Hennessy Advisors INC Increased Hollyfrontier Corp (HFC) Holding by $3.10 Million as Stock Price Declined

November 10, 2018 - By Louis Casey

Investors sentiment increased to 1.19 in Q2 2018. Its up 0.27, from 0.92 in 2018Q1. It is positive, 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. British Columbia Invest reported 131,289 shares or 0.08% of all its holdings. Balyasny Asset Llc holds 0.01% of its portfolio in HollyFrontier Corporation (NYSE:HFC) for 32,832 shares. Northwestern Mutual Wealth Management has 0% invested in HollyFrontier Corporation (NYSE:HFC). Synovus holds 0% of its portfolio in HollyFrontier Corporation (NYSE:HFC) for 2,920 shares. State Of New Jersey Common Pension Fund D has invested 0.02% in HollyFrontier Corporation (NYSE:HFC). Credit Agricole S A reported 0.32% of its portfolio in HollyFrontier Corporation (NYSE:HFC). Sun Life Fincl Incorporated reported 478 shares or 0% of all its holdings. 7,828 were reported by Cipher Lp. Ima Wealth Inc stated it has 2,183 shares. Employees Retirement Association Of Colorado owns 31,846 shares. State Of Tennessee Treasury Department reported 0.05% in HollyFrontier Corporation (NYSE:HFC). Parametric Portfolio Assoc reported 1.03M shares or 0.07% of all its holdings. Livingston Group Asset Management Com (Operating As Southport Management) holds 0.24% of its portfolio in HollyFrontier Corporation (NYSE:HFC) for 7,625 shares. Kepos Capital Ltd Partnership reported 73,484 shares or 0.26% of all its holdings. Century Companies Incorporated invested in 1.07M shares.

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

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 $11.18 billion 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 $5.52 billion and $2.92B US Long portfolio, decreased its stake in Kinder Morgan Inc Del (NYSE:KMI) by 370,000 shares to 2.88 million shares, valued at $50.87 million in 2018Q2, according to the filing. It also reduced its holding in Cheniere Energy Inc (NYSEMKT:LNG) by 223,000 shares in the quarter, leaving it with 755,917 shares, and cut its stake in Alcoa Corp.

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 Fool.com published the news titled: “Why PBF Energy Inc and Other Refining Stocks Are Getting Clobbered Today” on October 19, 2018. Seekingalpha.com‘s news article titled: “HollyFrontier (HFC) Q3 2018 Results – Earnings Call Transcript” with publication date: October 31, 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. The firm earned “Market Perform” rating on Tuesday, May 29 by Wells Fargo. The rating was upgraded by Jefferies to “Hold” on Tuesday, October 16. As per Monday, July 16, the company rating was maintained by Morgan Stanley. The firm earned “Buy” rating on Thursday, May 24 by Argus Research. The firm has “Buy” rating by Tudor Pickering given on Friday, May 18.

HollyFrontier Corporation (NYSE:HFC) Institutional Positions Chart

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