Barrow Hanley Mewhinney & Strauss LLC Increased Its Stake in Phillips 66 (PSX) as Shares Rose

Phillips 66 (NYSE:PSX) Corporate LogoDuring 2018 Q4 the big money sentiment decreased to 1.09. That’s change of 0.10, from 2018Q3’s 1.19. 102 investors sold all, 329 reduced holdings as PSX ratio is negative. 364 rose positions while 104 funds amassed positions. Funds hold 312.21 million shares thus 2.23% more from 2018Q3’s 305.42 million shares. West Oak Capital Lc reported 3,394 shs or 0% of all its holdings. Blue Edge Ltd Liability Corp owns 0% invested in Phillips 66 (NYSE:PSX) for 5,140 shs. Dakota Wealth Management reported 0.34% in Phillips 66 (NYSE:PSX). Indexiq Advsr Lc invested in 77,452 shs. Miracle Mile Advsrs Limited Liability Corp holds 32,730 shs or 0.33% of its capital. First Personal Services reported 0.04% of its capital in Phillips 66 (NYSE:PSX). Jacobs And Ca stated it has 0.06% in Phillips 66 (NYSE:PSX). Weatherstone Cap Mngmt, Colorado-based fund reported 13,627 shs. Zacks owns 349,107 shs. Tompkins Corporation has 800 shs. Tdam Usa Inc holds 6,849 shs or 0.04% of its capital. Profund Limited Liability Company invested 0.08% in Phillips 66 (NYSE:PSX). Carroll Fincl Associates has 0.16% invested in Phillips 66 (NYSE:PSX) for 16,051 shs. Johnson Group invested in 26,973 shs or 0.24% of the stock. Weatherly Asset Management Lp has 8,214 shs for 0.17% of their capital.

PSX had 0 sales and 1 insider buy since November 20, 2018. This’s net activity of $1.98 million.

Barrow Hanley Mewhinney & Strauss Llc increased its holdings by 7.56% in Phillips 66 (PSX), according to 2018Q4 Securities and Exchange form. 958,545 shares were bought by Barrow Hanley Mewhinney & Strauss Llc as the company’s stock rose 5.02% with the market. The institutional investor is holding 13.65 million shares, compared to the 12.69 million from the previous quarter. And the reported value of the integrated oil company is $1.18 billion for the 2018Q4. Phillips 66 has $44.59 billion MC. Ticker’s shares touched $98.02 during the last trading session after 2.25% change.Phillips 66 has volume of 2.16M shares. Since March 26, 2018 PSX has risen 7.05% and is uptrending. PSX outperformed the S&P500 by 2.68%.

Barrow Hanley Mewhinney & Strauss Llc manages about $91.02B and $50.78B US Long portfolio. It decreased its stake in Schlumberger Ltd (NYSE:SLB) by 813,061 shares to 19.13M shares, valued at $690.36M in 2018Q4, according to the filing. For a total of 5.76 million shares it reduced its holding in Golar Lng Ltd (NASDAQ:GLNG) by 389,388 shares in the quarter, and has cut its stake in Spirit Aerosystems Holdings In (NYSE:SPR).

For more Phillips 66 (NYSE:PSX) news announced recently go to: Seekingalpha.com, Businesswire.com, Twst.com, Seekingalpha.com or Fool.com. The titles are as follows: “Phillips 66: Another Success Story Among Refiners – Seeking Alpha” announced on February 27, 2019, “Phillips 66 to Announce First-Quarter Financial Results – Business Wire” on February 26, 2019, “Contrarian Stock Picks from the Kemper-Dreman High Return Fund Founder – The Wall Street Transcript” with a publish date: March 26, 2019, “Phillips 66: An Extraordinary Energy Logistics Company – Seeking Alpha” and the last “3 Warren Buffett Stocks Worth Buying Now – The Motley Fool” with publication date: March 09, 2019.

Phillips 66 (NYSE:PSX) Ratings Coverage

In total 9 analysts cover Phillips 66 (NYSE:PSX). “Buy” rating has 6, “Sell” are 0, while 3 are “Hold”. 67% are bullish. 12 are the (NYSE:PSX)’s analyst reports since October 3, 2018 according to StockzIntelligence Inc. On Friday, November 16 the stock has “Buy” rating by U.S. Capital Advisors. On Monday, October 29 the firm has “Outperform” rating given by Raymond James. On Monday, October 29 the stock has “Outperform” rating by Wells Fargo. On Tuesday, October 30 the stock has “Overweight” rating by JP Morgan. On Wednesday, October 3 Barclays Capital upgraded the shares of PSX in report to “Equal-Weight” rating. On Monday, March 4 Citigroup maintained Phillips 66 (NYSE:PSX) rating. Citigroup has “Neutral” rating and $102 target. The company rating was upgraded by Jefferies on Thursday, December 20. The stock rating was maintained by Raymond James with “Outperform” on Monday, December 31. In Thursday, January 10 report PiperJaffray reinitiated the stock with “Overweight” rating. On Tuesday, October 16 the rating was upgraded by Jefferies to “Hold”.

Phillips 66 (NYSE:PSX) Institutional Investors Chart

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