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.

Several brokerages have recently weighed in on PBF. ValuEngine raised shares of PBF Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Royal Bank of Canada reissued a “hold” rating and issued a $34.00 target price on shares of PBF Energy in a research note on Tuesday, January 30th. Citigroup increased their target price on shares of PBF Energy from $37.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, January 24th. Morgan Stanley downgraded shares of PBF Energy from an “equal weight” rating to an “underweight” rating and set a $37.00 price target on the stock. in a research note on Thursday, January 11th. Finally, Scotiabank reaffirmed a “buy” rating and issued a $41.00 price target on shares of PBF Energy in a research note on Wednesday, January 10th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $32.30.

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

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