Check Capital Management Lowered Phillips 66 (PSX) Holding; 2 Analysts Covering Columbia Banking System, Inc. (COLB)

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Among 4 analysts covering Columbia Banking System (NASDAQ:COLB), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Columbia Banking System had 6 analyst reports since January 4, 2018 according to SRatingsIntel. Sandler O’Neill maintained the stock with “Hold” rating in Thursday, January 4 report. The firm has “Hold” rating by Sandler O’Neill given on Thursday, March 29. DA Davidson maintained Columbia Banking System, Inc. (NASDAQ:COLB) rating on Friday, April 27. DA Davidson has “Buy” rating and $49 target. The firm has “Buy” rating by Piper Jaffray given on Tuesday, January 30. The stock of Columbia Banking System, Inc. (NASDAQ:COLB) has “Hold” rating given on Thursday, January 25 by RBC Capital Markets. The stock has “Hold” rating by Sandler O’Neill on Friday, January 26. See Columbia Banking System, Inc. (NASDAQ:COLB) latest ratings:

27/04/2018 Broker: DA Davidson Old Rating: Buy New Rating: Buy Old Target: $51 New Target: $49 Maintain
29/03/2018 Broker: Sandler O’Neill Rating: Hold New Target: $45.0000 Maintain
30/01/2018 Broker: Piper Jaffray Rating: Buy New Target: $52.0 Maintain
26/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $48.0 Maintain
25/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $46.0 Maintain
04/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $47.0 Maintain

Check Capital Management Inc decreased Phillips 66 (PSX) stake by 61.24% reported in 2018Q1 SEC filing. Check Capital Management Inc sold 49,293 shares as Phillips 66 (PSX)’s stock rose 24.95%. The Check Capital Management Inc holds 31,204 shares with $2.99M value, down from 80,497 last quarter. Phillips 66 now has $52.74 billion valuation. The stock increased 1.32% or $1.47 during the last trading session, reaching $113.21. About 350,915 shares traded. Phillips 66 (NYSE:PSX) has risen 49.32% since June 29, 2017 and is uptrending. It has outperformed by 36.75% the S&P500. Some Historical PSX News: 13/04/2018 – PHILLIPS 66 JV BORGER TEXAS REFINERY RESTARTING GASOLINE UNITS, HYDROTREATER; 27/04/2018 – Phillips 66: 1Q Refining Net Income $91 Million; 08/03/2018 – Phillips 66 begins Alliance refinery begins reformer, HTU work; 17/05/2018 – U.S. REFINERS UP AFTER OIL PRICES HIT HIGHEST LEVEL SINCE NOV 2014, MORGAN STANLEY RAISES U.S. REFINING & MARKETING INDUSTRY VIEW; 16/04/2018 – PHILLIPS 66 JV BORGER TEXAS REFINERY RESTARTING GASOLINE UNITS; 27/04/2018 – PHILLIPS 66 QTRLY TOTAL REVENUES AND OTHER INCOME $24,046 MLN VS $23,712 MLN; 25/05/2018 – Subtropical storm Alberto’s landfall expected early next week; 27/04/2018 – PHILLIPS 66 – EARNINGS REFLECT BENEFIT OF DIVERSIFIED PORTFOLIO, AND ARE ALSO SEEING POSITIVE, ONGOING IMPACTS FROM U.S. TAX REFORM; 11/04/2018 – PHILLIPS 66 JV BORGER TEXAS REFINERY SHUTS GASOLINE UNITS, HYDROTREATER; 23/04/2018 – Phillips 66 Reports Emissions at Borger, Texas, Refinery

The stock increased 1.06% or $0.44 during the last trading session, reaching $41.82. About 34,506 shares traded. Columbia Banking System, Inc. (NASDAQ:COLB) has risen 11.95% since June 29, 2017 and is uptrending. It has underperformed by 0.62% the S&P500. Some Historical COLB News: 23/04/2018 – Research Report Identifies Signature Bank, Concert Pharmaceuticals, Easterly Government Properties, Hilltop, Columbia Banking S; 04/05/2018 – Columbia Bank Promotes Brock Lakely To Chief Accounting Officer; 19/04/2018 – DJ Columbia Banking System Inc, Inst Holders, 1Q 2018 (COLB); 26/04/2018 – Columbia Banking System Raises Quarter Dividend to 26c; 03/05/2018 – Columbia Bank Appoints Greg Sigrist Chief Financial Officer; 26/04/2018 – Columbia Banking System Total Assets at March 31 Were $12.53 Billion; 19/04/2018 – Columbia Bank’s Second Annual Melanie Dressel Community Commitment Event Launches April 23; 10/04/2018 – Columbia Banking Closes Above 200-Day Moving Average; 23/03/2018 – Columbia Banking Closes Below 200-Day Moving Average; 26/04/2018 – COLUMBIA BANKING SYSTEM INC – TO PAY A REGULAR CASH DIVIDEND OF $0.26 PER COMMON SHARE

Investors sentiment decreased to 0.98 in 2018 Q1. Its down 1.62, from 2.6 in 2017Q4. It dived, as 13 investors sold Columbia Banking System, Inc. shares while 75 reduced holdings. 25 funds opened positions while 61 raised stakes. 62.75 million shares or 1.88% more from 61.59 million shares in 2017Q4 were reported. 46,124 are owned by Group Incorporated. Salzhauer Michael has invested 0.09% of its portfolio in Columbia Banking System, Inc. (NASDAQ:COLB). Schwab Charles Mgmt invested 0.01% in Columbia Banking System, Inc. (NASDAQ:COLB). Cortina Asset Limited Liability Co invested 0.65% in Columbia Banking System, Inc. (NASDAQ:COLB). Scout Invs holds 0.01% or 12,130 shares in its portfolio. United Services Automobile Association invested 0% of its portfolio in Columbia Banking System, Inc. (NASDAQ:COLB). Ironwood Invest Management Ltd, Massachusetts-based fund reported 40,209 shares. Blackrock stated it has 9.47 million shares. Deutsche Bancshares Ag reported 108,219 shares. Swiss Commercial Bank owns 127,107 shares for 0.01% of their portfolio. The Alabama-based Regions Financial Corporation has invested 0% in Columbia Banking System, Inc. (NASDAQ:COLB). Louisiana State Employees Retirement reported 0.06% in Columbia Banking System, Inc. (NASDAQ:COLB). 260,373 are held by Wells Fargo Communication Mn. Stone Ridge Asset Mgmt Limited Liability accumulated 0.03% or 14,068 shares. Qs Invsts Ltd Company accumulated 120,607 shares.

Columbia Banking System, Inc. operates as the bank holding firm for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. The company has market cap of $3.06 billion. It offers personal banking services and products, including noninterest and interest-bearing checking, saving, money market, and certificate of deposit accounts; home equity loans and lines of credit, home mortgages for purchases and refinances, personal loans, and other consumer loans; debit and credit cards; and online and mobile banking services. It has a 21.79 P/E ratio. The firm also provides business banking services and products, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; accounts receivable and inventory financing, small business administration financing, commercial real estate loan products for construction and development or permanent financing; and agricultural lending, municipal lending, merchant card, remote deposit capture, small business, and treasury management services.

Since January 8, 2018, it had 4 insider buys, and 1 insider sale for $85,597 activity. On Friday, March 9 Stein Clint sold $101,568 worth of Columbia Banking System, Inc. (NASDAQ:COLB) or 2,300 shares. BARUFFI KUMI YAMAMOTO bought $6,374 worth of stock or 174 shares. Lawson David C bought 76 shares worth $2,784. 132 shares were bought by McDonald Andy, worth $4,835 on Monday, January 8.

Another recent and important Columbia Banking System, Inc. (NASDAQ:COLB) news was published by Nasdaq.com which published an article titled: “New Research: Key Drivers of Growth for Columbia Banking System, Helmerich & Payne, Spirit Airlines, Keane Group …” on June 18, 2018.

Since May 16, 2018, it had 0 buys, and 1 insider sale for $828,000 activity. Oyolu Chukwuemeka A. sold 6,900 shares worth $828,000.

Analysts await Phillips 66 (NYSE:PSX) to report earnings on August, 7. They expect $2.17 earnings per share, up 99.08% or $1.08 from last year’s $1.09 per share. PSX’s profit will be $1.01B for 13.04 P/E if the $2.17 EPS becomes a reality. After $1.04 actual earnings per share reported by Phillips 66 for the previous quarter, Wall Street now forecasts 108.65% EPS growth.

More notable recent Phillips 66 (NYSE:PSX) news were published by: Finance.Yahoo.com which released: “Investors Should Follow Buffett Into Phillips 66 Stock” on June 16, 2018, also Globenewswire.com with their article: “Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar …” published on June 26, 2018, Seekingalpha.com published: “Energy Transfer-Phillips 66 JV eyes October finish for Bayou Bridge pipeline” on June 27, 2018. More interesting news about Phillips 66 (NYSE:PSX) were released by: Benzinga.com and their article: “What The Oil Market Can Tell Us About Some Of The Top Energy Stocks” published on June 27, 2018 as well as Bizjournals.com‘s news article titled: “See which Houston public cos. were the biggest winners, losers for job growth since 2009” with publication date: June 25, 2018.

Investors sentiment decreased to 0.91 in 2018 Q1. Its down 0.10, from 1.01 in 2017Q4. It fall, as 55 investors sold PSX shares while 389 reduced holdings. 97 funds opened positions while 308 raised stakes. 314.13 million shares or 10.62% less from 351.44 million shares in 2017Q4 were reported. St Germain D J has invested 0.03% in Phillips 66 (NYSE:PSX). Cap Ltd Liability Com holds 0.02% or 3,778 shares. 2,168 were reported by Rand Wealth. Ipswich Mgmt Co reported 3,705 shares. South State Corporation has invested 0.48% in Phillips 66 (NYSE:PSX). Legal General Pcl has invested 0.19% in Phillips 66 (NYSE:PSX). 23,328 are owned by Essex Ser. Vestor Capital Limited Liability Corp owns 1.03% invested in Phillips 66 (NYSE:PSX) for 51,757 shares. Tru Of Oklahoma has invested 0% in Phillips 66 (NYSE:PSX). Plancorp Ltd Liability Com invested in 4,692 shares or 0.14% of the stock. Pathstone Family Office Ltd Liability Corp holds 0.01% in Phillips 66 (NYSE:PSX) or 191 shares. Moreover, St Johns Investment Ltd Llc has 0% invested in Phillips 66 (NYSE:PSX). Godsey & Gibb invested in 122 shares or 0% of the stock. The Texas-based Linscomb Williams Inc has invested 0.05% in Phillips 66 (NYSE:PSX). Adams Natural Resource Fund owns 2.7% invested in Phillips 66 (NYSE:PSX) for 174,475 shares.

Columbia Banking System, Inc. (NASDAQ:COLB) Institutional Positions Chart