Punch & Associates Investment Management Inc. decreased its holdings in Par Pacific Holdings, Inc. (NASDAQ:PARR) by 0.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 354,205 shares of the company’s stock after selling 465 shares during the quarter. Punch & Associates Investment Management Inc. owned 0.77% of Par Pacific Holdings worth $6,390,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Schwab Charles Investment Management Inc. boosted its holdings in shares of Par Pacific Holdings by 1.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 148,197 shares of the company’s stock worth $2,674,000 after buying an additional 2,045 shares during the last quarter. Voya Investment Management LLC grew its position in Par Pacific Holdings by 15.3% during the second quarter. Voya Investment Management LLC now owns 16,128 shares of the company’s stock valued at $291,000 after buying an additional 2,143 shares during the period. Tudor Investment Corp ET AL increased its holdings in Par Pacific Holdings by 2.1% during the second quarter. Tudor Investment Corp ET AL now owns 134,661 shares of the company’s stock valued at $2,429,000 after buying an additional 2,731 shares during the last quarter. Rhumbline Advisers increased its holdings in Par Pacific Holdings by 10.1% during the second quarter. Rhumbline Advisers now owns 36,615 shares of the company’s stock valued at $661,000 after buying an additional 3,360 shares during the last quarter. Finally, Acrospire Investment Management LLC purchased a new stake in Par Pacific Holdings during the second quarter valued at approximately $105,000.

In related news, major shareholder Whitebox Advisors Llc sold 32,141 shares of the firm’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $17.74, for a total transaction of $570,181.34. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 1,695,046 shares of company stock worth $32,166,088 in the last 90 days.

Several research analysts have weighed in on PARR shares. Zacks Investment Research downgraded shares of Par Pacific Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Seaport Global Securities upgraded shares of Par Pacific Holdings from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $19.00 to $22.00 in a research note on Monday, September 11th. Finally, Cowen and Company reiterated a “buy” rating and set a $20.00 price target on shares of Par Pacific Holdings in a research note on Thursday, August 17th.

Par Pacific Holdings, Inc. (PARR) traded up 1.01% during mid-day trading on Tuesday, reaching $21.03. The company’s stock had a trading volume of 159,908 shares. Par Pacific Holdings, Inc. has a one year low of $12.47 and a one year high of $21.94. The stock has a 50-day moving average price of $18.53 and a 200-day moving average price of $17.40. The company has a market capitalization of $963.22 million and a price-to-earnings ratio of 46.94.

Par Pacific Holdings (NASDAQ:PARR) last released its quarterly earnings data on Monday, August 7th. The company reported $0.24 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.02. The company had revenue of $564.25 million for the quarter, compared to analysts’ expectations of $600.80 million. Equities research analysts forecast that Par Pacific Holdings, Inc. will post $1.61 EPS for the current year.

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Institutional Ownership by Quarter for Par Pacific Holdings (NASDAQ:PARR)

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