Alon USA Energy Inc. (NYSE:ALJ) shares rose 5.7% during mid-day trading on Monday . The company traded as high as $6.92 and last traded at $6.90, with a volume of 678,531 shares trading hands. The stock had previously closed at $6.53.

ALJ has been the topic of a number of recent analyst reports. TheStreet cut Alon USA Energy from a “hold” rating to a “sell” rating in a research report on Friday, May 6th. Simmons cut their price objective on Alon USA Energy from $8.00 to $7.00 in a research note on Tuesday, April 12th. Credit Suisse Group AG cut their price objective on Alon USA Energy from $15.00 to $13.00 in a research note on Tuesday, April 12th. Zacks Investment Research raised Alon USA Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, July 5th. Finally, Wells Fargo & Co. reaffirmed a “hold” rating on shares of Alon USA Energy in a research note on Sunday, July 10th. Two analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $11.57.

The firm’s market cap is $475.06 million. The stock’s 50-day moving average is $6.83 and its 200 day moving average is $9.78.

Alon USA Energy (NYSE:ALJ) last announced its quarterly earnings data on Wednesday, May 4th. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.35) by $0.07. During the same quarter in the previous year, the business earned $0.30 EPS. The firm earned $894.97 million during the quarter, compared to analysts’ expectations of $927.91 million. The company’s revenue was down 18.9% on a year-over-year basis. On average, equities research analysts anticipate that Alon USA Energy Inc. will post ($0.85) EPS for the current year.

In other news, VP Michael Oster sold 47,000 shares of the stock in a transaction dated Thursday, May 19th. The stock was sold at an average price of $8.19, for a total transaction of $384,930.00. Following the transaction, the vice president now directly owns 62,300 shares in the company, valued at approximately $510,237. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeff D. Morris sold 25,000 shares of the stock in a transaction dated Tuesday, May 10th. The shares were sold at an average price of $8.67, for a total value of $216,750.00. Following the transaction, the insider now owns 1,486,653 shares in the company, valued at $12,889,281.51. The disclosure for this sale can be found here.

Several institutional investors have recently made changes to their positions in ALJ. BNP Paribas Arbitrage SA raised its position in shares of Alon USA Energy by 40.1% in the fourth quarter. BNP Paribas Arbitrage SA now owns 112,816 shares of the company’s stock valued at $1,674,000 after buying an additional 32,288 shares during the period. Matarin Capital Management LLC bought a new position in Alon USA Energy during the fourth quarter valued at about $2,540,000. Systematic Financial Management LP raised its position in Alon USA Energy by 281.1% in the fourth quarter. Systematic Financial Management LP now owns 457,097 shares of the company’s stock valued at $6,783,000 after buying an additional 337,157 shares during the last quarter. Deere & Co. raised its position in Alon USA Energy by 7.3% in the fourth quarter. Deere & Co. now owns 115,960 shares of the company’s stock valued at $1,721,000 after buying an additional 7,896 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. raised its position in Alon USA Energy by 0.7% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 153,359 shares of the company’s stock valued at $2,276,000 after buying an additional 1,058 shares during the last quarter.

Alon USA Energy, Inc is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company operates through three segments: refining and marketing, asphalt and retail. Its refineries produce petroleum products, including various grades of gasoline, diesel fuel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt and other petroleum-based products.

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