$0.41 EPS Expected for Holly Energy Partners, L.P. (HEP)

July 27, 2018 - By Robert Shackelford

Investors sentiment decreased to 1.03 in Q1 2018. Its down 0.42, from 1.45 in 2017Q4. It worsened, as 12 investors sold Holly Energy Partners, L.P. shares while 23 reduced holdings. 9 funds opened positions while 27 raised stakes. 27.31 million shares or 3.43% less from 28.28 million shares in 2017Q4 were reported.
130 are held by Parkside Savings Bank Tru. Mcgowan Group Incorporated Asset Incorporated holds 1.16% in Holly Energy Partners, L.P. (NYSE:HEP) or 244,259 shares. New York-based Williams Jones & Assocs Limited Co has invested 0.02% in Holly Energy Partners, L.P. (NYSE:HEP). Blair William & Company Il invested in 0.02% or 83,392 shares. Usca Ria Ltd Liability Com invested in 0.03% or 11,478 shares. Clearbridge Investments Lc owns 1.72M shares for 0.04% of their portfolio. Monetary Mngmt Inc accumulated 10,100 shares. First Tru Lp accumulated 183,178 shares. Raymond James And Associates accumulated 10,202 shares. Manufacturers Life Insurance Com The holds 0% or 3,748 shares. Segment Wealth Mgmt Limited Liability Com reported 0.06% in Holly Energy Partners, L.P. (NYSE:HEP). Strategic Wealth Advsrs Gru Limited Liability Com holds 0.03% in Holly Energy Partners, L.P. (NYSE:HEP) or 16,460 shares. 62,737 were reported by Glenmede Na. Kings Point Cap Management reported 2,000 shares or 0.01% of all its holdings. Cadence Cap Ltd Llc accumulated 64,360 shares or 0.12% of the stock.

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

Analysts expect Holly Energy Partners, L.P. (NYSE:HEP) to report $0.41 EPS on August, 1 before the open.They anticipate $0.05 EPS change or 13.89 % from last quarter’s $0.36 EPS. HEP’s profit would be $43.23 million giving it 19.30 P/E if the $0.41 EPS is correct. After having $0.44 EPS previously, Holly Energy Partners, L.P.’s analysts see -6.82 % EPS growth. The stock increased 2.10% or $0.65 during the last trading session, reaching $31.65. About 257,802 shares traded or 87.59% up from the average. Holly Energy Partners, L.P. (NYSE:HEP) has declined 16.61% since July 27, 2017 and is downtrending. It has underperformed by 29.18% the S&P500.

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

Among 4 analysts covering Holly Energy Partners (NYSE:HEP), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Holly Energy Partners has $33 highest and $30 lowest target. $30’s average target is -5.21% below currents $31.65 stock price. Holly Energy Partners had 5 analyst reports since February 21, 2018 according to SRatingsIntel. Barclays Capital maintained Holly Energy Partners, L.P. (NYSE:HEP) rating on Wednesday, February 21. Barclays Capital has “Equal-Weight” rating and $33 target. J.P. Morgan initiated Holly Energy Partners, L.P. (NYSE:HEP) on Friday, April 6 with “Sell” rating. The rating was maintained by UBS with “Neutral” on Friday, March 2. The firm has “Equal-Weight” rating given on Tuesday, April 17 by Barclays Capital.

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 $3.34 billion. It operates through two divisions, Pipelines and Terminals, and Refinery Processing Units. It has a 12.88 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: Businesswire.com which released: “Holly Energy Partners Increases Quarterly Distribution; 55th Consecutive Quarterly Distribution Increase” on July 19, 2018, also Nasdaq.com published article titled: “3 Beaten-up Energy Stocks: Are They Bargains?”, Fool.com published: “Better Buy: Holly Energy Partners, LP vs. Andeavor Logistics LP” on July 20, 2018. More interesting news about Holly Energy Partners, L.P. (NYSE:HEP) was released by: Businesswire.com and their article: “Holly Energy Partners Announces Feasibility Study for New Refined Product Pipeline in the Permian Basin” with publication date: July 24, 2018.

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

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