Systematic Financial Management LP raised its position in Alon USA Energy, Inc. (NYSE:ALJ) by 1.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 339,008 shares of the oil and gas company’s stock after purchasing an additional 5,370 shares during the period. Systematic Financial Management LP’s holdings in Alon USA Energy were worth $4,516,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of ALJ. Teachers Advisors LLC grew its holdings in Alon USA Energy by 12.5% in the fourth quarter. Teachers Advisors LLC now owns 104,083 shares of the oil and gas company’s stock valued at $1,184,000 after purchasing an additional 11,579 shares during the last quarter. DUPONT CAPITAL MANAGEMENT Corp acquired a new stake in Alon USA Energy in the first quarter valued at $546,000. State Board of Administration of Florida Retirement System acquired a new stake in Alon USA Energy in the first quarter valued at $315,000. Engineers Gate Manager LP acquired a new stake in Alon USA Energy in the first quarter valued at $654,000. Finally, TFS Capital LLC acquired a new stake in Alon USA Energy in the first quarter valued at $416,000. 49.46% of the stock is currently owned by institutional investors.
WARNING: This piece was first published by Stock Observer and is owned by of Stock Observer. If you are accessing this piece on another domain, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this piece can be viewed at https://www.thestockobserver.com/2017/09/13/systematic-financial-management-lp-boosts-holdings-in-alon-usa-energy-inc-alj.html.
Shares of Alon USA Energy, Inc. (NYSE:ALJ) opened at 13.32 on Wednesday. The firm has a 50-day moving average price of $12.92 and a 200 day moving average price of $12.12. Alon USA Energy, Inc. has a 12-month low of $5.86 and a 12-month high of $13.97.
Alon USA Energy Company Profile
Alon USA Energy, Inc is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company’s segments include refining and marketing, asphalt and retail. Its refineries produce petroleum products, including various grades of gasoline, diesel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt, and other petroleum-based products.
Want to see what other hedge funds are holding ALJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alon USA Energy, Inc. (NYSE:ALJ).
Receive News & Ratings for Alon USA Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alon USA Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.