17,464 Shares in Par Pacific Holdings, Inc. (NYSE:PARR) Acquired by GF Fund Management CO. LTD.

GF Fund Management CO. LTD. acquired a new stake in shares of Par Pacific Holdings, Inc. (NYSE:PARR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 17,464 shares of the company's stock, valued at approximately $286,000.

Several other institutional investors also recently bought and sold shares of PARR. GTS Securities LLC purchased a new position in Par Pacific in the fourth quarter worth $276,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Par Pacific by 9.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 139,623 shares of the company's stock valued at $2,288,000 after buying an additional 11,891 shares during the last quarter. iSAM Funds UK Ltd grew its holdings in shares of Par Pacific by 63.5% during the fourth quarter. iSAM Funds UK Ltd now owns 19,697 shares of the company's stock valued at $323,000 after buying an additional 7,651 shares during the last quarter. Two Sigma Investments LP purchased a new stake in shares of Par Pacific during the fourth quarter valued at $544,000. Finally, ProShare Advisors LLC grew its holdings in shares of Par Pacific by 40.5% during the fourth quarter. ProShare Advisors LLC now owns 16,420 shares of the company's stock valued at $269,000 after buying an additional 4,733 shares during the last quarter. 92.15% of the stock is owned by hedge funds and other institutional investors.

Par Pacific Stock Down 1.0%

NYSE:PARR traded down $0.21 during midday trading on Friday, hitting $21.79. 280,858 shares of the company were exchanged, compared to its average volume of 1,138,499. The company has a fifty day simple moving average of $16.02 and a 200 day simple moving average of $16.12. Par Pacific Holdings, Inc. has a fifty-two week low of $11.86 and a fifty-two week high of $27.45. 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 company has a market capitalization of $1.12 billion, a PE ratio of 4.21 and a beta of 1.50.

Par Pacific (NYSE:PARR - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The company reported ($0.94) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.40) by ($0.54). The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.49 billion. Par Pacific had a return on equity of 10.06% and a net margin of 3.74%. The company's revenue was down 11.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.69 earnings per share. As a group, equities analysts anticipate that Par Pacific Holdings, Inc. will post 0.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on PARR shares. UBS Group dropped their price objective on shares of Par Pacific from $20.00 to $14.75 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. TD Cowen decreased their target price 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. Wall Street Zen downgraded shares of Par Pacific from a "hold" rating to a "sell" rating in a research report on Friday, February 28th. The Goldman Sachs Group downgraded shares of Par Pacific from a "buy" rating to a "neutral" rating and set a $19.00 target price for the company. in a research report on Wednesday. Finally, Mizuho boosted their target price on shares of Par Pacific from $18.00 to $21.00 and gave the company a "neutral" rating in a research report on Tuesday, May 13th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $21.25.

About Par Pacific

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.