Montecito Bank & Trust Has Lifted Its Stake in Conocophillips (COP) by $738,122; R-M Sincerbeaux Capital Management Position in Williams Cos Del (WMB) Has Upped by $540,000 as Share Price Declined

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Montecito Bank & Trust increased its stake in Conocophillips (COP) by 61.81% based on its latest 2018Q3 regulatory filing with the SEC. Montecito Bank & Trust bought 9,586 shares as the company’s stock declined 8.36% with the market. The institutional investor held 25,096 shares of the integrated oil company at the end of 2018Q3, valued at $1.94 million, up from 15,510 at the end of the previous reported quarter. Montecito Bank & Trust who had been investing in Conocophillips for a number of months, seems to be bullish on the $77.16B market cap company. The stock increased 0.49% or $0.33 during the last trading session, reaching $67.78. About 5.84 million shares traded. ConocoPhillips (NYSE:COP) has risen 29.01% since February 14, 2018 and is uptrending. It has outperformed by 29.01% the S&P500. Some Historical COP News: 26/04/2018 – CONOCOPHILLIPS COP.N SAYS FULLY EXPOSED TO MIDLAND/CUSHING DIFFERENTIAL; 26/04/2018 – ConocoPhillips ups output forecast for 2018; 16/04/2018 – CONOCOPHILLIPS REPORTS SUCCESSFUL RESULTS OF 2018 WINTER; 07/05/2018 – CONOCOPHILLIPS TO PROVIDE CARIBBEAN ISLAND BONAIRE ACCESS TO A PORTION OF PDVSA’S OIL INVENTORIES RETAINED UNDER ATTACHMENT ORDER, FOR POWER GENERATION -DUTCH GOV SPOKESMAN; 29/03/2018 – CONOCOPHILLIPS COP.N : CITIGROUP RAISES TARGET PRICE TO $70 FROM $63; 06/03/2018 – At U.N., East Timor and Australia sign deal on maritime border; 15/05/2018 – CONOCOPHILLIPS COP.N CEO SAYS HAS FILED AGAINST PDVSA PDVSA.UL IN COURTS IN HONG KONG, LONDON AND ELSEWHERE; 11/05/2018 – EXCLUSIVE-PDVSA to shut Curacao refinery amid fight with Conoco; 26/04/2018 – Venezuela hails $2 bln award as “tough lesson” for Conoco; 07/05/2018 – Conoco aims to seize PDVSA oil inventories in Curacao

R-M Sincerbeaux Capital Management increased its stake in Williams Cos Inc Del (WMB) by 8.97% based on its latest 2018Q3 regulatory filing with the SEC. R-M Sincerbeaux Capital Management bought 20,000 shares as the company’s stock declined 15.57% with the market. The institutional investor held 242,850 shares of the public utilities company at the end of 2018Q3, valued at $6.60M, up from 222,850 at the end of the previous reported quarter. R-M Sincerbeaux Capital Management who had been investing in Williams Cos Inc Del for a number of months, seems to be bullish on the $32.72 billion market cap company. The stock increased 1.12% or $0.3 during the last trading session, reaching $27.03. About 9.23 million shares traded. The Williams Companies, Inc. (NYSE:WMB) has declined 15.42% since February 14, 2018 and is downtrending. It has underperformed by 15.42% the S&P500. Some Historical WMB News: 23/03/2018 – U.S. natgas Henry Hub premium over Marcellus on track for 5-yr low; 03/05/2018 – WMB: FERC FINAL ORDER NOT NEEDED TO MAKE STRUCTURE CHANGE; 03/05/2018 – WILLIAMS: ATLANTIC SUNRISE TIMING IS ‘WEATHER-DEPENDENT’ NOW; 23/04/2018 – Williams Partners Announces Quarterly Cash Distribution; 17/05/2018 – WILLIAMS COMPANIES – DEAL EXTENDS PERIOD FOR WHICH CO IS NOT EXPECTED TO BE A CASH TAXPAYER THROUGH 2024 AND PROVIDES MODEST G&A SAVINGS; 17/05/2018 – WILLIAMS SEES 2019 ADJ EBITDA $4.85B-$5.15B; 03/05/2018 – WILLIAMS TO UPDATE INVESTORS ON CO. PLAN AT ANALYST DAY MAY 17; 02/05/2018 – Williams Cos 1Q EPS 18c; 16/03/2018 – Williams, Williams Partners See No Impact on Guidance for Dividends; 16/03/2018 – WILLIAMS COMPANIES INC – FERC’S REVISED POLICY WILL ONLY IMPACT COST OF SERVICE RATE CALCULATIONS ON A PROSPECTIVE BASIS

Montecito Bank & Trust, which manages about $335.10M US Long portfolio, decreased its stake in Spdr Bbg Barc Convertible (CWB) by 97,528 shares to 118,097 shares, valued at $6.37 million in 2018Q3, according to the filing. It also reduced its holding in Ishares Msci Eafe Etf (EFA) by 61,833 shares in the quarter, leaving it with 199,652 shares, and cut its stake in Spdr S&P Oil & Gas Exp & Pr (XOP).

Since August 22, 2018, it had 0 buys, and 4 insider sales for $20.77 million activity. Wallette Don E Jr. had sold 59,432 shares worth $4.27M. The insider Lance Ryan Michael sold 160,064 shares worth $11.54 million. 50,000 ConocoPhillips (NYSE:COP) shares with value of $3.62 million were sold by KELLY JANET LANGFORD.

Investors sentiment increased to 0.94 in 2018 Q3. Its up 0.07, from 0.87 in 2018Q2. It is positive, as 45 investors sold COP shares while 469 reduced holdings. 120 funds opened positions while 361 raised stakes. 789.31 million shares or 1.47% less from 801.11 million shares in 2018Q2 were reported. The Pennsylvania-based Rodgers Brothers Inc has invested 0.34% in ConocoPhillips (NYSE:COP). Zeke Ltd Liability holds 0.27% or 43,233 shares in its portfolio. Wolverine Asset Management Limited Liability has invested 0.02% in ConocoPhillips (NYSE:COP). Verition Fund Mngmt Lc owns 35,326 shares. Field & Main Bank invested in 0.17% or 2,447 shares. Linscomb And Williams Inc reported 12,684 shares. Mackenzie Fincl Corporation stated it has 0.16% in ConocoPhillips (NYSE:COP). Steinberg Global Asset holds 3,694 shares. Pittenger & Anderson invested 0.03% in ConocoPhillips (NYSE:COP). First Mercantile Tru stated it has 19,333 shares. Massachusetts-based Srb Corp has invested 0.06% in ConocoPhillips (NYSE:COP). Oakworth Inc owns 6,904 shares for 0.11% of their portfolio. Moreover, Scholtz Communications Ltd Liability has 0.87% invested in ConocoPhillips (NYSE:COP) for 17,850 shares. Korea Investment Corp owns 1.41M shares. Moreover, Intrust Bancshares Na has 0.75% invested in ConocoPhillips (NYSE:COP).

More notable recent ConocoPhillips (NYSE:COP) news were published by: Investorplace.com which released: “ConocoPhillips Stock Is a Growth and Income Double-Whammy – Investorplace.com” on February 01, 2019, also Seekingalpha.com with their article: “ConocoPhillips Q4 2018 Earnings Preview – Seeking Alpha” published on January 30, 2019, Seekingalpha.com published: “ConocoPhillips 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on January 31, 2019. More interesting news about ConocoPhillips (NYSE:COP) were released by: Benzinga.com and their article: “ConocoPhillips (NYSE:COP) – ConocoPhillips Q4 Earnings Preview – Benzinga” published on January 30, 2019 as well as Seekingalpha.com‘s news article titled: “ConocoPhillips: A Buy? – Seeking Alpha” with publication date: February 01, 2019.

Among 28 analysts covering ConocoPhillips (NYSE:COP), 17 have Buy rating, 1 Sell and 10 Hold. Therefore 61% are positive. ConocoPhillips had 120 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by RBC Capital Markets on Thursday, September 20 to “Sector Perform”. RBC Capital Markets maintained it with “Outperform” rating and $50 target in Friday, February 5 report. The stock of ConocoPhillips (NYSE:COP) has “Buy” rating given on Friday, February 9 by Citigroup. The stock has “Hold” rating by Credit Suisse on Monday, December 11. The firm has “Buy” rating by Societe Generale given on Wednesday, January 11. The stock has “Neutral” rating by Goldman Sachs on Thursday, June 22. RBC Capital Markets maintained the stock with “Buy” rating in Friday, July 14 report. The firm earned “Buy” rating on Thursday, March 30 by UBS. The stock of ConocoPhillips (NYSE:COP) earned “Buy” rating by RBC Capital Markets on Tuesday, June 13. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, January 12 report.

Investors sentiment increased to 3.56 in Q3 2018. Its up 2.30, from 1.26 in 2018Q2. It is positive, as 27 investors sold WMB shares while 100 reduced holdings. 131 funds opened positions while 321 raised stakes. 2.12 billion shares or 205.40% more from 693.72 million shares in 2018Q2 were reported. 7,520 are held by Prio Wealth L P. Pinnacle Ptnrs holds 0.07% in The Williams Companies, Inc. (NYSE:WMB) or 29,532 shares. Ftb Advsrs holds 0.01% in The Williams Companies, Inc. (NYSE:WMB) or 252 shares. Hartford Mgmt has 26,744 shares. Hsbc Holdg Public Lc holds 0.04% in The Williams Companies, Inc. (NYSE:WMB) or 978,455 shares. Tradewinds Capital Ltd Liability Corp invested in 0% or 250 shares. Jefferies Group Inc Limited Liability Company invested in 0.05% or 272,171 shares. Lpl Financial Limited Co holds 0.01% or 213,384 shares in its portfolio. Cetera Advisors Ltd Co holds 9,800 shares. Capstone Invest Advsrs owns 9,689 shares for 0% of their portfolio. Rampart Invest Co Lc holds 0.14% in The Williams Companies, Inc. (NYSE:WMB) or 18,832 shares. Point72 Asset LP invested in 0.1% or 935,714 shares. 1.00 million are owned by Lord Abbett And Ltd. 155,552 are held by Norinchukin Savings Bank The. Livingston Group Asset Mngmt (Operating As Southport Cap Management) reported 0% of its portfolio in The Williams Companies, Inc. (NYSE:WMB).

Among 24 analysts covering Williams Companies Inc. (NYSE:WMB), 19 have Buy rating, 0 Sell and 5 Hold. Therefore 79% are positive. Williams Companies Inc. had 70 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Overweight” rating by Morgan Stanley on Friday, November 17. Jefferies maintained The Williams Companies, Inc. (NYSE:WMB) rating on Monday, October 16. Jefferies has “Buy” rating and $34.0 target. Barclays Capital upgraded The Williams Companies, Inc. (NYSE:WMB) on Wednesday, January 16 to “Overweight” rating. Jefferies maintained the stock with “Buy” rating in Wednesday, June 8 report. Morgan Stanley maintained The Williams Companies, Inc. (NYSE:WMB) on Thursday, August 16 with “Overweight” rating. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Market Perform” rating by Bernstein on Tuesday, March 27. The firm has “Buy” rating by RBC Capital Markets given on Sunday, October 15. On Tuesday, March 27 the stock rating was maintained by Bank of America with “Buy”. UBS maintained The Williams Companies, Inc. (NYSE:WMB) rating on Friday, March 2. UBS has “Buy” rating and $36 target. Barclays Capital downgraded The Williams Companies, Inc. (NYSE:WMB) rating on Wednesday, January 11. Barclays Capital has “Equal-Weight” rating and $28 target.

ConocoPhillips (NYSE:COP) Institutional Positions Chart