Clarus Wealth Advisors acquired a new position in shares of HollyFrontier Corp (NYSE:HFC) during the fourth quarter, HoldingsChannel reports. The fund acquired 8,187 shares of the oil and gas company’s stock, valued at approximately $419,000.

A number of other large investors also recently modified their holdings of the business. State Street Corp grew its holdings in HollyFrontier by 3.9% during the 2nd quarter. State Street Corp now owns 8,194,765 shares of the oil and gas company’s stock worth $225,091,000 after acquiring an additional 311,196 shares during the last quarter. Schroder Investment Management Group boosted its stake in shares of HollyFrontier by 8.0% in the 3rd quarter. Schroder Investment Management Group now owns 3,889,796 shares of the oil and gas company’s stock valued at $139,994,000 after purchasing an additional 288,191 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of HollyFrontier by 1.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,790,255 shares of the oil and gas company’s stock valued at $100,365,000 after purchasing an additional 29,767 shares during the last quarter. APG Asset Management N.V. boosted its stake in shares of HollyFrontier by 48.4% in the 4th quarter. APG Asset Management N.V. now owns 2,065,017 shares of the oil and gas company’s stock valued at $88,083,000 after purchasing an additional 673,300 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its stake in shares of HollyFrontier by 3.9% in the 3rd quarter. Great West Life Assurance Co. Can now owns 1,954,797 shares of the oil and gas company’s stock valued at $70,182,000 after purchasing an additional 74,267 shares during the last quarter. 84.81% of the stock is currently owned by hedge funds and other institutional investors.

HFC has been the topic of several recent research reports. Argus raised shares of HollyFrontier from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research note on Monday, November 20th. Zacks Investment Research raised shares of HollyFrontier from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research note on Tuesday, October 17th. Howard Weil lowered shares of HollyFrontier from a “focus list” rating to an “outperform” rating in a research note on Friday, December 22nd. Barclays reaffirmed an “overweight” rating and issued a $40.00 target price (up previously from $39.00) on shares of HollyFrontier in a research note on Tuesday, October 10th. Finally, ValuEngine raised shares of HollyFrontier from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company. HollyFrontier currently has an average rating of “Hold” and a consensus target price of $43.33.

Shares of HollyFrontier Corp (NYSE:HFC) opened at $46.47 on Wednesday. The firm has a market cap of $8,240.00, a P/E ratio of 24.46, a P/E/G ratio of 1.28 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.00 and a quick ratio of 0.98. HollyFrontier Corp has a 52-week low of $23.46 and a 52-week high of $53.21.

In related news, Director James H. Lee sold 5,149 shares of the stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $47.17, for a total value of $242,878.33. Following the sale, the director now directly owns 52,240 shares in the company, valued at approximately $2,464,160.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP James M. Stump sold 30,000 shares of the stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $51.21, for a total transaction of $1,536,300.00. The disclosure for this sale can be found here. Insiders sold a total of 82,649 shares of company stock worth $4,062,308 over the last quarter. 0.51% of the stock is currently owned by corporate insiders.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another website, it was illegally stolen and reposted in violation of United States & international copyright law. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2018/02/07/clarus-wealth-advisors-takes-419000-position-in-hollyfrontier-corp-hfc.html.

About HollyFrontier

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).

Want to see what other hedge funds are holding HFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HollyFrontier Corp (NYSE:HFC).

Institutional Ownership by Quarter for HollyFrontier (NYSE:HFC)

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