PBF Energy Inc (PBF) Stake Decreased by Boston Partners
Boston Partners lowered its position in PBF Energy Inc (NYSE:PBF) by 45.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,129 shares of the oil and gas company’s stock after selling 87,654 shares during the quarter. Boston Partners’ holdings in PBF Energy were worth $3,727,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp raised its stake in shares of PBF Energy by 48.0% in the second quarter. State Street Corp now owns 4,969,947 shares of the oil and gas company’s stock valued at $110,639,000 after acquiring an additional 1,611,707 shares during the period. Cornerstone Capital Management Holdings LLC. purchased a new stake in shares of PBF Energy in the third quarter valued at $838,000. Northern Trust Corp raised its stake in shares of PBF Energy by 63.2% in the second quarter. Northern Trust Corp now owns 998,936 shares of the oil and gas company’s stock valued at $22,237,000 after acquiring an additional 386,930 shares during the period. Bank of New York Mellon Corp raised its stake in shares of PBF Energy by 2.6% in the third quarter. Bank of New York Mellon Corp now owns 2,018,212 shares of the oil and gas company’s stock valued at $55,722,000 after acquiring an additional 50,806 shares during the period. Finally, Ameritas Investment Partners Inc. purchased a new stake in shares of PBF Energy in the second quarter valued at $715,000.
PBF Energy Inc (PBF) opened at $29.82 on Wednesday. The company has a market cap of $3,214.15, a PE ratio of 14.27, a P/E/G ratio of 0.85 and a beta of 1.22. PBF Energy Inc has a 12 month low of $18.48 and a 12 month high of $37.01. The company has a quick ratio of 0.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.81.
About PBF Energy
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.
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