Polianta Ltd Has $878,000 Holdings in HF Sinclair Co. (NYSE:DINO)

Polianta Ltd cut its stake in shares of HF Sinclair Co. (NYSE:DINOFree Report) by 14.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,800 shares of the company’s stock after selling 2,600 shares during the period. Polianta Ltd’s holdings in HF Sinclair were worth $878,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of DINO. Parkside Financial Bank & Trust acquired a new position in shares of HF Sinclair in the first quarter worth approximately $36,000. Ronald Blue Trust Inc. boosted its holdings in 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 during the last quarter. Lazard Asset Management LLC bought a new stake in HF Sinclair in the first quarter valued at approximately $52,000. UniSuper Management Pty Ltd bought a new stake in HF Sinclair in the second quarter valued at approximately $54,000. Finally, Atlas Capital Advisors LLC bought a new stake in HF Sinclair in the second quarter valued at approximately $58,000. 89.15% of the stock is currently owned by institutional investors and hedge funds.

HF Sinclair Stock Up 1.9 %

Shares of HF Sinclair stock traded up $1.09 during trading hours on Friday, reaching $59.34. The company’s stock had a trading volume of 17,183,596 shares, compared to its average volume of 2,393,229. The company has a market capitalization of $11.28 billion, a P/E ratio of 7.15, a P/E/G ratio of 1.18 and a beta of 1.28. HF Sinclair Co. has a one year low of $37.12 and a one year high of $62.20. The stock’s fifty day simple moving average is $56.36 and its two-hundred day simple moving average is $55.84. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.16 and a current ratio of 2.22.

HF Sinclair (NYSE:DINOGet Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.15. HF Sinclair had a return on equity of 17.61% and a net margin of 4.97%. The business had revenue of $7.66 billion during the quarter, compared to the consensus estimate of $8.05 billion. During the same quarter in the prior year, the company posted $2.97 earnings per share. HF Sinclair’s revenue was down 14.7% compared to the same quarter last year. On average, research analysts forecast that HF Sinclair Co. will post 6.36 earnings per share for the current year.

HF Sinclair Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Monday, February 26th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $2.00 annualized dividend and a dividend yield of 3.37%. This is an increase from HF Sinclair’s previous quarterly dividend of $0.45. HF Sinclair’s dividend payout ratio is currently 24.10%.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Wells Fargo & Company upped their price target on shares of HF Sinclair from $64.00 to $67.00 and gave the company an “overweight” rating in a research report on Thursday, February 22nd. UBS Group raised shares of HF Sinclair from a “neutral” rating to a “buy” rating and upped their price target for the company from $64.00 to $73.00 in a research report on Wednesday, February 14th. Bank of America raised HF Sinclair from a “neutral” rating to a “buy” rating and boosted their price target for the company from $62.00 to $78.00 in a research note on Friday. Barclays assumed coverage on HF Sinclair in a research note on Monday, February 26th. They issued an “equal weight” rating and a $60.00 price target on the stock. Finally, TD Cowen boosted their price target on HF Sinclair from $50.00 to $52.00 and gave the company a “market perform” rating in a research note on Thursday, February 22nd. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, HF Sinclair presently has a consensus rating of “Moderate Buy” and an average target price of $64.82.

Get Our Latest Analysis on DINO

Insider Activity at HF Sinclair

In related news, Director Franklin Myers purchased 4,180 shares of HF Sinclair stock in a transaction that occurred 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 transaction, 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 available at this link. In other news, Director Franklin Myers purchased 4,180 shares of the business’s stock in a transaction dated 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 purchase, the director now owns 131,793 shares of the company’s stock, valued at $7,767,879.42. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Valerie Pompa sold 7,000 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $57.53, for a total value of $402,710.00. Following the transaction, the executive vice president now 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. 0.35% of the stock is owned by insiders.

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.

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Institutional Ownership by Quarter for HF Sinclair (NYSE:DINO)

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