Versor Investments LP Purchases 9,600 Shares of Phillips 66 $PSX

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Versor Investments LP significantly increased its stake in Phillips 66 by 480% in the fourth quarter, adding 9,600 shares to own a total of 11,600 shares valued at approximately $1.5 million. This comes after Phillips 66 reported better-than-expected earnings of $0.49 EPS, exceeding analyst expectations, and a 6.9% year-over-year revenue increase to $32.54 billion. The company also declared a quarterly dividend of $1.27 per share, offering an annualized yield of about 2.9%.

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