What’s in Hollyfrontier Corporation (NYSE:HFC) After Decline in Shorted Shares?

January 20, 2018 - By Marie Mckinney

 What’s in Hollyfrontier Corporation (NYSE:HFC) After Decline in Shorted Shares?

Investors sentiment decreased to 1.19 in 2017 Q3. Its down 0.03, from 1.22 in 2017Q2. It dropped, as 39 investors sold HollyFrontier Corporation shares while 113 reduced holdings. 74 funds opened positions while 107 raised stakes. 143.35 million shares or 0.18% more from 143.09 million shares in 2017Q2 were reported.
River Road Asset Mngmt Llc has 0.18% invested in HollyFrontier Corporation (NYSE:HFC). Deutsche Bank Ag owns 414,039 shares. Legal And General Group Public Ltd holds 0.03% or 1.16M shares. Sumitomo Mitsui Tru Holdings Incorporated has 0.03% invested in HollyFrontier Corporation (NYSE:HFC). Green Square Capital Llc invested 1.24% of its portfolio in HollyFrontier Corporation (NYSE:HFC). Guggenheim Capital Limited Liability Company invested in 233,354 shares. Deroy Devereaux Private Invest Counsel reported 0.26% stake. First Citizens Bankshares Trust reported 0.04% of its portfolio in HollyFrontier Corporation (NYSE:HFC). Smith Asset Group L P has 0% invested in HollyFrontier Corporation (NYSE:HFC) for 1,030 shares. Ls Inv Lc owns 17,737 shares for 0.04% of their portfolio. State Common Retirement Fund has 423,650 shares. Invesco Limited has invested 0.01% in HollyFrontier Corporation (NYSE:HFC). Argent Trust holds 7,427 shares or 0.07% of its portfolio. Employees Retirement Of Ohio reported 76,588 shares. Canada Pension Plan Inv Board owns 0.02% invested in HollyFrontier Corporation (NYSE:HFC) for 285,610 shares.

Since November 6, 2017, it had 0 insider purchases, and 2 sales for $789,458 activity. LEE JAMES H also sold $242,878 worth of HollyFrontier Corporation (NYSE:HFC) on Wednesday, December 13.

The stock of Hollyfrontier Corporation (NYSE:HFC) registered a decrease of 7.48% in short interest. HFC’s total short interest was 12.75M shares in January as published by FINRA. Its down 7.48% from 13.78M shares, reported previously. With 2.63M shares average volume, it will take short sellers 5 days to cover their HFC’s short positions. The short interest to Hollyfrontier Corporation’s float is 7.28%.

The stock increased 0.06% or $0.03 during the last trading session, reaching $50.94. About 1.80M shares traded. HollyFrontier Corporation (NYSE:HFC) has declined 4.11% since January 20, 2017 and is downtrending. It has underperformed by 20.81% the S&P500.

HollyFrontier Corporation operates as an independent petroleum refiner in the United States. The company has market cap of $8.94 billion. The firm operates through two divisions, Refining and HEP. It has a 26.78 P/E ratio. It primarily produces high-value refined products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt.

HollyFrontier Corporation (NYSE:HFC) Ratings Coverage

Among 19 analysts covering HollyFrontier (NYSE:HFC), 7 have Buy rating, 6 Sell and 6 Hold. Therefore 37% are positive. HollyFrontier had 65 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of HollyFrontier Corporation (NYSE:HFC) earned “Buy” rating by RBC Capital Markets on Thursday, September 7. Cowen & Co maintained the shares of HFC in report on Tuesday, October 17 with “Hold” rating. Barclays Capital maintained the shares of HFC in report on Thursday, November 2 with “Overweight” rating. The company was upgraded on Tuesday, November 1 by Tudor Pickering. The stock of HollyFrontier Corporation (NYSE:HFC) has “Outperform” rating given on Thursday, August 6 by Oppenheimer. The stock of HollyFrontier Corporation (NYSE:HFC) has “Overweight” rating given on Tuesday, October 10 by Barclays Capital. On Monday, August 24 the stock rating was downgraded by Bank of America to “Neutral”. The firm earned “Neutral” rating on Monday, August 22 by Piper Jaffray. Tudor Pickering downgraded HollyFrontier Corporation (NYSE:HFC) on Monday, February 27 to “Sell” rating. The firm has “Sector Perform” rating given on Thursday, August 6 by Scotia Capital.

More news for HollyFrontier Corporation (NYSE:HFC) were recently published by: Businesswire.com, which released: “HollyFrontier Corporation Fourth Quarter 2017 Earnings Release and Conference …” on January 11, 2018. Gurufocus.com‘s article titled: “Adams Asset Advisors, LLC Buys JM Smucker Co, Schlumberger, Universal Corp …” and published on January 19, 2018 is yet another important article.

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