Control Empresarial De Capital Sells 40,000 Shares of PBF Energy (NYSE:PBF) Stock

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 40,000 shares of PBF Energy stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $33.79, for a total transaction of $1,351,600.00. Following the completion of the transaction, the insider directly owned 30,358,498 shares of the company’s stock, valued at $1,025,813,647.42. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Control Empresarial De Capital also recently made the following trade(s):

• 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 stock was 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 shares were 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 Stock Up 1.2%

Shares of PBF Energy stock opened at $33.39 on Friday. The stock has a market capitalization of $3.87 billion, a price-to-earnings ratio of -7.18, a PEG ratio of 2.14 and a beta of 0.47. PBF Energy Inc. has a twelve month low of $13.61 and a twelve month high of $41.47. The company has a current ratio of 1.38, a quick ratio of 0.59 and a debt-to-equity ratio of 0.45. The business’s 50 day simple moving average is $31.06 and its 200-day simple moving average is $29.48.

PBF Energy (NYSE:PBF) last issued its quarterly earnings data on Thursday, October 30th. The oil and gas company reported ($0.52) EPS for the quarter, topping analysts’ consensus estimates of ($0.69) by $0.17. PBF Energy had a negative return on equity of 15.88% and a negative net margin of 1.78%.The firm had revenue of $7.65 billion during the quarter, compared to the consensus estimate of $7.47 billion. During the same period in the prior year, the business earned ($1.50) EPS. The firm’s revenue was down 8.7% on a year-over-year basis. Equities research analysts forecast that PBF Energy Inc. will post -1.12 earnings per share for the current year.

PBF Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Friday, November 14th were issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, November 14th. PBF Energy’s dividend payout ratio (DPR) is -23.66%.

Analyst Upgrades and Downgrades

PBF has been the topic of several analyst reports. Wall Street Zen upgraded shares of PBF Energy from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Morgan Stanley set a $27.00 target price on PBF Energy and gave the company an “underweight” rating in a research report on Friday, October 3rd. UBS Group boosted their price target on PBF Energy from $37.00 to $42.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Citigroup increased their price target on PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Finally, Mizuho upgraded shares of PBF Energy from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $31.00 to $38.00 in a research note on Friday, December 12th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and eight have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $30.14.

PBF Energy News Roundup

Here are the key news stories impacting PBF Energy this week:

• Neutral Sentiment: The company was the subject of a valuation/market-momentum piece that reviews PBF after recent share-price gains; that coverage can attract traders assessing upside vs. risk. Assessing PBF Energy (PBF) Valuation After Recent Share Price Momentum
• Negative Sentiment: An insider (Control Empresarial De Capital) disclosed a sale of 40,000 PBF shares on Jan. 22 at an average price of $33.79 (~$1.35M). While the seller still holds a very large stake, insider sales are typically viewed as a negative signal for investor sentiment. Insider Form 4 — 40,000 shares sold
• Negative Sentiment: The same insider also sold 9,000 shares on Jan. 21 at an average price of $32.91 (~$296k). Repeated small sales over consecutive days reinforces the near-term selling signal, even though the holder’s remaining position remains large. Insider Form 4 — 9,000 shares sold
• Negative Sentiment: Analyst sentiment is weak: MarketBeat’s aggregation shows a consensus rating of “Reduce” (majority sell/hold, few buys), which can cap upside until guidance or fundamentals shift. PBF Receives Consensus Rating of “Reduce”
• Negative Sentiment: Zacks downgraded PBF from “Hold” to “Strong Sell,” a more aggressive negative stance that may prompt income/quant funds to reduce exposure and weighs on investor confidence. Zacks downgrade to Strong Sell

Hedge Funds Weigh In On PBF Energy

Several large investors have recently made changes to their positions in PBF. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of PBF Energy by 114.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,491 shares of the oil and gas company’s stock worth $68,000 after purchasing an additional 1,331 shares during the last quarter. Wedge Capital Management L L P NC grew its position in PBF Energy by 2.0% in the fourth quarter. Wedge Capital Management L L P NC now owns 37,400 shares of the oil and gas company’s stock worth $1,014,000 after buying an additional 720 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in PBF Energy by 1.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 40,306 shares of the oil and gas company’s stock worth $1,098,000 after buying an additional 511 shares during the last quarter. Next Level Private LLC increased its holdings in shares of PBF Energy by 0.6% in the fourth quarter. Next Level Private LLC now owns 66,660 shares of the oil and gas company’s stock valued at $1,808,000 after buying an additional 378 shares in the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new stake in shares of PBF Energy during the 4th quarter valued at $842,000. Institutional investors own 96.29% of the company’s stock.

About PBF Energy

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.