2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. lessened its stake in PBF Energy Inc. ( NYSE:PBF – Free Report ) by 15.
0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 76,763 shares of the oil and gas company’s stock after selling 13,595 shares during the quarter.
Russell Investments Group Ltd.’s holdings in PBF Energy were worth $2,037,000 at the end of the most recent reporting period. A number of other institutional investors have also recently made changes to their positions in the stock.
Fortitude Family Office LLC lifted its holdings in shares of PBF Energy by 968.8% during the 4th quarter. Fortitude Family Office LLC now owns 1,165 shares of the oil and gas company’s stock worth $31,000 after acquiring an additional 1,056 shares during the last quarter.
Golden State Wealth Management LLC bought a new stake in PBF Energy during the fourth quarter worth about $61,000. EverSource Wealth Advisors LLC boosted its holdings in shares of PBF Energy by 33.2% in the 4th quarter.
EverSource Wealth Advisors LLC now owns 2,463 shares of the oil and gas company’s stock worth $65,000 after purchasing an additional 614 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of PBF Energy during the 4th quarter valued at about $68,000.
Finally, Spire Wealth Management lifted its position in PBF Energy by 28.2% in the 4th quarter. Spire Wealth Management now owns 2,660 shares of the oil and gas company’s stock worth $71,000 after buying an additional 585 shares during the last quarter.
Institutional investors own 96.29% of the company’s stock. Insider Activity In related news, insider Control Empresarial De Capital purchased 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd.
The shares were bought at an average price of $29.60 per share, for a total transaction of $2,960,000.00.
Following the purchase, the insider now directly owns 29,084,998 shares of the company’s stock, valued at approximately $860,915,940.80. This represents a 0.
35 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . In the last 90 days, insiders have acquired 727,000 shares of company stock worth $17,562,580.
Corporate insiders own 5.30% of the company’s stock. Analysts Set New Price Targets Get Our Latest Stock Report on PBF Energy PBF Energy Stock Up 2.
0 % Shares of NYSE PBF opened at $15.18 on Friday. The firm has a fifty day simple moving average of $19.
65 and a two-hundred day simple moving average of $26.39. PBF Energy Inc.
has a 12 month low of $13.62 and a 12 month high of $58.17.
The company has a current ratio of 1.25, a quick ratio of 0.54 and a debt-to-equity ratio of 0.
26. The firm has a market capitalization of $1.75 billion, a PE ratio of -3.
22 and a beta of 1.15. PBF Energy ( NYSE:PBF – Get Free Report ) last released its quarterly earnings results on Thursday, February 13th.
The oil and gas company reported ($2.82) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.80) by ($1.
02). PBF Energy had a negative return on equity of 7.40% and a negative net margin of 1.
61%. The company had revenue of $7.35 billion during the quarter, compared to the consensus estimate of $7.
25 billion. Equities analysts expect that PBF Energy Inc. will post -1.
12 earnings per share for the current year. PBF Energy Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 27th were given a dividend of $0.
275 per share. This represents a $1.10 annualized dividend and a yield of 7.
25%. The ex-dividend date of this dividend was Thursday, February 27th. PBF Energy’s dividend payout ratio is currently -23.
35%. About PBF Energy ( Free Report ) PBF Energy Inc, through its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics.
It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products from crude oil. See Also Want to see what other hedge funds are holding PBF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PBF Energy Inc.
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