Russell Investments Group Ltd. Takes $775,000 Position in Par Pacific Holdings, Inc. (PARR)

Russell Investments Group Ltd. purchased a new position in Par Pacific Holdings, Inc. (NASDAQ:PARR) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 42,950 shares of the company’s stock, valued at approximately $775,000. Russell Investments Group Ltd. owned approximately 0.09% of Par Pacific Holdings at the end of the most recent reporting period.

COPYRIGHT VIOLATION WARNING: This article was posted by Transcript Daily and is the property of of Transcript Daily. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at

Par Pacific Holdings, Inc. (PARR) traded up 2.83% during mid-day trading on Friday, hitting $19.98. 809,283 shares of the stock were exchanged. Par Pacific Holdings, Inc. has a 12-month low of $12.47 and a 12-month high of $19.98. The stock has a market capitalization of $915.12 million and a P/E ratio of 44.60. The firm has a 50-day moving average price of $17.55 and a 200-day moving average price of $16.99.

Par Pacific Holdings (NASDAQ:PARR) last released its quarterly earnings data on Monday, August 7th. The company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.02. The business had revenue of $564.25 million for the quarter, compared to the consensus estimate of $600.80 million. Equities analysts predict that Par Pacific Holdings, Inc. will post $1.61 earnings per share for the current fiscal year.

In other Par Pacific Holdings news, major shareholder Whitebox Advisors Llc sold 171,304 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $18.52, for a total value of $3,172,550.08. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold a total of 1,087,064 shares of company stock worth $19,685,265 in the last 90 days.

A number of analysts have recently issued reports on PARR shares. Seaport Global Securities raised shares of Par Pacific Holdings from a “neutral” rating to a “buy” rating and increased their price target for the stock from $19.00 to $22.00 in a research report on Monday, September 11th. Cowen and Company reissued a “buy” rating and issued a $20.00 price target on shares of Par Pacific Holdings in a research report on Thursday, August 17th. Finally, Zacks Investment Research lowered shares of Par Pacific Holdings from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 20th.

Institutional Ownership by Quarter for Par Pacific Holdings (NASDAQ:PARR)

Receive News & Ratings for Par Pacific Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Par Pacific Holdings Inc. and related companies with's FREE daily email newsletter.

Leave a Reply