Sanctuary Advisors LLC Has $843,000 Stock Holdings in Par Pacific Holdings, Inc. (NYSE:PARR)

Sanctuary Advisors LLC increased its position in Par Pacific Holdings, Inc. (NYSE:PARR - Free Report) by 126.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 49,256 shares of the company's stock after purchasing an additional 27,480 shares during the period. Sanctuary Advisors LLC owned about 0.09% of Par Pacific worth $843,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PARR. Harbor Capital Advisors Inc. lifted its position in Par Pacific by 160.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 513,254 shares of the company's stock worth $9,033,000 after buying an additional 315,967 shares in the last quarter. Walleye Capital LLC boosted its holdings in Par Pacific by 1,014.3% in the third quarter. Walleye Capital LLC now owns 273,868 shares of the company's stock worth $4,820,000 after purchasing an additional 249,290 shares in the last quarter. State Street Corp increased its position in Par Pacific by 10.5% during the third quarter. State Street Corp now owns 3,461,282 shares of the company's stock worth $60,919,000 after buying an additional 328,325 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Par Pacific by 7.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 127,732 shares of the company's stock worth $2,248,000 after buying an additional 8,844 shares during the last quarter. Finally, Algert Global LLC increased its holdings in shares of Par Pacific by 63.8% during the 3rd quarter. Algert Global LLC now owns 303,970 shares of the company's stock valued at $5,350,000 after acquiring an additional 118,393 shares during the last quarter. Institutional investors and hedge funds own 92.15% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on PARR. Mizuho lowered shares of Par Pacific from an "outperform" rating to a "neutral" rating and decreased their price target for the stock from $26.00 to $22.00 in a research report on Monday, December 16th. JPMorgan Chase & Co. decreased their target price on Par Pacific from $27.00 to $26.00 and set an "overweight" rating on the stock in a research report on Thursday, January 16th. The Goldman Sachs Group reduced their price objective on Par Pacific from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Thursday. TD Cowen cut their target price on Par Pacific from $21.00 to $17.00 and set a "buy" rating for the company in a research note on Thursday. Finally, StockNews.com downgraded shares of Par Pacific from a "hold" rating to a "sell" rating in a research note on Friday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $22.86.

Par Pacific Price Performance

Shares of NYSE:PARR traded down $1.08 on Monday, hitting $13.30. The stock had a trading volume of 1,451,430 shares, compared to its average volume of 1,063,402. The company has a market capitalization of $743.88 million, a price-to-earnings ratio of 2.58 and a beta of 1.99. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.66 and a current ratio of 1.69. The firm's 50 day moving average price is $16.65 and its 200-day moving average price is $17.64. Par Pacific Holdings, Inc. has a twelve month low of $12.90 and a twelve month high of $40.20.

Par Pacific (NYSE:PARR - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.79) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.64). The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.68 billion. Par Pacific had a return on equity of 10.06% and a net margin of 3.74%. On average, equities research analysts predict that Par Pacific Holdings, Inc. will post 0.15 earnings per share for the current year.

Insider Buying and Selling at Par Pacific

In other Par Pacific news, Director William Pate sold 67,700 shares of the company's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $16.22, for a total transaction of $1,098,094.00. Following the completion of the sale, the director now owns 524,610 shares in the company, valued at approximately $8,509,174.20. The trade was a 11.43 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 4.40% of the company's stock.

Par Pacific Profile

Par Pacific Holdings, Inc owns and operates energy and infrastructure businesses. The company operates through Refining, Retail, and Logistics segments. The Refining segment owns and operates refineries that produce gasoline, distillate, asphalt, and other products primarily for consumption in Kapolei, Hawaii, Newcastle, Wyoming, Tacoma, Washington, and Billings, Montana.