How Many Phillips 66 Partners LP (NYSE:PSXP)’s Analysts Are Bullish?

Investors sentiment decreased to 1.03 in Q2 2019. Its down 0.51, from 1.54 in 2019Q1. It fall, as 14 investors sold Phillips 66 Partners LP shares while 46 reduced holdings. 19 funds opened positions while 43 raised stakes. 46.71 million shares or 1.36% less from 47.35 million shares in 2019Q1 were reported.
Copeland Capital Management owns 192,706 shares for 0.53% of their portfolio. Keybank National Association Oh holds 0% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP) for 7,691 shares. Hightower Ltd Liability stated it has 76,813 shares or 0.02% of all its holdings. Jane Street Gru Ltd Company owns 29,025 shares or 0% of their US portfolio. 717,550 are held by Hite Hedge Asset Mgmt Ltd Limited Liability Company. 107,684 are held by Raymond James Financial Serv Advsr Inc. Walleye Trading has invested 0.01% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP). 5,968 were reported by Creative Planning. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reported 0.29% stake. Citadel Advisors Limited Company has 116,326 shares. 158,080 were accumulated by State Of New Jersey Common Pension Fund D. Miller Howard New York has invested 0.67% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP). Sumitomo Mitsui Holding Inc holds 9,000 shares. California Pub Employees Retirement Systems holds 0% or 70,309 shares in its portfolio. Royal Commercial Bank Of Canada invested in 42,883 shares or 0% of the stock.

Since May 24, 2019, it had 3 buys, and 0 sales for $518,636 activity. Bairrington Phillip David had bought 613 shares worth $31,944 on Monday, August 12.

Phillips 66 Partners LP (NYSE:PSXP) Ratings Coverage

Among 2 analysts covering Phillips 66 Partners (NYSE:PSXP), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Phillips 66 Partners has $6200 highest and $5600 lowest target. $59’s average target is 2.84% above currents $57.37 stock price. Phillips 66 Partners had 6 analyst reports since March 21, 2019 according to SRatingsIntel. Bank of America maintained Phillips 66 Partners LP (NYSE:PSXP) on Tuesday, September 10 with “Buy” rating. Below is a list of Phillips 66 Partners LP (NYSE:PSXP) latest ratings and price target changes.

10/09/2019 Broker: Bank of America Rating: Buy Old Target: $58.0000 New Target: $62.0000 Maintain
02/08/2019 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade
06/06/2019 Broker: Mizuho Rating: Buy New Target: $56.0000 Initiates Coverage On
10/05/2019 Broker: BidaskScore Rating: Sell Upgrade
17/04/2019 Broker: BidaskScore Rating: Sell Downgrade
21/03/2019 Broker: BidaskScore Rating: Buy Upgrade

The stock increased 2.25% or $1.26 during the last trading session, reaching $57.37. About 647,606 shares traded or 64.82% up from the average. Phillips 66 Partners LP (NYSE:PSXP) has declined 2.06% since September 13, 2018 and is downtrending. It has underperformed by 2.06% the S&P500.

Phillips 66 Partners LP owns, operates, develops, and acquires crude oil, refined petroleum products, and natural gas liquids pipelines and terminals, as well as other transportation midstream assets. The company has market cap of $12.96 billion. It operates pipeline assets in Lake Charles, Sweeny, Wood River, Borger/Ponca City, Billings, and Borger; terminal, rail rack, and storage assets in Louisiana, Texas, Illinois, Missouri, Kansas, Oklahoma, New Jersey, Washington, and Montana; marine assets in Lake Charles and Wood River; and natural gas liquids assets in Texas and Louisiana. It has a 12.8 P/E ratio. Phillips 66 Partners GP LLC operates as the general partner of Phillips 66 Partners LP.

More notable recent Phillips 66 Partners LP (NYSE:PSXP) news were published by: Bizjournals.com which released: “Phillips 66 Partners names female executive as new COO to lead MLP – Houston Business Journal” on November 28, 2018, also Fool.com with their article: “Better Buy: Kinder Morgan Canada Limited vs. Phillips 66 Partners – The Motley Fool” published on December 22, 2018, Seekingalpha.com published: “Phillips 66 Partners Q4 2018 Earnings Preview – Seeking Alpha” on February 07, 2019. More interesting news about Phillips 66 Partners LP (NYSE:PSXP) were released by: Seekingalpha.com and their article: “Phillips 66 Partners: Positioned For Significant Growth – Seeking Alpha” published on June 26, 2019 as well as Businesswire.com‘s news article titled: “Phillips 66 Partners to Announce Second-Quarter Financial Results – Business Wire” with publication date: June 21, 2019.

Phillips 66 Partners LP (NYSE:PSXP) Institutional Positions Chart

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