21,234 Shares in HF Sinclair Corporation $DINO Purchased by Havemeyer Place LP

Havemeyer Place LP acquired a new position in shares of HF Sinclair Corporation (NYSE:DINOFree Report) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 21,234 shares of the company’s stock, valued at approximately $978,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DINO. Invesco Ltd. increased its position in shares of HF Sinclair by 104.3% during the third quarter. Invesco Ltd. now owns 1,947,075 shares of the company’s stock valued at $101,910,000 after acquiring an additional 994,090 shares during the last quarter. Merewether Investment Management LP acquired a new stake in shares of HF Sinclair during the third quarter valued at about $35,717,000. Bank of New York Mellon Corp increased its position in shares of HF Sinclair by 41.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,987,992 shares of the company’s stock valued at $91,607,000 after acquiring an additional 583,390 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of HF Sinclair by 6.4% during the third quarter. Dimensional Fund Advisors LP now owns 9,259,238 shares of the company’s stock valued at $484,631,000 after acquiring an additional 560,194 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of HF Sinclair by 151.9% during the third quarter. Jacobs Levy Equity Management Inc. now owns 902,091 shares of the company’s stock valued at $47,215,000 after acquiring an additional 543,983 shares during the last quarter. 88.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Raymond James Financial lifted their price target on shares of HF Sinclair from $66.00 to $75.00 and gave the company a “strong-buy” rating in a research report on Wednesday, March 25th. Weiss Ratings raised HF Sinclair from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Scotiabank lifted their price objective on HF Sinclair from $53.00 to $54.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 22nd. Barclays lifted their price objective on HF Sinclair from $61.00 to $71.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Finally, Mizuho reaffirmed a “neutral” rating and issued a $79.00 price objective (up from $67.00) on shares of HF Sinclair in a research note on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $70.82.

Get Our Latest Research Report on HF Sinclair

HF Sinclair Trading Down 0.0%

NYSE:DINO opened at $71.38 on Monday. The firm has a market cap of $12.87 billion, a PE ratio of 10.73 and a beta of 0.72. The stock has a fifty day moving average price of $65.47 and a 200 day moving average price of $56.85. HF Sinclair Corporation has a 12-month low of $36.65 and a 12-month high of $74.72. The company has a current ratio of 1.79, a quick ratio of 0.88 and a debt-to-equity ratio of 0.28.

HF Sinclair (NYSE:DINOGet Free Report) last released its earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.75. The firm had revenue of $7.12 billion during the quarter, compared to analyst estimates of $6.83 billion. HF Sinclair had a return on equity of 11.94% and a net margin of 4.46%.HF Sinclair’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the business posted ($0.27) earnings per share. Sell-side analysts anticipate that HF Sinclair Corporation will post 8.77 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 11th were issued a $0.50 dividend. The ex-dividend date was Monday, May 11th. This represents a $2.00 dividend on an annualized basis and a yield of 2.8%. HF Sinclair’s dividend payout ratio (DPR) is 30.08%.

Insider Buying and Selling

In other HF Sinclair news, Director Manuel J. Fernandez sold 635 shares of HF Sinclair stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $73.09, for a total transaction of $46,412.15. Following the completion of the sale, the director directly owned 16,543 shares of the company’s stock, valued at $1,209,127.87. The trade was a 3.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Vivek Garg sold 717 shares of HF Sinclair stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $71.89, for a total value of $51,545.13. Following the sale, the chief financial officer directly owned 11,475 shares of the company’s stock, valued at $824,937.75. This trade represents a 5.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 13,736 shares of company stock valued at $954,694. 0.26% of the stock is currently owned by company insiders.

HF Sinclair Profile

(Free Report)

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.

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

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