HF Sinclair Co. (NYSE:DINO) Stock Position Lowered by DDD Partners LLC

DDD Partners LLC trimmed its position in shares of HF Sinclair Co. (NYSE:DINO) by 54.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 180,762 shares of the company’s stock after selling 216,704 shares during the period. DDD Partners LLC owned 0.10% of HF Sinclair worth $6,336,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP purchased a new position in shares of HF Sinclair during the third quarter valued at $27,000. Sugar Maple Asset Management LLC acquired a new stake in HF Sinclair during the 4th quarter worth about $27,000. MassMutual Private Wealth & Trust FSB grew its stake in HF Sinclair by 68.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company’s stock valued at $48,000 after acquiring an additional 558 shares in the last quarter. Millburn Ridgefield Corp acquired a new position in shares of HF Sinclair in the 3rd quarter valued at about $50,000. Finally, Coastline Trust Co purchased a new stake in shares of HF Sinclair in the third quarter worth approximately $55,000. 88.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other HF Sinclair news, CFO Atanas H. Atanasov acquired 7,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average price of $37.96 per share, with a total value of $265,720.00. Following the transaction, the chief financial officer now owns 71,927 shares of the company’s stock, valued at approximately $2,730,348.92. This trade represents a 10.78 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.28% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on DINO shares. Mizuho dropped their price objective on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. UBS Group dropped their price target on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, November 4th. Wells Fargo & Company cut HF Sinclair from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $53.00 to $45.00 in a research report on Monday, December 9th. Barclays dropped their target price on HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. reduced their price target on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, December 10th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $51.00.

HF Sinclair Stock Up 3.0 %

Shares of HF Sinclair stock opened at $38.02 on Monday. HF Sinclair Co. has a 12-month low of $33.47 and a 12-month high of $64.16. The stock has a market capitalization of $7.15 billion, a P/E ratio of 23.47 and a beta of 1.22. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. The stock has a 50 day moving average price of $36.08 and a two-hundred day moving average price of $41.61.

HF Sinclair Profile

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.