HF Sinclair Co. (NYSE:DINO) Shares Purchased by Xponance Inc.

Xponance Inc. grew its stake in HF Sinclair Co. (NYSE:DINO) by 5.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,281 shares of the company’s stock after acquiring an additional 1,333 shares during the quarter. Xponance Inc.’s holdings in HF Sinclair were worth $921,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Sugar Maple Asset Management LLC acquired a new position in HF Sinclair in the 4th quarter valued at $27,000. EverSource Wealth Advisors LLC increased its stake in HF Sinclair by 53.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company’s stock valued at $33,000 after purchasing an additional 327 shares during the last quarter. Millburn Ridgefield Corp purchased a new position in HF Sinclair during the third quarter worth about $50,000. Transamerica Financial Advisors Inc. acquired a new stake in HF Sinclair in the 3rd quarter worth about $59,000. Finally, Quarry LP increased its stake in shares of HF Sinclair by 1,591.3% during the 3rd quarter. Quarry LP now owns 1,353 shares of the company’s stock valued at $60,000 after acquiring an additional 1,273 shares during the last quarter. Institutional investors and hedge funds own 88.29% of the company’s stock.

Insider Transactions at HF Sinclair

In other news, Director Franklin Myers acquired 5,000 shares of the business’s stock in a transaction on Wednesday, February 26th. The shares were purchased at an average price of $35.66 per share, for a total transaction of $178,300.00. Following the completion of the purchase, the director now directly owns 154,065 shares of the company’s stock, valued at $5,493,957.90. This represents a 3.35 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Barclays lowered their target price on shares of HF Sinclair from $37.00 to $35.00 and set an “equal weight” rating for the company in a report on Friday, March 14th. Wells Fargo & Company lifted their target price on HF Sinclair from $42.00 to $44.00 and gave the company an “equal weight” rating in a report on Friday. Morgan Stanley dropped their price target on HF Sinclair from $51.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, March 14th. Piper Sandler set a $46.00 target price on HF Sinclair in a report on Friday, March 7th. Finally, JPMorgan Chase & Co. reduced their price target on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 10th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $47.00.

HF Sinclair Stock Down 1.1 %

Shares of HF Sinclair stock opened at $33.16 on Tuesday. HF Sinclair Co. has a 1-year low of $29.85 and a 1-year high of $64.16. The business has a 50-day moving average of $35.30 and a 200-day moving average of $39.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The company has a market capitalization of $6.25 billion, a PE ratio of 40.44 and a beta of 1.13.

HF Sinclair (NYSE:DINO) last released its earnings results on Thursday, February 20th. The company reported ($1.02) EPS for the quarter, missing the consensus estimate of ($0.91) by ($0.11). The business had revenue of $6.50 billion for the quarter, compared to analysts’ expectations of $6.56 billion. HF Sinclair had a net margin of 0.62% and a return on equity of 1.98%. As a group, equities analysts forecast that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a $0.50 dividend. The ex-dividend date was Thursday, March 6th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.03%. HF Sinclair’s dividend payout ratio (DPR) is presently 243.90%.

HF Sinclair Company 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.