HollyFrontier (HFC) Reaches $59.20 After 9.00% Down Move; Alphaone Investment Services Trimmed Cisco Sys (CSCO) Position By $332,006

April 25, 2018 - By Adrian Mccoy

Cisco Systems, Inc. (NASDAQ:CSCO) Logo

The stock of HollyFrontier Corporation (NYSE:HFC) is a huge mover today! The stock decreased 1.97% or $1.19 during the last trading session, reaching $59.2. About 1.56 million shares traded. HollyFrontier Corporation (NYSE:HFC) has risen 84.07% since April 25, 2017 and is uptrending. It has outperformed by 72.52% the S&P500.The move comes after 8 months negative chart setup for the $10.48 billion company. It was reported on Apr, 25 by Barchart.com. We have $53.87 PT which if reached, will make NYSE:HFC worth $943.29 million less.

Alphaone Investment Services Llc decreased Cisco Sys Inc (CSCO) stake by 72.44% reported in 2017Q4 SEC filing. Alphaone Investment Services Llc sold 8,737 shares as Cisco Sys Inc (CSCO)’s stock rose 10.71%. The Alphaone Investment Services Llc holds 3,324 shares with $127,000 value, down from 12,061 last quarter. Cisco Sys Inc now has $208.21 billion valuation. The stock decreased 1.19% or $0.52 during the last trading session, reaching $43.22. About 9.06M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since April 25, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 16. They expect $0.59 EPS, up 9.26% or $0.05 from last year’s $0.54 per share. CSCO’s profit will be $2.84B for 18.31 P/E if the $0.59 EPS becomes a reality. After $0.58 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 1.72% EPS growth.

Among 38 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Cisco Systems Inc. had 156 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Hold” rating by BMO Capital Markets on Thursday, August 17. The firm has “Buy” rating by Piper Jaffray given on Thursday, August 13. The firm earned “Overweight” rating on Thursday, August 18 by Piperjaffray. The rating was maintained by Goldman Sachs with “Neutral” on Thursday, August 18. The stock has “Hold” rating by Stifel Nicolaus on Friday, November 18. The firm has “Hold” rating by Credit Suisse given on Friday, July 21. As per Wednesday, April 18, the company rating was maintained by Piper Jaffray. Jefferies maintained the shares of CSCO in report on Tuesday, September 5 with “Buy” rating. Piper Jaffray maintained the shares of CSCO in report on Tuesday, October 10 with “Buy” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, November 13 report.

Since December 14, 2017, it had 0 insider purchases, and 5 sales for $10.28 million activity. 15,230 shares were sold by MCGEARY RODERICK C, worth $578,740. Another trade for 12,126 shares valued at $550,153 was sold by BURNS M MICHELE. $625,751 worth of stock was sold by SARIN ARUN on Tuesday, February 20. Another trade for 20,671 shares valued at $940,559 was sold by Goeckeler David. Another trade for 200,000 shares valued at $7.59M was sold by BARTZ CAROL.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.01, from 1.02 in 2017Q3. It increased, as 51 investors sold CSCO shares while 660 reduced holdings. 145 funds opened positions while 589 raised stakes. 3.54 billion shares or 1.52% less from 3.60 billion shares in 2017Q3 were reported. Glg Limited Liability Co owns 252,527 shares. Jarislowsky Fraser Limited reported 71,706 shares or 0.02% of all its holdings. 5,320 are owned by First Long Island Investors Limited Company. Cs Mckee Limited Partnership invested in 759,600 shares or 2.17% of the stock. Sfe Invest Counsel reported 25,660 shares. 61,731 are owned by Strategic. Prudential Financial Inc invested in 8.20M shares or 0.43% of the stock. Crawford Inv Counsel stated it has 688,226 shares. Kidder Stephen W has invested 0.22% in Cisco Systems, Inc. (NASDAQ:CSCO). 8,976 were accumulated by Ims Cap Mngmt. New England Rech And Management has invested 1.92% in Cisco Systems, Inc. (NASDAQ:CSCO). Town & Country State Bank & Dba First Bankers has invested 0.66% in Cisco Systems, Inc. (NASDAQ:CSCO). Wolverine Asset Mgmt Lc has invested 0.04% in Cisco Systems, Inc. (NASDAQ:CSCO). 327,259 are owned by Peapack Gladstone Corporation. Pictet Asset Ltd has 0.45% invested in Cisco Systems, Inc. (NASDAQ:CSCO).

Alphaone Investment Services Llc increased Intel Corp (NASDAQ:INTC) stake by 33,867 shares to 34,831 valued at $1.61M in 2017Q4. It also upped Pacwest Bancorp Del (NASDAQ:PACW) stake by 28,244 shares and now owns 113,384 shares. Natural Gas Services Group (NYSE:NGS) was raised too.

Analysts await HollyFrontier Corporation (NYSE:HFC) to report earnings on May, 2 before the open. They expect $0.38 earnings per share, up 300.00% or $0.57 from last year’s $-0.19 per share. HFC’s profit will be $67.28 million for 38.95 P/E if the $0.38 EPS becomes a reality. After $0.70 actual earnings per share reported by HollyFrontier Corporation for the previous quarter, Wall Street now forecasts -45.71% negative EPS growth.

HollyFrontier Corporation operates as an independent petroleum refiner in the United States. The company has market cap of $10.48 billion. The firm operates through two divisions, Refining and HEP. It has a 13.1 P/E ratio. It primarily produces high-value refined products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt.

Among 20 analysts covering HollyFrontier (NYSE:HFC), 7 have Buy rating, 6 Sell and 7 Hold. Therefore 35% are positive. HollyFrontier had 77 analyst reports since July 24, 2015 according to SRatingsIntel. Credit Suisse upgraded the shares of HFC in report on Monday, December 5 to “Outperform” rating. The stock of HollyFrontier Corporation (NYSE:HFC) earned “Outperform” rating by RBC Capital Markets on Friday, November 6. The company was downgraded on Friday, October 6 by JP Morgan. The firm has “Buy” rating given on Thursday, September 7 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Thursday, October 12 with “Buy”. Cowen & Co maintained HollyFrontier Corporation (NYSE:HFC) on Wednesday, February 24 with “Market Perform” rating. The rating was maintained by Oppenheimer on Thursday, August 6 with “Outperform”. The stock of HollyFrontier Corporation (NYSE:HFC) has “Underweight” rating given on Friday, June 17 by Morgan Stanley. Barclays Capital maintained HollyFrontier Corporation (NYSE:HFC) rating on Thursday, February 25. Barclays Capital has “Overweight” rating and $49 target. The stock of HollyFrontier Corporation (NYSE:HFC) earned “Sell” rating by J.P. Morgan on Friday, October 6.

Since November 6, 2017, it had 0 insider purchases, and 2 sales for $789,458 activity. $242,878 worth of HollyFrontier Corporation (NYSE:HFC) was sold by LEE JAMES H. Gann John W Jr had sold 13,000 shares worth $546,580 on Monday, November 6.

HollyFrontier Corporation (NYSE:HFC) Institutional Positions Chart

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