As Phillips 66 (PSX) Share Value Declined, Lau Associates Upped by $705,600 Its Stake; Verity & Verity Lifted Its Position in United Parcel Service (UPS) as Market Value Declined

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Lau Associates Llc increased its stake in Phillips 66 Inc (PSX) by 17.06% based on its latest 2018Q3 regulatory filing with the SEC. Lau Associates Llc bought 6,300 shares as the company’s stock declined 22.04% with the market. The institutional investor held 43,220 shares of the integrated oil company at the end of 2018Q3, valued at $4.87M, up from 36,920 at the end of the previous reported quarter. Lau Associates Llc who had been investing in Phillips 66 Inc for a number of months, seems to be bullish on the $43.48 billion market cap company. The stock increased 1.44% or $1.35 during the last trading session, reaching $95.35. About 1.28M shares traded. Phillips 66 (NYSE:PSX) has declined 9.22% since February 13, 2018 and is downtrending. It has underperformed by 9.22% the S&P500. Some Historical PSX News: 25/04/2018 – Phillips 66 expected to post earnings of 89 cents a share – Earnings Preview; 13/03/2018 – PHILLIPS 66 PSX.N : CITIGROUP RAISES TARGET PRICE TO $94 FROM $92; 23/04/2018 – PHILLIPS 66 SAYS BORGER MAINTENANCE CRIMPING FUEL OUTPUT; 27/04/2018 – Phillips 66 1Q EPS $1.07; 09/05/2018 – Phillips 66 Announces Increase In Quarterly Dividend; 24/04/2018 – PHILLIPS 66: PIPELINE TO BE PLACED IN SERVICE BY END OF 2019; 09/05/2018 – PHILLIPS 66 BOOSTS QTRLY DIV 80C/SHR FROM 70C, EST, 79C; 16/04/2018 – Phillips 66 restarting JV Borger refinery gasoline units; 25/05/2018 – Subtropical storm Alberto’s landfall expected early next week; 13/04/2018 – PHILLIPS 66 JV BORGER TEXAS REFINERY RESTARTING GASOLINE UNITS, HYDROTREATER

Verity & Verity Llc increased its stake in United Parcel Service Inc (UPS) by 23.47% based on its latest 2018Q3 regulatory filing with the SEC. Verity & Verity Llc bought 6,864 shares as the company’s stock declined 16.04% with the market. The institutional investor held 36,106 shares of the transportation company at the end of 2018Q3, valued at $4.22 million, up from 29,242 at the end of the previous reported quarter. Verity & Verity Llc who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $95.77 billion market cap company. The stock increased 0.84% or $0.93 during the last trading session, reaching $111.59. About 1.21 million shares traded. United Parcel Service, Inc. (NYSE:UPS) has declined 12.80% since February 13, 2018 and is downtrending. It has underperformed by 12.80% the S&P500. Some Historical UPS News: 15/03/2018 – UPS To Hold Webcast On Adopting New Accounting Standards; 30/05/2018 – UNITED PARCEL SERVICE INC SAYS TWO EMPLOYEES INJURED BY EXPLOSION AT LEXINGTON, KENTUCKY FREIGHT FACILITY; 11/05/2018 – Loomis Sayles Adds BioMarin, Exits Analog Devices, Cuts UPS: 13F; 14/03/2018 – UPS Chatbot Now Available Via The Google Assistant; 23/05/2018 – UPS SAYS GOAL IS TO PUSH LARGE ITEMS TO FREIGHT NETWORK; 26/04/2018 – UPS – REAFFIRMS FULL-YEAR 2018 ADJUSTED EPS GUIDANCE; 05/04/2018 – NOTICE TO UPS EMPLOYEES WITH ACCOUNTS AT THE MERRILL LYNCH TAMPA, FLORIDA BRANCH OFFICE: Klayman & Toskes, P.A. Continues to; 27/03/2018 – Sen. Baldwin: U.S. Senator Tammy Baldwin Highlights Efforts to Boost Wisconsin Start-Ups in Altoona; 06/03/2018 – UPS Names Jim Barber Oper Chief, Appoints Nando Cesarone Pres, Intl; 22/04/2018 – DJ United Parcel Service Inc Class B, Inst Holders, 1Q 2018 (UPS)

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Benzinga.com which released: “Amazon.com, Inc. (NASDAQ:AMZN), FedEx Corporation (NYSE:FDX) – Will Amazon Cut The Accessorial Ties Binding Parcel Shippers? – Benzinga” on January 24, 2019, also Benzinga.com with their article: “United Parcel Service, Inc. (NYSE:UPS) – Additive Manufacturing Technology Unlocks “Build On Demand” – Benzinga” published on January 21, 2019, Benzinga.com published: “FedEx Corporation (NYSE:FDX), United Parcel Service, Inc. (NYSE:UPS) – UPS Delivers Solid Q4 Results, Calls It A Harbinger Of Increased Strength In 2019 – Benzinga” on January 31, 2019. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Benzinga.com and their article: “FedEx Corporation (NYSE:FDX), United Parcel Service, Inc. (NYSE:UPS) – Government Shutdown Takes Toll On Safety – Benzinga” published on January 25, 2019 as well as Benzinga.com‘s news article titled: “United Parcel Service, Inc. (NYSE:UPS) – Blockchain-as-a-Business Startup Inxeption Builds Futuristic eCommerce Platform – Benzinga” with publication date: January 29, 2019.

Investors sentiment is 0.98 in 2018 Q3. Its the same as in 2018Q2. It is without change, as 47 investors sold UPS shares while 430 reduced holdings. only 108 funds opened positions while 360 raised stakes. 447.82 million shares or 0.61% less from 450.56 million shares in 2018Q2 were reported. 10 holds 2.36% in United Parcel Service, Inc. (NYSE:UPS) or 90,278 shares. Employees Retirement System Of Texas, Texas-based fund reported 76,300 shares. Amp has invested 0.12% in United Parcel Service, Inc. (NYSE:UPS). Rench Wealth Management Inc stated it has 19,739 shares or 1.54% of all its holdings. State Of Wisconsin Invest Board holds 668,971 shares or 0.22% of its portfolio. Olstein Capital Mgmt LP reported 64,000 shares. Hillsdale Inv Mgmt reported 0% stake. Sei Invs reported 173,489 shares or 0.07% of all its holdings. Toronto Dominion Financial Bank reported 531,964 shares stake. Bb&T Securities Limited Co accumulated 640,062 shares. The Michigan-based Jlb has invested 0.34% in United Parcel Service, Inc. (NYSE:UPS). Noesis Cap Mangement Corp owns 66,414 shares for 2.72% of their portfolio. Finance Consulate Inc has 0.81% invested in United Parcel Service, Inc. (NYSE:UPS) for 12,258 shares. Murphy Pohlad Asset Mngmt Ltd accumulated 18,900 shares or 1.36% of the stock. 10,272 were reported by Buckingham Asset Management Ltd Liability Co.

Among 28 analysts covering United Parcel Service (NYSE:UPS), 14 have Buy rating, 1 Sell and 13 Hold. Therefore 50% are positive. United Parcel Service had 92 analyst reports since July 29, 2015 according to SRatingsIntel. As per Friday, February 23, the company rating was downgraded by Deutsche Bank. Loop Capital upgraded the stock to “Buy” rating in Monday, February 26 report. UBS upgraded the shares of UPS in report on Monday, July 16 to “Buy” rating. Stephens maintained United Parcel Service, Inc. (NYSE:UPS) rating on Monday, January 8. Stephens has “Hold” rating and $147.0 target. The firm has “Underweight” rating given on Tuesday, February 23 by Morgan Stanley. The firm has “Neutral” rating by Citigroup given on Friday, November 2. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Neutral” rating given on Thursday, October 25 by Bank of America. The firm earned “Strong Buy” rating on Tuesday, September 4 by Raymond James. Citigroup maintained the stock with “Buy” rating in Thursday, October 25 report. Stephens maintained the shares of UPS in report on Thursday, February 1 with “Hold” rating.

Verity & Verity Llc, which manages about $217.83 million and $414.83M US Long portfolio, decreased its stake in Chevron Corp New (NYSE:CVX) by 3,592 shares to 85,321 shares, valued at $10.43 million in 2018Q3, according to the filing. It also reduced its holding in Intel Corp (NASDAQ:INTC) by 18,266 shares in the quarter, leaving it with 189,341 shares, and cut its stake in Coca Cola Co (NYSE:KO).

Since August 20, 2018, it had 0 insider purchases, and 2 insider sales for $828,076 activity. The insider Barber James J. sold $304,858.

Among 22 analysts covering Phillips 66 (NYSE:PSX), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. Phillips 66 had 97 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Credit Suisse on Monday, November 2 to “Neutral”. The firm has “Buy” rating by Piper Jaffray given on Sunday, January 21. The stock has “Buy” rating by Jefferies on Thursday, December 20. Citigroup maintained the shares of PSX in report on Tuesday, February 6 with “Neutral” rating. Morgan Stanley maintained the shares of PSX in report on Monday, July 16 with “Equal-Weight” rating. The rating was maintained by Jefferies with “Sell” on Tuesday, April 24. The firm earned “Hold” rating on Tuesday, January 30 by RBC Capital Markets. PiperJaffray reinitiated Phillips 66 (NYSE:PSX) on Thursday, January 10 with “Overweight” rating. The rating was upgraded by Goldman Sachs on Tuesday, October 3 to “Buy”. The rating was upgraded by Goldman Sachs on Friday, September 30 to “Neutral”.

Since November 20, 2018, it had 1 insider buy, and 0 insider sales for $1.98 million activity.

More news for Phillips 66 (NYSE:PSX) were recently published by: Investorplace.com, which released: “5 Must-See Stock Charts for Wednesday: GILD, NFLX, EA – Investorplace.com” on February 12, 2019. Nasdaq.com‘s article titled: “PSX Could Benefit from Lower Crude Oil Prices – Nasdaq” and published on February 11, 2019 is yet another important article.

United Parcel Service, Inc. (NYSE:UPS) Institutional Positions Chart