2 weeks Ago By ABMN Staff
Bank of Montreal Can raised its stake in Par Pacific Holdings, Inc. ( NYSE:PARR – Free Report ) by 8.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 16,522 shares of the company’s stock after buying an additional 1,351 shares during the period. Bank of Montreal Can’s holdings in Par Pacific were worth $271,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds have also added to or reduced their stakes in the stock.
Geode Capital Management LLC boosted its holdings in shares of Par Pacific by 0.6% in the third quarter. Geode Capital Management LLC now owns 1,283,303 shares of the company’s stock valued at $22,591,000 after purchasing an additional 7,804 shares during the period.
Charles Schwab Investment Management Inc. raised its position in Par Pacific by 22.6% during the 4th quarter.
Charles Schwab Investment Management Inc. now owns 909,220 shares of the company’s stock valued at $14,902,000 after purchasing an additional 167,594 shares in the last quarter. Barclays PLC lifted its holdings in shares of Par Pacific by 10.
1% in the 3rd quarter. Barclays PLC now owns 469,640 shares of the company’s stock worth $8,265,000 after buying an additional 42,930 shares during the period. Empowered Funds LLC grew its position in shares of Par Pacific by 5.
1% during the 4th quarter. Empowered Funds LLC now owns 313,768 shares of the company’s stock worth $5,143,000 after buying an additional 15,240 shares in the last quarter. Finally, Principal Financial Group Inc.
grew its position in shares of Par Pacific by 2.2% during the 4th quarter. Principal Financial Group Inc.
now owns 271,242 shares of the company’s stock worth $4,446,000 after buying an additional 5,710 shares in the last quarter. 92.15% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In A number of research firms recently weighed in on PARR. Piper Sandler lowered their price objective on shares of Par Pacific from $25.00 to $21.
00 and set an “overweight” rating for the company in a research note on Friday, March 7th. StockNews.com cut shares of Par Pacific from a “hold” rating to a “sell” rating in a research report on Friday, February 28th.
JPMorgan Chase & Co. dropped their price objective on shares of Par Pacific from $27.00 to $26.
00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. UBS Group reduced their price objective on shares of Par Pacific from $20.00 to $14.
75 and set a “neutral” rating for the company in a research note on Wednesday, April 16th. Finally, TD Cowen dropped their target price on Par Pacific from $21.00 to $17.
00 and set a “buy” rating on the stock in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Par Pacific has an average rating of “Hold” and an average target price of $20.
68. Par Pacific Price Performance NYSE PARR opened at $14.55 on Friday.
Par Pacific Holdings, Inc. has a 12-month low of $11.86 and a 12-month high of $32.
74. The firm’s fifty day simple moving average is $13.93 and its two-hundred day simple moving average is $15.
86. The company has a current ratio of 1.69, a quick ratio of 0.
66 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $790.
54 million, a P/E ratio of 2.82 and a beta of 1.64.
Par Pacific ( NYSE:PARR – Get Free Report ) last announced its earnings results on Tuesday, February 25th. The company reported ($0.79) earnings per share for the quarter, missing the consensus estimate of ($0.
15) by ($0.64). Par Pacific had a return on equity of 10.
06% and a net margin of 3.74%. The business had revenue of $1.
83 billion for the quarter, compared to analysts’ expectations of $1.68 billion. Analysts forecast that Par Pacific Holdings, Inc.
will post 0.15 EPS for the current fiscal year. Par Pacific Company Profile ( Free Report ) Par Pacific Holdings, Inc owns and operates energy and infrastructure businesses.
The company operates through Refining, Retail, and Logistics segments. The Refining segment owns and operates refineries that produce gasoline, distillate, asphalt, and other products primarily for consumption in Kapolei, Hawaii, Newcastle, Wyoming, Tacoma, Washington, and Billings, Montana. See Also Want to see what other hedge funds are holding PARR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Par Pacific Holdings, Inc. ( NYSE:PARR – Free Report ). Receive News & Ratings for Par Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Par Pacific and related companies with MarketBeat.
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