Compass Capital Corp MA ADV Buys New Stake in Phillips 66 (NYSE:PSX)

Compass Capital Corp MA ADV acquired a new stake in Phillips 66 (NYSE:PSX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,727 shares of the oil and gas company's stock, valued at approximately $327,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bogart Wealth LLC lifted its stake in Phillips 66 by 120.0% in the 4th quarter. Bogart Wealth LLC now owns 220 shares of the oil and gas company's stock worth $25,000 after purchasing an additional 120 shares in the last quarter. Stephens Consulting LLC increased its holdings in shares of Phillips 66 by 83.5% in the fourth quarter. Stephens Consulting LLC now owns 244 shares of the oil and gas company's stock valued at $28,000 after purchasing an additional 111 shares during the last quarter. Values First Advisors Inc. purchased a new position in Phillips 66 during the third quarter worth approximately $30,000. Human Investing LLC acquired a new position in Phillips 66 during the fourth quarter worth $30,000. Finally, Webster Bank N. A. boosted its stake in Phillips 66 by 48.4% during the fourth quarter. Webster Bank N. A. now owns 270 shares of the oil and gas company's stock worth $31,000 after buying an additional 88 shares during the last quarter. 76.93% of the stock is currently owned by hedge funds and other institutional investors.

Phillips 66 Stock Down 0.0 %

Shares of Phillips 66 stock traded down $0.05 during trading hours on Tuesday, reaching $127.03. 1,327,162 shares of the company were exchanged, compared to its average volume of 3,574,292. The firm has a market cap of $52.46 billion, a PE ratio of 25.70, a PEG ratio of 4.84 and a beta of 1.37. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.83 and a current ratio of 1.21. Phillips 66 has a 1 year low of $108.90 and a 1 year high of $174.08. The stock's fifty day moving average is $119.39 and its 200 day moving average is $126.97.

Phillips 66 (NYSE:PSX - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of $1.23 by ($1.38). Phillips 66 had a return on equity of 8.58% and a net margin of 1.46%. During the same period in the previous year, the company posted $3.09 EPS. As a group, equities research analysts forecast that Phillips 66 will post 6.8 earnings per share for the current year.

Phillips 66 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, February 24th will be issued a $1.15 dividend. The ex-dividend date is Monday, February 24th. This represents a $4.60 annualized dividend and a yield of 3.62%. Phillips 66's dividend payout ratio (DPR) is 93.12%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. UBS Group cut their target price on Phillips 66 from $150.00 to $138.00 and set a "buy" rating for the company in a research note on Monday, November 4th. StockNews.com upgraded shares of Phillips 66 from a "sell" rating to a "hold" rating in a research report on Saturday. Wells Fargo & Company boosted their target price on shares of Phillips 66 from $161.00 to $162.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Piper Sandler downgraded shares of Phillips 66 from a "strong-buy" rating to a "hold" rating in a report on Friday, January 10th. Finally, Barclays reduced their price target on shares of Phillips 66 from $124.00 to $115.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. Five analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $148.00.

About Phillips 66

Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. 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 petroleum products to market; provides terminaling and storage services for crude oil and refined 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.