HollyFrontier Corporation (HFC) has been under a strong bear grip, hence the stock is down -4.51% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.16% in the past 1 week. The stock has risen by 5.72% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.33% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 0.83% and the 50-Day Moving Average is 7.65%.
HollyFrontier Corporation (NYSE:HFC): The stock opened at $25.06 on Friday but the bulls could not build on the opening and the stock topped out at $25.19 for the day. The stock traded down to $24.01 during the day, due to lack of any buying support eventually closed down at $24.02 with a loss of -3.84% for the day. The stock had closed at $24.98 on the previous day. The total traded volume was 4,308,073 shares.
The company Insiders own 0.52% of HollyFrontier Corporation shares according to the proxy statements. Institutional Investors own 83.58% of HollyFrontier Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -43.25%. In a related news,The director officer (Executive Chairman) of Hollyfrontier Corp, Jennings Michael sold 35,000 shares at $35.53 on March 29, 2016. The Insider selling transaction had a total value worth of $1,243,550. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.