Dimensional Fund Advisors LP Reduces Stake in Par Pacific Holdings, Inc. (PARR)

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Dimensional Fund Advisors LP cut its stake in Par Pacific Holdings, Inc. (NYSEAMERICAN:PARR) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,488,337 shares of the oil and gas company’s stock after selling 2,542 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.17% of Par Pacific worth $21,104,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Texas Permanent School Fund increased its position in Par Pacific by 4.0% during the fourth quarter. Texas Permanent School Fund now owns 18,313 shares of the oil and gas company’s stock worth $259,000 after buying an additional 703 shares during the last quarter. Victory Capital Management Inc. increased its position in Par Pacific by 4.1% during the fourth quarter. Victory Capital Management Inc. now owns 19,588 shares of the oil and gas company’s stock worth $278,000 after buying an additional 763 shares during the last quarter. State of Alaska Department of Revenue increased its position in Par Pacific by 13.6% during the fourth quarter. State of Alaska Department of Revenue now owns 9,395 shares of the oil and gas company’s stock worth $133,000 after buying an additional 1,125 shares during the last quarter. Arizona State Retirement System increased its position in Par Pacific by 6.2% during the fourth quarter. Arizona State Retirement System now owns 43,097 shares of the oil and gas company’s stock worth $611,000 after buying an additional 2,498 shares during the last quarter. Finally, Strs Ohio increased its position in Par Pacific by 8.9% during the fourth quarter. Strs Ohio now owns 41,800 shares of the oil and gas company’s stock worth $592,000 after buying an additional 3,400 shares during the last quarter. 83.57% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have commented on PARR shares. Zacks Investment Research downgraded shares of Par Pacific from a “buy” rating to a “hold” rating in a research report on Thursday. Oppenheimer set a $22.00 target price on shares of Par Pacific and gave the stock a “buy” rating in a research report on Monday, March 25th.

Shares of NYSEAMERICAN:PARR opened at $18.44 on Friday. Par Pacific Holdings, Inc. has a 52-week low of $13.68 and a 52-week high of $21.34.

Par Pacific (NYSEAMERICAN:PARR) last issued its quarterly earnings results on Tuesday, March 5th. The oil and gas company reported $0.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.09. The business had revenue of $879.11 million during the quarter, compared to analyst estimates of $969.20 million.

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About Par Pacific

Par Pacific Holdings, Inc owns, manages, and maintains interests in energy and infrastructure businesses. It operates through three segments: Refining, Retail, and Logistics. The Refining segment operates a refinery that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, and other associated refined products.

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Institutional Ownership by Quarter for Par Pacific (NYSEAMERICAN:PARR)

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