Bank Of Stockton Raised Its Phillips 66 (PSX) Position; Hasbro Has 1.1 Sentiment

January 15, 2018 - By Kurt Siggers

Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. The company has market cap of $11.52 billion. The firm operates through U.S. and Canada, International, and Entertainment and Licensing. It has a 19.75 P/E ratio. The U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.

Bank Of Stockton increased Phillips 66 (PSX) stake by 127.26% reported in 2017Q3 SEC filing. Bank Of Stockton acquired 3,935 shares as Phillips 66 (PSX)’s stock declined 0.52%. The Bank Of Stockton holds 7,027 shares with $643,000 value, up from 3,092 last quarter. Phillips 66 now has $53.69 billion valuation. The stock increased 2.54% or $2.6 during the last trading session, reaching $104.97. About 1.85M shares traded or 6.66% up from the average. Phillips 66 (NYSE:PSX) has risen 0.77% since January 15, 2017 and is uptrending. It has underperformed by 15.93% the S&P500.

Cincinnati Indemnity Co holds 8.02% of its portfolio in Hasbro, Inc. for 21,000 shares. Cincinnati Insurance Co owns 1.26 million shares or 3.68% of their US portfolio. Moreover, Cincinnati Casualty Co has 3.56% invested in the company for 42,500 shares. The Utah-based Ronna Sue Cohen has invested 3.09% in the stock. Baldwin Brothers Inc Ma, a Massachusetts-based fund reported 167,121 shares.

The stock increased 0.04% or $0.04 during the last trading session, reaching $92.45. About 1.33 million shares traded. Hasbro, Inc. (HAS) has risen 19.06% since January 15, 2017 and is uptrending. It has outperformed by 2.36% the S&P500.

Ratings analysis reveals 33% of Hasbro’s analysts are positive. Out of 3 Wall Street analysts rating Hasbro, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $86.76 while the high is $110.0. The stock’s average target of $95.59 is 3.40% above today’s ($92.45) share price. HAS was included in 4 notes of analysts from November 28, 2016. Stifel Nicolaus maintained the shares of HAS in report on Tuesday, February 7 with “Hold” rating. The firm has “Neutral” rating given on Monday, November 28 by Piper Jaffray. The company was initiated on Monday, February 13 by Goldman Sachs.

Since January 1, 0001, it had 0 insider buys, and 14 sales for $88.93 million activity.

Analysts await Hasbro, Inc. (NASDAQ:HAS) to report earnings on February, 5. They expect $1.84 EPS, up 12.20% or $0.20 from last year’s $1.64 per share. HAS’s profit will be $229.18 million for 12.56 P/E if the $1.84 EPS becomes a reality. After $2.09 actual EPS reported by Hasbro, Inc. for the previous quarter, Wall Street now forecasts -11.96% negative EPS growth.

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. California State Teachers Retirement Systems has 0.17% invested in Phillips 66 (NYSE:PSX) for 851,327 shares. 5,017 are held by Crawford Inv Counsel Inc. Homrich Berg, a Georgia-based fund reported 3,780 shares. Logan has invested 0.1% in Phillips 66 (NYSE:PSX). Private Wealth Advsrs Inc holds 20,221 shares. Texas-based South Texas Money has invested 0.02% in Phillips 66 (NYSE:PSX). Of Toledo Na Oh accumulated 10,081 shares. Millennium Management Ltd Liability Corp stated it has 865,711 shares. Chatham Group Inc Inc owns 1.65% invested in Phillips 66 (NYSE:PSX) for 63,769 shares. Brinker Capital, Pennsylvania-based fund reported 79,860 shares. Moreover, Tompkins Fincl has 0.04% invested in Phillips 66 (NYSE:PSX). Rnc Capital Mgmt Ltd Liability reported 364,730 shares. Employees Retirement Association Of Colorado has 810,351 shares for 0.54% of their portfolio. Bancorporation Of Nova Scotia Tru stated it has 0% of its portfolio in Phillips 66 (NYSE:PSX). Maryland Capital Mngmt invested 0.05% in Phillips 66 (NYSE:PSX).

Since September 19, 2017, it had 0 insider purchases, and 2 insider sales for $373,204 activity. On Tuesday, September 19 the insider Oyolu Chukwuemeka A. sold $102,529.

Bank Of Stockton decreased Ishares: S&P Midcap 400 Index (IJH) stake by 21,699 shares to 166,420 valued at $29.77M in 2017Q3. It also reduced Nike Inc. (NYSE:NKE) stake by 6,100 shares and now owns 9,260 shares. Guggenheim Midcap Pure Gr (RFG) was reduced too.

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. Wells Fargo downgraded the stock to “Market Perform” rating in Friday, July 8 report. Howard Weil downgraded the shares of PSX in report on Monday, July 11 to “Sector Perform” rating. The stock has “Hold” rating by RBC Capital Markets on Wednesday, October 18. The company was maintained on Monday, November 13 by Piper Jaffray. The stock has “Sell” rating by Goldman Sachs on Monday, November 23. The firm has “Hold” rating given on Wednesday, December 20 by RBC Capital Markets. The firm has “Hold” rating given on Thursday, June 1 by Jefferies. The stock has “Hold” rating by RBC Capital Markets on Tuesday, August 1. Oppenheimer maintained the shares of PSX in report on Friday, December 4 with “Outperform” rating. The company was initiated on Monday, March 28 by Cowen & Co.