Phillips 66 (NYSE:PSX) Director John E. Lowe acquired 1,500 shares of the business’s stock in a transaction on Friday, June 26th. The shares were bought at an average price of $68.43 per share, for a total transaction of $102,645.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

John E. Lowe also recently made the following trade(s):

  • On Wednesday, June 24th, John E. Lowe acquired 1,000 shares of Phillips 66 stock. The shares were bought at an average price of $70.16 per share, for a total transaction of $70,160.00.

Shares of NYSE PSX opened at $71.90 on Wednesday. The stock has a market cap of $29.98 billion, a price-to-earnings ratio of 105.74, a PEG ratio of 5.05 and a beta of 1.60. The business has a 50 day simple moving average of $76.67 and a 200 day simple moving average of $80.40. Phillips 66 has a 52 week low of $40.04 and a 52 week high of $119.92. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.61 and a current ratio of 1.11.

Phillips 66 (NYSE:PSX) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.39. The business had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $22.04 billion. Phillips 66 had a return on equity of 14.90% and a net margin of 0.35%. During the same quarter in the previous year, the business posted $0.40 EPS. On average, analysts predict that Phillips 66 will post 2.58 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were issued a $0.90 dividend. The ex-dividend date was Friday, May 15th. This represents a $3.60 annualized dividend and a yield of 5.01%. Phillips 66’s dividend payout ratio (DPR) is currently 44.72%.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Alpha LLC lifted its holdings in Phillips 66 by 18.0% in the 4th quarter. Advisory Alpha LLC now owns 800 shares of the oil and gas company’s stock worth $84,000 after purchasing an additional 122 shares during the last quarter. Murphy Pohlad Asset Management LLC lifted its holdings in shares of Phillips 66 by 0.7% during the fourth quarter. Murphy Pohlad Asset Management LLC now owns 19,218 shares of the oil and gas company’s stock worth $2,141,000 after buying an additional 125 shares during the last quarter. Atlas Private Wealth Management lifted its holdings in shares of Phillips 66 by 6.3% during the first quarter. Atlas Private Wealth Management now owns 2,488 shares of the oil and gas company’s stock worth $133,000 after buying an additional 147 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC lifted its holdings in shares of Phillips 66 by 4.5% during the fourth quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 3,493 shares of the oil and gas company’s stock worth $389,000 after buying an additional 149 shares during the last quarter. Finally, RMB Capital Management LLC raised its stake in shares of Phillips 66 by 2.5% in the 1st quarter. RMB Capital Management LLC now owns 6,225 shares of the oil and gas company’s stock valued at $333,000 after buying an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 66.88% of the company’s stock.

PSX has been the topic of several recent analyst reports. Zacks Investment Research upgraded Phillips 66 from a “strong sell” rating to a “hold” rating and set a $67.00 price objective on the stock in a report on Wednesday, May 27th. Royal Bank of Canada upgraded Phillips 66 from a “sector perform” rating to an “outperform” rating and set a $67.00 price objective on the stock in a report on Sunday, March 29th. Morgan Stanley lifted their target price on Phillips 66 from $68.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Bank of America raised Phillips 66 from a “neutral” rating to a “buy” rating and set a $120.00 target price on the stock in a research note on Monday, April 20th. Finally, Jefferies Financial Group cut Phillips 66 from a “buy” rating to a “hold” rating and set a $78.00 target price on the stock. in a research note on Tuesday, June 23rd. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $91.81.

About Phillips 66

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; provides terminaling and storage services for crude oil and petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.

Featured Story: S&P/TSX Index

Receive News & Ratings for Phillips 66 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phillips 66 and related companies with MarketBeat.com's FREE daily email newsletter.