Mariner Investment Group Lifted By $5.23 Million Its Phillips 66 Partners LP (PSXP) Holding; S & T Bancorp (STBA) Had 2 Bullish Analysts

November 15, 2017 - By Louis Casey

Mariner Investment Group Llc increased Phillips 66 Partners Lp (PSXP) stake by 675.95% reported in 2017Q2 SEC filing. Mariner Investment Group Llc acquired 106,800 shares as Phillips 66 Partners Lp (PSXP)’s stock declined 5.80%. The Mariner Investment Group Llc holds 122,600 shares with $6.06 million value, up from 15,800 last quarter. Phillips 66 Partners Lp now has $5.24B valuation. The stock decreased 0.06% or $0.03 on November 14, reaching $46.52. About 1 shares traded. Phillips 66 Partners LP (NYSE:PSXP) has declined 0.26% since November 15, 2016 and is downtrending. It has underperformed by 16.96% the S&P500.

Among 7 analysts covering S&T Bancorp (NASDAQ:STBA), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. S&T Bancorp had 16 analyst reports since July 22, 2015 according to SRatingsIntel. Zacks upgraded S & T Bancorp Inc (NASDAQ:STBA) rating on Saturday, August 22. Zacks has “Hold” rating and $34 target. Piper Jaffray downgraded S & T Bancorp Inc (NASDAQ:STBA) on Wednesday, July 22 to “Neutral” rating. The rating was downgraded by PiperJaffray on Wednesday, November 16 to “Neutral”. On Saturday, August 29 the stock rating was downgraded by Zacks to “Buy”. The rating was downgraded by Keefe Bruyette & Woods to “Market Perform” on Wednesday, October 21. The rating was maintained by Boenning & Scattergood on Friday, July 21 with “Hold”. RBC Capital Markets maintained S & T Bancorp Inc (NASDAQ:STBA) rating on Wednesday, July 22. RBC Capital Markets has “Sector Perform” rating and $32 target. The rating was downgraded by Piper Jaffray on Wednesday, November 16 to “Neutral”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, October 3. Piper Jaffray maintained it with “Hold” rating and $36.5 target in Thursday, October 19 report. See S & T Bancorp Inc (NASDAQ:STBA) latest ratings:

20/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $41.5 Maintain
19/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $36.5 Maintain
03/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $38.0 Maintain
21/07/2017 Broker: Boenning & Scattergood Rating: Hold Maintain
13/07/2017 Broker: Piper Jaffray Rating: Hold New Target: $36.5000 Maintain

S&T Bancorp, Inc. is a bank holding company. The company has market cap of $1.37 billion. The Firm operates through three divisions: Community Banking, Wealth Management and Insurance. It has a 16.88 P/E ratio. The Community Banking segment offers services, which include accepting time and demand deposits, and originating commercial and consumer loans.

It closed at $39.23 lastly. It is down 34.99% since November 15, 2016 and is uptrending. It has outperformed by 18.29% the S&P500.

Investors sentiment increased to 1.32 in Q2 2017. Its up 0.12, from 1.2 in 2017Q1. It improved, as 13 investors sold S & T Bancorp Inc shares while 31 reduced holdings. 15 funds opened positions while 43 raised stakes. 18.77 million shares or 0.23% less from 18.81 million shares in 2017Q1 were reported. First Advsrs Limited Partnership holds 73,844 shares or 0.01% of its portfolio. Wells Fargo Communications Mn holds 0% of its portfolio in S & T Bancorp Inc (NASDAQ:STBA) for 31,297 shares. Nationwide Fund Advsrs stated it has 0% in S & T Bancorp Inc (NASDAQ:STBA). Private Wealth Advisors stated it has 1.03% in S & T Bancorp Inc (NASDAQ:STBA). Burt Wealth Advisors owns 3,323 shares for 0.08% of their portfolio. Philadelphia Company reported 15,954 shares or 0.05% of all its holdings. Deutsche Bancorporation Ag accumulated 57,127 shares or 0% of the stock. California Pub Employees Retirement Systems has invested 0% in S & T Bancorp Inc (NASDAQ:STBA). Illinois-based Ubs Asset Mgmt Americas has invested 0% in S & T Bancorp Inc (NASDAQ:STBA). First Commonwealth Financial Pa holds 5.83% of its portfolio in S & T Bancorp Inc (NASDAQ:STBA) for 147,634 shares. Wharton Business Group Ltd Company holds 18,083 shares. Schwab Charles Inv Mgmt holds 0.01% or 155,714 shares. Credit Suisse Ag owns 40,528 shares for 0% of their portfolio. 6,909 are owned by State Of Alaska Department Of Revenue. Ny State Common Retirement Fund reported 0% of its portfolio in S & T Bancorp Inc (NASDAQ:STBA).

Investors sentiment decreased to 1 in 2017 Q2. Its down 0.51, from 1.51 in 2017Q1. It worsened, as 12 investors sold PSXP shares while 43 reduced holdings. 13 funds opened positions while 42 raised stakes. 42.11 million shares or 3.45% more from 40.71 million shares in 2017Q1 were reported. Commonwealth Of Pennsylvania School Empls Retrmt Sys holds 450,097 shares. Solaris Asset Mgmt reported 0% stake. Mai Cap owns 54,705 shares for 0.17% of their portfolio. Duff And Phelps Invest Mngmt Company reported 288,019 shares or 0.21% of all its holdings. Samson Capital Management Ltd Liability Corporation has invested 5.4% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP). Kayne Anderson Cap Advisors LP holds 2.32 million shares. 285 are owned by Nelson Van Denburg & Campbell Wealth Mgmt Group Ltd Liability Co. Driehaus Capital Ltd Liability stated it has 0.06% in Phillips 66 Partners LP (NYSE:PSXP). Meritage Management accumulated 37,372 shares. Metropolitan Life Co has invested 0.05% in Phillips 66 Partners LP (NYSE:PSXP). Invesco Limited holds 12,511 shares. France-based Natixis Asset Mngmt has invested 0.01% in Phillips 66 Partners LP (NYSE:PSXP). Mariner Inv Ltd Liability Corporation reported 122,600 shares. The New York-based Alliancebernstein Ltd Partnership has invested 0% in Phillips 66 Partners LP (NYSE:PSXP). Williams Jones Assocs Lc has 45,432 shares.

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