Systematic Financial Management LP owned about 0.31% of HollyFrontier at the end of the most recent quarter. Finally, Toronto Dominion Bank lifted its holdings in shares of HollyFrontier by 6.3% during the second quarter. Cornerstone Capital Management Holdings LLC. boosted its stake in HollyFrontier by 741.1% during the 2nd quarter. Toronto Dominion Bank increased its position in shares of HollyFrontier by 6.3% in the 2nd quarter. Principal Financial Group Inc. now owns 4,204,355 shares of the oil and gas company's stock valued at $115,495,000 after purchasing an additional 2,373,560 shares during the period. World Asset Management Inc boosted its holdings in HollyFrontier by 1.1% in the second quarter. Bank of New York Mellon Corp now owns 2,760,488 shares of the oil and gas company's stock valued at $75,829,000 after acquiring an additional 11,604 shares in the last quarter. FNY Managed Accounts LLC purchased a new position in shares of HollyFrontier in the 3rd quarter valued at approximately $163,000.
In other news, Director Michael Jennings sold 4,500 shares of the firm's stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $44.50, for a total value of $200,250.00. Schroder Investment Management Group now owns 3,601,605 shares of the oil and gas company's stock valued at $100,845,000 after purchasing an additional 184,984 shares during the period. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.51% of the company's stock.
Shares of HollyFrontier Corporation (NYSE HFC) traded up $0.22 on Thursday, hitting $45.32. HollyFrontier Corporation has a 12 month low of $23.46 and a 12 month high of $46.16. The company has a market cap of $7,854.97, a P/E ratio of 28.59, a P/E/G ratio of 1.99 and a beta of 1.31.
HollyFrontier (NYSE:HFC) last announced its earnings results on Wednesday, November 1st. The oil and gas company reported $1.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.25. HollyFrontier Corp had a negative net margin of 3.40% and a positive return on equity of 3.30%. The business had revenue of $3.72 billion during the quarter, compared to analysts' expectations of $3.24 billion. Equities analysts predict that HollyFrontier Corp will post $1.36 earnings per share for the current fiscal year. The business's quarterly revenue was up 30.6% compared to the same quarter past year. This represents a $1.32 annualized dividend and a yield of 2.91%. Nasdaq.com's news article titled: "HollyFrontier Corporation (HFC) Ex-Dividend Date Scheduled for November 20, 2017" with publication date: November 17, 2017 was also an interesting one. HollyFrontier's dividend payout ratio (DPR) is presently 69.47%.
A number of other analysts also recently issued reports on HFC. Zacks Investment Research cut shares of HollyFrontier from a "buy" rating to a "hold" rating in a research report on Tuesday. Deutsche Bank upgraded it to "Buy" rating and $38 target in Wednesday, January 4 report. The firm has "Hold" rating given on Tuesday, November 1 by Tudor Pickering. Barclays Capital maintained HollyFrontier Corporation (NYSE:HFC) rating on Thursday, November 2. The brokerage now has $53.00 price objective on the oil and gas company's stock. Finally, Argus upgraded shares of HollyFrontier from a "hold" rating to a "buy" rating and set a $53.00 price objective for the company in a research note on Monday, November 20th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. $38.07's average target is -15.81% below currents $45.22 stock price.
COPYRIGHT VIOLATION NOTICE: "Icon Advisers Inc. Co". The stock of HollyFrontier Corporation (NYSE:HFC) earned "Buy" rating by RBC Capital Markets on Thursday, July 20. If you are accessing this news story on another site, it was stolen and republished in violation of United States and global copyright and trademark legislation. It is positive, as 48 investors sold HollyFrontier Corporation shares while 93 reduced holdings.
HollyFrontier Corp Company Profile HollyFrontier Corporation is an independent petroleum refiner. It segments include Refining and Holly Energy Partners, L.P. (HEP). The Refining segment includes the operations of the Company's El Dorado, Kansas (the El Dorado Refinery); refinery facilities located in Tulsa, Oklahoma (collectively, the Tulsa Refineries); a refinery in Artesia, New Mexico that is operated in conjunction with crude oil distillation and vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively, the Navajo Refinery); refinery located in Cheyenne, Wyoming (the Cheyenne Refinery); a refinery in Woods Cross, Utah (the Woods Cross Refinery), and HollyFrontier Asphalt Company (HFC Asphalt).