Aperio Group LLC Has $1.51 Million Stake in HollyFrontier Corp (HFC)
Aperio Group LLC raised its position in HollyFrontier Corp (NYSE:HFC) by 18.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,803 shares of the oil and gas company’s stock after buying an additional 8,516 shares during the period. Aperio Group LLC’s holdings in HollyFrontier Corp were worth $1,505,000 as of its most recent filing with the SEC.
Other large investors have also bought and sold shares of the company. Utah Retirement Systems raised its stake in HollyFrontier Corp by 0.3% in the first quarter. Utah Retirement Systems now owns 29,582 shares of the oil and gas company’s stock worth $838,000 after buying an additional 100 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in HollyFrontier Corp by 0.6% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 25,037 shares of the oil and gas company’s stock valued at $710,000 after buying an additional 143 shares during the period. Mn Services Vermogensbeheer B.V. raised its stake in HollyFrontier Corp by 5.6% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,472 shares of the oil and gas company’s stock valued at $118,000 after buying an additional 236 shares during the period. Northwestern Mutual Investment Management Company LLC raised its stake in HollyFrontier Corp by 0.9% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 30,565 shares of the oil and gas company’s stock valued at $866,000 after buying an additional 267 shares during the period. Finally, World Asset Management Inc raised its stake in HollyFrontier Corp by 1.8% in the first quarter. World Asset Management Inc now owns 15,640 shares of the oil and gas company’s stock valued at $443,000 after buying an additional 280 shares during the period. Institutional investors own 84.94% of the company’s stock.
HollyFrontier Corp (NYSE:HFC) traded up 0.46% on Friday, hitting $28.56. 1,937,317 shares of the stock were exchanged. The stock has a market cap of $5.01 billion, a price-to-earnings ratio of 36.24 and a beta of 1.24. The company has a 50-day moving average of $28.11 and a 200-day moving average of $27.67. HollyFrontier Corp has a 12 month low of $22.63 and a 12 month high of $34.78.
HollyFrontier Corp (NYSE:HFC) last released its quarterly earnings data on Wednesday, August 2nd. The oil and gas company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.20. HollyFrontier Corp had a net margin of 2.14% and a return on equity of 5.00%. The firm had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $3.24 billion. During the same period in the previous year, the company earned $0.28 earnings per share. The firm’s quarterly revenue was up 27.4% on a year-over-year basis. On average, equities analysts predict that HollyFrontier Corp will post $1.23 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Wednesday, August 23rd will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, August 21st. This represents a $1.32 annualized dividend and a dividend yield of 4.62%. HollyFrontier Corp’s payout ratio is 167.09%.
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Several equities research analysts have commented on the stock. US Capital Advisors reiterated a “hold” rating on shares of HollyFrontier Corp in a research note on Monday, May 22nd. Zacks Investment Research upgraded shares of HollyFrontier Corp from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. BidaskClub lowered shares of HollyFrontier Corp from a “buy” rating to a “hold” rating in a research note on Friday. Scotiabank set a $29.00 price objective on shares of HollyFrontier Corp and gave the company a “hold” rating in a research note on Monday, June 26th. Finally, Simmons reiterated a “neutral” rating and issued a $25.00 price objective (down previously from $27.00) on shares of HollyFrontier Corp in a research note on Wednesday, July 12th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $30.32.
HollyFrontier Corp Company Profile
HollyFrontier Corporation is an independent petroleum refiner. The Company produces various light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. 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).
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