Dupont Capital Management Corp Grows Holdings in HollyFrontier Corp (HFC)

Dupont Capital Management Corp raised its stake in HollyFrontier Corp (NYSE:HFC) by 24.3% during the 4th quarter, Holdings Channel reports. The firm owned 23,000 shares of the oil and gas company’s stock after buying an additional 4,500 shares during the period. Dupont Capital Management Corp’s holdings in HollyFrontier were worth $1,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Garrison Financial Corp acquired a new position in shares of HollyFrontier in the fourth quarter valued at $203,000. Toronto Dominion Bank increased its holdings in shares of HollyFrontier by 6.3% in the second quarter. Toronto Dominion Bank now owns 3,994 shares of the oil and gas company’s stock valued at $110,000 after purchasing an additional 235 shares during the last quarter. Lourd Capital LLC acquired a new position in shares of HollyFrontier in the fourth quarter valued at $207,000. IFG Advisory LLC acquired a new position in shares of HollyFrontier in the fourth quarter valued at $757,000. Finally, FNY Managed Accounts LLC acquired a new position in shares of HollyFrontier in the third quarter valued at $163,000. Hedge funds and other institutional investors own 84.81% of the company’s stock.

Several equities analysts have commented on the stock. Barclays reiterated a “buy” rating and issued a $65.00 price objective on shares of HollyFrontier in a report on Wednesday, January 10th. Tudor Pickering downgraded shares of HollyFrontier from a “buy” rating to a “hold” rating in a report on Wednesday, November 29th. Argus upgraded shares of HollyFrontier from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a report on Monday, November 20th. Cowen reiterated a “market perform” rating and issued a $38.00 price objective (up from $35.00) on shares of HollyFrontier in a report on Friday, December 8th. Finally, Zacks Investment Research downgraded shares of HollyFrontier from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $43.33.

Shares of HollyFrontier Corp (HFC) opened at $45.79 on Thursday. The stock has a market cap of $8,237.88, a PE ratio of 24.10, a price-to-earnings-growth ratio of 1.28 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.98 and a current ratio of 2.00. HollyFrontier Corp has a one year low of $23.46 and a one year high of $53.21.

In other HollyFrontier news, SVP James M. Stump sold 30,000 shares of the stock in a transaction dated Friday, December 28th. The shares were sold at an average price of $51.21, for a total transaction of $1,536,300.00. Following the sale, the senior vice president now directly owns 41,849 shares in the company, valued at $2,143,087.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO John W. Gann, Jr. sold 2,000 shares of the stock in a transaction dated Saturday, November 10th. The stock was sold at an average price of $41.96, for a total transaction of $83,920.00. Following the sale, the chief accounting officer now owns 35,705 shares in the company, valued at $1,498,181.80. The disclosure for this sale can be found here. Insiders have sold 82,649 shares of company stock worth $4,062,308 over the last quarter. Corporate insiders own 0.51% of the company’s stock.

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HollyFrontier 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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