Large Outflow of Money Witnessed in HollyFrontier Corporation

HollyFrontier Corporation (NYSE:HFC) traded higher in the last at $24.95, gaining 0.19 points or 0.78%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-7.16) million. The composite uptick value of $4.95 million was eclipsed by the accrued downtick value of $12.11 million, thereby ensuring the up/down ratio of 0.41. For the week, the shares have posted returns of -7.68%.A block trade registered during the day has revealed $0 million in upticks and $7.35 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-7.35) million.

HollyFrontier Corporation has lost 10.84% in the last five trading days and dropped 14.45% in the last 4 weeks. HollyFrontier Corporation has dropped 32.46% during the last 3-month period . Year-to-Date the stock performance stands at -38.27%.

Currently the company Insiders own 0.52% of HollyFrontier Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.5% . Institutional Investors own 83.29% of HollyFrontier Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -43.25%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Jennings Michael, director officer (Executive Chairman) of Hollyfrontier Corp, had unloaded 35,000 shares at an average price of $35.53 in a transaction dated on March 29, 2016. The total value of the transaction was worth $1,243,550.

HollyFrontier Corporation (NYSE:HFC) witnessed a decline in the market cap on Friday as its shares dropped 2.67% or 0.66 points. After the session commenced at $24.78, the stock reached the higher end at $25.41 while it hit a low of $23.96. With the volume soaring to 6,378,597 shares, the last trade was called at $24.1. The company has a 52-week high of $54.73. The company has a market cap of $4,254 million and there are 176,519,300 shares in outstanding. The 52-week low of the share price is $23.96.

HollyFrontier Corporation is an independent petroleum refiner in the United States. The Company produces refined products, such as gasoline, diesel fuel, jet fuel, lubricant products, and specialty and modified asphalt. The Company operates through two segments, namely, Refining and HEP. The Refining segment includes the operations of its El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries, and NK Asphalt Partners (NK Asphalt). The Companys refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment includes of the operations of the Companys subsidiary Holly Energy Partners, L.P. (HEP). HEP is a limited partnership that acquires, owns and operates of the refined product pipeline and terminalling assets that support the refining and marketing operations in the Mid-Continent, Southwest and Rocky Mountain regions of the United States.

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