Analysts See $0.77 EPS for Phillips 66 Partners LP (PSXP)

Lloyd Doyle
April 17, 2018

Royal Bank of Canada reiterated a "hold" rating and issued a $106.00 price target on shares of Phillips 66 in a research report on Tuesday, January 30th. Alta Capital Management Llc who had been investing in Phillips 66 for a number of months, seems to be less bullish one the $49.96B market cap company.

The stock increased 3.25% or $3.37 during the last trading session, reaching $107.11. About 415,630 shares traded.

Phillips 66 Partners LP (Phillips 66) owns, operates, develops and acquires fee-based crude oil, refined petroleum product and natural gas liquids (NGL) pipelines, terminals and other transportation and midstream assets. It has underperformed by 17.57% the S&P500.

Allen Investment Management Llc increased its stake in Mondelez Intl Inc (MDLZ) by 476.2% based on its latest 2017Q4 regulatory filing with the SEC. The 20-day may be of analytical benefit to a shorter-term trader since it follows the price more closely, and therefore produces less "lag" than the longer-term moving average. After $1.34 actual EPS reported by Chipotle Mexican Grill, Inc. for the previous quarter, Wall Street now forecasts 14.93% EPS growth. Mondelez International, Inc. (NASDAQ:MDLZ) has declined 6.02% since April 16, 2017 and is downtrending. It has outperformed by 55.16% the S&P500.


Phillips 66 had 1 sale and 0 insider purchases since December 15, 2017. Shares for $3.51 million were sold by DILLON MICHAEL A on Monday, February 5. (NASDAQ:MDLZ) on Wednesday, November 1 with "Overweight" rating. The insider BUNCH CHARLES E bought 2,000 shares worth $87,800. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. PSXP's profit would be $93.61M giving it 16.67 P/E if the $0.77 EPS is correct.

Investors sentiment decreased to 0.89 in 2017 Q4. Its up 0.16, from 0.84 in 2017Q3. The ratio increased due to Phillips 66 positioning: 34 sold and 372 reduced. Funds hold 351.44 million shares thus 0.51% less from 2017Q3's 353.24 million shares. Voya Invest Mgmt Ltd Liability Corporation stated it has 0.04% of its portfolio in Phillips 66 (NYSE:PSX). Wealthtrust Axiom Llc, a Pennsylvania-based fund reported 35,000 shares.#img1#. Wedgewood Invsts Inc Pa has 4,689 shares for 0.39% of their portfolio. Stratos Wealth Limited stated it has 20,084 shs. Profund Advsr Ltd Limited Liability Company reported 0.28% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). (NYSE:CMG) to report earnings on April, 24. During the same quarter last year, the firm posted $0.16 earnings per share. equities research analysts expect that Phillips 66 will post 6.85 EPS for the current year. Glenmede Trust Na accumulated 65,441 shares. Credit Suisse Group AG raised their price target on shares of Phillips 66 from $85.00 to $90.00 and gave the company a "neutral" rating in a research note on Thursday, January 26th. Dixon Hubard Feinour & Brown Va invested in 71,419 shares or 1.96% of the stock. Through this figure traders can analyze that PSX show whether or not a stock now most active and standing in buying side or sell side. Since October 18, 2017 according to StockzIntelligence Inc Phillips 66 has 24 analyst reports. The company was maintained on Wednesday, August 23 by Jefferies. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Buy" rating by Canaccord Genuity on Thursday, October 19. The stock has a consensus rating of "Buy" and a consensus price target of $57.38. The company was maintained on Tuesday, March 13 by Citigroup. The company operates in the Energy sector with a market capitalization of 54.28 Million. The firm has "Buy" rating given on Tuesday, October 17 by Cowen & Co. The firm earned "Buy" rating on Monday, December 18 by Goldman Sachs.

Nbw Capital Llc, which manages about $677.00 million and $379.89 million US Long portfolio, upped its stake in Cryolife Inc. A ratio over 1 indicates that the market is willing to pay more for the shares. It also increased its holding in Patrick Industries Inc. Its down 0.28% from 859,500 shares previously. It's down -0.01, from 0.69 in 2017Q3. Samson Mngmt Lc invested in 105,950 shares. 107 funds opened positions while 338 raised stakes. 32,805 were accumulated by Northern. Lawson Kroeker Investment Mgmt Inc Ne holds 0.11% or 3,489 shs in its capital. Us Fincl Bank De holds 358,360 shares. Salient Advisors Ltd Llc invested in 2.29% or 1.98M shares. Winfield Associates has invested 0.09% of its portfolio in Phillips 66 (NYSE:PSX). (NASDAQ:MDLZ). Madison Inv holds 7,840 shares. Barclays reiterated a "sell" rating and set a $111.00 price target on shares of Phillips 66 in a report on Wednesday, January 10th. Wells Fargo Mn invested 0% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP). Charter Com reported 9,595 shs.

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