Oak Thistle LLC Raises Position in HF Sinclair Co. (NYSE:DINO)

Oak Thistle LLC grew its holdings in shares of HF Sinclair Co. (NYSE:DINOFree Report) by 9.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,162 shares of the company’s stock after purchasing an additional 845 shares during the quarter. Oak Thistle LLC’s holdings in HF Sinclair were worth $565,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in DINO. Unison Advisors LLC raised its position in shares of HF Sinclair by 1.0% in the 3rd quarter. Unison Advisors LLC now owns 21,135 shares of the company’s stock worth $1,203,000 after buying an additional 210 shares during the period. Stifel Financial Corp raised its position in HF Sinclair by 0.8% in the third quarter. Stifel Financial Corp now owns 27,530 shares of the company’s stock valued at $1,567,000 after purchasing an additional 217 shares during the period. Coldstream Capital Management Inc. raised its position in HF Sinclair by 2.7% in the third quarter. Coldstream Capital Management Inc. now owns 8,570 shares of the company’s stock valued at $488,000 after purchasing an additional 223 shares during the period. Blue Trust Inc. raised its position in HF Sinclair by 30.9% in the fourth quarter. Blue Trust Inc. now owns 950 shares of the company’s stock valued at $54,000 after purchasing an additional 224 shares during the period. Finally, Resonant Capital Advisors LLC raised its position in HF Sinclair by 2.9% in the third quarter. Resonant Capital Advisors LLC now owns 10,330 shares of the company’s stock valued at $588,000 after purchasing an additional 292 shares during the period. Hedge funds and other institutional investors own 88.29% of the company’s stock.

Analyst Ratings Changes

DINO has been the topic of several research reports. UBS Group raised HF Sinclair from a “neutral” rating to a “buy” rating and raised their price objective for the company from $64.00 to $73.00 in a research report on Wednesday, February 14th. TD Cowen raised their target price on HF Sinclair from $50.00 to $52.00 and gave the company a “market perform” rating in a research note on Thursday, February 22nd. Mizuho raised their target price on HF Sinclair from $63.00 to $66.00 and gave the company a “neutral” rating in a research note on Friday, March 22nd. Bank of America upgraded HF Sinclair from a “neutral” rating to a “buy” rating and raised their target price for the company from $62.00 to $78.00 in a research note on Friday, March 15th. Finally, Barclays assumed coverage on HF Sinclair in a research note on Monday, February 26th. They set an “equal weight” rating and a $60.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.00.

Check Out Our Latest Stock Analysis on HF Sinclair

HF Sinclair Stock Up 3.2 %

NYSE:DINO opened at $63.14 on Thursday. The company has a market capitalization of $12.00 billion, a price-to-earnings ratio of 7.61 and a beta of 1.28. HF Sinclair Co. has a one year low of $37.12 and a one year high of $63.32. The stock has a 50-day simple moving average of $58.35 and a 200 day simple moving average of $56.04. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.16 and a current ratio of 2.22.

HF Sinclair (NYSE:DINOGet Free Report) last posted its quarterly earnings results on Wednesday, February 21st. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.15. The business had revenue of $7.66 billion during the quarter, compared to the consensus estimate of $8.05 billion. HF Sinclair had a return on equity of 17.61% and a net margin of 4.97%. The company’s revenue for the quarter was down 14.7% compared to the same quarter last year. During the same period last year, the firm earned $2.97 earnings per share. Sell-side analysts predict that HF Sinclair Co. will post 6.22 EPS for the current fiscal year.

HF Sinclair Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Shareholders of record on Monday, February 26th were paid a $0.50 dividend. This is an increase from HF Sinclair’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date was Friday, February 23rd. HF Sinclair’s payout ratio is presently 24.10%.

Insider Buying and Selling at HF Sinclair

In other HF Sinclair news, EVP Valerie Pompa sold 7,000 shares of HF Sinclair stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $57.53, for a total value of $402,710.00. Following the completion of the transaction, the executive vice president now directly owns 29,617 shares in the company, valued at $1,703,866.01. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other HF Sinclair news, Director Manuel J. Fernandez sold 1,213 shares of HF Sinclair stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $61.10, for a total value of $74,114.30. Following the completion of the transaction, the director now directly owns 9,828 shares in the company, valued at $600,490.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Valerie Pompa sold 7,000 shares of HF Sinclair stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $57.53, for a total value of $402,710.00. Following the sale, the executive vice president now directly owns 29,617 shares in the company, valued at approximately $1,703,866.01. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by insiders.

HF Sinclair Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for HF Sinclair (NYSE:DINO)

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