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Schroder Investment Management Group sold shares of Phillips 66, which reported a significant Q4 loss.
Schroder Investment Management Group reduced its holdings in Phillips 66 (PSX) by selling 139,861 shares, leaving it with $6.10 million worth of stock.
Phillips 66 reported a Q4 loss of $0.15 per share, missing estimates by $1.38.
The company has a 4.66% dividend yield and a "Moderate Buy" rating with a price target of $146.43.
Institutional investors own 76.93% of Phillips 66's stock.
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Schroder Investment Management Group vendió acciones de Phillips 66, que reportó una pérdida significativa del Q4.