22,831 Shares in HF Sinclair Co. (NYSE:DINO) Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 22,831 shares of the company's stock, valued at approximately $800,000.

Several other hedge funds also recently modified their holdings of the company. Sugar Maple Asset Management LLC acquired a new stake in HF Sinclair during the 4th quarter valued at $27,000. Lee Danner & Bass Inc. bought a new stake in shares of HF Sinclair during the fourth quarter worth $32,000. EverSource Wealth Advisors LLC increased its stake in shares of HF Sinclair by 53.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company's stock valued at $33,000 after buying an additional 327 shares in the last quarter. Millburn Ridgefield Corp bought a new position in shares of HF Sinclair in the third quarter valued at about $50,000. Finally, Transamerica Financial Advisors Inc. acquired a new position in HF Sinclair during the 3rd quarter worth about $59,000. Institutional investors and hedge funds own 88.29% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on DINO. Morgan Stanley lowered their price objective on shares of HF Sinclair from $51.00 to $50.00 and set an "overweight" rating for the company in a research report on Friday, March 14th. Piper Sandler set a $46.00 price objective on HF Sinclair in a research report on Friday, March 7th. TD Cowen dropped their target price on HF Sinclair from $43.00 to $35.00 and set a "hold" rating for the company in a research report on Wednesday, December 18th. Mizuho decreased their price target on HF Sinclair from $50.00 to $45.00 and set a "neutral" rating on the stock in a report on Monday, December 16th. Finally, Barclays dropped their price objective on HF Sinclair from $37.00 to $35.00 and set an "equal weight" rating for the company in a report on Friday, March 14th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $47.00.

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Insider Buying and Selling

In other HF Sinclair news, Director Franklin Myers bought 5,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was acquired at an average cost of $35.66 per share, with a total value of $178,300.00. Following the purchase, the director now owns 154,065 shares in the company, valued at $5,493,957.90. This trade represents a 3.35 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.28% of the stock is currently owned by company insiders.

HF Sinclair Trading Up 1.5 %

Shares of HF Sinclair stock traded up $0.49 during trading on Friday, hitting $33.76. 247,649 shares of the company were exchanged, compared to its average volume of 3,288,993. 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 market capitalization of $6.36 billion, a P/E ratio of 41.15 and a beta of 1.13. The firm's fifty day moving average price is $35.10 and its 200 day moving average price is $38.91. HF Sinclair Co. has a 1-year low of $29.85 and a 1-year high of $64.16.

HF Sinclair (NYSE:DINO - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.91) by ($0.11). The firm had revenue of $6.50 billion for the quarter, compared to analyst estimates of $6.56 billion. HF Sinclair had a net margin of 0.62% and a return on equity of 1.98%. As a group, sell-side analysts expect that HF Sinclair Co. will post 2.39 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.92%. The ex-dividend date of this dividend was Thursday, March 6th. HF Sinclair's dividend payout ratio is currently 243.90%.

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.