HF Sinclair Co. (NYSE:DINO) Shares Bought by Savant Capital LLC

Savant Capital LLC lifted its position in shares of HF Sinclair Co. (NYSE:DINO) by 143.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,971 shares of the company’s stock after acquiring an additional 21,170 shares during the quarter. Savant Capital LLC’s holdings in HF Sinclair were worth $1,919,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Rise Advisors LLC acquired a new position in HF Sinclair during the first quarter worth about $26,000. Principal Securities Inc. acquired a new stake in shares of HF Sinclair during the 4th quarter worth about $30,000. Riverview Trust Co purchased a new stake in shares of HF Sinclair during the first quarter worth about $31,000. Innealta Capital LLC acquired a new position in shares of HF Sinclair in the second quarter valued at approximately $34,000. Finally, Pingora Partners LLC purchased a new position in shares of HF Sinclair during the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 88.29% of the company’s stock.

Wall Street Analysts Forecast Growth

DINO has been the topic of several analyst reports. Argus upgraded HF Sinclair to a “hold” rating in a report on Wednesday, June 26th. Barclays upped their price objective on shares of HF Sinclair from $51.00 to $53.00 and gave the company an “equal weight” rating in a research note on Monday, August 5th. Mizuho decreased their price target on shares of HF Sinclair from $64.00 to $61.00 and set a “neutral” rating on the stock in a report on Thursday, June 20th. Wells Fargo & Company reduced their price objective on HF Sinclair from $60.00 to $54.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 3rd. Finally, Piper Sandler cut their price target on shares of HF Sinclair from $65.00 to $58.00 and set an “overweight” rating on the stock in a report on Friday, June 14th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, HF Sinclair presently has a consensus rating of “Moderate Buy” and an average target price of $62.00.

HF Sinclair Trading Down 0.1 %

NYSE DINO opened at $45.63 on Tuesday. The stock has a market cap of $8.71 billion, a P/E ratio of 5.65 and a beta of 1.18. The company’s fifty day simple moving average is $48.40 and its 200-day simple moving average is $53.80. The company has a current ratio of 2.12, a quick ratio of 0.97 and a debt-to-equity ratio of 0.26. HF Sinclair Co. has a 52 week low of $44.09 and a 52 week high of $64.16.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.06. The firm had revenue of $7.85 billion for the quarter, compared to analyst estimates of $7.65 billion. HF Sinclair had a net margin of 3.80% and a return on equity of 11.85%. The firm’s revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.60 EPS. Equities research analysts predict that HF Sinclair Co. will post 3.69 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Wednesday, August 21st were paid a dividend of $0.50 per share. The ex-dividend date was Wednesday, August 21st. This represents a $2.00 dividend on an annualized basis and a yield of 4.38%. HF Sinclair’s dividend payout ratio (DPR) is presently 24.75%.

About HF Sinclair

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.