As Pbf Energy INC (PBF) Stock Declined, Holder Capital Growth Management LP Upped Position

Investors sentiment decreased to 0.97 in 2018 Q4. Its down 0.46, from 1.43 in 2018Q3. It turned negative, as 51 investors sold PBF shares while 91 reduced holdings. 34 funds opened positions while 104 raised stakes. 110.66 million shares or 3.21% more from 107.22 million shares in 2018Q3 were reported. Panagora Asset Mngmt Inc reported 0.02% of its portfolio in PBF Energy Inc. (NYSE:PBF). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. Morgan Stanley has 0.01% invested in PBF Energy Inc. (NYSE:PBF) for 676,696 shares. 50,900 are owned by Macquarie Group Inc Limited. Moreover, Earnest Prns Ltd has 0% invested in PBF Energy Inc. (NYSE:PBF). National Bank Of Montreal Can invested 0.05% of its portfolio in PBF Energy Inc. (NYSE:PBF). Blackrock reported 10.84M shares. Barclays Public Ltd Com holds 0.01% or 242,954 shares in its portfolio. 670,312 were accumulated by Amundi Pioneer Asset Mngmt. Alliancebernstein Lp holds 199,243 shares or 0% of its portfolio. First Limited Partnership holds 0.03% or 415,953 shares. State Of Tennessee Treasury Department reported 0.02% of its portfolio in PBF Energy Inc. (NYSE:PBF). Ajo Lp owns 2.00M shares. Denali Advisors Limited Liability Company invested 1.19% in PBF Energy Inc. (NYSE:PBF). Moreover, Prudential Plc has 0.11% invested in PBF Energy Inc. (NYSE:PBF) for 836,000 shares.

Capital Growth Management Lp increased its stake in Pbf Energy Inc (PBF) by 600% based on its latest 2018Q4 regulatory filing with the SEC. Capital Growth Management Lp bought 540,000 shares as the company’s stock declined 19.93% while stock markets rallied. The hedge fund held 630,000 shares of the integrated oil company at the end of 2018Q4, valued at $20.58 million, up from 90,000 at the end of the previous reported quarter. Capital Growth Management Lp who had been investing in Pbf Energy Inc for a number of months, seems to be bullish on the $3.90 billion market cap company. The stock decreased 3.45% or $1.15 during the last trading session, reaching $32.22. About 1.03M shares traded. PBF Energy Inc. (NYSE:PBF) has risen 4.15% since April 15, 2018 and is uptrending. It has underperformed by 0.22% the S&P500.

Capital Growth Management Lp, which manages about $1.60B US Long portfolio, decreased its stake in Pioneer Nat Res Co (NYSE:PXD) by 40,000 shares to 105,000 shares, valued at $13.81M in 2018Q4, according to the filing. It also reduced its holding in Royal Caribbean Cruises Ltd (NYSE:RCL) by 60,000 shares in the quarter, leaving it with 565,000 shares, and cut its stake in V F Corp (NYSE:VFC).

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More notable recent PBF Energy Inc. (NYSE:PBF) news were published by: Prnewswire.com which released: “PBF Energy to Attend Industry Conferences – PRNewswire” on March 22, 2019, also Seekingalpha.com with their article: “MLP Monthly Report: March 2019 – Seeking Alpha” published on March 20, 2019, Globenewswire.com published: “Consolidated Research: 2019 Summary Expectations for Tetra Tech, PBF Energy, 3PEA international, Intevac, Lilis Energy, and American Superconductor — Fundamental Analysis, Key Performance Indications – GlobeNewswire” on April 11, 2019. More interesting news about PBF Energy Inc. (NYSE:PBF) were released by: Seekingalpha.com and their article: “PBF Logistics: Strong EBITDA Growth, Backing A Strong Yield – Seeking Alpha” published on March 29, 2019 as well as 247Wallst.com‘s news article titled: “Why Exxon’s Dimmed Outlook Isn’t Hurting Refiners’ Stocks – 24/7 Wall St.” with publication date: April 10, 2019.

PBF Energy Inc. (NYSE:PBF) Ratings Coverage

Among 6 analysts covering PBF Energy (NYSE:PBF), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. PBF Energy had 10 analyst reports since November 20, 2018 according to SRatingsIntel. The stock of PBF Energy Inc. (NYSE:PBF) has “Overweight” rating given on Thursday, January 10 by PiperJaffray. The firm earned “Overweight” rating on Wednesday, January 9 by Morgan Stanley. On Friday, January 25 the stock rating was downgraded by Goldman Sachs to “Sell”. The firm has “Underweight” rating by Morgan Stanley given on Tuesday, November 20. The company was maintained on Tuesday, April 9 by Raymond James. The stock of PBF Energy Inc. (NYSE:PBF) earned “Hold” rating by Citigroup on Monday, March 4. Credit Suisse maintained PBF Energy Inc. (NYSE:PBF) on Monday, January 7 with “Neutral” rating. The firm earned “Buy” rating on Tuesday, March 19 by Raymond James. Raymond James maintained the shares of PBF in report on Monday, December 31 with “Outperform” rating.

PBF Energy Inc. (NYSE:PBF) Institutional Positions Chart