CAPROCK Group Inc. bought a new stake in PBF Energy Inc (NYSE:PBF) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,040 shares of the oil and gas company’s stock, valued at approximately $388,000.

Other institutional investors have also added to or reduced their stakes in the company. Flinton Capital Management LLC bought a new position in PBF Energy in the second quarter valued at $119,000. Riverhead Capital Management LLC bought a new position in PBF Energy in the second quarter valued at $186,000. Shelton Capital Management bought a new position in PBF Energy in the third quarter valued at $218,000. Nomura Holdings Inc. bought a new position in PBF Energy in the second quarter valued at $227,000. Finally, Petrus Trust Company LTA bought a new position in PBF Energy in the second quarter valued at $238,000.

Shares of PBF Energy Inc (PBF) opened at $34.73 on Thursday. The company has a market cap of $3,820.00, a price-to-earnings ratio of 17.37, a price-to-earnings-growth ratio of 1.15 and a beta of 1.45. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.50 and a quick ratio of 0.50. PBF Energy Inc has a 12 month low of $18.48 and a 12 month high of $37.01.

PBF Energy (NYSE:PBF) last posted its earnings results on Thursday, November 2nd. The oil and gas company reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.22. The company had revenue of $5.48 billion during the quarter, compared to analysts’ expectations of $4.90 billion. PBF Energy had a net margin of 1.14% and a return on equity of 2.35%. PBF Energy’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the company posted ($0.16) EPS. equities research analysts expect that PBF Energy Inc will post 1.61 EPS for the current year.

A number of analysts have commented on PBF shares. Zacks Investment Research upgraded shares of PBF Energy from a “hold” rating to a “buy” rating and set a $34.00 price target for the company in a research note on Saturday, November 4th. Scotiabank reiterated a “buy” rating and issued a $41.00 price target on shares of PBF Energy in a research note on Wednesday, January 10th. Royal Bank of Canada reiterated a “hold” rating and issued a $30.00 price target on shares of PBF Energy in a research note on Tuesday, November 7th. Morgan Stanley cut shares of PBF Energy from an “equal weight” rating to an “underweight” rating and set a $37.00 price target for the company. in a research note on Thursday, January 11th. Finally, Barclays upgraded shares of PBF Energy from an “underweight” rating to an “overweight” rating and increased their price target for the company from $28.00 to $39.00 in a research note on Tuesday, November 14th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $31.00.

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PBF Energy Company Profile

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.

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

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