3,810 Shares in HF Sinclair Corporation $DINO Bought by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp bought a new position in shares of HF Sinclair Corporation (NYSE:DINO) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,810 shares of the company’s stock, valued at approximately $157,000.

A number of other institutional investors have also added to or reduced their stakes in DINO. OMNI 360 Wealth Inc. purchased a new position in shares of HF Sinclair during the 2nd quarter valued at about $218,000. Level Four Advisory Services LLC boosted its stake in HF Sinclair by 71.4% in the first quarter. Level Four Advisory Services LLC now owns 125,263 shares of the company’s stock worth $4,119,000 after buying an additional 52,182 shares in the last quarter. Russell Investments Group Ltd. grew its position in HF Sinclair by 103.1% during the first quarter. Russell Investments Group Ltd. now owns 427,175 shares of the company’s stock valued at $14,046,000 after acquiring an additional 216,839 shares during the last quarter. Energy Income Partners LLC raised its stake in shares of HF Sinclair by 85.9% during the first quarter. Energy Income Partners LLC now owns 54,890 shares of the company’s stock worth $1,805,000 after acquiring an additional 25,364 shares in the last quarter. Finally, M&T Bank Corp raised its stake in shares of HF Sinclair by 20.2% during the first quarter. M&T Bank Corp now owns 31,294 shares of the company’s stock worth $1,029,000 after acquiring an additional 5,249 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors.

HF Sinclair Stock Up 2.0%

Shares of NYSE:DINO opened at $54.72 on Monday. The stock’s 50-day moving average is $52.44 and its 200 day moving average is $44.74. The company has a market cap of $10.07 billion, a PE ratio of -118.96 and a beta of 0.99. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.82 and a quick ratio of 0.83. HF Sinclair Corporation has a 1 year low of $24.66 and a 1 year high of $55.63.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings data on Thursday, October 30th. The company reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.50. HF Sinclair had a positive return on equity of 1.89% and a negative net margin of 0.32%.The firm had revenue of $7.25 billion for the quarter, compared to analyst estimates of $6.99 billion. During the same period last year, the company earned $0.51 EPS. The business’s quarterly revenue was up .6% compared to the same quarter last year. Sell-side analysts anticipate that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Wednesday, November 19th will be issued a $0.50 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $2.00 annualized dividend and a yield of 3.7%. HF Sinclair’s payout ratio is 95.69%.

Analyst Upgrades and Downgrades

Several research firms recently commented on DINO. Zacks Research raised shares of HF Sinclair from a “hold” rating to a “strong-buy” rating in a report on Friday, October 3rd. Morgan Stanley raised their price objective on HF Sinclair from $50.00 to $60.00 and gave the company an “overweight” rating in a research note on Friday, October 3rd. Weiss Ratings restated a “hold (c-)” rating on shares of HF Sinclair in a report on Wednesday, October 8th. Piper Sandler raised their price target on HF Sinclair from $51.00 to $59.00 and gave the stock a “neutral” rating in a research report on Thursday, September 11th. Finally, The Goldman Sachs Group boosted their price objective on HF Sinclair from $54.00 to $61.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $58.73.

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.