Can analysts adopt a bullish outlook for HollyFrontier Corporation (NYSE:HFC)?

January 14, 2018 - By reb123z

 Can analysts adopt a bullish outlook for HollyFrontier Corporation (NYSE:HFC)?
Investors sentiment decreased to 1.19 in Q3 2017. Its down 0.03, from 1.22 in 2017Q2. It dived, 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.
Moreover, Menta Cap Ltd Liability Co has 0.26% invested in HollyFrontier Corporation (NYSE:HFC) for 48,800 shares. 140,357 were reported by Royal Comml Bank Of Canada. 500 were reported by Dubuque Bancorporation Tru Co. 81,599 are held by Raymond James Fincl Services Advsrs Inc. Verition Fund Mgmt Ltd Liability Corp, Connecticut-based fund reported 16,663 shares. Deutsche Bankshares Ag owns 0.01% invested in HollyFrontier Corporation (NYSE:HFC) for 414,039 shares. Covington Cap Management holds 0% or 1,450 shares in its portfolio. Credit Agricole S A holds 0.16% in HollyFrontier Corporation (NYSE:HFC) or 1.33 million shares. Vision Capital Management invested in 0.64% or 55,725 shares. Us Commercial Bank De holds 45,321 shares or 0.01% of its portfolio. Paloma Partners Mgmt Commerce holds 0% in HollyFrontier Corporation (NYSE:HFC) or 7,811 shares. Maryland-based Price T Rowe Associates Md has invested 0.03% in HollyFrontier Corporation (NYSE:HFC). Winfield Associates invested in 0% or 40 shares. Moreover, Eagle Asset has 0.01% invested in HollyFrontier Corporation (NYSE:HFC) for 53,607 shares. Castleark Management invested in 58,000 shares or 0.07% of the stock.

Since December 13, 2017, it had 0 insider purchases, and 1 sale for $242,878 activity.

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 firm earned “Underperform” rating on Tuesday, October 24 by Macquarie Research. On Tuesday, January 12 the stock rating was maintained by Barclays Capital with “Overweight”. The stock of HollyFrontier Corporation (NYSE:HFC) earned “Buy” rating by Argus Research on Monday, November 20. The rating was maintained by Piper Jaffray on Friday, May 26 with “Neutral”. Goldman Sachs upgraded the shares of HFC in report on Thursday, November 2 to “Neutral” rating. The company was initiated on Friday, July 24 by Macquarie Research. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, November 6. The stock of HollyFrontier Corporation (NYSE:HFC) earned “Outperform” rating by RBC Capital Markets on Tuesday, November 1. Deutsche Bank upgraded the shares of HFC in report on Wednesday, January 4 to “Buy” rating. The company was maintained on Thursday, August 3 by Barclays Capital. Below is a list of HollyFrontier Corporation (NYSE:HFC) latest ratings and price target changes.

10/01/2018 Broker: Scotia Capital Rating: Buy New Target: $55.0 Maintain
03/01/2018 Broker: Credit Suisse Rating: Neutral New Target: $51 Initiates Coverage On
20/12/2017 Broker: RBC Capital Markets Rating: Buy New Target: $55.0 Maintain
08/12/2017 Broker: Bank of America Rating: Sell Downgrade
08/12/2017 Broker: Cowen & Co Rating: Hold New Target: $38.0 Maintain
20/11/2017 Broker: Argus Research Old Rating: Hold New Rating: Buy Upgrade
14/11/2017 Broker: Barclays Capital Rating: Overweight Old Target: $47 New Target: $57 Maintain
06/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $49.0 Maintain
02/11/2017 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight New Target: $47 Maintain
02/11/2017 Broker: Goldman Sachs Old Rating: Sell New Rating: Neutral Old Target: $26 Upgrade

The stock increased 1.96% or $1.01 during the last trading session, reaching $52.51. About 1.82M shares traded. HollyFrontier Corporation (NYSE:HFC) has declined 4.11% since January 14, 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 $9.21 billion. The firm operates through two divisions, Refining and HEP. It has a 27.61 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.

Another recent and important HollyFrontier Corporation (NYSE:HFC) news was published by Businesswire.com which published an article titled: “HollyFrontier Corporation Fourth Quarter 2017 Earnings Release and Conference …” on January 11, 2018.

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