Roundview Capital LLC lowered its stake in shares of PBF Energy Inc. (NYSE:PBF) by 18.0% during the fourth quarter, Holdings Channel reports. The firm owned 90,730 shares of the company’s stock after selling 19,910 shares during the period. Roundview Capital LLC owned approximately 0.09% of PBF Energy worth $2,530,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Anchor Capital Advisors LLC purchased a new position in shares of PBF Energy during the second quarter valued at approximately $20,597,000. New Amsterdam Partners LLC NY raised its position in shares of PBF Energy by 2.7% in the second quarter. New Amsterdam Partners LLC NY now owns 302,972 shares of the company’s stock valued at $7,205,000 after buying an additional 7,873 shares during the period. Monashee Investment Management LLC purchased a new position in shares of PBF Energy during the second quarter valued at approximately $476,000. Towle & Co. raised its position in shares of PBF Energy by 19.0% in the second quarter. Towle & Co. now owns 763,405 shares of the company’s stock valued at $18,154,000 after buying an additional 121,644 shares during the period. Finally, Neuberger Berman Group LLC raised its position in shares of PBF Energy by 185.5% in the second quarter. Neuberger Berman Group LLC now owns 18,556 shares of the company’s stock valued at $441,000 after buying an additional 12,057 shares during the period. Hedge funds and other institutional investors own 98.70% of the company’s stock.

Institutional Ownership by Quarter for PBF Energy (NYSE:PBF)

PBF Energy Inc. (NYSE:PBF) traded down 2.20% during trading on Thursday, reaching $24.02. The company had a trading volume of 3,031,086 shares. The company’s market capitalization is $2.36 billion. PBF Energy Inc. has a one year low of $19.47 and a one year high of $35.67. The firm’s 50 day moving average is $24.53 and its 200 day moving average is $23.79.

PBF Energy (NYSE:PBF) last announced its quarterly earnings data on Thursday, February 16th. The company reported ($0.71) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by $0.49. PBF Energy had a negative net margin of 0.02% and a positive return on equity of 0.11%. The business earned $4.75 billion during the quarter, compared to analysts’ expectations of $4.16 billion. During the same quarter in the previous year, the firm earned $0.70 earnings per share. PBF Energy’s revenue was up 41.3% on a year-over-year basis. On average, equities research analysts predict that PBF Energy Inc. will post ($1.16) earnings per share for the current year.

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Several equities analysts have recently commented on PBF shares. Howard Weil lowered PBF Energy from a “focus stock” rating to a “sector outperform” rating and reduced their price objective for the company from $29.00 to $24.00 in a research report on Wednesday, October 19th. Scotiabank lowered PBF Energy from a “focus stock” rating to an “outperform” rating and reduced their price objective for the company from $29.00 to $24.00 in a research report on Friday, October 21st. Zacks Investment Research upgraded PBF Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 22nd. Tudor Pickering upgraded PBF Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, November 1st. Finally, Wolfe Research upgraded PBF Energy from a “peer perform” rating to an “outperform” rating in a research report on Monday, November 14th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $25.25.

About PBF Energy

PBF Energy Inc (PBF Energy) is a holding company. The Company is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company operates through two segments: Refining and Logistics.

5 Day Chart for NYSE:PBF

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