HollyFrontier Corp. (NYSE:HFC) announced a quarterly dividend on Thursday, November 10th. Investors of record on Monday, November 28th will be paid a dividend of 0.33 per share on Friday, December 16th. This represents a $1.32 annualized dividend and a yield of 5.07%. The ex-dividend date of this dividend is Wednesday, November 23rd.

Shares of HollyFrontier Corp. (NYSE:HFC) opened at 26.06 on Friday. The company has a 50-day moving average of $24.43 and a 200 day moving average of $26.01. HollyFrontier Corp. has a 52 week low of $22.07 and a 52 week high of $51.13. The firm’s market capitalization is $4.58 billion.

HollyFrontier Corp. (NYSE:HFC) last posted its quarterly earnings results on Thursday, November 3rd. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.02. HollyFrontier Corp. had a negative net margin of 3.40% and a positive return on equity of 3.30%. The firm earned $2.85 billion during the quarter, compared to the consensus estimate of $2.60 billion. During the same period in the previous year, the firm posted $1.82 earnings per share. The business’s revenue was down 20.6% compared to the same quarter last year. Equities research analysts anticipate that HollyFrontier Corp. will post $0.72 earnings per share for the current year.

Dividend History for HollyFrontier Corp. (NYSE:HFC)

Several research firms have weighed in on HFC. TheStreet downgraded shares of HollyFrontier Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 3rd. Morgan Stanley reaffirmed a “sell” rating and issued a $26.00 price target on shares of HollyFrontier Corp. in a research note on Thursday, September 1st. Vetr downgraded shares of HollyFrontier Corp. from a “buy” rating to a “hold” rating and set a $27.67 price target for the company. in a research note on Monday, August 15th. Howard Weil downgraded shares of HollyFrontier Corp. from a “sector outperform” rating to a “sector perform” rating and decreased their price target for the company from $29.00 to $24.00 in a research note on Wednesday, October 19th. Finally, Credit Suisse Group AG reaffirmed a “hold” rating and issued a $32.00 price target on shares of HollyFrontier Corp. in a research note on Thursday, July 14th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $31.96.

Several hedge funds have recently made changes to their positions in the stock. Van ECK Associates Corp boosted its stake in shares of HollyFrontier Corp. by 8.9% in the second quarter. Van ECK Associates Corp now owns 8,065 shares of the company’s stock worth $192,000 after buying an additional 660 shares during the last quarter. GAM Holding AG boosted its stake in shares of HollyFrontier Corp. by 70.2% in the second quarter. GAM Holding AG now owns 8,296 shares of the company’s stock worth $197,000 after buying an additional 3,421 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of HollyFrontier Corp. during the second quarter worth approximately $236,000. Nomura Holdings Inc. acquired a new stake in shares of HollyFrontier Corp. during the second quarter worth approximately $283,000. Finally, Mariner Wealth Advisors LLC acquired a new stake in shares of HollyFrontier Corp. during the second quarter worth approximately $321,000. Institutional investors own 83.89% of the company’s stock.

About HollyFrontier Corp.

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.

5 Day Chart for NYSE:HFC

Receive News & Stock Ratings for HollyFrontier Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HollyFrontier Corp. and related stocks with our FREE daily email newsletter.