PBF Energy Inc (NYSE:PBF) insider Carso S.A. De C.V. Inversora acquired 335,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The shares were bought at an average price of $22.46 per share, for a total transaction of $7,524,100.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Carso S.A. De C.V. Inversora also recently made the following trade(s):

  • On Monday, August 12th, Carso S.A. De C.V. Inversora acquired 187,871 shares of PBF Energy stock. The shares were bought at an average price of $22.53 per share, for a total transaction of $4,232,733.63.
  • On Thursday, August 8th, Carso S.A. De C.V. Inversora acquired 354,917 shares of PBF Energy stock. The shares were bought at an average price of $22.24 per share, for a total transaction of $7,893,354.08.
  • On Tuesday, August 6th, Carso S.A. De C.V. Inversora acquired 538,300 shares of PBF Energy stock. The shares were bought at an average price of $23.16 per share, for a total transaction of $12,467,028.00.
  • On Friday, August 2nd, Carso S.A. De C.V. Inversora bought 686,500 shares of PBF Energy stock. The stock was acquired at an average price of $24.80 per share, for a total transaction of $17,025,200.00.
  • On Friday, May 24th, Carso S.A. De C.V. Inversora bought 1,609,796 shares of PBF Energy stock. The stock was acquired at an average price of $28.95 per share, for a total transaction of $46,603,594.20.

NYSE PBF traded down $0.23 during trading on Thursday, reaching $21.54. The company’s stock had a trading volume of 1,430,838 shares, compared to its average volume of 1,938,286. The stock has a market capitalization of $2.56 billion, a PE ratio of 6.61, a P/E/G ratio of 3.17 and a beta of 1.62. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.50 and a quick ratio of 0.54. The firm has a fifty day moving average of $27.23 and a 200 day moving average of $30.13. PBF Energy Inc has a one year low of $21.09 and a one year high of $53.91.

PBF Energy (NYSE:PBF) last posted its quarterly earnings data on Thursday, August 1st. The oil and gas company reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). PBF Energy had a return on equity of 6.34% and a net margin of 0.09%. The firm had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $6.23 billion. During the same quarter in the previous year, the company posted $1.38 earnings per share. PBF Energy’s revenue for the quarter was down 11.9% compared to the same quarter last year. Research analysts expect that PBF Energy Inc will post 1.19 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date of this dividend is Wednesday, August 14th. PBF Energy’s payout ratio is currently 36.81%.

A number of equities analysts have weighed in on PBF shares. ValuEngine upgraded PBF Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 22nd. TheStreet lowered PBF Energy from a “b-” rating to a “c” rating in a research note on Thursday, August 1st. Cowen restated a “market perform” rating and issued a $30.00 target price (down from $33.00) on shares of PBF Energy in a research note on Friday, August 2nd. Morgan Stanley set a $42.00 target price on PBF Energy and gave the stock a “buy” rating in a research note on Friday, May 17th. Finally, Credit Suisse Group upgraded PBF Energy from a “neutral” rating to an “outperform” rating and set a $42.00 target price on the stock in a research note on Wednesday, May 15th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. PBF Energy currently has an average rating of “Hold” and an average target price of $42.57.

Several institutional investors and hedge funds have recently bought and sold shares of PBF. FinTrust Capital Advisors LLC purchased a new stake in PBF Energy during the 2nd quarter valued at about $27,000. Machina Capital S.A.S. purchased a new stake in PBF Energy during the 2nd quarter valued at about $36,000. Coastal Investment Advisors Inc. boosted its holdings in PBF Energy by 517.5% during the 2nd quarter. Coastal Investment Advisors Inc. now owns 1,235 shares of the oil and gas company’s stock valued at $38,000 after acquiring an additional 1,035 shares during the period. Bremer Bank National Association purchased a new stake in PBF Energy during the 1st quarter valued at about $57,000. Finally, Advisor Group Inc. boosted its holdings in PBF Energy by 58.2% during the 2nd quarter. Advisor Group Inc. now owns 2,932 shares of the oil and gas company’s stock valued at $92,000 after acquiring an additional 1,079 shares during the period. Hedge funds and other institutional investors own 88.21% of the company’s stock.

About PBF Energy

PBF Energy, Inc engages in the operation of a petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. It operates through the Refining and Logistics segments. The Refining segment refines crude oil and other feedstocks into petroleum products.

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Insider Buying and Selling by Quarter for PBF Energy (NYSE:PBF)

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