Mader & Shannon Wealth Management Inc. Takes $1.84 Million Position in HF Sinclair Co. (NYSE:DINO)

Mader & Shannon Wealth Management Inc. bought a new stake in shares of HF Sinclair Co. (NYSE:DINO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 52,469 shares of the company’s stock, valued at approximately $1,839,000. HF Sinclair comprises 1.1% of Mader & Shannon Wealth Management Inc.’s investment portfolio, making the stock its 17th largest position.

Other large investors have also recently made changes to their positions in the company. Creative Planning raised its holdings in HF Sinclair by 20.1% in the 3rd quarter. Creative Planning now owns 56,938 shares of the company’s stock worth $2,538,000 after acquiring an additional 9,519 shares during the last quarter. Blue Trust Inc. raised its holdings in HF Sinclair by 48.4% in the 3rd quarter. Blue Trust Inc. now owns 4,589 shares of the company’s stock worth $205,000 after acquiring an additional 1,497 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in HF Sinclair by 43.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 35,304 shares of the company’s stock worth $1,573,000 after acquiring an additional 10,750 shares during the last quarter. Signaturefd LLC raised its holdings in HF Sinclair by 10.1% in the 3rd quarter. Signaturefd LLC now owns 4,275 shares of the company’s stock worth $191,000 after acquiring an additional 392 shares during the last quarter. Finally, Private Advisor Group LLC purchased a new position in HF Sinclair in the 3rd quarter worth approximately $344,000. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DINO has been the subject of a number of recent analyst reports. Mizuho decreased their price objective on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Wells Fargo & Company downgraded shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $53.00 to $45.00 in a research report on Monday, December 9th. Barclays cut their target price on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. UBS Group cut their target price on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. cut their target price on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, December 10th. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $51.00.

HF Sinclair Trading Down 1.7 %

Shares of DINO stock opened at $37.83 on Thursday. The company has a market cap of $7.12 billion, a price-to-earnings ratio of 23.35 and a beta of 1.22. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The firm has a fifty day moving average price of $36.02 and a 200-day moving average price of $41.37. HF Sinclair Co. has a 1 year low of $33.47 and a 1 year high of $64.16.

Insider Buying and Selling

In other news, CFO Atanas H. Atanasov bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The stock was bought at an average price of $33.77 per share, with a total value of $168,850.00. Following the acquisition, the chief financial officer now owns 78,927 shares of the company’s stock, valued at approximately $2,665,364.79. This represents a 6.76 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.28% of the stock is currently owned by insiders.

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.