HollyFrontier Corporation (NYSE:HFC) declared a quarterly dividend on Thursday, February 16th. Investors of record on Tuesday, February 28th will be given a dividend of 0.33 per share on Tuesday, March 14th. This represents a $1.32 annualized dividend and a dividend yield of 4.40%. The ex-dividend date of this dividend is Friday, February 24th.

HollyFrontier Corporation (NYSE:HFC) traded down 0.50% during trading on Thursday, hitting $30.00. 2,566,277 shares of the company traded hands. The firm’s market capitalization is $5.27 billion. HollyFrontier Corporation has a 12-month low of $22.07 and a 12-month high of $39.17. The stock has a 50-day moving average price of $30.46 and a 200-day moving average price of $27.62.

Dividend History for HollyFrontier Corporation (NYSE:HFC)

In other news, Director James H. Lee sold 2,730 shares of the company’s stock in a transaction that occurred on Tuesday, December 20th. The stock was sold at an average price of $31.72, for a total transaction of $86,595.60. Following the transaction, the director now directly owns 54,199 shares of the company’s stock, valued at $1,719,192.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Jennings sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, December 5th. The stock was sold at an average price of $30.05, for a total value of $601,000.00. Following the transaction, the insider now directly owns 102,318 shares in the company, valued at $3,074,655.90. The disclosure for this sale can be found here. Insiders have sold 29,259 shares of company stock worth $897,699 over the last ninety days. 0.52% of the stock is owned by insiders.

HFC has been the topic of a number of recent analyst reports. Scotiabank lowered HollyFrontier Corporation from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $29.00 to $24.00 in a research note on Friday, October 21st. Vetr raised HollyFrontier Corporation from a “strong sell” rating to a “sell” rating and set a $23.33 price objective on the stock in a research note on Monday, November 14th. Tudor Pickering raised HollyFrontier Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, November 1st. Credit Suisse Group raised HollyFrontier Corporation from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $29.00 to $38.00 in a research note on Monday, December 5th. Finally, Howard Weil lowered HollyFrontier Corporation from a “sector outperform” rating to a “sector perform” rating and cut their price objective for the stock from $29.00 to $24.00 in a research note on Wednesday, October 19th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $31.30.

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HollyFrontier Corporation Company Profile

HollyFrontier Corporation (HollyFrontier) is an independent petroleum refiner. The Company produces various refined products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. The Company operates through two segments: Refining and Holly Energy Partners, L.P.

5 Day Chart for NYSE:HFC

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