NYSE:HEPHolly Energy Partners Stock Price, Forecast & News

Holly Energy Partners' stock was trading at $14.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, HEP stock has increased by 6.5% and is now trading at $15.32.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Holly Energy Partners in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Holly Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
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Holly Energy Partners, L.P. (NYSE:HEP) released its quarterly earnings data on Wednesday, August, 5th. The pipeline company reported $0.73 EPS for the quarter, topping the Zacks' consensus estimate of $0.29 by $0.44. The pipeline company had revenue of $114.80 million for the quarter, compared to analyst estimates of $105.32 million. Holly Energy Partners had a return on equity of 42.22% and a net margin of 44.95%. The firm's revenue was down 12.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 earnings per share.
View Holly Energy Partners' earnings history.

Holly Energy Partners declared a quarterly dividend on Thursday, July 23rd. Shareholders of record on Monday, August 3rd will be paid a dividend of $0.35 per share on Thursday, August 13th. This represents a $1.40 dividend on an annualized basis and a yield of 9.14%. The ex-dividend date is Friday, July 31st.
View Holly Energy Partners' dividend history.

8 Wall Street analysts have issued 12-month price objectives for Holly Energy Partners' stock. Their forecasts range from $14.00 to $22.00. On average, they anticipate Holly Energy Partners' stock price to reach $17.10 in the next year. This suggests a possible upside of 11.6% from the stock's current price.
View analysts' price targets for Holly Energy Partners.

Media stories about HEP stock have been trending somewhat negative on Monday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Holly Energy Partners earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave news articles about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about Holly Energy Partners.

Holly Energy Partners saw a decline in short interest in January. As of January 15th, there was short interest totaling 1,530,000 shares, a decline of 10.5% from the December 31st total of 1,710,000 shares. Based on an average trading volume of 336,600 shares, the days-to-cover ratio is presently 4.5 days. Currently, 3.4% of the company's shares are short sold.
View Holly Energy Partners' Short Interest.

Some companies that are related to Holly Energy Partners include Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), NuStar Energy (NS), Plains GP (PAGP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Holly Energy Partners investors own include Buckeye Partners (BPL), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), Exxon Mobil (XOM), New Residential Investment (NRZ), Enbridge (ENB), Omega Healthcare Investors (OHI), Pfizer (PFE) and Golar LNG Partners (GMLP).

Holly Energy Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "HEP."

Holly Energy Partners' stock is owned by many different retail and institutional investors. Top institutional investors include Alps Advisors Inc. (5.29%), UBS Group AG (1.26%), Tiedemann Advisors LLC (0.44%), Miller Howard Investments Inc. NY (0.33%), First Trust Advisors LP (0.17%) and Arkfeld Wealth Strategies L.L.C. (0.17%). Company insiders that own Holly Energy Partners stock include Eric L Mattson, Kenneth Norwood and Michael Jennings.
View institutional ownership trends for Holly Energy Partners.

HEP stock was sold by a variety of institutional investors in the last quarter, including Alps Advisors Inc., First Trust Advisors LP, Dividend Assets Capital LLC, Tiedemann Advisors LLC, Avalon Investment & Advisory, Truvestments Capital LLC, Spirit of America Management Corp NY, and HighTower Advisors LLC.
View insider buying and selling activity for Holly Energy Partners.

HEP stock was acquired by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, NN Investment Partners Holdings N.V., UBS Group AG, Locust Wood Capital Advisers LLC, Sumitomo Mitsui Trust Holdings Inc., Hunter Perkins Capital Management LLC, Arkfeld Wealth Strategies L.L.C., and PNC Financial Services Group Inc..
View insider buying and selling activity for Holly Energy Partners.

Shares of HEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HEP stock can currently be purchased for approximately $15.32.

Holly Energy Partners has a market capitalization of $1.62 billion and generates $532.78 million in revenue each year. The pipeline company earns $224.88 million in net income (profit) each year or $1.87 on an earnings per share basis.

The official website for Holly Energy Partners is www.hollyenergy.com.

Holly Energy Partners' mailing address is 2828 NORTH HARWOOD SUITE 1300, DALLAS TX, 75201. The pipeline company can be reached via phone at 214-871-3555 or via email at [email protected]