1 week Ago By Defense World Staff
Vanguard Group Inc. trimmed its holdings in shares of Par Pacific Holdings, Inc. ( NYSE:PARR – Free Report ) by 8.
6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,271,319 shares of the company’s stock after selling 401,481 shares during the quarter. Vanguard Group Inc.
owned 7.63% of Par Pacific worth $70,007,000 at the end of the most recent reporting period. A number of other large investors also recently bought and sold shares of the stock.
US Bancorp DE raised its stake in shares of Par Pacific by 55.7% in the 4th quarter. US Bancorp DE now owns 1,823 shares of the company’s stock valued at $30,000 after acquiring an additional 652 shares during the period.
Nisa Investment Advisors LLC raised its position in Par Pacific by 37.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 2,557 shares of the company’s stock valued at $42,000 after purchasing an additional 700 shares during the period.
Inspire Investing LLC lifted its stake in Par Pacific by 4.6% during the fourth quarter. Inspire Investing LLC now owns 24,201 shares of the company’s stock worth $397,000 after purchasing an additional 1,066 shares in the last quarter.
GAMMA Investing LLC boosted its position in shares of Par Pacific by 232.5% during the fourth quarter. GAMMA Investing LLC now owns 1,669 shares of the company’s stock worth $27,000 after buying an additional 1,167 shares during the period.
Finally, New York State Teachers Retirement System grew its stake in shares of Par Pacific by 1.8% in the fourth quarter. New York State Teachers Retirement System now owns 98,391 shares of the company’s stock valued at $1,613,000 after buying an additional 1,700 shares in the last quarter.
Institutional investors and hedge funds own 92.15% of the company’s stock. Wall Street Analysts Forecast Growth PARR has been the subject of a number of research analyst reports.
StockNews.com cut Par Pacific from a “hold” rating to a “sell” rating in a report on Friday, February 28th. 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. The Goldman Sachs Group raised shares of Par Pacific from a “neutral” rating to a “buy” rating and upped their target price for the stock from $18.
00 to $19.00 in a research note on Thursday, March 27th. TD Cowen decreased their price target on shares of Par Pacific from $21.
00 to $17.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. Finally, JPMorgan Chase & Co.
cut their price objective on Par Pacific from $27.00 to $26.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th.
One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Par Pacific presently has an average rating of “Hold” and an average price target of $22.71.
Par Pacific Price Performance Shares of PARR opened at $13.68 on Friday. 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’s fifty day simple moving average is $14.60 and its 200-day simple moving average is $16.18.
The firm has a market capitalization of $749.01 million, a price-to-earnings ratio of 2.65 and a beta of 1.
64. Par Pacific Holdings, Inc. has a twelve month low of $11.
86 and a twelve month high of $35.46. Par Pacific ( NYSE:PARR – Get Free Report ) last announced its quarterly earnings results on Tuesday, February 25th.
The company reported ($0.79) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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. Equities 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 Five stocks we like better than Par Pacific Do Real Estate Investment Trusts Deserve a Place in Your Portfolio? Joby Aviation: Operational Momentum vs. Market Sentiment ETF Screener: Uses and Step-by-Step Guide Broadcom’s Big Outperformance Shows Strength Amid Tariff Decline Stock Splits, Do They Really Impact Investors? Carvana: Can Turnaround Strength Outdrive Market Headwinds? 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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