Greif, Inc. (GEF) Reaches $54.32 Formed H&S; Cushing Asset Management LP Has Raised Its Phillips 66 Partners LP (PSXP) Holding

Greif, Inc. (GEF) formed H&S with $49.43 target or 9.00% below today’s $54.32 share price. Greif, Inc. (GEF) has $2.72 billion valuation. The stock decreased 0.33% or $0.18 during the last trading session, reaching $54.32. About 56,484 shares traded. Greif, Inc. (NYSE:GEF) has risen 67.37% since March 14, 2017 and is uptrending. It has outperformed by 50.67% the S&P500.

Cushing Asset Management Lp increased Phillips 66 Partners Lp (PSXP) stake by 19.54% reported in 2017Q3 SEC filing. Cushing Asset Management Lp acquired 316,953 shares as Phillips 66 Partners Lp (PSXP)’s stock declined 5.80%. The Cushing Asset Management Lp holds 1.94 million shares with $101.91 million value, up from 1.62 million last quarter. Phillips 66 Partners Lp now has $6.25B valuation. The stock decreased 1.05% or $0.545 during the last trading session, reaching $51.365. About 14,267 shares traded. Phillips 66 Partners LP (NYSE:PSXP) has declined 0.26% since March 14, 2017 and is downtrending. It has underperformed by 16.96% the S&P500.

Analysts await Greif, Inc. (NYSE:GEF) to report earnings on June, 6. They expect $0.85 EPS, up 26.87% or $0.18 from last year’s $0.67 per share. GEF’s profit will be $42.61 million for 15.98 P/E if the $0.85 EPS becomes a reality. After $0.49 actual EPS reported by Greif, Inc. for the previous quarter, Wall Street now forecasts 73.47% EPS growth.

Since September 27, 2017, it had 0 insider buys, and 1 sale for $5,514 activity. LINGREL DOUGLAS W sold $5,514 worth of stock or 94 shares.

Among 7 analysts covering Greif (NYSE:GEF), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. Greif had 40 analyst reports since August 11, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, September 1 by Bank of America. Bank of America upgraded the stock to “Buy” rating in Friday, January 27 report. The stock of Greif, Inc. (NYSE:GEF) earned “Sell” rating by Zacks on Tuesday, August 25. The stock has “Buy” rating by Bank of America on Tuesday, January 2. The rating was maintained by BMO Capital Markets on Monday, April 24 with “Hold”. The stock of Greif, Inc. (NYSE:GEF) earned “Hold” rating by BMO Capital Markets on Monday, September 18. The firm earned “Hold” rating on Friday, May 26 by BMO Capital Markets. Bank of America upgraded the stock to “Buy” rating in Tuesday, September 6 report. DA Davidson downgraded the shares of GEF in report on Monday, November 21 to “Underperform” rating. On Monday, November 21 the stock rating was downgraded by Wells Fargo to “Market Perform”.

Investors sentiment increased to 1.2 in Q3 2017. Its up 0.03, from 1.17 in 2017Q2. It improved, as 12 investors sold Greif, Inc. shares while 65 reduced holdings. 31 funds opened positions while 59 raised stakes. 22.47 million shares or 0.15% more from 22.43 million shares in 2017Q2 were reported. First Citizens Bancorp & invested in 0.03% or 4,021 shares. Bnp Paribas Arbitrage owns 14,215 shares. Financial Bank Of Mellon owns 0.01% invested in Greif, Inc. (NYSE:GEF) for 395,896 shares. Visionary Asset Management Inc owns 5,480 shares. 88,741 were reported by California Public Employees Retirement Systems. Wedge Mngmt L L P Nc holds 0% of its portfolio in Greif, Inc. (NYSE:GEF) for 5,769 shares. Quantbot Tech Lp owns 4,376 shares for 0.02% of their portfolio. Art Ltd Company reported 13,200 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Greif, Inc. (NYSE:GEF) for 1,016 shares. Robeco Institutional Asset Mngmt Bv holds 28,258 shares. The Maryland-based Price T Rowe Incorporated Md has invested 0% in Greif, Inc. (NYSE:GEF). 23,334 are owned by Magnetar Ltd Liability Company. Panagora Asset Incorporated invested in 0% or 2,000 shares. Northwestern Mutual Wealth Mngmt has 0% invested in Greif, Inc. (NYSE:GEF). Keybank Association Oh accumulated 9,400 shares.

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 50 analyst reports since August 4, 2015 according to SRatingsIntel. Wells Fargo downgraded the stock to “Market Perform” rating in Tuesday, May 3 report. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 25. As per Monday, January 29, the company rating was maintained by Scotia Capital. The rating was upgraded by Goldman Sachs on Tuesday, October 17 to “Hold”. The company was maintained on Sunday, October 1 by RBC Capital Markets. Morgan Stanley initiated Phillips 66 Partners LP (NYSE:PSXP) rating on Thursday, February 25. Morgan Stanley has “Overweight” rating and $69 target. On Monday, July 17 the stock rating was maintained by Citigroup with “Buy”. maintained it with “Buy” rating and $57 target in Monday, October 10 report. As per Monday, June 19, the company rating was maintained by RBC Capital Markets. The stock has “Buy” rating by Evercore on Thursday, September 3.

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