Hennessy Advisors INC Stake in Hollyfrontier Corp (HFC) Upped by $3.10 Million

September 16, 2018 - By Richard Slagle

Investors sentiment increased to 1.19 in Q2 2018. Its up 0.27, from 0.92 in 2018Q1. It improved, 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. Rbf Capital Ltd Co invested in 10,000 shares or 0.08% of the stock. State Bank Of Nova Scotia has 0.01% invested in HollyFrontier Corporation (NYSE:HFC) for 19,305 shares. Virginia Retirement Et Al holds 0.01% or 10,800 shares in its portfolio. Mariner invested in 0.04% or 19,463 shares. Focused Wealth Mngmt has 4,650 shares. Klingenstein Fields & Limited Liability Corp reported 0.02% in HollyFrontier Corporation (NYSE:HFC). Salem Investment Counselors reported 0.02% stake. New York-based M&R Mngmt has invested 0% in HollyFrontier Corporation (NYSE:HFC). Us Bancorp De has 0.01% invested in HollyFrontier Corporation (NYSE:HFC) for 34,590 shares. Vanguard Gp invested in 21.27 million shares or 0.06% of the stock. Da Davidson invested in 16,583 shares or 0.02% of the stock. Deutsche State Bank Ag holds 0.07% or 1.46M shares. S&T Commercial Bank Pa stated it has 0.1% of its portfolio in HollyFrontier Corporation (NYSE:HFC). Thrivent For Lutherans holds 101,395 shares. Raymond James Associate holds 0.03% or 256,077 shares in its portfolio.

Since May 4, 2018, it had 0 buys, and 16 selling transactions for $19.16 million activity. Voliva Richard Lawrence III also sold $620,081 worth of HollyFrontier Corporation (NYSE:HFC) on Friday, May 4. 8,500 shares were sold by Gann John W Jr, worth $564,315. 4,890 shares valued at $356,872 were sold by BECH DOUGLAS Y on Friday, May 18. Another trade for 15,821 shares valued at $1.05M was sold by McWatters Denise Clark. 30,000 shares were sold by MYERS FRANKLIN, worth $2.02 million on Thursday, May 10. $1.35M worth of HollyFrontier Corporation (NYSE:HFC) was sold by Creery Thomas G on Friday, May 11.

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 $54.13M, 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 $12.30 billion market cap company. The stock decreased 2.28% or $1.64 during the last trading session, reaching $70.39. About 2.52M shares traded or 1.74% up from the average. HollyFrontier Corporation (NYSE:HFC) has risen 114.22% since September 16, 2017 and is uptrending. It has outperformed by 98.60% the S&P500.

Hennessy Advisors Inc, which manages about $5.52B and $2.92 billion US Long portfolio, decreased its stake in Atmos Energy Corp (NYSE:ATO) by 65,000 shares to 569,086 shares, valued at $51.30 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 Pg&E Corp (NYSE:PCG).

HollyFrontier Corporation (NYSE:HFC) Ratings Coverage

Among 13 analysts covering HollyFrontier (NYSE:HFC), 5 have Buy rating, 2 Sell and 6 Hold. Therefore 38% are positive. HollyFrontier had 15 analyst reports since March 19, 2018 according to SRatingsIntel. On Monday, April 23 the stock rating was maintained by Piper Jaffray with “Hold”. The firm has “Equal-Weight” rating given on Friday, April 13 by Morgan Stanley. The rating was maintained by Barclays Capital with “Overweight” on Thursday, May 3. The rating was maintained by Deutsche Bank on Monday, March 19 with “Buy”. Tudor Pickering upgraded the shares of HFC in report on Friday, May 18 to “Buy” rating. The stock of HollyFrontier Corporation (NYSE:HFC) has “Sell” rating given on Tuesday, April 24 by Jefferies. On Thursday, May 24 the stock rating was maintained by Argus Research with “Buy”. Deutsche Bank maintained the shares of HFC in report on Thursday, May 3 with “Buy” rating. The company was maintained on Monday, July 16 by Morgan Stanley. JP Morgan maintained HollyFrontier Corporation (NYSE:HFC) rating on Monday, April 9. JP Morgan has “Underweight” rating and $48 target.

HollyFrontier Corporation (NYSE:HFC) Institutional Positions Chart

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