Clarus Wealth Advisors acquired a new stake in shares of PBF Energy Inc (NYSE:PBF) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,624 shares of the oil and gas company’s stock, valued at approximately $377,000.
Other large investors also recently made changes to their positions in the company. TIAA CREF Investment Management LLC grew its stake in shares of PBF Energy by 0.5% in the second quarter. TIAA CREF Investment Management LLC now owns 221,587 shares of the oil and gas company’s stock worth $4,933,000 after purchasing an additional 1,128 shares during the last quarter. Principal Financial Group Inc. boosted its position in PBF Energy by 0.4% during the 3rd quarter. Principal Financial Group Inc. now owns 471,124 shares of the oil and gas company’s stock valued at $13,007,000 after acquiring an additional 2,107 shares in the last quarter. Great West Life Assurance Co. Can boosted its position in PBF Energy by 2.9% during the 3rd quarter. Great West Life Assurance Co. Can now owns 77,373 shares of the oil and gas company’s stock valued at $2,152,000 after acquiring an additional 2,176 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of PBF Energy by 1.3% during the third quarter. Rhumbline Advisers now owns 194,054 shares of the oil and gas company’s stock valued at $5,358,000 after purchasing an additional 2,525 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of PBF Energy by 26.9% during the second quarter. Stifel Financial Corp now owns 12,587 shares of the oil and gas company’s stock valued at $280,000 after purchasing an additional 2,668 shares during the last quarter.
Shares of PBF Energy Inc (NYSE PBF) traded down $0.01 during midday trading on Wednesday, hitting $29.81. 254,687 shares of the stock traded hands, compared to its average volume of 2,048,984. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.50 and a quick ratio of 0.50. The stock has a market cap of $3,263.67, a PE ratio of 14.10, a price-to-earnings-growth ratio of 0.86 and a beta of 1.22. PBF Energy Inc has a 52-week low of $18.48 and a 52-week high of $37.01.
Several equities analysts have recently issued reports on the stock. ValuEngine upgraded shares of PBF Energy from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Scotiabank restated a “buy” rating and issued a $41.00 price objective on shares of PBF Energy in a report on Wednesday, January 10th. Royal Bank of Canada restated a “hold” rating and issued a $34.00 price objective on shares of PBF Energy in a report on Tuesday, January 30th. Tudor Pickering raised shares of PBF Energy from a “hold” rating to a “buy” rating in a research report on Monday, November 6th. Finally, Zacks Investment Research downgraded shares of PBF Energy from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. PBF Energy currently has an average rating of “Hold” and a consensus price target of $32.30.
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PBF Energy Company Profile
PBF Energy Inc (PBF Energy) is a holding company. The Company is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company operates through two segments: Refining and Logistics.
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