Ruffer Llp Lowered Its Phillips 66 (PSX) Stake; FCB FINANCIAL HOLDINGS (FCB) Sentiment Is 1.55

January 14, 2018 - By Nellie Frank

FCB Financial Holdings, Inc. operates as the bank holding firm for Florida Community Bank, N.A. that provides various financial services and products to individuals, small and medium-sized businesses, large businesses, and other local organizations and entities in south and central Florida. The company has market cap of $2.45 billion. The firm offers various deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificates of deposit; checking products; and money market accounts and IRAs. It has a 18.88 P/E ratio. It also offers consumer loans, such as personal and auto loans, recreational loans, and home improvement/second mortgage loans.

Ruffer Llp decreased Phillips 66 (PSX) stake by 6.25% reported in 2017Q3 SEC filing. Ruffer Llp sold 57,505 shares as Phillips 66 (PSX)’s stock declined 0.52%. The Ruffer Llp holds 863,134 shares with $79.05 million value, down from 920,639 last quarter. Phillips 66 now has $53.69B valuation. The stock increased 2.54% or $2.6 during the last trading session, reaching $104.97. About 1.85 million shares traded or 6.66% up from the average. Phillips 66 (NYSE:PSX) has risen 0.77% since January 14, 2017 and is uptrending. It has underperformed by 15.93% the S&P500.

Elizabeth Park Capital Advisors Ltd. holds 5.17% of its portfolio in FCB Financial Holdings, Inc. for 275,968 shares. Daruma Capital Management Llc owns 1.12 million shares or 3.37% of their US portfolio. Moreover, Jcsd Capital Llc has 2.74% invested in the company for 60,000 shares. The New York-based Adi Capital Management Llc has invested 2.03% in the stock. Snyder Capital Management L P, a California-based fund reported 667,395 shares.

Analysts await FCB Financial Holdings, Inc. (NYSE:FCB) to report earnings on January, 24. They expect $0.74 earnings per share, up 19.35% or $0.12 from last year’s $0.62 per share. FCB’s profit will be $32.47M for 18.83 P/E if the $0.74 EPS becomes a reality. After $0.74 actual earnings per share reported by FCB Financial Holdings, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 0.72% or $0.4 during the last trading session, reaching $55.75. About 198,536 shares traded. FCB Financial Holdings, Inc. (FCB) has risen 30.63% since January 14, 2017 and is uptrending. It has outperformed by 13.93% the S&P500.

Analysts await Phillips 66 (NYSE:PSX) to report earnings on February, 2. They expect $1.27 earnings per share, up 693.75% or $1.11 from last year’s $0.16 per share. PSX’s profit will be $649.62M for 20.66 P/E if the $1.27 EPS becomes a reality. After $1.66 actual earnings per share reported by Phillips 66 for the previous quarter, Wall Street now forecasts -23.49% negative EPS growth.

Among 18 analysts covering Phillips 66 (NYSE:PSX), 8 have Buy rating, 2 Sell and 8 Hold. Therefore 44% are positive. Phillips 66 had 64 analyst reports since August 4, 2015 according to SRatingsIntel. Goldman Sachs upgraded the shares of PSX in report on Tuesday, October 3 to “Buy” rating. The rating was maintained by Mizuho on Monday, February 6 with “Buy”. Piper Jaffray maintained the stock with “Neutral” rating in Monday, August 22 report. The rating was maintained by with “Equal-Weight” on Monday, October 10. The rating was maintained by Scotia Capital on Thursday, December 21 with “Buy”. As per Monday, September 4, the company rating was maintained by Jefferies. The firm has “Market Perform” rating by Wells Fargo given on Friday, July 8. The stock of Phillips 66 (NYSE:PSX) earned “Neutral” rating by JP Morgan on Monday, October 30. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, August 2 report. Cowen & Co maintained the stock with “Buy” rating in Tuesday, August 8 report.

Investors sentiment increased to 0.92 in 2017 Q3. Its up 0.07, from 0.85 in 2017Q2. It increased, as 40 investors sold PSX shares while 369 reduced holdings. 94 funds opened positions while 282 raised stakes. 353.24 million shares or 0.95% more from 349.91 million shares in 2017Q2 were reported. Conning stated it has 0.06% of its portfolio in Phillips 66 (NYSE:PSX). 96,254 were accumulated by Norman Fields Gottscho Capital Mgmt Ltd. Tower Bridge Advsr invested in 11,719 shares. Fmr Lc invested in 11.26 million shares or 0.12% of the stock. Shine Investment Advisory has invested 0% in Phillips 66 (NYSE:PSX). Cleararc Cap reported 0.15% of its portfolio in Phillips 66 (NYSE:PSX). Cubist Systematic Strategies Ltd Llc invested in 7,898 shares or 0.04% of the stock. Everett Harris And Ca reported 26,830 shares stake. Richard Bernstein Advisors Limited Com accumulated 48,523 shares. M&R Capital Management Incorporated invested in 0.14% or 6,301 shares. Berkshire Hathaway holds 4.16% of its portfolio in Phillips 66 (NYSE:PSX) for 80.69 million shares. Banque Pictet Cie Sa owns 36,000 shares or 0.07% of their US portfolio. Atlas Browninc accumulated 4,880 shares or 0.09% of the stock. Congress Asset Mngmt Commerce Ma holds 61,200 shares or 0.09% of its portfolio. Northpointe Cap Lc reported 35,206 shares.

Since September 19, 2017, it had 0 buys, and 2 selling transactions for $373,204 activity. On Tuesday, September 19 Oyolu Chukwuemeka A. sold $102,529 worth of Phillips 66 (NYSE:PSX) or 1,151 shares.

Ruffer Llp increased Anglogold Ashanti Ltd (NYSE:AU) stake by 100,000 shares to 1.82M valued at $16.93M in 2017Q3. It also upped Disney Walt Co (NYSE:DIS) stake by 951,554 shares and now owns 2.56 million shares. Tenaris S A (NYSE:TS) was raised too.

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