Peel Hunt Ups IMI PLC (LON:IMI) To Add; Phillips 66 (PSX) Shorts Increased By 11.53%

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Peel Hunt boosted IMI PLC (LON:IMI)‘s stock to a Add rating. The ratings change was shared with investors in a a note today.

Phillips 66 (NYSE:PSX) had an increase of 11.53% in short interest. PSX’s SI was 7.39 million shares in April as released by FINRA. Its up 11.53% from 6.62 million shares previously. With 2.11 million avg volume, 4 days are for Phillips 66 (NYSE:PSX)’s short sellers to cover PSX’s short positions. The SI to Phillips 66’s float is 1.73%. The stock decreased 0.82% or $0.8 during the last trading session, reaching $96.97. About 2.60M shares traded or 14.53% up from the average. Phillips 66 (NYSE:PSX) has risen 23.90% since April 9, 2017 and is uptrending. It has outperformed by 12.35% the S&P500.

Phillips 66 operates as an energy manufacturing and logistics company. The company has market cap of $45.22 billion. It operates through four divisions: Midstream, Chemicals, Refining, and Marketing and Specialties . It has a 9.85 P/E ratio. The Midstream segment gathers, processes, transports, and markets natural gas; transports, stores, fractionates, and markets natural gas liquids in the United States; and stores, refrigerates, and exports liquefied petroleum gas (LPG) primarily to Asia and Europe.

Among 19 analysts covering Phillips 66 (NYSE:PSX), 8 have Buy rating, 2 Sell and 9 Hold. Therefore 42% are positive. Phillips 66 had 74 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, August 8 by Cowen & Co. Jefferies maintained the stock with “Sell” rating in Wednesday, January 24 report. Goldman Sachs downgraded it to “Sell” rating and $85 target in Monday, November 23 report. The stock has “Hold” rating by Jefferies on Tuesday, August 23. The company was maintained on Thursday, July 13 by Piper Jaffray. The firm has “Neutral” rating given on Monday, November 2 by Credit Suisse. The firm earned “Hold” rating on Friday, April 21 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Tuesday, January 30 with “Hold”. The stock has “Underperform” rating by Jefferies on Monday, October 16. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, August 2.

Since December 15, 2017, it had 0 insider buys, and 1 sale for $270,675 activity. 2,700 Phillips 66 (NYSE:PSX) shares with value of $270,675 were sold by Oyolu Chukwuemeka A..

Investors sentiment increased to 1.01 in Q4 2017. Its up 0.09, from 0.92 in 2017Q3. It increased, as 34 investors sold Phillips 66 shares while 372 reduced holdings. 125 funds opened positions while 284 raised stakes. 351.44 million shares or 0.51% less from 353.24 million shares in 2017Q3 were reported. Scotia Capital Inc holds 7,962 shares. Argent Capital Lc reported 2,700 shares stake. Nuveen Asset Mngmt Limited Liability Corp has invested 0.01% in Phillips 66 (NYSE:PSX). Assetmark Inc has 0% invested in Phillips 66 (NYSE:PSX). Barnett & reported 2,025 shares. Voya Inv Mgmt Limited Company reported 182,004 shares. Field And Main National Bank reported 122 shares. Cranbrook Wealth Mgmt Ltd has 129 shares for 0.01% of their portfolio. Riverhead Management Llc owns 17,738 shares. Duncker Streett Inc holds 0.08% or 2,963 shares in its portfolio. Cognios Cap Ltd Liability Corporation stated it has 2,736 shares. Pnc Financial Serv reported 664,706 shares or 0.07% of all its holdings. Winfield Assoc stated it has 0.09% in Phillips 66 (NYSE:PSX). Daiwa Sb Investments Ltd holds 0.05% of its portfolio in Phillips 66 (NYSE:PSX) for 2,040 shares. Cornerstone Cap Management Hldgs Llc owns 99,529 shares.

Among 23 analysts covering IMI PLC (LON:IMI), 8 have Buy rating, 1 Sell and 14 Hold. Therefore 35% are positive. IMI PLC has GBX 1500 highest and GBX 700 lowest target. GBX 1199.48’s average target is 18.18% above currents GBX 1015 stock price. IMI PLC had 201 analyst reports since July 27, 2015 according to SRatingsIntel. On Friday, October 7 the stock rating was maintained by Credit Suisse with “Neutral”. RBC Capital Markets maintained it with “Underperform” rating and GBX 700 target in Tuesday, December 1 report. Nomura maintained the shares of IMI in report on Monday, November 9 with “Reduce” rating. Morgan Stanley maintained IMI plc (LON:IMI) rating on Thursday, March 10. Morgan Stanley has “Equalwt/In-Line” rating and GBX 1040 target. As per Friday, September 4, the company rating was maintained by RBC Capital Markets. The company was maintained on Thursday, December 31 by AlphaValue. JP Morgan maintained IMI plc (LON:IMI) on Friday, February 2 with “Neutral” rating. The firm earned “Sector Perform” rating on Monday, November 9 by RBC Capital Markets. The stock has “Hold” rating by Jefferies on Wednesday, May 10. As per Friday, July 31, the company rating was maintained by Liberum Capital.

Investors sentiment increased to 1.38 in 2017 Q4. Its up 0.82, from 0.56 in 2017Q3. It is positive, as 2 investors sold IMI plc shares while 6 reduced holdings. 7 funds opened positions while 4 raised stakes. 18.50 million shares or 0.58% less from 18.61 million shares in 2017Q3 were reported. Blackrock has invested 0% of its portfolio in IMI plc (LON:IMI). Renaissance Technology Limited Liability, New York-based fund reported 956,224 shares. Essex Invest Limited Co owns 169,021 shares. Vanguard Gru, Pennsylvania-based fund reported 490,202 shares. Royal National Bank & Trust Of Canada stated it has 19 shares. 147,502 are owned by Price T Rowe Assocs Md. Ingalls Snyder Limited Liability Com has invested 0% in IMI plc (LON:IMI). Moreover, Raging Capital Management Limited Com has 2.74% invested in IMI plc (LON:IMI) for 14.73M shares. Tower Research Cap Limited Liability (Trc) reported 1,655 shares or 0% of all its holdings. Geode Capital Limited Com reported 69,386 shares. Bridgeway Capital Mngmt Incorporated holds 311,800 shares or 0% of its portfolio. 2,400 were reported by Thompson Siegel & Walmsley Limited Company. Spark Investment Management Ltd Liability Corp holds 0% or 21,600 shares. Bancshares Of New York Mellon holds 10,597 shares. Brandes Invest Lp reported 37,500 shares or 0% of all its holdings.

IMI plc designs, manufactures, and services engineered products that control the precise movement of fluids worldwide. The company has market cap of 2.73 billion GBP. The companyÂ’s IMI Critical Engineering division provides critical flow control solutions for vital energy and process industries. It has a 17 P/E ratio. This division offers anti-surge valve and actuator systems to liquefied natural gas compression facilities; integrated flow control systems for critical applications in fluid catalytic cracking; valves into the ethylene and polypropylene production processes, as well as delayed coking; and turbine by-pass valves for critical applications in conventional and nuclear power plants.

Phillips 66 (NYSE:PSX) Institutional Positions Chart