State Street Corp Sells 622,039 Shares of Alon USA Energy, Inc. (ALJ)

State Street Corp cut its stake in Alon USA Energy, Inc. (NYSE:ALJ) by 50.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 618,972 shares of the oil and gas company’s stock after selling 622,039 shares during the quarter. State Street Corp’s holdings in Alon USA Energy were worth $8,246,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Acrospire Investment Management LLC boosted its holdings in shares of Alon USA Energy by 2,751.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 8,496 shares of the oil and gas company’s stock worth $113,000 after purchasing an additional 8,198 shares in the last quarter. Janus Henderson Group PLC purchased a new position in shares of Alon USA Energy in the 2nd quarter worth about $148,000. Public Employees Retirement System of Ohio boosted its holdings in shares of Alon USA Energy by 2.8% in the 1st quarter. Public Employees Retirement System of Ohio now owns 13,004 shares of the oil and gas company’s stock worth $159,000 after purchasing an additional 349 shares in the last quarter. ETRADE Capital Management LLC boosted its holdings in shares of Alon USA Energy by 22.0% in the 2nd quarter. ETRADE Capital Management LLC now owns 12,339 shares of the oil and gas company’s stock worth $164,000 after purchasing an additional 2,226 shares in the last quarter. Finally, Voya Investment Management LLC boosted its holdings in shares of Alon USA Energy by 31.5% in the 2nd quarter. Voya Investment Management LLC now owns 13,419 shares of the oil and gas company’s stock worth $179,000 after purchasing an additional 3,212 shares in the last quarter. Institutional investors own 49.46% of the company’s stock.

Alon USA Energy, Inc. (NYSE ALJ) remained flat at $$13.32 on Friday. Alon USA Energy, Inc. has a 12-month low of $5.86 and a 12-month high of $13.97. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 0.73.

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Alon USA Energy Company Profile

Alon USA Energy, Inc is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company’s segments include refining and marketing, asphalt and retail. Its refineries produce petroleum products, including various grades of gasoline, diesel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt, and other petroleum-based products.

Institutional Ownership by Quarter for Alon USA Energy (NYSE:ALJ)

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