HollyFrontier Corp (HFC) Shares Bought by Flinton Capital Management LLC

Flinton Capital Management LLC boosted its position in shares of HollyFrontier Corp (NYSE:HFC) by 20.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 144,194 shares of the oil and gas company’s stock after buying an additional 24,344 shares during the period. Flinton Capital Management LLC owned 0.08% of HollyFrontier worth $7,385,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sandy Spring Bank acquired a new position in HollyFrontier during the fourth quarter worth approximately $114,000. NuWave Investment Management LLC acquired a new position in HollyFrontier during the fourth quarter worth approximately $133,000. Garrison Financial Corp acquired a new position in HollyFrontier during the fourth quarter worth approximately $203,000. Peregrine Asset Advisers Inc. acquired a new position in HollyFrontier during the fourth quarter worth approximately $205,000. Finally, Lourd Capital LLC acquired a new position in HollyFrontier during the fourth quarter worth approximately $207,000. 86.08% of the stock is currently owned by institutional investors.

In related news, SVP James M. Stump sold 30,000 shares of the company’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $51.21, for a total transaction of $1,536,300.00. Following the transaction, the senior vice president now owns 41,849 shares of the company’s stock, valued at $2,143,087.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.51% of the company’s stock.

HFC has been the topic of several research analyst reports. Cowen lifted their price target on HollyFrontier from $38.00 to $40.00 and gave the stock a “market perform” rating in a research report on Wednesday, February 21st. Bank of America lowered HollyFrontier from a “neutral” rating to an “underperform” rating in a report on Friday, December 8th. Royal Bank of Canada reissued a “buy” rating and issued a $58.00 target price on shares of HollyFrontier in a report on Tuesday, January 30th. Zacks Investment Research raised HollyFrontier from a “hold” rating to a “buy” rating and set a $57.00 target price on the stock in a report on Friday, January 19th. Finally, Howard Weil lowered HollyFrontier from a “focus list” rating to an “outperform” rating in a report on Friday, December 22nd. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $44.20.

HollyFrontier Corp (NYSE HFC) opened at $46.14 on Wednesday. HollyFrontier Corp has a twelve month low of $23.46 and a twelve month high of $53.21. The firm has a market capitalization of $8,156.93, a price-to-earnings ratio of 10.21, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a current ratio of 2.15, a quick ratio of 1.01 and a debt-to-equity ratio of 0.42.

HollyFrontier (NYSE:HFC) last announced its quarterly earnings data on Wednesday, February 21st. The oil and gas company reported $0.70 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.82 by ($0.12). HollyFrontier had a return on equity of 7.51% and a net margin of 5.65%. The business had revenue of $3.99 billion for the quarter, compared to analyst estimates of $3.85 billion. During the same period in the prior year, the company earned ($0.06) EPS. The company’s revenue was up 35.1% on a year-over-year basis. analysts expect that HollyFrontier Corp will post 3.6 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 14th. Investors of record on Wednesday, February 28th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date is Tuesday, February 27th. HollyFrontier’s dividend payout ratio is presently 29.20%.

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HollyFrontier Company Profile

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).

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Institutional Ownership by Quarter for HollyFrontier (NYSE:HFC)

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