WINTON GROUP Ltd grew its position in shares of HollyFrontier Corp (NYSE:HFC) by 62.7% in the 3rd quarter, Holdings Channel reports. The fund owned 148,115 shares of the oil and gas company’s stock after buying an additional 57,094 shares during the quarter. WINTON GROUP Ltd’s holdings in HollyFrontier were worth $10,353,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Allianz Asset Management GmbH raised its position in shares of HollyFrontier by 3.6% in the 1st quarter. Allianz Asset Management GmbH now owns 147,666 shares of the oil and gas company’s stock valued at $7,215,000 after purchasing an additional 5,076 shares in the last quarter. IFM Investors Pty Ltd raised its position in shares of HollyFrontier by 37.6% in the 2nd quarter. IFM Investors Pty Ltd now owns 8,421 shares of the oil and gas company’s stock valued at $576,000 after purchasing an additional 2,301 shares in the last quarter. State of Alaska Department of Revenue raised its position in shares of HollyFrontier by 89.2% in the 2nd quarter. State of Alaska Department of Revenue now owns 26,330 shares of the oil and gas company’s stock valued at $1,800,000 after purchasing an additional 12,410 shares in the last quarter. Xact Kapitalforvaltning AB raised its position in shares of HollyFrontier by 47.8% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 29,248 shares of the oil and gas company’s stock valued at $2,001,000 after purchasing an additional 9,455 shares in the last quarter. Finally, Raymond James Trust N.A. acquired a new position in shares of HollyFrontier in the 2nd quarter valued at approximately $246,000. 87.65% of the stock is owned by hedge funds and other institutional investors.

HFC stock opened at $64.70 on Friday. The company has a current ratio of 2.50, a quick ratio of 1.30 and a debt-to-equity ratio of 0.37. The company has a market cap of $11.81 billion, a P/E ratio of 13.90, a PEG ratio of 1.13 and a beta of 1.07. HollyFrontier Corp has a 12-month low of $41.68 and a 12-month high of $83.28.

HollyFrontier (NYSE:HFC) last posted its quarterly earnings results on Wednesday, October 31st. The oil and gas company reported $1.98 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.66 by $0.32. The business had revenue of $4.77 billion for the quarter, compared to analyst estimates of $4.42 billion. HollyFrontier had a return on equity of 13.94% and a net margin of 8.51%. The business’s revenue was up 28.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.14 EPS. Sell-side analysts expect that HollyFrontier Corp will post 5.72 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 12th. Investors of record on Wednesday, November 21st will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 2.04%. The ex-dividend date is Tuesday, November 20th. HollyFrontier’s dividend payout ratio is currently 56.90%.

A number of equities analysts have issued reports on the company. Mizuho assumed coverage on HollyFrontier in a research report on Wednesday, August 1st. They issued a “neutral” rating and a $75.00 target price on the stock. US Capital Advisors lowered HollyFrontier from an “overweight” rating to a “hold” rating in a research report on Friday, September 7th. Zacks Investment Research raised HollyFrontier from a “hold” rating to a “buy” rating and set a $80.00 target price on the stock in a research report on Thursday, July 19th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $70.00 target price on shares of HollyFrontier in a research report on Friday, August 3rd. Finally, Morgan Stanley upped their target price on HollyFrontier from $75.00 to $82.00 and gave the company a “hold” rating in a research report on Monday, July 16th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. HollyFrontier currently has an average rating of “Hold” and a consensus price target of $71.38.

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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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