Are Analysts Bullish about Holly Energy Partners, L.P. (NYSE:HEP) after last week?

April 17, 2018 - By Darrin Black

Investors sentiment increased to 1.45 in Q4 2017. Its up 0.74, from 0.71 in 2017Q3. It improved, as 8 investors sold Holly Energy Partners, L.P. shares while 23 reduced holdings. 21 funds opened positions while 24 raised stakes. 28.28 million shares or 2.54% less from 29.02 million shares in 2017Q3 were reported.
Blackrock has invested 0% in Holly Energy Partners, L.P. (NYSE:HEP). Sei Invests Co stated it has 0% in Holly Energy Partners, L.P. (NYSE:HEP). 12,161 are owned by Jane Street Grp Limited Com. Us Bankshares De holds 0% or 796 shares. Oppenheimer & Communication invested in 11,001 shares. Energy Income Prns Ltd Com has invested 3.58% in Holly Energy Partners, L.P. (NYSE:HEP). Advisory Rech Inc holds 0.08% or 154,535 shares in its portfolio. Mcgowan Grp Asset Mngmt has invested 1.26% in Holly Energy Partners, L.P. (NYSE:HEP). Groesbeck Investment Management Corporation Nj holds 120,156 shares or 2.74% of its portfolio. The New York-based Williams Jones And Assocs Limited Liability has invested 0.03% in Holly Energy Partners, L.P. (NYSE:HEP). Global X reported 0.02% of its portfolio in Holly Energy Partners, L.P. (NYSE:HEP). Jpmorgan Chase Com reported 747,829 shares. Bnp Paribas Arbitrage Sa owns 17,210 shares or 0% of their US portfolio. Goldman Sachs Gp accumulated 1.93 million shares. Stratos Wealth Ptnrs Limited holds 0% or 300 shares in its portfolio.

Since March 23, 2018, it had 1 buying transaction, and 0 insider sales for $53,550 activity.

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

Among 8 analysts covering Holly Energy Partners (NYSE:HEP), 0 have Buy rating, 4 Sell and 4 Hold. Therefore 0 are positive. Holly Energy Partners had 10 analyst reports since October 20, 2017 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Market Perform” on Friday, October 20. The firm has “Neutral” rating by UBS given on Friday, November 3. J.P. Morgan initiated Holly Energy Partners, L.P. (NYSE:HEP) on Friday, April 6 with “Sell” rating. The stock of Holly Energy Partners, L.P. (NYSE:HEP) has “Equal Weight” rating given on Friday, November 10 by Barclays Capital. The rating was downgraded by Goldman Sachs to “Sell” on Monday, December 18. UBS maintained the stock with “Neutral” rating in Friday, March 2 report. On Wednesday, February 21 the stock rating was maintained by Barclays Capital with “Equal-Weight”. Below is a list of Holly Energy Partners, L.P. (NYSE:HEP) latest ratings and price target changes.

06/04/2018 Broker: J.P. Morgan Rating: Sell New Target: $30.0000 Initiate
06/04/2018 Broker: JP Morgan Rating: Underweight New Target: $30 Initiates Coverage On
02/03/2018 Broker: UBS Old Rating: Neutral New Rating: Neutral Old Target: $33 New Target: $30 Maintain
21/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $34 New Target: $33 Maintain
24/01/2018 Broker: Jefferies Rating: Hold New Target: $28 Initiates Coverage On
05/01/2018 Broker: Credit Suisse Rating: Underperform New Target: $28 Initiates Coverage On
18/12/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Sell Downgrade
10/11/2017 Broker: Barclays Capital Rating: Equal Weight New Target: $35.00 Reinitiate
03/11/2017 Broker: UBS Old Rating: Buy New Rating: Neutral Old Target: $36 Downgrade
20/10/2017 Broker: Wells Fargo Rating: Market Perform Old Target: $35 New Target: $34 Maintain

The stock increased 1.31% or $0.38 during the last trading session, reaching $29.46. About 80,559 shares traded. Holly Energy Partners, L.P. (NYSE:HEP) has declined 20.89% since April 17, 2017 and is downtrending. It has underperformed by 32.44% the S&P500.

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 $3.10 billion. It operates through two divisions, Pipelines and Terminals, and Refinery Processing Units. It has a 12.94 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.

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

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