Phillips 66 (PSX) Stake Has Upped by D-E Shaw & Company Inc; Baxter Bros Continues to Hold Position in Edwards Life (EW)

May 20, 2018 - By Henry Gaston

Phillips 66 (NYSE:PSX) Logo

Baxter Bros Inc increased its stake in Edwards Life (EW) by 31.31% based on its latest 2017Q4 regulatory filing with the SEC. Baxter Bros Inc bought 9,280 shares as the company’s stock rose 22.78% while stock markets declined. The institutional investor held 38,919 shares of the industrial specialties company at the end of 2017Q4, valued at $4.39 million, up from 29,639 at the end of the previous reported quarter. Baxter Bros Inc who had been investing in Edwards Life for a number of months, seems to be bullish on the $28.66 billion market cap company. The stock increased 0.09% or $0.12 during the last trading session, reaching $135.95. About 1.24 million shares traded. Edwards Lifesciences Corporation (NYSE:EW) has risen 44.06% since May 20, 2017 and is uptrending. It has outperformed by 32.51% the S&P500.

David Shaw increased its stake in Phillips 66 (PSX) by 8256.7% based on its latest 2017Q4 regulatory filing with the SEC. D-E Shaw & Company Inc bought 1.65M shares as the company’s stock declined 5.13% with the market. The hedge fund run by David Shaw held 1.67M shares of the integrated oil company at the end of 2017Q4, valued at $169.06M, up from 20,000 at the end of the previous reported quarter. D-E Shaw & Company Inc who had been investing in Phillips 66 for a number of months, seems to be bullish on the $56.05B market cap company. The stock decreased 0.61% or $0.74 during the last trading session, reaching $120.33. About 3.43 million shares traded or 45.87% up from the average. Phillips 66 (NYSE:PSX) has risen 23.90% since May 20, 2017 and is uptrending. It has outperformed by 12.35% the S&P500.

Since December 15, 2017, it had 0 buys, and 1 insider sale for $270,675 activity.

Among 20 analysts covering Phillips 66 (NYSE:PSX), 9 have Buy rating, 2 Sell and 9 Hold. Therefore 45% are positive. Phillips 66 had 81 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, August 2. The firm earned “Outperform” rating on Tuesday, January 26 by Credit Suisse. RBC Capital Markets maintained it with “Hold” rating and $8800 target in Tuesday, August 1 report. The stock has “Outperform” rating by Credit Suisse on Tuesday, October 27. RBC Capital Markets maintained it with “Hold” rating and $93.0 target in Wednesday, October 18 report. The firm has “Market Perform” rating by Wells Fargo given on Friday, July 8. On Tuesday, February 6 the stock rating was maintained by Citigroup with “Neutral”. The firm has “Equal-Weight” rating given on Wednesday, July 13 by Barclays Capital. The firm earned “Equal-Weight” rating on Thursday, January 11 by Morgan Stanley. The firm has “Neutral” rating by Credit Suisse given on Monday, April 11.

D-E Shaw & Company Inc, which manages about $81.36B and $72.62B US Long portfolio, decreased its stake in Artisan Partners Asset Mgmt (NYSE:APAM) by 22,401 shares to 20,141 shares, valued at $796,000 in 2017Q4, according to the filing. It also reduced its holding in Humana Inc (Call) (NYSE:HUM) by 50,100 shares in the quarter, leaving it with 47,600 shares, and cut its stake in Msc Indl Direct Inc (NYSE:MSM).

Investors sentiment increased to 1.01 in Q4 2017. Its up 0.09, from 0.92 in 2017Q3. It improved, as 34 investors sold PSX shares while 372 reduced holdings. 125 funds opened positions while 284 raised stakes. 351.44 million shares or 0.51% less from 353.24 million shares in 2017Q3 were reported. Segall Bryant Hamill Ltd Com holds 35,561 shares. Fruth holds 0.26% or 6,006 shares in its portfolio. Ls Advisors Ltd Co invested in 19,438 shares. 5,856 are owned by Berkshire Asset Mgmt Lc Pa. Old Second Savings Bank Of Aurora accumulated 408 shares or 0.02% of the stock. Guyasuta Advsrs, Pennsylvania-based fund reported 4,804 shares. 4,150 are held by Fukoku Mutual Life Insurance Co. Albion Fincl Group Inc Ut owns 2,571 shares. Cullen Frost Bankers reported 15,859 shares. Vigilant Mngmt Ltd Liability holds 0% or 255 shares in its portfolio. Finemark Commercial Bank & Tru stated it has 8,848 shares. Moreover, Atlas Browninc has 0.09% invested in Phillips 66 (NYSE:PSX). Brown Advisory Securities Limited Company has 16,641 shares. Torray Limited, Maryland-based fund reported 12,676 shares. Weaver C Barksdale And Assoc Inc has invested 1.71% of its portfolio in Phillips 66 (NYSE:PSX).

More notable recent Phillips 66 (NYSE:PSX) news were published by: Finance.Yahoo.com which released: “5 Notable Dividend Increases From the Past Week — Including Phillips 66” on May 15, 2018, also Seekingalpha.com with their article: “Phillips 66 2018 Q1 – Results – Earnings Call Slides” published on April 30, 2018, Seekingalpha.com published: “Gray Oak Pipeline Addresses Permian Weakness: Exit Capacity” on May 01, 2018. More interesting news about Phillips 66 (NYSE:PSX) were released by: Streetinsider.com and their article: “UPDATE: Phillips 66 (PSX) Raises Qtr Dividend 14% to $0.80; 2.7% Yield” published on May 09, 2018 as well as Nasdaq.com‘s news article titled: “Is Phillips 66 a Buy?” with publication date: May 16, 2018.

Baxter Bros Inc, which manages about $372.05M and $364.93 million US Long portfolio, decreased its stake in Intuit Inc (NASDAQ:INTU) by 3,148 shares to 86,262 shares, valued at $13.61M in 2017Q4, according to the filing. It also reduced its holding in Colgate Palmolive (NYSE:CL) by 6,186 shares in the quarter, leaving it with 57,254 shares, and cut its stake in Monsanto Co (NYSE:MON).

More notable recent Edwards Lifesciences Corporation (NYSE:EW) news were published by: Seekingalpha.com which released: “Edwards Lifesciences: Treating The #1 Killer In America” on May 12, 2018, also 247Wallst.com with their article: “Red-Hot Energy and Technology Companies Are Top Picks at Jefferies” published on May 15, 2018, Profitconfidential.com published: “Despite the Sell-Off, Edwards Life Sciences Stock Still Remains Bullish” on April 30, 2018. More interesting news about Edwards Lifesciences Corporation (NYSE:EW) were released by: Investorplace.com and their article: “3 Stocks to Watch on Wednesday: Edwards Lifesciences Corp (EW), Illumina, Inc. (ILMN) and Tesla Inc (TSLA)” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “Edwards Lifesciences’ (EW) CEO Michael Mussallem on Q1 2018 Results – Earnings Call Transcript” with publication date: April 25, 2018.

Among 28 analysts covering Edwards Lifesciences Corp (NYSE:EW), 21 have Buy rating, 1 Sell and 6 Hold. Therefore 75% are positive. Edwards Lifesciences Corp had 112 analyst reports since July 30, 2015 according to SRatingsIntel. On Monday, April 11 the stock rating was maintained by JP Morgan with “Overweight”. Canaccord Genuity maintained the shares of EW in report on Wednesday, February 3 with “Buy” rating. Guggenheim initiated Edwards Lifesciences Corporation (NYSE:EW) on Thursday, June 9 with “Neutral” rating. Barclays Capital maintained the stock with “Equalweight” rating in Wednesday, July 27 report. BTIG Research maintained Edwards Lifesciences Corporation (NYSE:EW) on Wednesday, July 27 with “Buy” rating. The company was initiated on Friday, January 8 by Suntrust Robinson. The stock has “Buy” rating by BMO Capital Markets on Thursday, December 7. RBC Capital Markets maintained Edwards Lifesciences Corporation (NYSE:EW) on Monday, July 10 with “Buy” rating. The stock of Edwards Lifesciences Corporation (NYSE:EW) has “Outperform” rating given on Tuesday, November 8 by Northland Capital. The stock has “Buy” rating by UBS on Tuesday, September 22.

Phillips 66 (NYSE:PSX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





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:


Recent Posts