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HollyFrontier (HFC)’s Stock Insider Sale – James Lee Sold 5,149 Shares; Meridian Management Co Has Cut Its United Technologies (UTX) Position

Meridian Management Co decreased United Technologies Corp (UTX) stake by 65.54% reported in 2017Q2 SEC filing. Meridian Management Co sold 22,932 shares as United Technologies Corp (UTX)’s stock rose 8.03%. The Meridian Management Co holds 12,055 shares with $1.47 million value, down from 34,987 last quarter. United Technologies Corp now has $99.92B valuation. The stock increased 1.10% or $1.365 during the last trading session, reaching $125.125. About 1.68M shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since December 15, 2016 and is uptrending. It has outperformed by 6.29% the S&P500.

Transaction totalling about $242,878 US Dollars was made public online in a legal form submitted to the Washington-based Security and Exchange Commission on December 14, 2017. According to which, James Lee, the director of Hollyfrontier Corp also an insider of the public firm had sold exactly 5,149 shares – ( at $47.2 for share ). This sell decreased his ownership of the company to 0.03% total market capitalization or 52,240 shares.

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on January, 24. They expect $1.56 EPS, 0.00% or $0.00 from last year’s $1.56 per share. UTX’s profit will be $1.25B for 20.05 P/E if the $1.56 EPS becomes a reality. After $1.73 actual EPS reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts -9.83% negative EPS growth.

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 7 have Buy rating, 0 Sell and 14 Hold. Therefore 33% are positive. United Technologies Corporation had 67 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating by CItigroup given on Monday, October 10. The firm earned “Buy” rating on Monday, August 28 by Jefferies. Sterne Agee CRT downgraded United Technologies Corporation (NYSE:UTX) on Wednesday, January 6 to “Neutral” rating. Atlantic Securities downgraded the stock to “Neutral” rating in Wednesday, July 22 report. The stock has “Sector Perform” rating by RBC Capital Markets on Tuesday, October 13. The stock has “Neutral” rating by Citigroup on Monday, October 10. Credit Suisse maintained the stock with “Neutral” rating in Monday, November 16 report. The stock of United Technologies Corporation (NYSE:UTX) has “Buy” rating given on Monday, August 7 by Cowen & Co. The company was maintained on Wednesday, July 22 by Argus Research. As per Thursday, January 12, the company rating was maintained by RBC Capital Markets.

Investors sentiment increased to 1.05 in 2017 Q2. Its up 0.10, from 0.95 in 2017Q1. It increased, as 39 investors sold UTX shares while 553 reduced holdings. 112 funds opened positions while 451 raised stakes. 611.76 million shares or 0.92% less from 617.43 million shares in 2017Q1 were reported. Stratos Wealth Prtnrs Ltd holds 0.26% of its portfolio in United Technologies Corporation (NYSE:UTX) for 41,422 shares. Hudson Valley Inv Incorporated Adv reported 0.2% in United Technologies Corporation (NYSE:UTX). Ngam LP holds 0.18% or 138,895 shares in its portfolio. Lodestar Invest Counsel Llc Il holds 2.75% or 176,911 shares in its portfolio. Dorsey Whitney Tru Limited Co invested in 0.19% or 7,943 shares. East Coast Asset Lc invested 0.25% in United Technologies Corporation (NYSE:UTX). Sigma Planning invested in 10,598 shares or 0.12% of the stock. Tortoise Invest Management Llc stated it has 962 shares. Headinvest Limited Company owns 13,175 shares. Dodge Cox holds 1,850 shares. Lau Associate Limited Liability Company reported 12,567 shares. Dnb Asset As accumulated 169,660 shares or 0% of the stock. Garland Cap Management invested in 3.04% or 40,585 shares. 19,741 are owned by Trustco Natl Bank Corp N Y. Security Retail Bank Of So Dak stated it has 1.85% of its portfolio in United Technologies Corporation (NYSE:UTX).

Meridian Management Co increased Vanguard Index Fds (VO) stake by 3,308 shares to 45,401 valued at $6.47 million in 2017Q2. It also upped Fedex Corp (NYSE:FDX) stake by 7,647 shares and now owns 8,814 shares. Range Res Corp (NYSE:RRC) was raised too.

Among 19 analysts covering HollyFrontier (NYSE:HFC), 7 have Buy rating, 6 Sell and 6 Hold. Therefore 37% are positive. HollyFrontier has $65 highest and $24 lowest target. $38.60’s average target is -19.33% below currents $47.85 stock price. HollyFrontier had 62 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, May 18 by Howard Weil. The stock has “Hold” rating by Piper Jaffray on Thursday, September 28. On Tuesday, November 1 the stock rating was maintained by RBC Capital Markets with “Outperform”. Goldman Sachs initiated HollyFrontier Corporation (NYSE:HFC) on Monday, February 13 with “Sell” rating. Bank of America upgraded it to “Buy” rating and $50.0 target in Tuesday, January 5 report. The firm has “Overweight” rating by Barclays Capital given on Thursday, November 2. Citigroup downgraded HollyFrontier Corporation (NYSE:HFC) on Wednesday, October 21 to “Neutral” rating. The rating was maintained by RBC Capital Markets on Friday, November 6 with “Outperform”. Howard Weil downgraded the shares of HFC in report on Wednesday, October 19 to “Sector Perform” rating. Barclays Capital maintained HollyFrontier Corporation (NYSE:HFC) rating on Tuesday, January 12. Barclays Capital has “Overweight” rating and $58.0 target.

The stock increased 0.10% or $0.05 during the last trading session, reaching $47.85. About 324,860 shares traded. HollyFrontier Corporation (NYSE:HFC) has declined 4.11% since December 15, 2016 and is downtrending. It has underperformed by 20.81% the S&P500.

HollyFrontier Corporation operates as an independent petroleum refiner in the United States. The company has market cap of $8.40 billion. The firm operates through two divisions, Refining and HEP. It has a 25.16 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.

Investors sentiment decreased to 1.19 in 2017 Q2. Its down 0.03, from 1.22 in 2017Q1. It fall, as 48 investors sold HollyFrontier Corporation shares while 93 reduced holdings. 46 funds opened positions while 126 raised stakes. 143.09 million shares or 0.75% more from 142.03 million shares in 2017Q1 were reported. Stevens First Principles Investment Advsrs holds 387 shares. Nikko Asset Americas Incorporated invested 0.38% of its portfolio in HollyFrontier Corporation (NYSE:HFC). 256,351 are owned by Credit Suisse Ag. Retirement Of Alabama invested in 228,636 shares or 0.03% of the stock. The Virginia-based Bb&T Ltd has invested 0.02% in HollyFrontier Corporation (NYSE:HFC). Tru Department Mb Commercial Bank N A owns 164 shares for 0% of their portfolio. Geode Mgmt Limited Com reported 0.02% of its portfolio in HollyFrontier Corporation (NYSE:HFC). Glg Llc has invested 0.01% in HollyFrontier Corporation (NYSE:HFC). Hancock Company has 0.4% invested in HollyFrontier Corporation (NYSE:HFC). Oregon Employees Retirement Fund invested 0.05% in HollyFrontier Corporation (NYSE:HFC). 300,000 are held by Encompass Cap Advisors Limited Liability. 500,795 are held by Crawford Counsel Incorporated. Korea Inv has invested 0% in HollyFrontier Corporation (NYSE:HFC). Schroder Inv Gp owns 3.60 million shares. Thornburg Investment Management holds 0% of its portfolio in HollyFrontier Corporation (NYSE:HFC) for 455 shares.

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