Amkor Technology, Inc. (AMKR) At $10.38 Forms Top; Tortoise Capital Advisors Raised Its Phillips 66 Partners LP (PSXP) Holding

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Tortoise Capital Advisors Llc increased Phillips 66 Partners Lp (PSXP) stake by 26.83% reported in 2017Q4 SEC filing. Tortoise Capital Advisors Llc acquired 2.15 million shares as Phillips 66 Partners Lp (PSXP)’s stock declined 10.51%. The Tortoise Capital Advisors Llc holds 10.16M shares with $532.60M value, up from 8.01 million last quarter. Phillips 66 Partners Lp now has $6.32B valuation. The stock increased 1.34% or $0.69 during the last trading session, reaching $52.02. About 513,952 shares traded or 65.90% up from the average. Phillips 66 Partners LP (NYSE:PSXP) has declined 6.62% since April 18, 2017 and is downtrending. It has underperformed by 18.17% the S&P500.

Amkor Technology, Inc. (AMKR) formed multiple top with $11.31 target or 9.00% above today’s $10.38 share price. Amkor Technology, Inc. (AMKR) has $2.49 billion valuation. The stock increased 1.37% or $0.14 during the last trading session, reaching $10.38. About 461,329 shares traded. Amkor Technology, Inc. (NASDAQ:AMKR) has declined 9.23% since April 18, 2017 and is downtrending. It has underperformed by 20.78% the S&P500.

Among 15 analysts covering Phillips 66 Partners (NYSE:PSXP), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Phillips 66 Partners had 51 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of PSXP in report on Sunday, November 5 with “Buy” rating. The firm earned “Sell” rating on Thursday, December 15 by Goldman Sachs. JP Morgan maintained the stock with “Overweight” rating in Tuesday, March 13 report. Barclays Capital maintained it with “Overweight” rating and $59 target in Monday, October 30 report. The rating was upgraded by Citigroup to “Buy” on Wednesday, January 25. The firm earned “Buy” rating on Sunday, August 27 by RBC Capital Markets. The stock of Phillips 66 Partners LP (NYSE:PSXP) has “Overweight” rating given on Friday, November 17 by Morgan Stanley. The rating was maintained by Scotia Capital with “Buy” on Monday, January 29. The stock of Phillips 66 Partners LP (NYSE:PSXP) has “Buy” rating given on Thursday, August 18 by Stifel Nicolaus. The company was maintained on Monday, September 25 by Stifel Nicolaus.

Tortoise Capital Advisors Llc decreased Enterprise Products Partners L.P. (NYSE:EPD) stake by 2.29M shares to 41.47 million valued at $1.10B in 2017Q4. It also reduced Phillips 66 (NYSE:PSX) stake by 5,262 shares and now owns 10,953 shares. Apache Corp (NYSE:APA) was reduced too.

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.22, from 1.19 in 2017Q3. It turned negative, as 18 investors sold PSXP shares while 43 reduced holdings. 21 funds opened positions while 38 raised stakes. 45.55 million shares or 5.95% more from 42.99 million shares in 2017Q3 were reported. Captrust Financial Advsr stated it has 0.01% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP). Envestnet Asset Mngmt Inc reported 0% stake. Westwood Incorporated has invested 0.45% in Phillips 66 Partners LP (NYSE:PSXP). Stifel Financial Corp holds 11,312 shares. Riverpoint Cap Management Ltd Liability Corporation holds 6,000 shares or 0.02% of its portfolio. Virtu Fincl Lc owns 4,102 shares or 0.01% of their US portfolio. Cambridge Research Advsrs Incorporated holds 0% in Phillips 66 Partners LP (NYSE:PSXP) or 5,437 shares. Creative Planning reported 6,506 shares. Texas Yale Cap holds 80,380 shares. 9,000 were accumulated by Goodwin Daniel L. Susquehanna Group Llp owns 34,328 shares. State Street Corporation holds 0% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP) for 5,076 shares. Commercial Bank Of America De has invested 0% in Phillips 66 Partners LP (NYSE:PSXP). Rr holds 494,000 shares or 3.59% of its portfolio. Duff & Phelps Management, a Illinois-based fund reported 524,019 shares.

Since March 9, 2018, it had 0 buys, and 1 insider sale for $681,400 activity. CHURCHILL WINSTON J had sold 60,000 shares worth $681,400 on Friday, March 9.

Among 3 analysts covering Amkor (NASDAQ:AMKR), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Amkor has $7 highest and $5.80 lowest target. $6.40’s average target is -38.34% below currents $10.38 stock price. Amkor had 8 analyst reports since July 28, 2015 according to SRatingsIntel. Zacks upgraded the stock to “Sell” rating in Tuesday, September 1 report. The firm earned “Sell” rating on Tuesday, August 25 by Zacks. On Friday, August 21 the stock rating was upgraded by Credit Suisse to “Outperform”. Topeka Capital Markets maintained Amkor Technology, Inc. (NASDAQ:AMKR) rating on Thursday, April 28. Topeka Capital Markets has “Buy” rating and $7 target. Topeka Capital Markets maintained Amkor Technology, Inc. (NASDAQ:AMKR) on Tuesday, July 28 with “Buy” rating. The rating was upgraded by Credit Suisse to “Outperform” on Monday, August 24. On Wednesday, May 25 the stock rating was downgraded by Citigroup to “Sell”. On Tuesday, September 15 the stock rating was downgraded by Citigroup to “Neutral”.

Analysts await Amkor Technology, Inc. (NASDAQ:AMKR) to report earnings on April, 26. They expect $0.05 EPS, up 225.00% or $0.09 from last year’s $-0.04 per share. AMKR’s profit will be $11.97 million for 51.90 P/E if the $0.05 EPS becomes a reality. After $0.24 actual EPS reported by Amkor Technology, Inc. for the previous quarter, Wall Street now forecasts -79.17% negative EPS growth.

Amkor Technology, Inc. (NASDAQ:AMKR) Institutional Positions Chart