WoodTrust Financial Corp Sells 246 Shares of Phillips 66 (PSX)

WoodTrust Financial Corp decreased its position in Phillips 66 (NYSE:PSX) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,691 shares of the oil and gas company’s stock after selling 246 shares during the period. WoodTrust Financial Corp’s holdings in Phillips 66 were worth $1,524,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Moody National Bank Trust Division grew its stake in shares of Phillips 66 by 425.4% in the 4th quarter. Moody National Bank Trust Division now owns 352 shares of the oil and gas company’s stock valued at $30,000 after purchasing an additional 285 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of Phillips 66 in the 4th quarter valued at approximately $37,000. Massey Quick Simon & CO. LLC bought a new stake in shares of Phillips 66 in the 4th quarter valued at approximately $41,000. Legacy Financial Advisors Inc. grew its stake in shares of Phillips 66 by 32.4% in the 4th quarter. Legacy Financial Advisors Inc. now owns 597 shares of the oil and gas company’s stock valued at $51,000 after purchasing an additional 146 shares during the period. Finally, We Are One Seven LLC bought a new stake in shares of Phillips 66 in the 4th quarter valued at approximately $54,000. 70.76% of the stock is owned by hedge funds and other institutional investors.

In other Phillips 66 news, Director J Brian Ferguson purchased 21,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 20th. The shares were acquired at an average cost of $92.31 per share, for a total transaction of $1,984,665.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.56% of the stock is owned by corporate insiders.



NYSE PSX traded up $1.55 during trading hours on Monday, reaching $95.07. 1,281,097 shares of the company’s stock were exchanged, compared to its average volume of 2,924,210. The firm has a market cap of $43.12 billion, a PE ratio of 8.12, a price-to-earnings-growth ratio of 1.28 and a beta of 0.94. Phillips 66 has a one year low of $78.44 and a one year high of $123.97. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.28 and a quick ratio of 0.82.

Phillips 66 (NYSE:PSX) last released its quarterly earnings results on Friday, February 8th. The oil and gas company reported $4.87 EPS for the quarter, topping the Zacks’ consensus estimate of $2.76 by $2.11. The business had revenue of $29.84 billion for the quarter, compared to analyst estimates of $35.51 billion. Phillips 66 had a return on equity of 22.18% and a net margin of 4.90%. During the same period in the prior year, the company earned $1.07 EPS. As a group, equities analysts expect that Phillips 66 will post 8.58 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Tuesday, February 19th will be given a dividend of $0.80 per share. The ex-dividend date is Friday, February 15th. This represents a $3.20 dividend on an annualized basis and a yield of 3.37%. Phillips 66’s dividend payout ratio (DPR) is presently 27.33%.

PSX has been the topic of several analyst reports. Morgan Stanley lowered their price objective on Phillips 66 from $140.00 to $120.00 and set a “hold” rating on the stock in a research note on Tuesday, November 20th. Wells Fargo & Co upped their price objective on Phillips 66 from $137.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, October 29th. Jefferies Financial Group upgraded Phillips 66 from an “underperform” rating to a “hold” rating and set a $108.00 price target on the stock in a research report on Tuesday, October 16th. JPMorgan Chase & Co. upgraded Phillips 66 from a “neutral” rating to an “overweight” rating and set a $138.00 price target on the stock in a research report on Tuesday, October 30th. They noted that the move was a valuation call. Finally, ValuEngine lowered Phillips 66 from a “hold” rating to a “sell” rating in a research report on Friday, November 23rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $123.62.

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Phillips 66 Profile

Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks, delivers refined products to market, and provides terminaling and storage services for crude oil and petroleum products; transports, stores, fractionates, and markets natural gas liquids, exports LPG, and provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.

Read More: Leveraged Buyout (LBO)

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Institutional Ownership by Quarter for Phillips 66 (NYSE:PSX)

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