Cypress Capital Management Wy Has Upped Its Vector Group LTD (VGR) Holding by $363,300; Phillips 66 (PSX) Position Has Raised by Bank Of Stockton

February 13, 2018 - By Linda Rogers

Cypress Capital Management Llc Wy increased its stake in Vector Group Ltd (VGR) by 17.26% based on its latest 2017Q3 regulatory filing with the SEC. Cypress Capital Management Llc Wy bought 18,165 shares as the company’s stock declined 7.30% while stock markets rallied. The institutional investor held 123,429 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $2.53 million, up from 105,264 at the end of the previous reported quarter. Cypress Capital Management Llc Wy who had been investing in Vector Group Ltd for a number of months, seems to be bullish on the $2.77B market cap company. The stock increased 2.81% or $0.56 during the last trading session, reaching $20.46. About 921,089 shares traded or 36.94% up from the average. Vector Group Ltd. (NYSE:VGR) has risen 4.55% since February 13, 2017 and is uptrending. It has underperformed by 12.15% the S&P500.

Bank Of Stockton increased its stake in Phillips 66 (PSX) by 127.26% based on its latest 2017Q3 regulatory filing with the SEC. Bank Of Stockton bought 3,935 shares as the company’s stock declined 0.52% while stock markets rallied. The institutional investor held 7,027 shares of the integrated oil company at the end of 2017Q3, valued at $643,000, up from 3,092 at the end of the previous reported quarter. Bank Of Stockton who had been investing in Phillips 66 for a number of months, seems to be bullish on the $46.98 billion market cap company. The stock increased 1.07% or $0.99 during the last trading session, reaching $93.59. About 1.81M shares traded. Phillips 66 (NYSE:PSX) has risen 0.77% since February 13, 2017 and is uptrending. It has underperformed by 15.93% the S&P500.

Among 18 analysts covering Phillips 66 (NYSE:PSX), 8 have Buy rating, 2 Sell and 8 Hold. Therefore 44% are positive. Phillips 66 had 70 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Monday, June 5 report. The stock of Phillips 66 (NYSE:PSX) has “Sector Perform” rating given on Monday, July 11 by Howard Weil. The rating was downgraded by Barclays Capital to “Underweight” on Tuesday, November 14. Credit Suisse upgraded the stock to “Outperform” rating in Tuesday, October 27 report. The stock of Phillips 66 (NYSE:PSX) earned “Buy” rating by Cowen & Co on Friday, July 7. The firm has “Buy” rating by Goldman Sachs given on Tuesday, October 3. JP Morgan maintained Phillips 66 (NYSE:PSX) on Monday, November 2 with “Neutral” rating. The stock of Phillips 66 (NYSE:PSX) earned “Buy” rating by Cowen & Co on Friday, February 2. On Thursday, June 1 the stock rating was maintained by Jefferies with “Hold”. Barclays Capital maintained Phillips 66 (NYSE:PSX) rating on Tuesday, October 10. Barclays Capital has “Equal-Weight” rating and $95 target.

Bank Of Stockton, which manages about $219.34M US Long portfolio, decreased its stake in Nike Inc. (NYSE:NKE) by 6,100 shares to 9,260 shares, valued at $480,000 in 2017Q3, according to the filing. It also reduced its holding in Ishares: Cohen & Steers Reit (ICF) by 4,846 shares in the quarter, leaving it with 46,213 shares, and cut its stake in Guggenheim S&P 500 Pure Value (RPV).

Investors sentiment increased to 0.92 in 2017 Q3. Its up 0.07, from 0.85 in 2017Q2. It is positive, as 40 investors sold PSX shares while 369 reduced holdings. 94 funds opened positions while 282 raised stakes. 353.24 million shares or 0.95% more from 349.91 million shares in 2017Q2 were reported. Profund Limited Liability reported 22,593 shares. Invesco Limited invested in 1.58 million shares or 0.05% of the stock. 1832 Asset Mngmt Ltd Partnership reported 0% stake. Cognios Capital Ltd Llc reported 2,733 shares or 0.1% of all its holdings. Advisor Partners Ltd Liability has 0.25% invested in Phillips 66 (NYSE:PSX). Patten & Patten Tn holds 0.13% or 13,769 shares in its portfolio. Rampart Investment Mgmt Lc reported 0.17% in Phillips 66 (NYSE:PSX). Quantitative Management Limited Liability Corp invested in 0.27% or 254,200 shares. Ftb Advsrs accumulated 1,471 shares. Webster Bancshares N A reported 0.01% stake. Mariner Wealth Advisors Ltd Co holds 0.06% in Phillips 66 (NYSE:PSX) or 13,795 shares. Louisiana State Employees Retirement System has invested 0.12% in Phillips 66 (NYSE:PSX). Ferguson Wellman Cap Mngmt holds 0.15% or 43,857 shares in its portfolio. Franklin Resource Incorporated invested 0.01% in Phillips 66 (NYSE:PSX). Cullinan holds 0.53% in Phillips 66 (NYSE:PSX) or 75,630 shares.

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

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>