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Robeco Institutional Asset Management B.V. Increases Stake in PBF Energy Inc. (NYSE:PBF)

Robeco Institutional Asset Management B.V. Increases Stake in PBF Energy Inc. (NYSE:PBF)

Robeco Institutional Asset Administration B.V. raised its holdings in shares of PBF Power Inc. (NYSE:PBF – Get Score) by 180.7% through the 4th quarter, Holdings Channel.com experiences. The agency owned 10,107 shares of the oil and gasoline firm’s inventory after buying a further 6,506 shares through the quarter. Robeco Institutional Asset Administration B.V.’s holdings in PBF Power have been price $412,000 as of its most up-to-date submitting with the Securities & Change Fee.

Different institutional traders and hedge funds have additionally just lately added to or diminished their stakes within the firm. BlackRock Inc. lifted its stake in shares of PBF Power by 9.9% through the third quarter. BlackRock Inc. now owns 18,324,922 shares of the oil and gasoline firm’s inventory valued at $644,303,000 after shopping for a further 1,655,097 shares within the final quarter. Vanguard Group Inc. boosted its holdings in shares of PBF Power by 5.8% within the third quarter. Vanguard Group Inc. now owns 13,175,781 shares of the oil and gasoline firm’s inventory price $463,260,000 after buying a further 716,698 shares through the interval. Dimensional Fund Advisors LP grew its place in shares of PBF Power by 7.0% within the third quarter. Dimensional Fund Advisors LP now owns 6,318,692 shares of the oil and gasoline firm’s inventory valued at $222,162,000 after buying a further 411,975 shares within the final quarter. Two Sigma Advisers LP raised its stake in shares of PBF Power by 2.3% through the third quarter. Two Sigma Advisers LP now owns 2,030,400 shares of the oil and gasoline firm’s inventory valued at $71,389,000 after buying a further 45,500 shares through the interval. Lastly, Charles Schwab Funding Administration Inc. lifted its holdings in PBF Power by 16.9% through the 1st quarter. Charles Schwab Funding Administration Inc. now owns 1,633,312 shares of the oil and gasoline firm’s inventory price $39,804,000 after buying a further 236,604 shares within the final quarter. Institutional traders personal 90.69% of the corporate’s inventory.

Wall Road Analysts Forecast Development

PBF has been the subject of a number of analyst experiences. Morgan Stanley upped their worth goal on PBF Power from $40.00 to $50.00 and gave the corporate an “equal weight” score in a analysis report on Friday, January twentieth. JPMorgan Chase & Co. upped their goal worth on shares of PBF Power from $59.00 to $60.00 and gave the inventory an “chubby” score in a report on Tuesday, April 4th. Wells Fargo & Firm reduce their worth goal on shares of PBF Power from $58.00 to $51.00 in a report on Tuesday, April 18th. UBS Group initiated protection on shares of PBF Power in a report on Wednesday, March eighth. They issued a “impartial” score and a $53.00 worth goal on the inventory. Lastly, Mizuho lifted their worth goal on PBF Power from $50.00 to $56.00 in a analysis notice on Friday, March tenth. One analysis analyst has rated the inventory with a promote score, three have given a maintain score and 6 have issued a purchase score to the corporate’s inventory. In accordance with MarketBeat.com, PBF Power presently has a consensus score of “Average Purchase” and a consensus goal worth of $47.00.

PBF Power Inventory Efficiency

NYSE:PBF opened at $32.01 on Friday. The corporate has a market capitalization of $4.13 billion, a price-to-earnings ratio of 1.41 and a beta of 1.95. The enterprise has a 50 day shifting common of $40.45 and a 200 day shifting common of $41.24. The corporate has a debt-to-equity ratio of 0.30, a present ratio of 1.26 and a fast ratio of 0.73. PBF Power Inc. has a 1-year low of $24.63 and a 1-year excessive of $49.00.

PBF Power (NYSE:PBF – Get Score) final introduced its quarterly earnings information on Friday, Might fifth. The oil and gasoline firm reported $2.76 earnings per share for the quarter, topping analysts’ consensus estimates of $2.65 by $0.11. PBF Power had a web margin of 6.14% and a return on fairness of 72.79%. The agency had income of $9.30 billion through the quarter, in comparison with analyst estimates of $8.39 billion. Throughout the identical interval within the earlier 12 months, the enterprise posted $0.35 EPS. The enterprise’s quarterly income was up 1.7% on a year-over-year foundation. On common, sell-side analysts predict that PBF Power Inc. will put up 10.88 earnings per share for the present fiscal 12 months.

PBF Power Publicizes Dividend

The enterprise additionally just lately disclosed a quarterly dividend, which can be paid on Wednesday, Might thirty first. Stockholders of file on Wednesday, Might seventeenth can be issued a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, Might sixteenth. This represents a $0.80 annualized dividend and a dividend yield of two.50%. PBF Power’s dividend payout ratio is presently 3.52%.

PBF Power Profile

(Get Score)

PBF Power, Inc engages within the operation of a petroleum refinery and provides unbranded transportation fuels, heating oil, petrochemical feed shares, lubricants, and different petroleum merchandise in the US. It operates by means of the Refining and Logistics segments. The Refining phase includes refining crude oil and different feed shares into petroleum merchandise.

Featured Tales

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Institutional Ownership by Quarter for PBF Energy (NYSE:PBF)



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