HF Sinclair Corporation $DINO Shares Newly Acquired by Bank of New Hampshire

Bank of New Hampshire purchased a new stake in HF Sinclair Corporation (NYSE:DINO – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,903 shares of the company’s stock, valued at approximately $741,000.

Several other large investors have also modified their holdings of DINO. Clearstead Trust LLC purchased a new stake in shares of HF Sinclair in the 2nd quarter worth approximately $33,000. Nalls Sherbakoff Group LLC purchased a new position in HF Sinclair during the fourth quarter valued at approximately $36,000. Fairway Wealth LLC bought a new position in HF Sinclair in the first quarter worth approximately $41,000. Main Street Group LTD bought a new position in HF Sinclair in the first quarter worth approximately $54,000. Finally, Core Capital Management & Research inc. purchased a new stake in HF Sinclair during the second quarter worth $67,000. Institutional investors own 88.29% of the company’s stock.

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HF Sinclair Stock Down 0.3%

DINO traded down $0.29 during trading on Tuesday, hitting $114.93. The stock had a trading volume of 1,722,454 shares, compared to its average volume of 2,698,022. The company has a market capitalization of $20.43 billion, a PE ratio of 10.97 and a beta of 0.72. HF Sinclair Corporation has a twelve month low of $45.71 and a twelve month high of $118.39. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.10 and a current ratio of 1.97. The stock has a 50 day simple moving average of $100.23 and a two-hundred day simple moving average of $80.05.

HF Sinclair (NYSE:DINO – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $5.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.49 by $0.82. The business had revenue of $10.39 billion for the quarter, compared to analyst estimates of $8.68 billion. HF Sinclair had a net margin of 6.13% and a return on equity of 18.21%. The business’s revenue for the quarter was up 53.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.10 earnings per share. On average, research analysts predict that HF Sinclair Corporation will post 17.51 earnings per share for the current year.

HF Sinclair Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Tuesday, August 11th were paid a dividend of $0.5250 per share. This is a positive change from HF Sinclair’s previous quarterly dividend of $0.50. The ex-dividend date was Tuesday, August 11th. This represents a $2.10 annualized dividend and a yield of 1.8%. HF Sinclair’s dividend payout ratio (DPR) is presently 20.04%.

Analyst Upgrades and Downgrades

DINO has been the topic of several recent research reports. Weiss Ratings raised HF Sinclair from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. The Goldman Sachs Group reissued a “buy” rating and issued a $114.00 price target on shares of HF Sinclair in a research report on Wednesday, July 29th. Barclays upped their price objective on HF Sinclair from $81.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 29th. TD Cowen raised their price objective on HF Sinclair from $79.00 to $98.00 and gave the company a “hold” rating in a research report on Tuesday, July 21st. Finally, Freedom Capital lowered HF Sinclair from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, seven 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 currently has an average rating of “Moderate Buy” and an average target price of $94.83.

View Our Latest Stock Report on HF Sinclair

Insiders Place Their Bets

In related news, SVP Dale Kunneman sold 8,936 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $84.58, for a total transaction of $755,806.88. Following the transaction, the senior vice president directly owned 42,561 shares of the company’s stock, valued at $3,599,809.38. This represents a 17.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.26% of the stock is currently owned by company insiders.

About HF Sinclair

(Free Report)

HF Sinclair Corporation is an independent energy company engaged in refining, marketing, and distributing petroleum products. The company produces gasoline, diesel fuel, jet fuel, asphalt, lubricants, and specialty products for commercial, industrial, and consumer markets. Its operations also include renewable energy activities, including the production and marketing of renewable diesel.

HF Sinclair markets fuel and related products through branded and unbranded channels under names that include Sinclair, HollyFrontier, and Petro-Canada Lubricants.

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