Public Employees Retirement System of Ohio increased its stake in Alon USA Energy, Inc. (NYSE:ALJ) by 2.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,004 shares of the oil and gas company’s stock after buying an additional 349 shares during the period. Public Employees Retirement System of Ohio’s holdings in Alon USA Energy were worth $159,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of ALJ. Sheaff Brock Investment Advisors LLC increased its position in shares of Alon USA Energy by 4.5% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 11,667 shares of the oil and gas company’s stock valued at $142,000 after buying an additional 500 shares during the period. Hanseatic Management Services Inc. bought a new position in shares of Alon USA Energy during the first quarter valued at about $168,000. American International Group Inc. increased its position in shares of Alon USA Energy by 7.1% in the first quarter. American International Group Inc. now owns 19,439 shares of the oil and gas company’s stock valued at $237,000 after buying an additional 1,288 shares during the period. Norges Bank bought a new position in shares of Alon USA Energy during the fourth quarter valued at about $289,000. Finally, Metropolitan Life Insurance Co. NY increased its position in shares of Alon USA Energy by 12.3% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 26,595 shares of the oil and gas company’s stock valued at $303,000 after buying an additional 2,913 shares during the period. Institutional investors and hedge funds own 49.46% of the company’s stock.

Shares of Alon USA Energy, Inc. (NYSE ALJ) traded down 0.60% during mid-day trading on Friday, reaching $13.32. The company’s stock had a trading volume of 1,256,889 shares. The company has a 50-day moving average of $12.92 and a 200-day moving average of $12.12. Alon USA Energy, Inc. has a 12 month low of $5.86 and a 12 month high of $13.97.

Alon USA Energy (NYSE:ALJ) last announced its quarterly earnings results on Monday, May 8th. The oil and gas company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.27. Alon USA Energy had a return on equity of 5.65% and a net margin of 0.89%. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the firm posted ($0.42) earnings per share. The business’s revenue for the quarter was up 35.4% on a year-over-year basis. Equities research analysts forecast that Alon USA Energy, Inc. will post ($0.17) earnings per share for the current fiscal year.

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Several brokerages recently issued reports on ALJ. TheStreet upgraded shares of Alon USA Energy from a “d+” rating to a “c” rating in a research report on Monday, May 8th. Citigroup Inc. reiterated a “buy” rating and set a $14.50 price target (down previously from $16.00) on shares of Alon USA Energy in a research report on Saturday, April 22nd. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $11.50.

About Alon USA Energy

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’s segments include refining and marketing, asphalt and retail. Its refineries produce petroleum products, including various grades of gasoline, diesel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt, and other petroleum-based products.

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Institutional Ownership by Quarter for Alon USA Energy (NYSE:ALJ)

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