Thor Advisors LLC bought a new position in shares of HollyFrontier Corp (NYSE:HFC) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,103 shares of the oil and gas company’s stock, valued at approximately $54,000.

Several other large investors also recently modified their holdings of the stock. CSat Investment Advisory L.P. lifted its position in HollyFrontier by 126.6% during the fourth quarter. CSat Investment Advisory L.P. now owns 528 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 295 shares during the last quarter. Quantamental Technologies LLC bought a new position in HollyFrontier during the first quarter valued at $40,000. Clarus Wealth Advisors bought a new position in HollyFrontier during the first quarter valued at $43,000. Pinnacle Financial Partners Inc. bought a new position in HollyFrontier during the first quarter valued at $49,000. Finally, Captrust Financial Advisors lifted its position in HollyFrontier by 167.0% during the fourth quarter. Captrust Financial Advisors now owns 1,036 shares of the oil and gas company’s stock valued at $53,000 after purchasing an additional 648 shares during the last quarter. Hedge funds and other institutional investors own 86.46% of the company’s stock.

In other news, Director Franklin Myers bought 2,900 shares of HollyFrontier stock in a transaction dated Thursday, May 9th. The shares were acquired at an average price of $42.78 per share, with a total value of $124,062.00. Following the completion of the purchase, the director now owns 22,489 shares in the company, valued at approximately $962,079.42. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.49% of the company’s stock.

Several equities analysts have commented on the stock. Morgan Stanley set a $54.00 price objective on shares of HollyFrontier and gave the company a “hold” rating in a research report on Friday, May 17th. ValuEngine lowered shares of HollyFrontier from a “sell” rating to a “strong sell” rating in a research report on Tuesday, May 7th. Bank of America upgraded shares of HollyFrontier from an “underperform” rating to a “neutral” rating and set a $48.70 price objective for the company in a research report on Monday, April 29th. Goldman Sachs Group lowered shares of HollyFrontier from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $53.00 to $45.00 in a research report on Tuesday, April 16th. Finally, Credit Suisse Group lowered their price objective on shares of HollyFrontier from $63.00 to $61.00 and set a “neutral” rating for the company in a research report on Wednesday, April 3rd. Three analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. HollyFrontier has an average rating of “Hold” and a consensus target price of $65.15.

Shares of HFC traded down $0.10 during midday trading on Friday, hitting $40.30. The stock had a trading volume of 1,354,919 shares, compared to its average volume of 1,943,120. HollyFrontier Corp has a 1 year low of $37.73 and a 1 year high of $76.58. The company has a market cap of $6.88 billion, a P/E ratio of 6.26, a P/E/G ratio of 0.85 and a beta of 1.28. The company has a current ratio of 1.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.42.

HollyFrontier (NYSE:HFC) last announced its earnings results on Thursday, May 2nd. The oil and gas company reported $0.54 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.18. HollyFrontier had a net margin of 6.19% and a return on equity of 16.86%. The business had revenue of $3.90 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter in the prior year, the firm posted $0.77 earnings per share. The business’s revenue for the quarter was down 5.6% on a year-over-year basis. Analysts predict that HollyFrontier Corp will post 4.58 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, May 20th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend was Friday, May 17th. HollyFrontier’s dividend payout ratio is currently 20.50%.

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HollyFrontier Company Profile

HollyFrontier Corporation operates as an independent petroleum refiner in the United States. The company operates through three segments: Refining, Lubricants and Specialty Products, and HEP. It primarily produces high-value light products, such as gasoline, diesel and jet fuel, and specialty lubricant products, as well as specialty and modified asphalt.

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Institutional Ownership by Quarter for HollyFrontier (NYSE:HFC)

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