HF Sinclair Corporation (NYSE:DINO – Get Free Report) was the recipient of unusually large options trading on Monday. Traders purchased 28,641 call options on the stock. This is an increase of approximately 503% compared to the average volume of 4,747 call options.
Insider Activity at HF Sinclair
In other HF Sinclair news, Director Rhoman J. Hardy acquired 1,508 shares of the stock in a transaction dated Tuesday, June 16th. The stock was acquired at an average price of $66.32 per share, with a total value of $100,010.56. Following the completion of the purchase, the director owned 15,037 shares in the company, valued at $997,253.84. This trade represents a 11.15% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Manuel J. Fernandez sold 635 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $73.09, for a total value of $46,412.15. Following the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 13,736 shares of company stock worth $954,694 over the last ninety days. Company insiders own 0.26% of the company’s stock.
Institutional Investors Weigh In On HF Sinclair
Several large investors have recently made changes to their positions in DINO. V Square Quantitative Management LLC purchased a new stake in HF Sinclair during the 4th quarter worth $26,000. REAP Financial Group LLC purchased a new stake in shares of HF Sinclair during the fourth quarter worth about $29,000. Nalls Sherbakoff Group LLC acquired a new position in shares of HF Sinclair in the fourth quarter worth about $36,000. Fairway Wealth LLC acquired a new position in shares of HF Sinclair in the first quarter worth about $41,000. Finally, State of Wyoming purchased a new position in HF Sinclair in the second quarter valued at about $41,000. Institutional investors and hedge funds own 88.29% of the company’s stock.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on DINO
HF Sinclair Stock Up 2.0%
Shares of NYSE DINO opened at $71.06 on Wednesday. The stock has a market capitalization of $12.81 billion, a price-to-earnings ratio of 10.71 and a beta of 0.72. HF Sinclair has a 52 week low of $41.95 and a 52 week high of $74.72. The firm has a 50-day moving average price of $68.17 and a 200 day moving average price of $58.75. The company has a quick ratio of 0.88, a current ratio of 1.79 and a debt-to-equity ratio of 0.28.
HF Sinclair (NYSE:DINO – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.75. The firm had revenue of $7.12 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.27) earnings per share. Equities research analysts anticipate that HF Sinclair will post 8.9 EPS for the current fiscal year.
HF Sinclair Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 11th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, May 11th. HF Sinclair’s dividend payout ratio (DPR) is 30.08%.
About HF Sinclair
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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