15,157 Shares in Par Pacific Holdings, Inc. (NYSE:PARR) Bought by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new position in shares of Par Pacific Holdings, Inc. (NYSE:PARR) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 15,157 shares of the company’s stock, valued at approximately $551,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jacobs Levy Equity Management Inc. increased its stake in Par Pacific by 14.2% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,243,068 shares of the company’s stock valued at $44,676,000 after buying an additional 154,571 shares during the last quarter. Boston Partners increased its stake in Par Pacific by 6.6% in the 3rd quarter. Boston Partners now owns 1,127,022 shares of the company’s stock valued at $40,016,000 after buying an additional 69,475 shares during the last quarter. Public Employees Retirement System of Ohio increased its stake in Par Pacific by 5,017.3% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 39,454 shares of the company’s stock valued at $1,418,000 after buying an additional 38,683 shares during the last quarter. Hsbc Holdings PLC increased its stake in Par Pacific by 12.1% in the 3rd quarter. Hsbc Holdings PLC now owns 258,976 shares of the company’s stock valued at $9,355,000 after buying an additional 28,023 shares during the last quarter. Finally, Dark Forest Capital Management LP acquired a new stake in Par Pacific in the 3rd quarter valued at $881,000. 92.15% of the stock is currently owned by institutional investors and hedge funds.

Par Pacific Stock Performance

Shares of PARR stock traded down $0.06 during midday trading on Friday, hitting $32.40. 701,982 shares of the company were exchanged, compared to its average volume of 842,673. The firm has a market capitalization of $1.92 billion, a P/E ratio of 2.71 and a beta of 1.95. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.54 and a current ratio of 1.30. The firm’s 50 day moving average price is $36.34 and its two-hundred day moving average price is $35.25. Par Pacific Holdings, Inc. has a 52 week low of $20.30 and a 52 week high of $40.69.

Par Pacific (NYSE:PARR) last announced its quarterly earnings results on Tuesday, February 27th. The company reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.03). Par Pacific had a net margin of 8.85% and a return on equity of 47.63%. The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.45 billion. As a group, equities research analysts anticipate that Par Pacific Holdings, Inc. will post 4.56 earnings per share for the current year.

Insider Buying and Selling at Par Pacific

In other Par Pacific news, insider Jeffrey Ryan Hollis sold 4,700 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $37.39, for a total value of $175,733.00. Following the completion of the transaction, the insider now directly owns 13,176 shares in the company, valued at approximately $492,650.64. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, insider Jeffrey Ryan Hollis sold 4,700 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $37.39, for a total value of $175,733.00. Following the sale, the insider now directly owns 13,176 shares of the company’s stock, valued at approximately $492,650.64. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Ivan Daniel Guerra sold 6,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $37.49, for a total transaction of $224,940.00. Following the completion of the sale, the chief accounting officer now directly owns 16,200 shares in the company, valued at $607,338. The disclosure for this sale can be found here. Corporate insiders own 4.40% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Piper Sandler boosted their price objective on shares of Par Pacific from $43.00 to $47.00 and gave the stock an “overweight” rating in a research note on Friday, April 5th. StockNews.com lowered shares of Par Pacific from a “buy” rating to a “hold” rating in a research note on Monday, March 4th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Par Pacific currently has an average rating of “Hold” and a consensus target price of $36.75.

Par Pacific Company Profile

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.