Whitebox Advisors Cut By $11.71 Million Its Par Pacific Holdings (PARR) Stake; Aqr Capital Management Has Lifted Alaska Air Group (ALK) Position

August 18, 2017 - By Vivian Currie

Whitebox Advisors Llc decreased Par Pacific Holdings Inc (PARR) stake by 10.47% reported in 2016Q4 SEC filing. Whitebox Advisors Llc sold 836,649 shares as Par Pacific Holdings Inc (PARR)’s stock rose 14.47%. The Whitebox Advisors Llc holds 7.16 million shares with $104.07 million value, down from 7.99M last quarter. Par Pacific Holdings Inc now has $778.65 million valuation. The stock decreased 1.18% or $0.2 during the last trading session, reaching $16.8. About 120,079 shares traded. Par Pacific Holdings, Inc. (NYSEMKT:PARR) has risen 13.72% since August 18, 2016 and is uptrending. It has underperformed by 2.98% the S&P500.

Aqr Capital Management Llc increased Alaska Air Group Inc (ALK) stake by 44.72% reported in 2016Q4 SEC filing. Aqr Capital Management Llc acquired 356,710 shares as Alaska Air Group Inc (ALK)’s stock declined 12.45%. The Aqr Capital Management Llc holds 1.15M shares with $102.42 million value, up from 797,597 last quarter. Alaska Air Group Inc now has $9.88 billion valuation. The stock decreased 4.52% or $3.79 during the last trading session, reaching $80.02. About shares traded. Alaska Air Group, Inc. (NYSE:ALK) has risen 29.33% since August 18, 2016 and is uptrending. It has outperformed by 12.63% the S&P500.

Among 6 analysts covering Par Pacific (NYSEMKT:PARR), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Par Pacific had 7 analyst reports since November 23, 2015 according to SRatingsIntel. The firm has “Buy” rating by Seaport Global Securities given on Thursday, September 8. The firm has “Outperform” rating given on Thursday, January 28 by Imperial Capital. The rating was initiated by Cowen & Co with “Market Perform” on Friday, June 10. The company was maintained on Wednesday, May 18 by Imperial Capital. The firm earned “Buy” rating on Thursday, October 6 by Mizuho. The rating was initiated by Sterne Agee CRT on Friday, May 20 with “Buy”. Miller Tabak downgraded the stock to “Hold” rating in Monday, November 23 report.

Whitebox Advisors Llc increased Hewlett Packard Enterprise C stake by 509,000 shares to 2.32M valued at $53.59M in 2016Q4. It also upped Jazz Us Hldgs Inc (Prn) stake by 727,000 shares and now owns 9.51M shares. Spdr S&P 500 Etf Tr (Call) was raised too.

Investors sentiment decreased to 0.76 in 2016 Q4. Its down 0.27, from 1.03 in 2016Q3. It worsened, as 55 investors sold ALK shares while 181 reduced holdings. 60 funds opened positions while 120 raised stakes. 110.18 million shares or 3.64% more from 106.31 million shares in 2016Q3 were reported. Telemark Asset Lc invested 0.77% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Cookson Peirce Inc holds 0.49% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK) for 39,515 shares. Boston Private Wealth Limited Co owns 3,610 shares for 0.01% of their portfolio. Brandywine Glob Invest Ltd Llc holds 43,859 shares. Guardian Life Insur Communication Of America holds 0.01% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK) for 467 shares. The Texas-based Maverick Cap Ltd has invested 0.01% in Alaska Air Group, Inc. (NYSE:ALK). Creative Planning stated it has 18,539 shares or 0.01% of all its holdings. Arizona State Retirement holds 30,500 shares. Strs Ohio stated it has 4,547 shares or 0% of all its holdings. Moreover, Credit Agricole S A has 0% invested in Alaska Air Group, Inc. (NYSE:ALK). Dana Invest Advisors reported 1.61% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Stevens First Principles Investment holds 0.06% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK) for 980 shares. Saturna Cap reported 0.05% in Alaska Air Group, Inc. (NYSE:ALK). Ww Asset Mngmt reported 11,453 shares. Telemus Capital Ltd Llc stated it has 0.12% in Alaska Air Group, Inc. (NYSE:ALK).

Since February 21, 2017, it had 0 insider purchases, and 9 insider sales for $5.18 million activity. SPRAGUE JOSEPH A had sold 7,000 shares worth $635,947. TILDEN BRADLEY D also sold $576,696 worth of Alaska Air Group, Inc. (NYSE:ALK) shares. 1,723 shares were sold by ELIASEN MARK G, worth $165,892. PEDERSEN BRANDON also sold $1.66 million worth of Alaska Air Group, Inc. (NYSE:ALK) shares. $175,977 worth of Alaska Air Group, Inc. (NYSE:ALK) was sold by Savitt Katherine J on Tuesday, February 21.

Among 13 analysts covering Alaska Air Group (NYSE:ALK), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Alaska Air Group had 46 analyst reports since July 24, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, October 13 by Evercore. Deutsche Bank upgraded Alaska Air Group, Inc. (NYSE:ALK) rating on Friday, January 22. Deutsche Bank has “Buy” rating and $86 target. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Buy” rating given on Thursday, October 13 by Buckingham Research. The stock has “Market Perform” rating by Cowen & Co on Wednesday, January 4. On Friday, September 23 the stock rating was initiated by Imperial Capital with “In-Line”. On Tuesday, January 10 the stock rating was upgraded by Bank of America to “Buy”. Deutsche Bank maintained the stock with “Hold” rating in Friday, October 23 report. The firm has “Buy” rating given on Monday, August 7 by Cowen & Co. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Outperform” rating given on Tuesday, August 18 by Cowen & Co. Cowen & Co maintained the shares of ALK in report on Thursday, July 23 with “Outperform” rating.