HF Sinclair Co. (NYSE:DINO) Shares Acquired by Jackson Hole Capital Partners LLC

Jackson Hole Capital Partners LLC grew its holdings in HF Sinclair Co. (NYSE:DINO) by 13.2% during the 4th quarter, Holdings Channel reports. The firm owned 33,317 shares of the company’s stock after buying an additional 3,890 shares during the period. Jackson Hole Capital Partners LLC’s holdings in HF Sinclair were worth $1,851,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DINO. Pacer Advisors Inc. grew its position in shares of HF Sinclair by 55.0% in the fourth quarter. Pacer Advisors Inc. now owns 4,666,579 shares of the company’s stock valued at $259,322,000 after purchasing an additional 1,656,704 shares during the last quarter. Vanguard Group Inc. grew its position in shares of HF Sinclair by 5.5% in the third quarter. Vanguard Group Inc. now owns 16,665,477 shares of the company’s stock valued at $948,766,000 after purchasing an additional 869,429 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of HF Sinclair in the third quarter valued at approximately $41,728,000. Korea Investment CORP grew its position in shares of HF Sinclair by 584.0% in the third quarter. Korea Investment CORP now owns 283,962 shares of the company’s stock valued at $16,166,000 after purchasing an additional 242,447 shares during the last quarter. Finally, AustralianSuper Pty Ltd grew its position in shares of HF Sinclair by 27.3% in the fourth quarter. AustralianSuper Pty Ltd now owns 1,075,803 shares of the company’s stock valued at $59,782,000 after purchasing an additional 230,834 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. TD Cowen raised their target price on shares of HF Sinclair from $50.00 to $52.00 and gave the stock a “market perform” rating in a research report on Thursday, February 22nd. UBS Group upgraded shares of HF Sinclair from a “neutral” rating to a “buy” rating and raised their target price for the stock from $64.00 to $73.00 in a research report on Wednesday, February 14th. Barclays began coverage on shares of HF Sinclair in a research report on Monday, February 26th. They set an “equal weight” rating and a $60.00 target price on the stock. Scotiabank lifted their price target 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. Finally, Mizuho decreased their price target on shares of HF Sinclair from $66.00 to $65.00 and set a “neutral” rating on the stock in a report on Monday, April 15th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.42.

Insider Buying and Selling

In related news, EVP Valerie Pompa sold 7,000 shares of HF Sinclair stock in a transaction 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 sale, the executive vice president now owns 29,617 shares of the company’s stock, valued at approximately $1,703,866.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Franklin Myers bought 4,180 shares of the company’s stock in a transaction dated Monday, February 26th. The stock was bought at an average price of $58.94 per share, with a total value of $246,369.20. Following the transaction, the director now owns 131,793 shares of the company’s stock, valued at $7,767,879.42. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Valerie Pompa sold 7,000 shares of the business’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $57.53, for a total transaction of $402,710.00. Following the completion of the sale, 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. 0.28% of the stock is currently owned by insiders.

HF Sinclair Trading Up 0.3 %

Shares of DINO stock traded up $0.19 during mid-day trading on Thursday, reaching $57.62. The company’s stock had a trading volume of 1,755,525 shares, compared to its average volume of 2,150,008. The company’s 50 day simple moving average is $58.91 and its 200-day simple moving average is $56.33. HF Sinclair Co. has a 12-month low of $37.12 and a 12-month high of $64.16. The company has a quick ratio of 1.16, a current ratio of 2.22 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $11.36 billion, a PE ratio of 6.94 and a beta of 1.28.

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

HF Sinclair Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Monday, February 26th were paid a dividend of $0.50 per share. This is an increase from HF Sinclair’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, February 23rd. This represents a $2.00 annualized dividend and a yield of 3.47%. HF Sinclair’s payout ratio is 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.