Addison Clark Management Has Lowered Its Pbf Energy (PBF) Stake, Continental Resources, Inc. (CLR) Had 19 Analysts Last Week

June 5, 2017 - By Kurt Siggers

Addison Clark Management Llc decreased Pbf Energy Inc (PBF) stake by 28.92% reported in 2016Q4 SEC filing. Addison Clark Management Llc sold 24,000 shares as Pbf Energy Inc (PBF)’s stock declined 10.10%. The Addison Clark Management Llc holds 59,000 shares with $1.65M value, down from 83,000 last quarter. Pbf Energy Inc now has $2.18B valuation. The stock declined 0.10% or $0.02 reaching $19.97 per share. About shares traded. PBF Energy Inc (NYSE:PBF) has declined 20.84% since June 5, 2016 and is downtrending. It has underperformed by 37.54% the S&P500.

Among 30 analysts covering Continental Resources Inc. (NYSE:CLR), 19 have Buy rating, 0 Sell and 11 Hold. Therefore 63% are positive. Continental Resources Inc. had 82 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, October 6, the company rating was initiated by Stephens. The stock has “Accumulate” rating by KLR Group on Monday, July 18. Wunderlich maintained the shares of CLR in report on Friday, August 19 with “Buy” rating. The rating was upgraded by Howard Weil on Friday, February 26 to “Focus Stock”. The rating was downgraded by Howard Weil to “Sector Outperform” on Monday, May 16. On Monday, May 29 the stock rating was maintained by Stifel Nicolaus with “Buy”. Susquehanna maintained Continental Resources, Inc. (NYSE:CLR) rating on Tuesday, January 26. Susquehanna has “Positive” rating and $29 target. The firm has “Outperform” rating given on Friday, March 18 by RBC Capital Markets. As per Monday, October 17, the company rating was upgraded by Barclays Capital. The firm earned “Buy” rating on Wednesday, August 5 by Canaccord Genuity. See Continental Resources, Inc. (NYSE:CLR) latest ratings:

02/06/2017 Broker: RBC Capital Markets Rating: Buy New Target: $63.0000 Maintain
29/05/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $62.00 Maintain
05/05/2017 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Upgrade
01/05/2017 Broker: FBR Capital Rating: Mkt Perform Old Target: $56.00 New Target: $46.00 Maintain
26/04/2017 Broker: RBC Capital Markets Rating: Buy New Target: $63.00 Target
21/04/2017 Broker: Barclays Capital Rating: Buy New Target: $53.00 Maintain
13/04/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $61.00 Maintain
23/03/2017 Broker: UBS Rating: Neutral Old Target: $56.00 New Target: $49.00 Reinitiate
31/01/2017 Broker: KLR Group Old Rating: Hold New Rating: Buy Upgrade
17/01/2017 Broker: Jefferies Old Rating: Underperform New Rating: Buy Upgrade

About 900 shares traded. Continental Resources, Inc. (NYSE:CLR) has risen 4.05% since June 5, 2016 and is uptrending. It has underperformed by 12.65% the S&P500.

Continental Resources, Inc. is a crude oil and natural gas firm with properties in the North, South and East regions of the United States. The company has market cap of $13.02 billion. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units. It currently has negative earnings. The South region includes properties south of Nebraska and west of the Mississippi River including various plays in the South Central Oklahoma Oil Province , Sooner Trend Anadarko Canadian Kingfisher (STACK), and Arkoma Woodford areas of Oklahoma.

Since December 20, 2016, it had 4 insider purchases, and 4 selling transactions for $5.21 million activity. Hamm Harold bought $1.78M worth of Continental Resources, Inc. (NYSE:CLR) on Friday, March 24. Another trade for 3,000 shares valued at $156,099 was made by Hart John D on Tuesday, December 20. The insider Brown Glen A sold $738,624.

Investors sentiment decreased to 0.97 in 2016 Q4. Its down 0.11, from 1.08 in 2016Q3. It turned negative, as 35 investors sold Continental Resources, Inc. shares while 130 reduced holdings. 52 funds opened positions while 108 raised stakes. 81.57 million shares or 3.66% less from 84.66 million shares in 2016Q3 were reported. Nicholas Investment Partners L P invested 0.55% in Continental Resources, Inc. (NYSE:CLR). Aviva Public Limited Liability holds 59,420 shares or 0.02% of its portfolio. Mutual Of America Mngmt Lc reported 0.03% in Continental Resources, Inc. (NYSE:CLR). Shell Asset Communications has invested 0.01% in Continental Resources, Inc. (NYSE:CLR). State Board Of Administration Of Florida Retirement Sys owns 148,657 shares. Panagora Asset Mngmt Inc invested in 0% or 17,670 shares. Strs Ohio holds 1,344 shares or 0% of its portfolio. L S Advsr accumulated 0.7% or 59,593 shares. Thrivent Financial For Lutherans holds 0.17% of its portfolio in Continental Resources, Inc. (NYSE:CLR) for 736,500 shares. Allianz Asset Mgmt Ag stated it has 631,352 shares or 0.03% of all its holdings. Pitcairn, a Pennsylvania-based fund reported 7,545 shares. Hanseatic Mgmt invested in 0.35% or 11,960 shares. Reaves W H And Incorporated stated it has 301,241 shares or 0.58% of all its holdings. Sterling Mgmt Ltd Co has invested 0% in Continental Resources, Inc. (NYSE:CLR). Gulf Bancshares (Uk) reported 29,734 shares or 0.02% of all its holdings.

Investors sentiment increased to 1.14 in 2016 Q4. Its up 0.25, from 0.89 in 2016Q3. It increased, as 36 investors sold PBF shares while 70 reduced holdings. 53 funds opened positions while 68 raised stakes. 106.04 million shares or 5.79% more from 100.23 million shares in 2016Q3 were reported. Towle And Comm holds 3.45% or 922,885 shares in its portfolio. Voya Mngmt Limited Liability Co reported 0% stake. Raymond James holds 0% of its portfolio in PBF Energy Inc (NYSE:PBF) for 8,100 shares. Whittier Trust Of Nevada has 4,577 shares for 0.01% of their portfolio. State Board Of Administration Of Florida Retirement Sys accumulated 102,000 shares. Moreover, Boston Ptnrs has 0.01% invested in PBF Energy Inc (NYSE:PBF). Shell Asset reported 0.01% stake. Geosphere Cap Management reported 75,000 shares. Affinity Investment Lc accumulated 94,628 shares or 0.25% of the stock. Boothbay Fund Ltd Limited Liability Company has 0.12% invested in PBF Energy Inc (NYSE:PBF) for 13,330 shares. Tudor Investment Et Al reported 164,500 shares or 0.12% of all its holdings. Nuveen Asset Mngmt Limited Liability Corporation has 0% invested in PBF Energy Inc (NYSE:PBF) for 22,749 shares. Sentinel Trust Lba reported 163,430 shares or 0.66% of all its holdings. 4,676 are owned by Sg Americas Securities. 2,799 were accumulated by Metropolitan Life Insur Ny.

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