Fractal Investments LLC Purchases 15,223 Shares of HF Sinclair Co. (NYSE:DINO)

Fractal Investments LLC increased its holdings in HF Sinclair Co. (NYSE:DINO) by 304.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,223 shares of the company’s stock after acquiring an additional 15,223 shares during the period. HF Sinclair comprises 0.2% of Fractal Investments LLC’s investment portfolio, making the stock its 21st biggest holding. Fractal Investments LLC’s holdings in HF Sinclair were worth $1,124,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in DINO. CWM LLC lifted its position in shares of HF Sinclair by 18.4% during the third quarter. CWM LLC now owns 2,942 shares of the company’s stock valued at $168,000 after purchasing an additional 458 shares in the last quarter. AE Wealth Management LLC purchased a new position in shares of HF Sinclair in the 3rd quarter worth approximately $521,000. Ronald Blue Trust Inc. grew its holdings in shares of HF Sinclair by 200.0% in the third quarter. Ronald Blue Trust Inc. now owns 726 shares of the company’s stock valued at $41,000 after acquiring an additional 484 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of HF Sinclair by 7.0% during the third quarter. State of Alaska Department of Revenue now owns 20,171 shares of the company’s stock valued at $1,148,000 after acquiring an additional 1,320 shares during the last quarter. Finally, Redwood Wealth Management Group LLC lifted its holdings in HF Sinclair by 7.9% during the third quarter. Redwood Wealth Management Group LLC now owns 9,162 shares of the company’s stock worth $522,000 after acquiring an additional 671 shares during the period. Institutional investors own 88.29% of the company’s stock.

Insiders Place Their Bets

In other HF Sinclair news, Director Manuel J. Fernandez sold 1,213 shares of the stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $61.10, for a total transaction of $74,114.30. Following the completion of the sale, the director now owns 9,828 shares of the company’s stock, valued at approximately $600,490.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other HF Sinclair news, Director Manuel J. Fernandez sold 1,213 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $61.10, for a total value of $74,114.30. Following the completion of the sale, the director now directly owns 9,828 shares in the company, valued at $600,490.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Valerie Pompa sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $57.53, for a total transaction of $402,710.00. Following the transaction, the executive vice president now directly owns 29,617 shares of the company’s stock, valued at approximately $1,703,866.01. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. TD Cowen increased their target price on shares of HF Sinclair from $50.00 to $52.00 and gave the company a “market perform” rating in a research report on Thursday, February 22nd. Scotiabank boosted their target price on HF Sinclair from $58.00 to $66.00 and gave the company a “sector outperform” rating in a research note on Thursday, April 11th. Barclays started coverage on HF Sinclair in a research note on Monday, February 26th. They set an “equal weight” rating and a $60.00 price target for the company. UBS Group raised shares of HF Sinclair from a “neutral” rating to a “buy” rating and upped their price objective for the company from $64.00 to $73.00 in a report on Wednesday, February 14th. Finally, Piper Sandler lifted their target price on shares of HF Sinclair from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, April 5th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, HF Sinclair has a consensus rating of “Moderate Buy” and a consensus target price of $65.42.

HF Sinclair Price Performance

Shares of DINO stock traded down $0.03 on Wednesday, reaching $57.43. The company’s stock had a trading volume of 1,270,005 shares, compared to its average volume of 2,155,002. The company has a market capitalization of $11.32 billion, a P/E ratio of 6.92 and a beta of 1.28. HF Sinclair Co. has a 12-month low of $37.12 and a 12-month high of $64.16. The stock’s 50 day simple moving average is $58.98 and its 200-day simple moving average is $56.32. The company has a quick ratio of 1.16, a current ratio of 2.22 and a debt-to-equity ratio of 0.27.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.15. HF Sinclair had a return on equity of 17.61% and a net margin of 4.97%. The firm had revenue of $7.66 billion during the quarter, compared to the consensus estimate of $8.05 billion. During the same quarter last year, the company posted $2.97 EPS. The company’s revenue for the quarter was down 14.7% on a year-over-year basis. As a group, equities analysts predict that HF Sinclair Co. will post 6.55 earnings per share for the current fiscal year.

HF Sinclair Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Monday, February 26th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.48%. This is a boost from HF Sinclair’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, February 23rd. HF Sinclair’s dividend payout ratio (DPR) is currently 24.10%.

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.