BW Gestao de Investimentos Ltda. held its stake in Par Pacific Holdings, Inc. (NASDAQ:PARR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,183 shares of the company’s stock at the close of the second quarter. BW Gestao de Investimentos Ltda. owned 0.07% of Par Pacific Holdings worth $545,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of PARR. Acrospire Investment Management LLC acquired a new position in Par Pacific Holdings during the second quarter worth about $105,000. QS Investors LLC acquired a new position in Par Pacific Holdings during the second quarter worth about $146,000. Voya Investment Management LLC grew its holdings in Par Pacific Holdings by 15.3% during the second quarter. Voya Investment Management LLC now owns 16,128 shares of the company’s stock worth $291,000 after acquiring an additional 2,143 shares during the period. PNC Financial Services Group Inc. grew its holdings in Par Pacific Holdings by 400.8% during the second quarter. PNC Financial Services Group Inc. now owns 30,269 shares of the company’s stock worth $547,000 after acquiring an additional 24,225 shares during the period. Finally, Rhumbline Advisers grew its holdings in Par Pacific Holdings by 10.1% during the second quarter. Rhumbline Advisers now owns 36,615 shares of the company’s stock worth $661,000 after acquiring an additional 3,360 shares during the period.

Par Pacific Holdings, Inc. (NASDAQ:PARR) traded down 0.122% on Friday, reaching $20.515. The company had a trading volume of 70,976 shares. Par Pacific Holdings, Inc. has a 12 month low of $12.47 and a 12 month high of $21.94. The company’s 50 day moving average price is $19.40 and its 200-day moving average price is $17.65. The company has a market capitalization of $939.63 million and a price-to-earnings ratio of 45.792.

Par Pacific Holdings (NASDAQ:PARR) last released its quarterly earnings data on Monday, August 7th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.02. The company had revenue of $564.25 million during the quarter, compared to the consensus estimate of $600.80 million. On average, equities analysts predict that Par Pacific Holdings, Inc. will post $1.56 earnings per share for the current fiscal year.

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In related news, major shareholder Whitebox Advisors Llc sold 506,079 shares of the company’s stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $20.75, for a total value of $10,501,139.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold 2,836,683 shares of company stock valued at $55,942,568 in the last quarter.

A number of research firms recently issued reports on PARR. Zacks Investment Research lowered Par Pacific Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Seaport Global Securities raised Par Pacific Holdings from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $19.00 to $22.00 in a report on Monday, September 11th. Finally, Cowen and Company reaffirmed a “buy” rating and set a $20.00 target price on shares of Par Pacific Holdings in a report on Thursday, August 17th.

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Institutional Ownership by Quarter for Par Pacific Holdings (NASDAQ:PARR)

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