XTX Topco Ltd Makes New Investment in Par Pacific Holdings, Inc. (NYSE:PARR)

XTX Topco Ltd bought a new position in Par Pacific Holdings, Inc. (NYSE:PARR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 43,674 shares of the company's stock, valued at approximately $716,000. XTX Topco Ltd owned 0.08% of Par Pacific as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC grew its holdings 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 purchasing an additional 1,167 shares in the last quarter. Sterling Capital Management LLC grew its stake in Par Pacific by 821.5% in the 4th quarter. Sterling Capital Management LLC now owns 1,714 shares of the company's stock worth $28,000 after buying an additional 1,528 shares in the last quarter. US Bancorp DE grew its stake in Par Pacific by 55.7% in the 4th quarter. US Bancorp DE now owns 1,823 shares of the company's stock worth $30,000 after buying an additional 652 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in Par Pacific by 37.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,557 shares of the company's stock worth $42,000 after buying an additional 700 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its stake in Par Pacific by 123.1% in the 4th quarter. Quadrant Capital Group LLC now owns 3,233 shares of the company's stock worth $53,000 after buying an additional 1,784 shares in the last quarter. Institutional investors own 92.15% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on PARR shares. StockNews.com cut shares of Par Pacific from a "hold" rating to a "sell" rating in a research note on Friday, February 28th. The Goldman Sachs Group raised shares of Par Pacific from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $18.00 to $19.00 in a research note on Thursday, March 27th. TD Cowen cut 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 note on Thursday, February 27th. JPMorgan Chase & Co. cut their price target on shares of Par Pacific from $27.00 to $26.00 and set an "overweight" rating for the company in a research note on Thursday, January 16th. Finally, UBS Group cut their price objective on shares of Par Pacific from $20.00 to $14.75 and set a "neutral" rating for the company in a research note on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $20.68.

Par Pacific Trading Up 1.7 %

PARR traded up $0.24 during trading on Wednesday, hitting $14.20. 381,498 shares of the stock traded hands, compared to its average volume of 1,361,128. The firm has a market capitalization of $771.78 million, a P/E ratio of 2.75 and a beta of 1.64. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.69 and a quick ratio of 0.66. The firm has a 50-day moving average of $13.99 and a 200 day moving average of $15.91. Par Pacific Holdings, Inc. has a 12-month low of $11.86 and a 12-month high of $32.90.

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 for the quarter, missing the consensus estimate of ($0.15) by ($0.64). The firm had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.68 billion. Par Pacific had a net margin of 3.74% and a return on equity of 10.06%. Equities research analysts anticipate that Par Pacific Holdings, Inc. will post 0.15 EPS for the current year.

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.