock traded up $0.07 during mid-day trading on Thursday, hitting $91.27. The company had a trading volume of 210,491 shares, compared to its average volume of 4,442,477. The firm has a market cap of $43.91 billion, a PE ratio of 15.89, a price-to-earnings-growth ratio of 0.95 and a beta of 1.40. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.88 and a current ratio of 1.13. Phillips 66 has a 12 month low of $63.19 and a 12 month high of $96.76. The stock’s fifty day moving average price is $84.40 and its two-hundred day moving average price is $81.12.

Phillips 66 (NYSE:PSXGet Rating) last announced its quarterly earnings data on Friday, April 29th. The oil and gas company reported $1.32 EPS for the quarter, missing the consensus estimate of $1.84 by ($0.52). Phillips 66 had a return on equity of 17.07% and a net margin of 1.97%. During the same quarter in the prior year, the business posted ($1.16) earnings per share. Equities analysts anticipate that Phillips 66 will post 9.2 earnings per share for the current year.

Phillips 66 Profile (Get Rating)

Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.

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Institutional Ownership by Quarter for Phillips 66 (NYSE:PSX)

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