Janus Henderson Group PLC Has $17.55 Million Holdings in HollyFrontier Corporation (HFC)

Janus Henderson Group PLC grew its position in shares of HollyFrontier Corporation (NYSE:HFC) by 1,974.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 638,955 shares of the oil and gas company’s stock after buying an additional 608,155 shares during the quarter. Janus Henderson Group PLC owned 0.36% of HollyFrontier Corporation worth $17,552,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in HFC. UBS Asset Management Americas Inc. raised its position in HollyFrontier Corporation by 14.2% during the 1st quarter. UBS Asset Management Americas Inc. now owns 546,257 shares of the oil and gas company’s stock worth $15,481,000 after buying an additional 67,870 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of HollyFrontier Corporation by 232.7% in the 1st quarter. SG Americas Securities LLC now owns 19,716 shares of the oil and gas company’s stock valued at $559,000 after purchasing an additional 13,790 shares in the last quarter. Teachers Advisors LLC increased its holdings in shares of HollyFrontier Corporation by 2.2% in the 1st quarter. Teachers Advisors LLC now owns 410,968 shares of the oil and gas company’s stock valued at $11,647,000 after purchasing an additional 9,031 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of HollyFrontier Corporation by 56.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 23,781 shares of the oil and gas company’s stock valued at $674,000 after purchasing an additional 8,586 shares in the last quarter. Finally, Utah Retirement Systems increased its holdings in shares of HollyFrontier Corporation by 0.3% in the 1st quarter. Utah Retirement Systems now owns 29,582 shares of the oil and gas company’s stock valued at $838,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 82.25% of the company’s stock.

Shares of HollyFrontier Corporation (NYSE:HFC) opened at 36.13 on Friday. The firm’s 50 day moving average is $34.42 and its 200 day moving average is $29.16. HollyFrontier Corporation has a 1-year low of $22.63 and a 1-year high of $37.00. The firm has a market capitalization of $6.34 billion, a PE ratio of 45.85 and a beta of 1.23.

HollyFrontier Corporation (NYSE:HFC) last posted its quarterly earnings data on Wednesday, August 2nd. The oil and gas company reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.20. The firm had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.24 billion. HollyFrontier Corporation had a return on equity of 2.65% and a net margin of 1.13%. The business’s revenue for the quarter was up 27.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.28 EPS. Analysts anticipate that HollyFrontier Corporation will post $1.76 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 20th. Shareholders of record on Wednesday, August 23rd were issued a dividend of $0.33 per share. The ex-dividend date was Monday, August 21st. This represents a $1.32 annualized dividend and a yield of 3.65%. HollyFrontier Corporation’s payout ratio is presently 167.09%.

COPYRIGHT VIOLATION NOTICE: “Janus Henderson Group PLC Has $17.55 Million Holdings in HollyFrontier Corporation (HFC)” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another domain, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The correct version of this report can be read at https://ledgergazette.com/2017/10/20/janus-henderson-group-plc-has-17-55-million-holdings-in-hollyfrontier-corporation-hfc.html.

HFC has been the subject of a number of research analyst reports. Cowen and Company reiterated a “hold” rating and issued a $30.00 price target on shares of HollyFrontier Corporation in a report on Tuesday. Scotiabank upgraded shares of HollyFrontier Corporation from an “outperform” rating to a “focus stock” rating and increased their price target for the company from $33.00 to $39.00 in a report on Saturday, September 30th. Zacks Investment Research upgraded shares of HollyFrontier Corporation from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a report on Tuesday. BidaskClub downgraded shares of HollyFrontier Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Finally, Barclays PLC increased their price target on shares of HollyFrontier Corporation from $37.00 to $39.00 and gave the company an “overweight” rating in a report on Thursday, August 3rd. Three analysts have rated the stock with a sell rating, seven have given a hold rating, five have issued a buy rating and two have a

A number of other institutional investors have also recently made changes to their positions in HFC. UBS Asset Management Americas Inc. raised its position in HollyFrontier Corporation by 14.2% during the 1st quarter. UBS Asset Management Americas Inc. now owns 546,257 shares of the oil and gas company’s stock worth $15,481,000 after buying an additional 67,870 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of HollyFrontier Corporation by 232.7% in the 1st quarter. SG Americas Securities LLC now owns 19,716 shares of the oil and gas company’s stock valued at $559,000 after purchasing an additional 13,790 shares in the last quarter. Teachers Advisors LLC increased its holdings in shares of HollyFrontier Corporation by 2.2% in the 1st quarter. Teachers Advisors LLC now owns 410,968 shares of the oil and gas company’s stock valued at $11,647,000 after purchasing an additional 9,031 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of HollyFrontier Corporation by 56.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 23,781 shares of the oil and gas company’s stock valued at $674,000 after purchasing an additional 8,586 shares in the last quarter. Finally, Utah Retirement Systems increased its holdings in shares of HollyFrontier Corporation by 0.3% in the 1st quarter. Utah Retirement Systems now owns 29,582 shares of the oil and gas company’s stock valued at $838,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 82.25% of the company’s stock.

Shares of HollyFrontier Corporation (NYSE:HFC) opened at 36.13 on Friday. The firm’s 50 day moving average is $34.42 and its 200 day moving average is $29.16. HollyFrontier Corporation has a 1-year low of $22.63 and a 1-year high of $37.00. The firm has a market capitalization of $6.34 billion, a PE ratio of 45.85 and a beta of 1.23.

HollyFrontier Corporation (NYSE:HFC) last posted its quarterly earnings data on Wednesday, August 2nd. The oil and gas company reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.20. The firm had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.24 billion. HollyFrontier Corporation had a return on equity of 2.65% and a net margin of 1.13%. The business’s revenue for the quarter was up 27.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.28 EPS. Analysts anticipate that HollyFrontier Corporation will post $1.76 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 20th. Shareholders of record on Wednesday, August 23rd were issued a dividend of $0.33 per share. The ex-dividend date was Monday, August 21st. This represents a $1.32 annualized dividend and a yield of 3.65%. HollyFrontier Corporation’s payout ratio is presently 167.09%.

COPYRIGHT VIOLATION NOTICE: “Janus Henderson Group PLC Has $17.55 Million Holdings in HollyFrontier Corporation (HFC)” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another domain, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The correct version of this report can be read at https://ledgergazette.com/2017/10/20/janus-henderson-group-plc-has-17-55-million-holdings-in-hollyfrontier-corporation-hfc.html.

HFC has been the subject of a number of research analyst reports. Cowen and Company reiterated a “hold” rating and issued a $30.00 price target on shares of HollyFrontier Corporation in a report on Tuesday. Scotiabank upgraded shares of HollyFrontier Corporation from an “outperform” rating to a “focus stock” rating and increased their price target for the company from $33.00 to $39.00 in a report on Saturday, September 30th. Zacks Investment Research upgraded shares of HollyFrontier Corporation from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a report on Tuesday. BidaskClub downgraded shares of HollyFrontier Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Finally, Barclays PLC increased their price target on shares of HollyFrontier Corporation from $37.00 to $39.00 and gave the company an “overweight” rating in a report on Thursday, August 3rd. Three analysts have rated the stock with a sell rating, seven have given a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. HollyFrontier Corporation has a consensus rating of “Hold” and a consensus target price of $34.62.

HollyFrontier Corporation 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).

Institutional Ownership by Quarter for HollyFrontier Corporation (NYSE:HFC)

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