6,231 Shares in HF Sinclair Co. (NYSE:DINO) Purchased by Stevens Capital Management LP

Stevens Capital Management LP purchased a new stake in shares of HF Sinclair Co. (NYSE:DINO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,231 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. LPL Financial LLC raised its holdings in HF Sinclair by 64.0% in the 4th quarter. LPL Financial LLC now owns 106,950 shares of the company’s stock worth $3,749,000 after purchasing an additional 41,743 shares in the last quarter. Fox Run Management L.L.C. purchased a new position in shares of HF Sinclair during the fourth quarter valued at about $800,000. KLP Kapitalforvaltning AS bought a new position in HF Sinclair in the fourth quarter worth about $7,031,000. AXQ Capital LP lifted its holdings in HF Sinclair by 75.1% in the fourth quarter. AXQ Capital LP now owns 21,593 shares of the company’s stock worth $757,000 after buying an additional 9,264 shares during the period. Finally, Virtu Financial LLC boosted its position in HF Sinclair by 237.3% during the 4th quarter. Virtu Financial LLC now owns 22,536 shares of the company’s stock valued at $790,000 after acquiring an additional 15,855 shares in the last quarter. Institutional investors own 88.29% of the company’s stock.

Insider Buying and Selling at HF Sinclair

In other HF Sinclair news, Director Franklin Myers acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was purchased at an average price of $35.66 per share, with a total value of $178,300.00. Following the transaction, the director now directly owns 154,065 shares in the company, valued at approximately $5,493,957.90. The trade was a 3.35 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.28% of the company’s stock.

HF Sinclair Trading Down 1.1 %

Shares of NYSE:DINO opened at $33.16 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. HF Sinclair Co. has a 1 year low of $29.85 and a 1 year high of $64.16. The company has a market cap of $6.25 billion, a P/E ratio of 40.44 and a beta of 1.13. The stock’s fifty day moving average price is $35.30 and its 200-day moving average price is $39.08.

HF Sinclair (NYSE:DINO) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.91) by ($0.11). HF Sinclair had a net margin of 0.62% and a return on equity of 1.98%. The company had revenue of $6.50 billion for the quarter, compared to analysts’ expectations of $6.56 billion. Sell-side analysts expect that HF Sinclair Co. will post 2.39 earnings per share for the current year.

HF Sinclair Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were given a $0.50 dividend. The ex-dividend date was Thursday, March 6th. This represents a $2.00 annualized dividend and a yield of 6.03%. HF Sinclair’s payout ratio is 243.90%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on DINO. Barclays dropped their price target on HF Sinclair from $37.00 to $35.00 and set an “equal weight” rating on the stock in a research report on Friday, March 14th. TD Cowen reduced their target price on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research report on Wednesday, December 18th. Morgan Stanley decreased their price target on shares of HF Sinclair from $51.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, March 14th. JPMorgan Chase & Co. dropped their price objective on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 10th. Finally, Mizuho decreased their target price on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $47.00.

HF Sinclair Company Profile

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.