$0.43 EPS Expected for Holly Energy Partners, L.P. (HEP)

October 2, 2018 - By Dolores Ford

Investors sentiment increased to 1.23 in 2018 Q2. Its up 0.20, from 1.03 in 2018Q1. It improved, as 7 investors sold Holly Energy Partners, L.P. shares while 24 reduced holdings. 18 funds opened positions while 20 raised stakes. 30.32 million shares or 11.03% more from 27.31 million shares in 2018Q1 were reported.
Williams Jones And Assocs holds 34,665 shares or 0.02% of its portfolio. United Capital Advisers has 43,311 shares. Green Square Ltd Co invested in 0.13% or 27,783 shares. Winslow Evans Crocker, Massachusetts-based fund reported 4,500 shares. Tortoise Capital Advsrs Ltd has invested 1.21% in Holly Energy Partners, L.P. (NYSE:HEP). Advisory accumulated 154,535 shares. Credit Suisse Ag, a Switzerland-based fund reported 17,398 shares. Citigroup Inc invested in 71,071 shares. 239,576 were accumulated by First Tru Advsr L P. Peak6 Invests Lp holds 0% or 1,803 shares in its portfolio. Moneta Group Investment Advsrs Ltd owns 1,015 shares. Bessemer Group Incorporated holds 378 shares or 0% of its portfolio. Virtu Ltd Co reported 8,835 shares. The Germany-based Deutsche Savings Bank Ag has invested 0% in Holly Energy Partners, L.P. (NYSE:HEP). Guggenheim Capital Ltd Liability has invested 0.02% in Holly Energy Partners, L.P. (NYSE:HEP).

Analysts expect Holly Energy Partners, L.P. (NYSE:HEP) to report $0.43 EPS on October, 30.They anticipate $0.23 EPS change or 34.85 % from last quarter’s $0.66 EPS. HEP’s profit would be $45.34 million giving it 18.34 P/E if the $0.43 EPS is correct. After having $0.38 EPS previously, Holly Energy Partners, L.P.’s analysts see 13.16 % EPS growth. The stock decreased 0.85% or $0.27 during the last trading session, reaching $31.54. About 32,170 shares traded. Holly Energy Partners, L.P. (NYSE:HEP) has declined 15.66% since October 2, 2017 and is downtrending. It has underperformed by 31.28% the S&P500.

Holly Energy Partners, L.P. (NYSE:HEP) Ratings Coverage

Among 3 analysts covering Holly Energy Partners (NYSE:HEP), 0 have Buy rating, 3 Sell and 0 Hold. Therefore 0 are positive. Holly Energy Partners had 5 analyst reports since April 6, 2018 according to SRatingsIntel. JP Morgan maintained the stock with “Underweight” rating in Friday, August 24 report. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, April 17. The rating was initiated by J.P. Morgan on Friday, April 6 with “Sell”. The stock of Holly Energy Partners, L.P. (NYSE:HEP) earned “Underweight” rating by Barclays Capital on Tuesday, September 25.

Holly Energy Partners, L.P. owns and operates petroleum product and crude pipelines, storage tanks, distribution terminals, loading rack facilities, and refinery processing units that support the refining and marketing activities of HollyFrontier Corporation in West Texas, New Mexico, Utah, Nevada, Oklahoma, Wyoming, Kansas, Arizona, Idaho, and Washington. The company has market cap of $3.33 billion. It operates through two divisions, Pipelines and Terminals, and Refinery Processing Units. It has a 13.33 P/E ratio. The firm operates refined product pipelines that transport conventional gasolines, reformulated gasolines, low-octane gasolines for oxygenate blending, as well as distillates, such as high- and low-sulfur diesel and jet fuels, and liquefied petroleum gases; intermediate product pipelines that transport intermediate feedstocks and crude oils, and gases; crude oil trunk, gathering, and connection pipelines that delivers crude oil.

More important recent Holly Energy Partners, L.P. (NYSE:HEP) news were published by: Seekingalpha.com which released: “This 9.0%-Yielding MLP Will Continue To Raise Its Distribution Quarter After Quarter” on September 10, 2018, also Benzinga.com published article titled: “Benzinga’s Top Upgrades, Downgrades For September 25, 2018”, Fool.com published: “Forget Holly Energy Partners LP: Here Are 2 Better Dividend Stocks” on September 20, 2018. More interesting news about Holly Energy Partners, L.P. (NYSE:HEP) was released by: Fool.com and their article: “Why Investors Are Missing Out on This 8.6% Yield” with publication date: September 21, 2018.

Holly Energy Partners, L.P. (NYSE:HEP) Institutional Positions Chart

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