Gabelli Funds LLC Decreases Holdings in Phillips 66 (PSX)

Wednesday, 07 Feb, 2018

Adelphi Capital Llp sold 312,437 shares as the company's stock declined 17.26% while stock markets rallied. Winch Advisory Services LLC now owns 1,314 shares of the oil and gas company's stock valued at $104,000 after buying an additional 1,292 shares during the last quarter. Aristotle Capital Management Llc who had been investing in Phillips 66 for a number of months, seems to be less bullish one the $48.42B market cap company. The stock increased 1.77% or $1.68 during the last trading session, reaching $96.89. About 4.25 million shares traded or 130.73% up from the average. Phillips 66 (NYSE:PSX) has risen 0.77% since February 7, 2017 and is uptrending. It has underperformed by 23.48% the S&P500.

Financial Engines Advisors Llc decreased its stake in Viasat Inc (VSAT) by 22.05% based on its latest 2017Q3 regulatory filing with the SEC. Bkd Wealth Advisors Llc bought 4,585 shares as the company's stock declined 11.04% while stock markets rallied. The oil and gas company reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.86 by $0.21. Provident Trust Co who had been investing in Fastenal Inc Com for a number of months, seems to be less bullish one the $14.97 billion market cap company. The stock decreased 0.53% or $0.23 during the last trading session, reaching $43.49. About 2.54M shares traded or 37.80% up from the average. It has underperformed by 14.21% the S&P500.

Since October 24, 2017, it had 0 buys, and 3 sales for $8.09 million activity. 35,000 shares were sold by BALDRIDGE RICHARD A, worth $2.10M. The total amount of shares outstanding is 526.85 million, giving the company a market capitalization of about 51.11 billion.

Among 17 analysts covering Fastenal (NASDAQ:FAST), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 46% are positive. The firm has "Market Perform" rating by Avondale given on Monday, March 21. The stock now has an average rating of "Hold" and a consensus target price of $101.64. The company was maintained on Tuesday, June 6 by BMO Capital Markets. The rating was maintained by Guggenheim with "Buy" on Tuesday, January 2. Susquehanna maintained the stock with "Neutral" rating in Thursday, August 27 report. Barclays reiterated a sell rating and issued a $111.00 price objective on shares of Phillips 66 in a report on Wednesday, January 10th. On Thursday, October 12 the stock rating was maintained by Robert W. Baird with "Buy".

Among 20 analysts covering The Southern Company (NYSE:SO), 5 have Buy rating, 6 Sell and 9 Hold. The firm has "Equal-Weight" rating by Morgan Stanley given on Thursday, January 11. (NASDAQ:VSAT) earned "Buy" rating by Needham on Friday, November 10. It is down 0.00% since February 6, 2017 and is. Its up 0.01, from 1.29 in 2017Q2. It has no change, as 52 investors sold CL shares while 437 reduced holdings. only 92 funds opened positions while 350 raised stakes. Wesbanco Financial Bank reported 75,598 shares. (NYSE:SLB), 30 have Buy rating, 1 Sell and 6 Hold. Bahl And Gaynor Inc stated it has 39,477 shares or 0.04% of all its holdings. Broderick Brian C, Massachusetts-based fund reported 3,204 shares. Pineno Levin & Ford Asset Mgmt Incorporated holds 0.29% or 6,858 shares in its portfolio. Nelson Van Denburg & Campbell Wealth Mngmt Grp Inc Llc owns 202 shares or 0.01% of their United States portfolio. KN's SI was 11.72M shares in February as released by FINRA. Oakworth Cap invested in 883 shares. Investment Of Virginia Llc stated it has 1.69% of its portfolio in Fastenal Company (NASDAQ:FAST). Lincoln Natl Corporation accumulated 0.06% or 14,431 shares. Centers Of America has invested 0.74% in Fastenal Company (NASDAQ:FAST). Ajo Limited Partnership reported 1.09M shares or 0.43% of all its holdings. Bb&T holds 0.15% in The Southern Company (NYSE:SO) or 152,773 shares. 22,820 are owned by Benjamin F Edwards &. Nationwide Fund Advisors now owns 338,816 shares of the oil and gas company's stock worth $31,039,000 after purchasing an additional 24,318 shares during the last quarter.

Stanley-Laman Group Ltd, which manages about $747.00M and $374.64 million US Long portfolio, decreased its stake in Pfizer Incorporated (NYSE:PFE) by 15,108 shares to 99,176 shares, valued at $3.54 million in 2017Q3, according to the filing. It also reduced its holding in Crescent Pt Energy Corp (NYSE:CPG) by 45,800 shares in the quarter, leaving it with 317,911 shares, and cut its stake in Harley Davidson Inc (NYSE:HOG).

Investors sentiment increased to 0.92 in Q3 2017. Its down 0.16, from 1.16 in 2017Q2. It improved, as 40 investors sold Phillips 66 shares while 369 reduced holdings. Finally, Nationwide Fund Advisors increased its stake in shares of Phillips 66 by 7.7% during the third quarter. 353.24 million shares or 0.95% more from 349.91 million shares in 2017Q2 were reported. Phillips 66 (NYSE:PSX) has risen 0.77% since February 6, 2017 and is uptrending. Mcdaniel Terry & holds 0.05% of its portfolio in Phillips 66 (NYSE:PSX) for 2,843 shares.

Phillips 66 (NYSE:PSX) opened at $95.21 on Tuesday. Waldron LP holds 0.07% or 2,752 shares in its portfolio. 136,391 were accumulated by Dekabank Deutsche Girozentrale. Alta Capital Mngmt Ltd Liability Corp has invested 3.75% in Phillips 66 (NYSE:PSX). Panagora Asset stated it has 0.01% in Phillips 66 (NYSE:PSX). Td Cap Ltd Liability invested in 156 shares or 0% of the stock. 13,965 were reported by Advisor Ptnrs Ltd Limited Liability Company. 617.24 million shares or 0.04% less from 617.46 million shares in 2017Q2 were reported. Following the sale, the vice president now owns 2,700 shares of the company's stock, valued at approximately $270,675. Therefore 44% are positive. BidaskClub lowered Phillips 66 from a "hold" rating to a "sell" rating in a report on Friday, August 18th. (NASDAQ:VSAT) earned "Hold" rating by Jefferies on Friday, September 8. Jefferies has "Hold" rating and $17000 target. The stock of Phillips 66 (NYSE:PSX) earned "Equal-Weight" rating by on Monday, October 10.

Phillips 66 announced that its board has approved a share buyback plan on Monday, October 9th that permits the company to buyback $3.00 billion in shares. RBC Capital Markets maintained the stock with "Hold" rating in Friday, April 21 report.