B. Metzler seel. Sohn & Co. AG Has $595,000 Position in HF Sinclair Co. (NYSE:DINO)

B. Metzler seel. Sohn & Co. AG cut its position in HF Sinclair Co. (NYSE:DINO) by 30.2% during the 4th quarter, HoldingsChannel reports. The firm owned 17,144 shares of the company’s stock after selling 7,428 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in HF Sinclair were worth $595,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Sugar Maple Asset Management LLC bought a new stake in HF Sinclair during the 4th quarter worth approximately $27,000. Lee Danner & Bass Inc. acquired a new position in shares of HF Sinclair in the fourth quarter valued at approximately $32,000. EverSource Wealth Advisors LLC increased its position in shares of HF Sinclair by 53.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company’s stock worth $33,000 after acquiring an additional 327 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of HF Sinclair by 68.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company’s stock worth $48,000 after acquiring an additional 558 shares during the period. Finally, IFP Advisors Inc lifted its position in HF Sinclair by 33.4% in the 4th quarter. IFP Advisors Inc now owns 1,666 shares of the company’s stock valued at $58,000 after acquiring an additional 417 shares in the last quarter. 88.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on DINO shares. Barclays dropped their price target on HF Sinclair from $37.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Friday, March 14th. TD Cowen cut their target price on HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research note on Wednesday, December 18th. Wells Fargo & Company raised their price target on shares of HF Sinclair from $42.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Friday, March 21st. Morgan Stanley cut their price objective on shares of HF Sinclair from $51.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, March 14th. Finally, JPMorgan Chase & Co. decreased their target price on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, December 10th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $46.50.

HF Sinclair Trading Down 6.2 %

HF Sinclair stock opened at $27.46 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81. The stock has a 50-day simple moving average of $34.55 and a 200 day simple moving average of $38.35. The stock has a market capitalization of $5.17 billion, a P/E ratio of 33.48 and a beta of 1.13. HF Sinclair Co. has a 52 week low of $26.02 and a 52 week high of $64.16.

HF Sinclair (NYSE:DINO) last posted its earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.91) by ($0.11). HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. The business had revenue of $6.50 billion for the quarter, compared to analyst estimates of $6.56 billion. Analysts expect that HF Sinclair Co. will post 2.39 earnings per share for the current 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 dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.28%. The ex-dividend date of this dividend was Thursday, March 6th. HF Sinclair’s dividend payout ratio is presently 243.90%.

Insider Buying and Selling

In related news, Director Franklin Myers acquired 5,000 shares of the business’s stock in a transaction on Wednesday, February 26th. The stock was purchased at an average cost of $35.66 per share, for a total transaction of $178,300.00. Following the completion of the transaction, the director now directly owns 154,065 shares of the company’s stock, valued at approximately $5,493,957.90. The trade was a 3.35 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.28% of the stock is currently owned by insiders.

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.