HollyFrontier Corp (HFC) Shares Bought by CSat Investment Advisory L.P.

CSat Investment Advisory L.P. increased its position in HollyFrontier Corp (NYSE:HFC) by 126.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 528 shares of the oil and gas company’s stock after purchasing an additional 295 shares during the period. CSat Investment Advisory L.P.’s holdings in HollyFrontier were worth $27,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its position in HollyFrontier by 3,730.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,828,019 shares of the oil and gas company’s stock valued at $75,000 after acquiring an additional 3,728,093 shares during the period. AQR Capital Management LLC increased its position in HollyFrontier by 43.8% in the 3rd quarter. AQR Capital Management LLC now owns 9,453,335 shares of the oil and gas company’s stock valued at $660,788,000 after acquiring an additional 2,880,492 shares during the period. Janus Henderson Group PLC increased its position in HollyFrontier by 51.9% in the 3rd quarter. Janus Henderson Group PLC now owns 2,663,824 shares of the oil and gas company’s stock valued at $186,201,000 after acquiring an additional 909,900 shares during the period. LSV Asset Management increased its position in HollyFrontier by 304.5% in the 4th quarter. LSV Asset Management now owns 1,181,037 shares of the oil and gas company’s stock valued at $60,374,000 after acquiring an additional 889,049 shares during the period. Finally, Northern Trust Corp increased its position in HollyFrontier by 17.8% in the 4th quarter. Northern Trust Corp now owns 2,807,613 shares of the oil and gas company’s stock valued at $143,525,000 after acquiring an additional 423,524 shares during the period. 87.16% of the stock is owned by institutional investors and hedge funds.

In related news, Director Michael Jennings sold 9,000 shares of the stock in a transaction on Friday, February 22nd. The stock was sold at an average price of $55.27, for a total value of $497,430.00. Following the transaction, the director now directly owns 18,899 shares of the company’s stock, valued at approximately $1,044,547.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.49% of the company’s stock.

Several equities analysts have issued reports on the company. Jefferies Financial Group reiterated a “hold” rating and set a $49.00 target price on shares of HollyFrontier in a research report on Tuesday, January 29th. Zacks Investment Research upgraded HollyFrontier from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Morgan Stanley assumed coverage on HollyFrontier in a research report on Tuesday, February 12th. They set an “equal weight” rating and a $65.00 target price on the stock. ValuEngine upgraded HollyFrontier from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Finally, Credit Suisse Group dropped their target price on HollyFrontier from $63.00 to $61.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 3rd. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company’s stock. HollyFrontier currently has an average rating of “Hold” and an average target price of $70.38.

Shares of HollyFrontier stock traded down $1.76 during trading hours on Monday, reaching $48.49. 2,077,546 shares of the company’s stock were exchanged, compared to its average volume of 2,144,347. HollyFrontier Corp has a 52-week low of $46.75 and a 52-week high of $83.28. The firm has a market cap of $8.47 billion, a PE ratio of 7.53, a P/E/G ratio of 1.02 and a beta of 1.16. The company has a quick ratio of 1.66, a current ratio of 2.82 and a debt-to-equity ratio of 0.37.

HollyFrontier (NYSE:HFC) last issued its quarterly earnings results on Wednesday, February 20th. The oil and gas company reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.26. The company had revenue of $4.34 billion for the quarter, compared to analyst estimates of $4.41 billion. HollyFrontier had a return on equity of 17.85% and a net margin of 6.20%. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.70 EPS. Equities research analysts anticipate that HollyFrontier Corp will post 4.86 EPS for the current year.

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About HollyFrontier

HollyFrontier Corporation operates as an independent petroleum refiner in the United States. The company operates through three segments: Refining, Lubricants and Specialty Products, and HEP. It primarily produces high-value light products, such as gasoline, diesel and jet fuel, and specialty lubricant products, as well as specialty and modified asphalt.

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Institutional Ownership by Quarter for HollyFrontier (NYSE:HFC)

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