Par Pacific Holdings, Inc. (NASDAQ:PARR) posted its quarterly earnings data on Monday. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.02, Bloomberg Earnings reports. The firm had revenue of $564.25 million during the quarter, compared to analysts’ expectations of $600.80 million.

Shares of Par Pacific Holdings (NASDAQ PARR) traded down 1.4518% during midday trading on Tuesday, hitting $16.8616. 67,991 shares of the stock traded hands. Par Pacific Holdings has a 52 week low of $12.18 and a 52 week high of $19.41. The company’s 50-day moving average is $17.81 and its 200 day moving average is $16.34. The firm has a market capitalization of $772.09 million and a PE ratio of 2408.8000.

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In related news, Director Melvyn N. Klein acquired 10,000 shares of the stock in a transaction that occurred on Wednesday, May 31st. The shares were bought at an average price of $16.95 per share, for a total transaction of $169,500.00. Following the completion of the transaction, the director now directly owns 38,073 shares in the company, valued at $645,337.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Whitebox Advisors Llc sold 235,674 shares of the stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $16.89, for a total transaction of $3,980,533.86. The disclosure for this sale can be found here.

Hedge funds and other institutional investors have recently modified their holdings of the stock. State Street Corp increased its position in shares of Par Pacific Holdings by 15.0% in the fourth quarter. State Street Corp now owns 812,996 shares of the company’s stock worth $11,819,000 after buying an additional 105,774 shares during the period. Evermore Global Advisors LLC increased its position in shares of Par Pacific Holdings by 15.2% in the second quarter. Evermore Global Advisors LLC now owns 766,806 shares of the company’s stock worth $13,833,000 after buying an additional 101,425 shares during the period. Russell Investments Group Ltd. bought a new position in shares of Par Pacific Holdings during the second quarter worth $775,000. Dimensional Fund Advisors LP increased its position in shares of Par Pacific Holdings by 13.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 329,159 shares of the company’s stock worth $4,786,000 after buying an additional 40,057 shares during the period. Finally, Rubric Capital Management LP increased its position in shares of Par Pacific Holdings by 1.6% in the second quarter. Rubric Capital Management LP now owns 640,000 shares of the company’s stock worth $11,546,000 after buying an additional 10,000 shares during the period.

Separately, Zacks Investment Research lowered shares of Par Pacific Holdings from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 20th.

Earnings History for Par Pacific Holdings (NASDAQ:PARR)

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