High Pointe Capital Management Lowered Its Position in Wells Fargo & Co (WFC) as Share Value Rose; As Phillips 66 (PSX) Share Value Rose, Cambridge Investment Research Advisors Has Lifted Its Stake by $1.11 Million

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Cambridge Investment Research Advisors Inc increased its stake in Phillips 66 (PSX) by 11.42% based on its latest 2019Q2 regulatory filing with the SEC. Cambridge Investment Research Advisors Inc bought 11,910 shares as the company’s stock rose 11.67% . The institutional investor held 116,174 shares of the integrated oil company at the end of 2019Q2, valued at $10.87 million, up from 104,264 at the end of the previous reported quarter. Cambridge Investment Research Advisors Inc who had been investing in Phillips 66 for a number of months, seems to be bullish on the $50.08B market cap company. The stock decreased 0.05% or $0.06 during the last trading session, reaching $112.69. About 1.28M shares traded. Phillips 66 (NYSE:PSX) has declined 16.04% since December 4, 2018 and is downtrending. It has underperformed by 16.04% the S&P500. Some Historical PSX News: 22/03/2018 – CENOVUS ENERGY INC CVE.TO – IN ONGOING DISCUSSIONS WITH RAIL PROVIDERS TO RESOLVE A SHORTAGE OF LOCOMOTIVE HAULING CAPACITY; 11/04/2018 – PHILLIPS 66 BORGER REFINERY MAY RESTART GASOLINE UNITS, HYDROTREATER EARLY NEXT WEEK; 16/04/2018 – PHILLIPS 66 JV BORGER TEXAS REFINERY RESTARTING GASOLINE UNITS; 23/04/2018 – PHILLIPS 66 SAYS BORGER MAINTENANCE CRIMPING FUEL OUTPUT; 25/04/2018 – Phillips 66 expected to post earnings of 89 cents a share – Earnings Preview; 15/03/2018 – Venezuela’s crude sales to U.S. falls to 15-year low in February; 27/04/2018 – PHILLIPS 66 – CPCHEM HAS FULLY RECOVERED FROM HURRICANE HARVEY AND CONTRIBUTED STRONG RESULTS IN QUARTER; 27/04/2018 – PHILLIPS 66 BEGINS 1Q EARNINGS CONFERENCE CALL; 27/04/2018 – Phillips 66: Midstream 1Q Net Income $233 Million; 05/05/2018 – Praise for Phillips 66 — Berkshire Hathaway Annual Meeting

High Pointe Capital Management Llc decreased its stake in Wells Fargo & Co (WFC) by 71.47% based on its latest 2019Q2 regulatory filing with the SEC. High Pointe Capital Management Llc sold 23,000 shares as the company’s stock rose 0.37% . The institutional investor held 9,180 shares of the major banks company at the end of 2019Q2, valued at $434,000, down from 32,180 at the end of the previous reported quarter. High Pointe Capital Management Llc who had been investing in Wells Fargo & Co for a number of months, seems to be less bullish one the $225.66B market cap company. The stock increased 1.47% or $0.77 during the last trading session, reaching $53.35. About 14.93 million shares traded. Wells Fargo & Company (NYSE:WFC) has declined 17.23% since December 4, 2018 and is downtrending. It has underperformed by 17.23% the S&P500. Some Historical WFC News: 30/05/2018 – Wells Fargo Presenting at AllianceBernstein Conference Tomorrow; 07/05/2018 – Wells Fargo: Norton Was Chief Risk Officer of Consumer and Community Banking at JPMorgan Chase; 24/04/2018 – Wells Fargo Protesters Shout, March as Investors Back CEO Raise; 26/04/2018 – Navistar Presenting at Wells Fargo Industrials Conference May 8; 10/05/2018 – Wells Fargo trims expected hit from regulatory cap on assets; 26/04/2018 – Labor Department is reportedly investigating Wells Fargo’s 401(k) unit; 22/03/2018 – FIVE BELOW INC FIVE.O : WELLS FARGO RAISES TARGET PRICE TO $76 FROM $74; 09/04/2018 – Yahoo! Finance: Exclusive: U.S. consumer watchdog seeks record fine against Wells Fargo for abuses; 20/04/2018 – Wells Fargo to pay $1 billion in regulatory settlement over abuses in its auto and mortgage loan units; 26/04/2018 – Greif Presenting at Wells Fargo Industrials Conference May 8

Investors sentiment decreased to 0.95 in Q2 2019. Its down 0.26, from 1.21 in 2019Q1. It fall, as 61 investors sold PSX shares while 367 reduced holdings. 83 funds opened positions while 322 raised stakes. 296.76 million shares or 2.94% less from 305.73 million shares in 2019Q1 were reported. Ghp Invest Advsr accumulated 10,767 shares. Kempen Capital Mngmt Nv owns 0.14% invested in Phillips 66 (NYSE:PSX) for 17,237 shares. 949 are owned by Stonebridge Capital Limited. Cidel Asset Management Inc holds 1.13% or 61,050 shares in its portfolio. Monetary Mgmt Gru Inc accumulated 4,877 shares. Wagner Bowman Mngmt reported 0.12% stake. Staley Cap Advisers reported 3,500 shares or 0.02% of all its holdings. Ferguson Wellman Mgmt Inc holds 39,000 shares or 0.12% of its portfolio. 406 are owned by Baystate Wealth Mngmt Ltd. Raymond James & Assocs holds 0.08% of its portfolio in Phillips 66 (NYSE:PSX) for 607,922 shares. Carret Asset Mngmt Ltd Company stated it has 0.26% in Phillips 66 (NYSE:PSX). Alliancebernstein Limited Partnership owns 0.14% invested in Phillips 66 (NYSE:PSX) for 2.37 million shares. Ima Wealth Inc reported 0.03% in Phillips 66 (NYSE:PSX). Hightower Advisors Llc reported 0.07% in Phillips 66 (NYSE:PSX). Beech Hill Advsr invested 2.04% in Phillips 66 (NYSE:PSX).

Cambridge Investment Research Advisors Inc, which manages about $19.96 billion and $10.89B US Long portfolio, decreased its stake in Resmed (NYSE:RMD) by 12,025 shares to 2,567 shares, valued at $313,000 in 2019Q2, according to the filing. It also reduced its holding in Schwab Strategic (SCHX) by 39,327 shares in the quarter, leaving it with 509,979 shares, and cut its stake in Cheniere (NYSEMKT:LNG).

More notable recent Phillips 66 (NYSE:PSX) news were published by: 247Wallst.com which released: “Warren Buffett’s Top Stocks (and Some Changes) for the Rest of 2019 – 24/7 Wall St.” on November 14, 2019, also Finance.Yahoo.com with their article: “Warren Buffett’s Berkshire Adds 2 Stocks to Portfolio in 3rd Quarter – Yahoo Finance” published on November 15, 2019, Finance.Yahoo.com published: “Phillips 66 (PSX): Hedge Funds Cashed Out Too Early – Yahoo Finance” on December 03, 2019. More interesting news about Phillips 66 (NYSE:PSX) were released by: Finance.Yahoo.com and their article: “Why Phillips 66 (NYSE:PSX) Could Be Your Next Investment – Yahoo Finance” published on May 20, 2019 as well as Finance.Yahoo.com‘s news article titled: “Be Sure To Check Out Phillips 66 (NYSE:PSX) Before It Goes Ex-Dividend – Yahoo Finance” with publication date: August 14, 2019.

High Pointe Capital Management Llc, which manages about $316.93M and $71.38 million US Long portfolio, upped its stake in Hp Inc by 21,850 shares to 72,770 shares, valued at $1.51M in 2019Q2, according to the filing. It also increased its holding in Newmont Goldcorp Corp (NYSE:NEM) by 53,080 shares in the quarter, for a total of 72,440 shares, and has risen its stake in Cvs Health Corp (NYSE:CVS).

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Bloomberg.com which released: “Wells Fargo CEO Scharf Taps Daley to Help Fix Bank’s Image – Bloomberg” on November 07, 2019, also Investorplace.com with their article: “Wells Fargo Has Its Groove Back, so Stick with WFC Stock – Investorplace.com” published on November 13, 2019, Investorplace.com published: “4 Bank Stocks to Buy That Are Breaking Out – Investorplace.com” on November 25, 2019. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Seekingalpha.com and their article: “Wells Fargo: A New Day With A Still Strong 14% Yield – Seeking Alpha” published on November 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Hedge Funds Aren’t Crazy About Wells Fargo & Company (WFC) Anymore – Yahoo Finance” with publication date: November 30, 2019.

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on January, 21. They expect $1.09 EPS, down 9.92% or $0.12 from last year’s $1.21 per share. WFC’s profit will be $4.61B for 12.24 P/E if the $1.09 EPS becomes a reality. After $0.92 actual EPS reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 18.48% EPS growth.

Investors sentiment decreased to 0.71 in Q2 2019. Its down 0.15, from 0.86 in 2019Q1. It dived, as 72 investors sold WFC shares while 642 reduced holdings. 100 funds opened positions while 408 raised stakes. 3.38 billion shares or 2.62% more from 3.29 billion shares in 2019Q1 were reported. State Street Corporation owns 177.89M shares. Sei Invs invested 0.22% of its portfolio in Wells Fargo & Company (NYSE:WFC). Jefferies Ltd Liability invested in 0.03% or 89,514 shares. Bell Comml Bank has invested 0.09% of its portfolio in Wells Fargo & Company (NYSE:WFC). Pathstone Family Office Ltd Liability Company has 0.1% invested in Wells Fargo & Company (NYSE:WFC). Dorsey And Whitney Tru Limited Liability accumulated 98,542 shares. Carret Asset Mngmt Lc, New York-based fund reported 39,136 shares. Moreover, Ameriprise Financial Inc has 0.52% invested in Wells Fargo & Company (NYSE:WFC). Meiji Yasuda Life reported 65,744 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 0.59% invested in Wells Fargo & Company (NYSE:WFC). Sageworth Tru, a Pennsylvania-based fund reported 501 shares. Eagle Asset Management accumulated 0.56% or 2.30M shares. Natl Bank Of The West, California-based fund reported 54,921 shares. Zeke Cap Advsr Lc accumulated 238,177 shares. Bruni J V & accumulated 7,916 shares.

Wells Fargo & Company (NYSE:WFC) Institutional Positions Chart

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