Shares of HollyFrontier Corporation (NYSE:HFC) Sees Large Inflow of Net Money Flow

HollyFrontier Corporation (NYSE:HFC) dropped by -5.31 or -1.44 points during the last session to $25.6 per share. One of the highlights of the day was the net money flow figure, which stood at $2.02 million even as the stock accepted $15.83 million in upticks but rejected $13.81 million in downticks. The up/down ratio for the last observation was a 1.15. The 1-week percentage change for the stock price is registered at -5.62%.A block transaction occurred with $3.23 million in upticks and $1.73 million in downticks while the up/down ratio was calculated to be 1.86. The stock witnessed a net inflow of $1.5 million at the end of the block trade.


Currently the company Insiders own 0.52% of HollyFrontier Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.5% . Institutional Investors own 83.29% of HollyFrontier Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -43.25%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Jennings Michael, director officer (Executive Chairman) of Hollyfrontier Corp, had unloaded 35,000 shares at an average price of $35.53 in a transaction dated on March 29, 2016. The total value of the transaction was worth $1,243,550.

HollyFrontier Corporation (NYSE:HFC) stock ended Monday session in the red zone in a volatile trading. The stock closed down 2.05 points or 7.58% at $24.98 with 5,010,233 shares getting traded. Post opening the session at $26.8, the shares hit an intraday low of $24.95 and an intraday high of $26.83 and the price was in this range throughout the day. The company has a market cap of $4,409 million and the number of outstanding shares have been calculated to be 176,519,300 shares. The 52-week high of HollyFrontier Corporation (NYSE:HFC) is $54.73 and the 52-week low is $24.95.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, JP Morgan, maintains their rating on the shares of HollyFrontier Corporation (NYSE:HFC). JP Morgan has a Neutral rating on the shares. As per the latest research report, the brokerage house lowers the price target to $28 per share from a prior target of $32. The rating by the firm was issued on June 10, 2016.

HollyFrontier Corporation is an independent petroleum refiner in the United States. The Company produces refined products, such as gasoline, diesel fuel, jet fuel, lubricant products, and specialty and modified asphalt. The Company operates through two segments, namely, Refining and HEP. The Refining segment includes the operations of its El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries, and NK Asphalt Partners (NK Asphalt). The Companys refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment includes of the operations of the Companys subsidiary Holly Energy Partners, L.P. (HEP). HEP is a limited partnership that acquires, owns and operates of the refined product pipeline and terminalling assets that support the refining and marketing operations in the Mid-Continent, Southwest and Rocky Mountain regions of the United States.

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