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Highland Capital Management LLC Takes $1.85 Million Position in Phillips 66 $PSX
Highland Capital Management LLC has acquired a new stake of 14,333 shares in Phillips 66 (NYSE:PSX), valued at approximately $1.85 million, during the fourth quarter. Phillips 66 recently reported strong quarterly earnings, beating EPS estimates, and announced a quarterly dividend of $1.27 per share. Several other institutional investors also modified their holdings in PSX, with institutional ownership now at 76.93%.