Par Pacific Holdings, Inc. (NASDAQ:PARR) has been given a consensus broker rating score of 1.00 (Strong Buy) from the five brokers that provide coverage for the stock, Zacks Investment Research reports. Five research analysts have rated the stock with a strong buy recommendation.

Analysts have set a 12 month consensus target price of $21.86 for the company and are anticipating that the company will post $0.03 EPS for the current quarter, according to Zacks. Zacks has also given Par Pacific Holdings an industry rank of 166 out of 265 based on the ratings given to its competitors.

Several research analysts have issued reports on PARR shares. Seaport Global Securities started coverage on Par Pacific Holdings in a research report on Thursday, September 8th. They issued a “buy” rating and a $22.00 price objective for the company. Mizuho started coverage on Par Pacific Holdings in a research report on Wednesday, October 5th. They issued a “buy” rating and a $20.00 price target for the company. Zacks Investment Research upgraded Par Pacific Holdings from a “hold” rating to a “strong-buy” rating and set a $16.00 price target for the company in a research report on Friday, September 16th. Finally, Miller Tabak upgraded Par Pacific Holdings from a “hold” rating to a “strong-buy” rating and raised their price target for the company from $24.00 to $25.30 in a research report on Wednesday, August 3rd.

In related news, Director Melvyn N. Klein acquired 4,000 shares of the company’s stock in a transaction that occurred on Thursday, September 15th. The stock was purchased at an average price of $13.05 per share, for a total transaction of $52,200.00. Following the transaction, the director now owns 23,339 shares in the company, valued at approximately $304,573.95. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Whitebox Advisors Llc sold 446,229 shares of Par Pacific Holdings stock in a transaction dated Thursday, September 8th. The stock was sold at an average price of $12.97, for a total value of $5,787,590.13. The disclosure for this sale can be found here.

Hedge funds have recently modified their holdings of the company. Teachers Advisors Inc. raised its stake in shares of Par Pacific Holdings by 28.4% in the second quarter. Teachers Advisors Inc. now owns 52,501 shares of the company’s stock worth $805,000 after buying an additional 11,599 shares during the last quarter. American International Group Inc. raised its stake in shares of Par Pacific Holdings by 71.6% in the second quarter. American International Group Inc. now owns 16,097 shares of the company’s stock worth $247,000 after buying an additional 6,716 shares during the last quarter. Alliancebernstein L.P. acquired a new stake in shares of Par Pacific Holdings during the second quarter worth about $193,000. BlackRock Institutional Trust Company N.A. raised its stake in shares of Par Pacific Holdings by 62.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 534,173 shares of the company’s stock worth $8,194,000 after buying an additional 205,065 shares during the last quarter. Finally, BlackRock Fund Advisors raised its stake in shares of Par Pacific Holdings by 71.6% in the second quarter. BlackRock Fund Advisors now owns 664,287 shares of the company’s stock worth $10,190,000 after buying an additional 277,184 shares during the last quarter.

Par Pacific Holdings (NASDAQ:PARR) opened at 14.80 on Monday. The firm’s market cap is $673.49 million. Par Pacific Holdings has a 52-week low of $12.18 and a 52-week high of $24.52. The firm has a 50-day moving average of $14.03 and a 200-day moving average of $14.34.

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