Key Points
- Control Empresarial De Capital sold 35,000 PBF shares on Jan. 29 at $34.07 and, across multiple January transactions, sold a total of about 560,000 shares (≈$18.7M), trimming its stake to 30,323,498 shares (≈$1.03B), a 0.12% decrease.
- Analysts’ consensus is a Reduce rating with an average target of $30.14 (2 Buy, 7 Hold, 8 Sell), while the stock opened at $32.45 and has a 52‑week range of $13.61–$41.47.
PBF Energy Inc. (NYSE:PBF - Get Free Report) insider Control Empresarial De Capital sold 35,000 shares of the business's stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $34.07, for a total value of $1,192,450.00. Following the completion of the transaction, the insider owned 30,323,498 shares in the company, valued at approximately $1,033,121,576.86. This trade represents a 0.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Control Empresarial De Capital also recently made the following trade(s):
- On Friday, January 30th, Control Empresarial De Capital sold 60,000 shares of PBF Energy stock. The shares were sold at an average price of $33.46, for a total value of $2,007,600.00.
- On Thursday, January 22nd, Control Empresarial De Capital sold 40,000 shares of PBF Energy stock. The stock was sold at an average price of $33.79, for a total transaction of $1,351,600.00.
- On Wednesday, January 21st, Control Empresarial De Capital sold 9,000 shares of PBF Energy stock. The stock was sold at an average price of $32.91, for a total transaction of $296,190.00.
- On Wednesday, January 14th, Control Empresarial De Capital sold 260,000 shares of PBF Energy stock. The shares were sold at an average price of $33.17, for a total transaction of $8,624,200.00.
- On Tuesday, January 13th, Control Empresarial De Capital sold 106,000 shares of PBF Energy stock. The stock was sold at an average price of $33.73, for a total value of $3,575,380.00.
- On Friday, January 9th, Control Empresarial De Capital sold 50,000 shares of PBF Energy stock. The shares were sold at an average price of $32.31, for a total value of $1,615,500.00.
PBF Energy Price Performance
Shares of PBF opened at $32.45 on Tuesday. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of -6.98, a PEG ratio of 5.91 and a beta of 0.50. The stock has a 50 day moving average of $30.62 and a 200-day moving average of $29.76. The company has a current ratio of 1.38, a quick ratio of 0.59 and a debt-to-equity ratio of 0.45. PBF Energy Inc. has a 52 week low of $13.61 and a 52 week high of $41.47.
Analysts Set New Price Targets
A number of analysts have recently weighed in on PBF shares. Wolfe Research cut PBF Energy from a "peer perform" rating to an "underperform" rating and set a $23.00 price target on the stock. in a research report on Monday, December 8th. Zacks Research lowered PBF Energy from a "hold" rating to a "strong sell" rating in a research report on Tuesday, January 20th. Scotiabank boosted their price target on shares of PBF Energy from $25.00 to $28.00 and gave the company a "sector perform" rating in a report on Thursday, October 9th. UBS Group upped their price target on shares of PBF Energy from $37.00 to $42.00 and gave the stock a "buy" rating in a research report on Monday, November 3rd. Finally, Piper Sandler set a $41.00 price objective on shares of PBF Energy in a research report on Monday, January 12th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and eight have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Reduce" and an average target price of $30.14.
View Our Latest Stock Report on PBF Energy
Institutional Investors Weigh In On PBF Energy
Several institutional investors have recently bought and sold shares of PBF. Invesco Ltd. increased its stake in PBF Energy by 147.4% during the 3rd quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company's stock valued at $83,639,000 after buying an additional 1,651,516 shares during the period. AQR Capital Management LLC increased its stake in shares of PBF Energy by 20.1% during the third quarter. AQR Capital Management LLC now owns 2,503,283 shares of the oil and gas company's stock valued at $75,524,000 after acquiring an additional 418,223 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of PBF Energy by 2,198.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,212,368 shares of the oil and gas company's stock valued at $36,577,000 after acquiring an additional 1,159,628 shares during the period. Private Management Group Inc. raised its holdings in PBF Energy by 6.9% during the second quarter. Private Management Group Inc. now owns 1,174,201 shares of the oil and gas company's stock worth $25,445,000 after purchasing an additional 75,546 shares in the last quarter. Finally, Voloridge Investment Management LLC lifted its position in PBF Energy by 27.1% in the third quarter. Voloridge Investment Management LLC now owns 1,155,303 shares of the oil and gas company's stock worth $34,855,000 after purchasing an additional 246,429 shares during the period. Institutional investors and hedge funds own 96.29% of the company's stock.
PBF Energy Company Profile
(
Get Free Report)
PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.
The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.
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