HollyFrontier Corp. (NYSE:HFC)’s share price traded down 2.2% during mid-day trading on Thursday . The company traded as low as $25.62 and last traded at $25.72, with a volume of 1,937,857 shares trading hands. The stock had previously closed at $26.31.

A number of equities analysts have issued reports on the stock. Barclays PLC decreased their price objective on shares of HollyFrontier Corp. from $41.00 to $39.00 and set an “overweight” rating on the stock in a research report on Thursday, May 5th. Vetr cut shares of HollyFrontier Corp. from a “strong-buy” rating to a “buy” rating and set a $28.32 price objective on the stock. in a research report on Wednesday, August 3rd. Goldman Sachs Group Inc. restated a “sell” rating on shares of HollyFrontier Corp. in a research report on Wednesday, June 29th. Zacks Investment Research upgraded shares of HollyFrontier Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, June 28th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of HollyFrontier Corp. from $32.00 to $28.00 and set a “neutral” rating on the stock in a research report on Friday, June 10th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $36.16.

The stock’s market cap is $4.52 billion. The stock has a 50-day moving average of $25.48 and a 200 day moving average of $29.56.

HollyFrontier Corp. (NYSE:HFC) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported $0.28 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by $0.04. During the same quarter in the previous year, the company earned $1.88 earnings per share. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.35 billion. HollyFrontier Corp.’s revenue for the quarter was down 26.7% compared to the same quarter last year. Analysts forecast that HollyFrontier Corp. will post $0.76 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 23rd. Investors of record on Tuesday, August 23rd will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend is Friday, August 19th.

A number of hedge funds and institutional investors recently bought and sold shares of HFC. Jennison Associates LLC increased its position in HollyFrontier Corp. by 85.5% in the fourth quarter. Jennison Associates LLC now owns 53,444 shares of the company’s stock valued at $2,132,000 after buying an additional 24,635 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in HollyFrontier Corp. by 41.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 114,591 shares of the company’s stock valued at $4,571,000 after buying an additional 33,329 shares in the last quarter. Bank of Montreal Can increased its position in HollyFrontier Corp. by 386.2% in the fourth quarter. Bank of Montreal Can now owns 314,254 shares of the company’s stock valued at $12,536,000 after buying an additional 249,618 shares in the last quarter. Finally, BlackRock Advisors LLC increased its position in HollyFrontier Corp. by 149.2% in the fourth quarter. BlackRock Advisors LLC now owns 391,116 shares of the company’s stock valued at $15,601,000 after buying an additional 234,163 shares in the last quarter.

HollyFrontier Corporation (HollyFrontier) is an independent petroleum refiner. The Company produces various refined products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. The Company operates through two segments: Refining and Holly Energy Partners, L.P.

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