2 weeks Ago By ABMN Staff
Townsquare Capital LLC raised its position in HF Sinclair Co. ( NYSE:DINO – Free Report ) by 109.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The firm owned 10,348 shares of the company’s stock after acquiring an additional 5,419 shares during the quarter. Townsquare Capital LLC’s holdings in HF Sinclair were worth $363,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently modified their holdings of the company.
Sugar Maple Asset Management LLC purchased a new stake in HF Sinclair in the 4th quarter worth approximately $27,000. Lee Danner & Bass Inc. bought a new stake in HF Sinclair in the fourth quarter valued at $32,000.
EverSource Wealth Advisors LLC increased its position in HF Sinclair by 53.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company’s stock valued at $33,000 after purchasing an additional 327 shares during the period.
MassMutual Private Wealth & Trust FSB raised its holdings in HF Sinclair by 68.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company’s stock worth $48,000 after purchasing an additional 558 shares in the last quarter.
Finally, IFP Advisors Inc lifted its position in shares of HF Sinclair by 33.4% in the 4th quarter. IFP Advisors Inc now owns 1,666 shares of the company’s stock worth $58,000 after purchasing an additional 417 shares during the period.
88.29% of the stock is owned by institutional investors. Analyst Ratings Changes Several equities analysts recently issued reports on the stock.
Morgan Stanley reduced their price target on shares of HF Sinclair from $51.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, March 14th.
Mizuho decreased their target price on HF Sinclair from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, April 3rd.
Piper Sandler set a $46.00 target price on HF Sinclair in a research note on Friday, March 7th. Barclays reduced their price target on HF Sinclair from $35.
00 to $29.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 16th. Finally, Wells Fargo & Company raised their price objective on HF Sinclair from $42.
00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday, March 21st. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock.
According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $45.10. HF Sinclair Stock Performance DINO stock opened at $29.
15 on Tuesday. The stock’s 50 day simple moving average is $32.22 and its 200 day simple moving average is $36.
66. The company has a current ratio of 1.81, a quick ratio of 0.
90 and a debt-to-equity ratio of 0.24. HF Sinclair Co.
has a 12-month low of $24.66 and a 12-month high of $58.73.
The stock has a market capitalization of $5.49 billion, a PE ratio of 35.55 and a beta of 1.
00. HF Sinclair ( NYSE:DINO – Get Free Report ) last released its quarterly earnings data on Thursday, February 20th. The company reported ($1.
02) EPS for the quarter, missing the consensus estimate of ($0.91) by ($0.11).
The business had revenue of $6.50 billion during the quarter, compared to the consensus estimate of $6.56 billion.
HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%.
As a group, research analysts forecast that HF Sinclair Co. will post 2.39 earnings per share for the current fiscal year.
HF Sinclair Announces Dividend The business 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.
This represents a $2.00 dividend on an annualized basis and a yield of 6.86%.
The ex-dividend date of this dividend was Thursday, March 6th. HF Sinclair’s dividend payout ratio (DPR) is presently 243.90%.
Insider Buying and Selling at HF Sinclair In other news, Director Franklin Myers acquired 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was bought at an average price of $35.66 per share, with a total value of $178,300.
00. Following the completion of the acquisition, the director now directly owns 154,065 shares of the company’s stock, valued at approximately $5,493,957.90.
The trade was a 3.35 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website .
Company insiders own 0.28% of the company’s stock. 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. Read More 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 ). Receive News & Ratings for HF Sinclair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HF Sinclair and related companies with MarketBeat.
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