Meeder Asset Management Inc. lifted its position in PBF Energy Inc (NYSE:PBF) by 1,942.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,648 shares of the oil and gas company’s stock after purchasing an additional 24,392 shares during the quarter. Meeder Asset Management Inc.’s holdings in PBF Energy were worth $908,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Flinton Capital Management LLC purchased a new stake in shares of PBF Energy in the second quarter valued at about $119,000. Bessemer Group Inc. purchased a new stake in shares of PBF Energy in the fourth quarter valued at about $207,000. Ingalls & Snyder LLC purchased a new stake in shares of PBF Energy in the fourth quarter valued at about $209,000. CIBC World Markets Inc. purchased a new stake in shares of PBF Energy in the fourth quarter valued at about $213,000. Finally, Shelton Capital Management purchased a new stake in shares of PBF Energy in the third quarter valued at about $218,000.
PBF Energy Inc (NYSE PBF) opened at $29.00 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.50 and a current ratio of 1.50. The firm has a market cap of $3,325.29, a PE ratio of 64.30, a price-to-earnings-growth ratio of 0.87 and a beta of 1.22. PBF Energy Inc has a 12 month low of $18.48 and a 12 month high of $37.01.
ILLEGAL ACTIVITY NOTICE: “Meeder Asset Management Inc. Has $908,000 Position in PBF Energy Inc (PBF)” was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this report on another site, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this report can be viewed at https://sportsperspectives.com/2018/02/09/meeder-asset-management-inc-has-908000-position-in-pbf-energy-inc-pbf.html.
PBF Energy Company Profile
PBF Energy Inc (PBF Energy) is a holding company. The Company is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company operates through two segments: Refining and Logistics.
Want to see what other hedge funds are holding PBF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PBF Energy Inc (NYSE:PBF).
Receive News & Ratings for PBF Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PBF Energy and related companies with MarketBeat.com's FREE daily email newsletter.