NYSE:DINO - Free Report ) by 242.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 125,296 shares of the company's stock after acquiring an additional 88,758 shares during the quarter. Panagora Asset Management Inc. owned about 0.07% of HF Sinclair worth $6,963,000 as of its most recent SEC filing.
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Several other institutional investors have also modified their holdings of DINO. Quadrant Capital Group LLC raised its position in shares of HF Sinclair by 27.5% during the 4th quarter. Quadrant Capital Group LLC now owns 3,827 shares of the company's stock valued at $213,000 after buying an additional 825 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in shares of HF Sinclair by 28.2% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 21,586 shares of the company's stock worth $1,200,000 after purchasing an additional 4,752 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of HF Sinclair by 0.3% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 83,703 shares of the company's stock worth $4,688,000 after purchasing an additional 275 shares during the last quarter. Principal Financial Group Inc. raised its holdings in HF Sinclair by 1.2% in the 4th quarter. Principal Financial Group Inc. now owns 1,455,962 shares of the company's stock valued at $80,908,000 after buying an additional 17,934 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in HF Sinclair by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,345,088 shares of the company's stock valued at $297,027,000 after buying an additional 98,477 shares during the last quarter. Hedge funds and other institutional investors own 88.29% of the company's stock.
Insiders Place Their Bets In other news, Director Franklin Myers acquired 4,180 shares of HF Sinclair stock in a transaction on Monday, February 26th. The stock was bought at an average price of $58.94 per share, for a total transaction of $246,369.20. Following the completion of the purchase, the director now owns 131,793 shares in the company, valued at $7,767,879.42. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . In other HF Sinclair news, Director Franklin Myers bought 4,180 shares of HF Sinclair stock in a transaction dated Monday, February 26th. The stock was acquired at an average cost of $58.94 per share, with a total value of $246,369.20. Following the completion of the acquisition, the director now owns 131,793 shares of the company's stock, valued at $7,767,879.42. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link . Also, Director Manuel J. Fernandez sold 1,213 shares of the stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $61.10, for a total transaction of $74,114.30. Following the sale, the director now owns 9,828 shares of the company's stock, valued at approximately $600,490.80. The disclosure for this sale can be found here . Corporate insiders own 0.28% of the company's stock.
HF Sinclair Price Performance DINO stock opened at $58.43 on Friday. The business has a 50 day moving average price of $58.52 and a 200 day moving average price of $56.50. The company has a quick ratio of 1.09, a current ratio of 2.17 and a debt-to-equity ratio of 0.26. The stock has a market cap of $11.23 billion, a price-to-earnings ratio of 7.23 and a beta of 1.31. HF Sinclair Co. has a fifty-two week low of $40.12 and a fifty-two week high of $64.16.
HF Sinclair (NYSE:DINO - Get Free Report ) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.16. The business had revenue of $7.03 billion during the quarter, compared to the consensus estimate of $7.54 billion. HF Sinclair had a net margin of 4.94% and a return on equity of 15.10%. The company's revenue was down 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.00 EPS. Equities research analysts anticipate that HF Sinclair Co. will post 6.17 earnings per share for the current fiscal year.
HF Sinclair Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Wednesday, May 22nd will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.42%. The ex-dividend date of this dividend is Tuesday, May 21st. HF Sinclair's payout ratio is 24.75%.
Analyst Upgrades and Downgrades Several research firms recently weighed in on DINO. Scotiabank lifted their target price on shares of HF Sinclair from $58.00 to $66.00 and gave the company a "sector outperform" rating in a report on Thursday, April 11th. Barclays began coverage on HF Sinclair in a research note on Monday, February 26th. They set an "equal weight" rating and a $60.00 target price on the stock. Piper Sandler dropped their target price on HF Sinclair from $70.00 to $65.00 and set an "overweight" rating for the company in a research report on Tuesday. Bank of America raised shares of HF Sinclair from a "neutral" rating to a "buy" rating and increased their price target for the stock from $62.00 to $78.00 in a research report on Friday, March 15th. Finally, Mizuho dropped their price target on shares of HF Sinclair from $65.00 to $64.00 and set a "neutral" rating for the company in a research note on Monday, May 13th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $64.92.
View Our Latest Stock Report on HF Sinclair
HF Sinclair Profile (
Free Report )
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.
See Also Want to see what other hedge funds are holding DINO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HF Sinclair Co. (NYSE:DINO - Free Report ).
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