As Hollyfrontier Corp (HFC) Valuation Declined, Holder Hennessy Advisors INC Lifted Its Stake

November 10, 2018 - By Kristen Paramore

Investors sentiment increased to 1.19 in Q2 2018. Its up 0.27, from 0.92 in 2018Q1. It increased, as 22 investors sold HFC shares while 166 reduced holdings. 111 funds opened positions while 112 raised stakes. 148.93 million shares or 3.73% more from 143.57 million shares in 2018Q1 were reported. Stevens Cap Mngmt LP holds 0.16% in HollyFrontier Corporation (NYSE:HFC) or 66,348 shares. 1.22 million were reported by Schwab Charles Management. First Financial Bank Of Mount Dora Ser accumulated 26,687 shares. Tortoise Advsr Ltd Liability Corp accumulated 39,077 shares. Norinchukin Bankshares The reported 20,002 shares stake. Vantage Investment Ltd has invested 0% in HollyFrontier Corporation (NYSE:HFC). Andra Ap reported 0.25% of its portfolio in HollyFrontier Corporation (NYSE:HFC). Apg Asset Nv holds 0.3% or 2.76 million shares in its portfolio. Retirement Of Alabama holds 0.03% of its portfolio in HollyFrontier Corporation (NYSE:HFC) for 82,832 shares. Morgan Stanley holds 0.04% in HollyFrontier Corporation (NYSE:HFC) or 1.96 million shares. Lpl Fincl Limited Com holds 30,909 shares. Amundi Pioneer Asset Management owns 346,897 shares for 0.03% of their portfolio. Eaton Vance Management invested 0% in HollyFrontier Corporation (NYSE:HFC). Quantitative Invest Ltd Com stated it has 0.1% in HollyFrontier Corporation (NYSE:HFC). United Capital Advisers Ltd Liability Company holds 0% or 3,753 shares.

Since May 11, 2018, it had 0 buys, and 6 insider sales for $7.50 million activity. $566,790 worth of HollyFrontier Corporation (NYSE:HFC) shares were sold by Voliva Richard Lawrence III. On Friday, May 11 Creery Thomas G sold $1.35 million worth of HollyFrontier Corporation (NYSE:HFC) or 20,000 shares. BECH DOUGLAS Y sold $356,872 worth of HollyFrontier Corporation (NYSE:HFC) on Friday, May 18. Damiris George John sold 51,771 shares worth $4.18M. Jennings Michael had sold 10,000 shares worth $724,100.

Hennessy Advisors Inc increased its stake in Hollyfrontier Corp (HFC) by 6.12% based on its latest 2018Q2 regulatory filing with the SEC. Hennessy Advisors Inc bought 45,600 shares as the company’s stock declined 3.29% while stock markets rallied. The institutional investor held 791,000 shares of the integrated oil company at the end of 2018Q2, valued at $54.13 million, up from 745,400 at the end of the previous reported quarter. Hennessy Advisors Inc who had been investing in Hollyfrontier Corp for a number of months, seems to be bullish on the $11.18B market cap company. The stock decreased 1.58% or $1.04 during the last trading session, reaching $64.7. About 1.54M shares traded. HollyFrontier Corporation (NYSE:HFC) has risen 114.22% since November 10, 2017 and is uptrending. It has outperformed by 98.60% the S&P500.

Hennessy Advisors Inc, which manages about $5.52B and $2.92B US Long portfolio, decreased its stake in Centerpoint Energy Inc (NYSE:CNP) by 128,200 shares to 642,828 shares, valued at $17.81M in 2018Q2, according to the filing. It also reduced its holding in Eqt Corp (NYSE:EQT) by 139,300 shares in the quarter, leaving it with 144,682 shares, and cut its stake in Pg&E Corp (NYSE:PCG).

More recent HollyFrontier Corporation (NYSE:HFC) news were published by: Nasdaq.com which released: “Report: Exploring Fundamental Drivers Behind Entergy, BLACKLINE INC, HollyFrontier, Hill-Rom, Apache, and …” on November 08, 2018. Also Seekingalpha.com published the news titled: “HollyFrontier (HFC) Q3 2018 Results – Earnings Call Transcript” on October 31, 2018. Fool.com‘s news article titled: “Why PBF Energy Inc and Other Refining Stocks Are Getting Clobbered Today” with publication date: October 19, 2018 was also an interesting one.

HollyFrontier Corporation (NYSE:HFC) Ratings Coverage

Among 6 analysts covering Hollyfrontier Corp (NYSE:HFC), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Hollyfrontier Corp had 6 analyst reports since May 18, 2018 according to SRatingsIntel. Morgan Stanley maintained the shares of HFC in report on Monday, July 16 with “Equal-Weight” rating. As per Thursday, May 24, the company rating was maintained by Argus Research. On Friday, May 18 the stock rating was upgraded by Tudor Pickering to “Buy”. As per Tuesday, October 16, the company rating was upgraded by Jefferies. The rating was maintained by Wells Fargo with “Market Perform” on Tuesday, May 29.

HollyFrontier Corporation (NYSE:HFC) Institutional Positions Chart

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