Chickasaw Capital Management Decreased Its Phillips 66 Partners LP (PSXP) Holding; Shorts at Nutanix Class A (NTNX) Lowered By 16.01%

February 18, 2018 - By Richard Conner

Chickasaw Capital Management Llc decreased Phillips 66 Partners Lp (PSXP) stake by 1.76% reported in 2017Q3 SEC filing. Chickasaw Capital Management Llc sold 51,733 shares as Phillips 66 Partners Lp (PSXP)’s stock declined 5.80%. The Chickasaw Capital Management Llc holds 2.90M shares with $152.17 million value, down from 2.95M last quarter. Phillips 66 Partners Lp now has $6.11 billion valuation. The stock increased 0.18% or $0.09 during the last trading session, reaching $50.25. About 489,105 shares traded or 54.32% up from the average. Phillips 66 Partners LP (NYSE:PSXP) has declined 0.26% since February 18, 2017 and is downtrending. It has underperformed by 16.96% the S&P500.

Nutanix Class A (NASDAQ:NTNX) had a decrease of 16.01% in short interest. NTNX’s SI was 12.02 million shares in February as released by FINRA. Its down 16.01% from 14.31 million shares previously. With 4.27 million avg volume, 3 days are for Nutanix Class A (NASDAQ:NTNX)’s short sellers to cover NTNX’s short positions. The SI to Nutanix Class A’s float is 33.82%. The stock decreased 1.01% or $0.35 during the last trading session, reaching $34.47. About 1.92M shares traded. Nutanix, Inc. (NASDAQ:NTNX) has 0.00% since February 18, 2017 and is . It has underperformed by 16.70% 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 49 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Wednesday, October 18. Stifel Nicolaus maintained Phillips 66 Partners LP (NYSE:PSXP) rating on Thursday, June 22. Stifel Nicolaus has “Buy” rating and $6300 target. The company was downgraded on Wednesday, January 17 by Barclays Capital. The firm has “Hold” rating by Jefferies given on Thursday, June 1. The rating was maintained by RBC Capital Markets with “Buy” on Sunday, November 5. The firm has “Buy” rating by Stifel Nicolaus given on Sunday, February 4. Barclays Capital maintained Phillips 66 Partners LP (NYSE:PSXP) rating on Monday, October 30. Barclays Capital has “Overweight” rating and $59 target. The stock has “Buy” rating by Barclays Capital on Tuesday, July 18. The firm has “Hold” rating given on Tuesday, August 23 by Jefferies. The firm earned “Buy” rating on Monday, October 30 by Stifel Nicolaus.

Chickasaw Capital Management Llc increased Magellan Midstream Partners Lp (NYSE:MMP) stake by 23,714 shares to 2.67 million valued at $189.45M in 2017Q3. It also upped Targa Resources Corp (NYSE:TRGP) stake by 341,887 shares and now owns 8.26M shares. Genesis Energy Lp (NYSE:GEL) was raised too.

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.19, from 1 in 2017Q2. It is positive, as 15 investors sold PSXP shares while 38 reduced holdings. 16 funds opened positions while 47 raised stakes. 42.99 million shares or 2.08% more from 42.11 million shares in 2017Q2 were reported. Comml Bank Of Montreal Can holds 0% or 43,000 shares. Texas Yale Cap holds 0.26% or 56,706 shares in its portfolio. Caxton LP holds 0.07% or 39,829 shares in its portfolio. Bb&T Secs Limited Co has invested 0% in Phillips 66 Partners LP (NYSE:PSXP). Beach Investment Counsel Pa stated it has 7,340 shares. Westwood reported 1.17 million shares. State Of New Jersey Common Pension Fund D reported 0.02% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP). Yorkville Mngmt Ltd Liability accumulated 3.54% or 58,279 shares. State Street Corporation holds 0% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP) for 5,306 shares. Royal National Bank & Trust Of Canada holds 0% or 38,329 shares. Sei Com reported 0% in Phillips 66 Partners LP (NYSE:PSXP). Neuberger Berman Group Ltd accumulated 11,475 shares. Century Inc has 770,376 shares. Energ Income Partners Limited Company reported 2.34 million shares or 2.27% of all its holdings. Glenmede Tru Na reported 43,760 shares stake.

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By1 Richard Conner

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