Media coverage about HollyFrontier (NYSE:HFC) has trended somewhat positive on Tuesday, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HollyFrontier earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the oil and gas company an impact score of 45.8515783328373 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern’s scoring:
- How Did Andeavor Stock Perform after Its 4Q17 Earnings? (finance.yahoo.com)
- Zacks Investment Research Lowers HollyFrontier (HFC) to Hold (americanbankingnews.com)
- Is a Surprise Coming for HollyFrontier (HFC) This Earnings Season? (zacks.com)
- $0.82 Earnings Per Share Expected for HollyFrontier Corp (HFC) This Quarter (americanbankingnews.com)
- HollyFrontier (HFC) Stock Rating Reaffirmed by Barclays (americanbankingnews.com)
Shares of HollyFrontier (NYSE:HFC) traded down $0.42 during trading hours on Tuesday, reaching $45.98. 3,910,000 shares of the company traded hands, compared to its average volume of 2,450,000. The company has a market cap of $8,150.00, a P/E ratio of 24.20, a price-to-earnings-growth ratio of 1.29 and a beta of 1.12. HollyFrontier has a one year low of $23.46 and a one year high of $53.21. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.00 and a quick ratio of 0.98.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 14th. Investors of record on Wednesday, February 28th will be issued a dividend of $0.33 per share. The ex-dividend date is Tuesday, February 27th. This represents a $1.32 annualized dividend and a yield of 2.87%. HollyFrontier’s payout ratio is 69.47%.
HFC has been the topic of several recent research reports. Argus upgraded shares of HollyFrontier from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Monday, November 20th. Zacks Investment Research cut shares of HollyFrontier from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Howard Weil cut shares of HollyFrontier from a “focus list” rating to an “outperform” rating in a research report on Friday, December 22nd. ValuEngine upgraded shares of HollyFrontier from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd. Finally, Bank of America cut shares of HollyFrontier from a “neutral” rating to an “underperform” rating in a research report on Friday, December 8th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $42.67.
In related news, Director Michael Jennings sold 4,500 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $44.50, for a total transaction of $200,250.00. Following the transaction, the director now directly owns 49,717 shares in the company, valued at approximately $2,212,406.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James H. Lee sold 5,149 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $47.17, for a total transaction of $242,878.33. Following the transaction, the director now owns 52,240 shares in the company, valued at $2,464,160.80. The disclosure for this sale can be found here. Insiders have sold a total of 69,649 shares of company stock worth $3,515,728 over the last quarter. 0.51% of the stock is currently owned by insiders.
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HollyFrontier Corporation is an independent petroleum refiner. The Company produces various light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. It segments include Refining and Holly Energy Partners, L.P. (HEP). The Refining segment includes the operations of the Company’s El Dorado, Kansas (the El Dorado Refinery); refinery facilities located in Tulsa, Oklahoma (collectively, the Tulsa Refineries); a refinery in Artesia, New Mexico that is operated in conjunction with crude oil distillation and vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively, the Navajo Refinery); refinery located in Cheyenne, Wyoming (the Cheyenne Refinery); a refinery in Woods Cross, Utah (the Woods Cross Refinery), and HollyFrontier Asphalt Company (HFC Asphalt).
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