HollyFrontier (HFC) Sets New 1-Year High and Low at $57.42

HollyFrontier (NYSE:HFC) shares reached a new 52-week high and low during trading on Tuesday . The company traded as low as $57.42 and last traded at $57.28, with a volume of 832935 shares changing hands. The stock had previously closed at $57.17.

A number of research analysts have recently commented on the company. Morgan Stanley upgraded HollyFrontier from an “underweight” rating to an “equal weight” rating and set a $60.00 price objective on the stock in a report on Friday. JPMorgan Chase increased their price objective on HollyFrontier from $46.00 to $48.00 and gave the company an “underweight” rating in a report on Monday, April 9th. ValuEngine upgraded HollyFrontier from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 7th. Argus increased their price objective on HollyFrontier from $53.00 to $56.00 and gave the company a “buy” rating in a report on Thursday, March 29th. Finally, Deutsche Bank dropped their price objective on HollyFrontier from $59.00 to $56.00 and set a “buy” rating on the stock in a report on Monday, March 19th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $46.12.

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The stock has a market cap of $9,880.90, a PE ratio of 24.90, a PEG ratio of 1.54 and a beta of 1.09. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.15 and a quick ratio of 1.01.



HollyFrontier (NYSE:HFC) last announced its earnings results on Wednesday, February 21st. The oil and gas company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.12). The firm had revenue of $3.99 billion during the quarter, compared to analyst estimates of $3.85 billion. HollyFrontier had a net margin of 5.65% and a return on equity of 7.51%. The firm’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period last year, the company earned ($0.06) earnings per share. research analysts anticipate that HollyFrontier will post 3.62 EPS for the current year.

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. lifted its position in HollyFrontier by 2.7% during the 4th quarter. BlackRock Inc. now owns 21,620,652 shares of the oil and gas company’s stock worth $1,107,409,000 after acquiring an additional 565,625 shares during the period. Schroder Investment Management Group lifted its position in HollyFrontier by 2.3% during the 4th quarter. Schroder Investment Management Group now owns 3,978,708 shares of the oil and gas company’s stock worth $203,789,000 after acquiring an additional 88,912 shares during the period. Alliancebernstein L.P. lifted its position in HollyFrontier by 1.5% during the 4th quarter. Alliancebernstein L.P. now owns 3,599,830 shares of the oil and gas company’s stock worth $184,383,000 after acquiring an additional 52,890 shares during the period. Bank of New York Mellon Corp lifted its position in HollyFrontier by 5.8% during the 4th quarter. Bank of New York Mellon Corp now owns 2,952,567 shares of the oil and gas company’s stock worth $151,230,000 after acquiring an additional 162,312 shares during the period. Finally, APG Asset Management N.V. lifted its position in HollyFrontier by 48.4% during the 4th quarter. APG Asset Management N.V. now owns 2,065,017 shares of the oil and gas company’s stock worth $88,083,000 after acquiring an additional 673,300 shares during the period. 86.14% of the stock is owned by institutional investors.

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About HollyFrontier

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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