Capital One National Association cut its position in shares of PBF Energy Inc. (NYSE:PBF) by 0.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,543 shares of the company’s stock after selling 104 shares during the period. Capital One National Association owned about 0.05% of PBF Energy worth $1,122,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. River Road Asset Management LLC increased its position in shares of PBF Energy by 2.1% in the third quarter. River Road Asset Management LLC now owns 539,928 shares of the company’s stock worth $12,224,000 after buying an additional 11,303 shares during the last quarter. Towle & Co. increased its position in shares of PBF Energy by 19.0% in the second quarter. Towle & Co. now owns 763,405 shares of the company’s stock worth $18,154,000 after buying an additional 121,644 shares during the last quarter. Neuberger Berman Group LLC increased its position in shares of PBF Energy by 185.5% in the second quarter. Neuberger Berman Group LLC now owns 18,556 shares of the company’s stock worth $441,000 after buying an additional 12,057 shares during the last quarter. Nationwide Fund Advisors increased its position in shares of PBF Energy by 24.4% in the second quarter. Nationwide Fund Advisors now owns 59,841 shares of the company’s stock worth $1,423,000 after buying an additional 11,745 shares during the last quarter. Finally, New Amsterdam Partners LLC NY increased its position in shares of PBF Energy by 2.7% in the second quarter. New Amsterdam Partners LLC NY now owns 302,972 shares of the company’s stock worth $7,205,000 after buying an additional 7,873 shares during the last quarter. Institutional investors own 92.72% of the company’s stock.

Institutional Ownership by Quarter for PBF Energy (NYSE:PBF)

Shares of PBF Energy Inc. (NYSE:PBF) traded down 0.42% during trading on Friday, hitting $23.71. The stock had a trading volume of 2,555,798 shares. The stock’s 50-day moving average price is $26.47 and its 200 day moving average price is $23.53. The stock’s market cap is $2.33 billion. PBF Energy Inc. has a one year low of $19.47 and a one year high of $36.56.

PBF Energy (NYSE:PBF) last announced its quarterly earnings data on Friday, October 28th. The company reported ($0.16) EPS for the quarter, missing the Zacks’ consensus estimate of $0.44 by $0.60. The company had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.23 billion. PBF Energy had a negative net margin of 0.02% and a positive return on equity of 0.11%. The firm’s quarterly revenue was up 40.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.85 EPS. On average, equities analysts forecast that PBF Energy Inc. will post ($0.93) EPS for the current year.

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PBF has been the subject of a number of research reports. Piper Jaffray Companies lifted their target price on PBF Energy from $17.00 to $20.00 and gave the company a “neutral” rating in a research note on Friday, September 16th. Barclays PLC downgraded PBF Energy from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $26.00 to $19.00 in a research note on Monday, October 10th. Howard Weil downgraded PBF Energy from a “focus stock” rating to a “sector outperform” rating and decreased their target price for the company from $29.00 to $24.00 in a research note on Wednesday, October 19th. Credit Suisse Group downgraded PBF Energy from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $28.00 to $22.00 in a research note on Tuesday, October 11th. Finally, Scotiabank downgraded PBF Energy from a “focus stock” rating to an “outperform” rating and decreased their target price for the company from $29.00 to $24.00 in a research note on Friday, October 21st. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company’s stock. PBF Energy currently has a consensus rating of “Hold” and an average target price of $27.08.

PBF Energy Company Profile

PBF Energy Inc (PBF Energy) is a holding company. The Company is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company operates through two segments: Refining and Logistics.

5 Day Chart for NYSE:PBF

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