North Star Investment Management Has Lowered Phillips 66 (PSX) Position; Monarch Casino & Resort Has 1.1 Sentiment

Phillips 66 (NYSE:PSX) Logo

Monarch Casino & Resort Inc (MCRI) investors sentiment increased to 1.1 in 2018 Q2. It’s up 0.36, from 0.74 in 2018Q1. The ratio is more positive, as 53 investment managers increased and opened new positions, while 48 sold and decreased their stakes in Monarch Casino & Resort Inc. The investment managers in our database now hold: 10.29 million shares, down from 10.44 million shares in 2018Q1. Also, the number of investment managers holding Monarch Casino & Resort Inc in top ten positions was flat from 2 to 2 for the same number . Sold All: 12 Reduced: 36 Increased: 37 New Position: 16.

North Star Investment Management Corp decreased Phillips 66 (PSX) stake by 25.13% reported in 2018Q2 SEC filing. North Star Investment Management Corp sold 3,151 shares as Phillips 66 (PSX)’s stock declined 3.10%. The North Star Investment Management Corp holds 9,387 shares with $1.05 million value, down from 12,538 last quarter. Phillips 66 now has $42.15B valuation. The stock decreased 0.75% or $0.69 during the last trading session, reaching $91.4. About 3.19 million shares traded or 17.19% up from the average. Phillips 66 (NYSE:PSX) has risen 30.83% since December 5, 2017 and is uptrending. It has outperformed by 15.21% the S&P500. Some Historical PSX News: 12/04/2018 – PHILLIPS 66 BORGER REFINERY EXPECTS ALL UNITS TO BE BACK IN PRODUCTION BY MIDDLE OF NEXT WEEK; 02/04/2018 – Fidelity Mega Cap Adds Pfizer, Exits Phillips 66; 27/04/2018 – Phillips 66 1Q Transportation Adjusted Net Income $136 Million; 15/03/2018 – Venezuela’s crude sales to U.S. falls to 15-year low in February; 12/04/2018 – PHILLIPS 66 JV BORGER TEXAS REFINERY COMPLETES WORK TO BEGIN RESTARTING GASOLINE UNITS, HYDROTREATER; 03/04/2018 – Phillips 66 Alliance refinery restarting reformer; 03/04/2018 – PHILLIPS 66 ALLIANCE REFINERY COMPLETES HYDROTREATER RESTART; 27/04/2018 – PHILLIPS 66 PSX.N SAYS NEEDS NEW PIPELINE CAPACITY SERVING THE PERMIAN BASIN – CONF CALL; 03/04/2018 – RESTARTED PHILLIPS 66 ALLIANCE REFINERY UNITS TO BE BACK TO FULL PRODUCTION BY EARLY NEXT WEEK; 10/04/2018 – Phillips 66 Alliance refinery raises production on reformer, HTUs

The stock decreased 3.49% or $1.42 during the last trading session, reaching $39.3. About 59,138 shares traded or 15.30% up from the average. Monarch Casino & Resort, Inc. (MCRI) has risen 29.21% since December 5, 2017 and is uptrending. It has outperformed by 13.59% the S&P500. Some Historical MCRI News: 05/03/2018 Monarch Casino & Resort to Participate at the 30th Annual Roth Conference; 26/04/2018 – Monarch Casino 1Q EPS 36c; 08/05/2018 – Monarch Casino Presenting at Conference May 15; 26/04/2018 – Monarch Casino 1Q Rev $56.3M; 26/04/2018 – MONARCH CASINO & RESORT INC MCRI.O – QTRLY SHR $ 0.36; 20/04/2018 – DJ Monarch Casino & Resort Inc, Inst Holders, 1Q 2018 (MCRI); 09/05/2018 – Monarch Casino Presenting at Wells Fargo Conference May 15; 23/05/2018 – Prota/MCRI Completes Enrolment of Phase 2b Multicentre Clinical Trial of Probiotic Oral Immunotherapy for the Treatment of Peanut Allergy (PPOIT-003); 08/05/2018 – Monarch Casino & Resort to Participate at 2018 Wells Fargo Gaming, Hospitality and Leisure Conference; 14/05/2018 – Monarch Casino Presenting at Wells Fargo Conference Tomorrow

Analysts await Monarch Casino & Resort, Inc. (NASDAQ:MCRI) to report earnings on February, 19. They expect $0.42 EPS, up 35.48% or $0.11 from last year’s $0.31 per share. MCRI’s profit will be $7.52M for 23.39 P/E if the $0.42 EPS becomes a reality. After $0.58 actual EPS reported by Monarch Casino & Resort, Inc. for the previous quarter, Wall Street now forecasts -27.59% negative EPS growth.

Since January 1, 0001, it had 1 insider purchase, and 0 insider sales for $358,691 activity.

More notable recent Monarch Casino & Resort, Inc. (NASDAQ:MCRI) news were published by: Seekingalpha.com which released: “Casino stocks gain after dealmaking accelerates – Seeking Alpha” on November 14, 2018, also Streetinsider.com with their article: “Baker Bros. Advisors 13F for Quarter Ended Sept. 30, 2018 – StreetInsider.com” published on November 14, 2018, Seekingalpha.com published: “Monarch Casino & Resort (MCRI) Presents At 30th Annual ROTH Conference – Slideshow – Seeking Alpha” on March 13, 2018. More interesting news about Monarch Casino & Resort, Inc. (NASDAQ:MCRI) were released by: Globenewswire.com and their article: “Monarch Casino & Resort Reports Second Quarter Net Revenue of $59.9 Million, Net Income of $9.2 Million and Adjusted EBITDA of $15.9 Million – GlobeNewswire” published on July 24, 2018 as well as Globenewswire.com‘s news article titled: “Monarch Casino & Resort to Participate at 2018 Wells Fargo Gaming, Hospitality and Leisure Conference – GlobeNewswire” with publication date: May 08, 2018.

Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada; and the Monarch Casino Black Hawk in Black Hawk, Colorado. The company has market cap of $703.24 million. As of February 22, 2017, its Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 824 guest rooms and suites; 8 food outlets; 2 espresso and pastry bars; a 30,000 square foot health spa and salon with an enclosed year-round pool; 2 retail outlets offering clothing and traditional gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. It has a 23.52 P/E ratio. The companyÂ’s Atlantis Casino Resort Spa also featured approximately 1,450 slot and video poker machines; approximately 38 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room.

Lafitte Capital Management Lp holds 16.03% of its portfolio in Monarch Casino & Resort, Inc. for 959,061 shares. Park West Asset Management Llc owns 1.54 million shares or 2.53% of their US portfolio. Moreover, Venator Capital Management Ltd. has 1.82% invested in the company for 60,452 shares. The Wisconsin-based Morgan Dempsey Capital Management Llc has invested 0.44% in the stock. Davenport & Co Llc, a Virginia-based fund reported 652,315 shares.

Analysts await Phillips 66 (NYSE:PSX) to report earnings on February, 1. They expect $1.95 earnings per share, up 82.24% or $0.88 from last year’s $1.07 per share. PSX’s profit will be $899.20 million for 11.72 P/E if the $1.95 EPS becomes a reality. After $3.10 actual earnings per share reported by Phillips 66 for the previous quarter, Wall Street now forecasts -37.10% negative EPS growth.

Since November 20, 2018, it had 1 buying transaction, and 0 insider sales for $1.98 million activity. FERGUSON J BRIAN bought $1.98 million worth of stock or 21,500 shares.

North Star Investment Management Corp increased Financial Select Sector Spdr (XLF) stake by 161,012 shares to 200,160 valued at $5.32M in 2018Q2. It also upped Microsoft (NASDAQ:MSFT) stake by 4,480 shares and now owns 126,590 shares. Ishares 1 (SHY) was raised too.

Among 9 analysts covering Phillips 66 (NYSE:PSX), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Phillips 66 had 11 analyst reports since July 16, 2018 according to SRatingsIntel. The stock of Phillips 66 (NYSE:PSX) has “Hold” rating given on Tuesday, October 16 by Jefferies. The firm earned “Outperform” rating on Monday, October 29 by Wells Fargo. The company was maintained on Friday, September 7 by Citigroup. The rating was maintained by Morgan Stanley on Tuesday, November 20 with “Equal-Weight”. The stock of Phillips 66 (NYSE:PSX) earned “Outperform” rating by Raymond James on Monday, October 29. The stock of Phillips 66 (NYSE:PSX) earned “Equal-Weight” rating by Morgan Stanley on Monday, July 16. U.S. Capital Advisors upgraded the stock to “Buy” rating in Friday, November 16 report. The stock of Phillips 66 (NYSE:PSX) earned “Neutral” rating by Citigroup on Wednesday, August 15. JP Morgan upgraded the shares of PSX in report on Tuesday, October 30 to “Overweight” rating. As per Wednesday, October 3, the company rating was upgraded by Barclays Capital.

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Institutional Positions Chart

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