Aware Super Pty Ltd as trustee of Aware Super Invests $16.83 Million in HF Sinclair Co. (NYSE:DINO)

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 480,116 shares of the company's stock, valued at approximately $16,828,000. Aware Super Pty Ltd as trustee of Aware Super owned about 0.26% of HF Sinclair at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Morse Asset Management Inc acquired a new stake in shares of HF Sinclair during the 3rd quarter worth approximately $1,560,000. Quantinno Capital Management LP increased its position in HF Sinclair by 75.2% in the 3rd quarter. Quantinno Capital Management LP now owns 9,657 shares of the company's stock valued at $430,000 after acquiring an additional 4,144 shares during the period. Orion Portfolio Solutions LLC raised its position in HF Sinclair by 31.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 24,876 shares of the company's stock worth $1,109,000 after purchasing an additional 5,911 shares during the last quarter. Toronto Dominion Bank increased its stake in shares of HF Sinclair by 16.1% in the third quarter. Toronto Dominion Bank now owns 20,461 shares of the company's stock valued at $912,000 after buying an additional 2,837 shares during the period. Finally, TD Private Client Wealth LLC increased its position in HF Sinclair by 51.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 3,938 shares of the company's stock valued at $176,000 after purchasing an additional 1,331 shares during the period. 88.29% of the stock is currently owned by institutional investors and hedge funds.

HF Sinclair Price Performance

Shares of HF Sinclair stock traded up $1.24 during trading on Friday, hitting $29.02. The stock had a trading volume of 2,412,394 shares, compared to its average volume of 2,383,165. The business's 50-day moving average is $32.53 and its 200 day moving average is $37.02. HF Sinclair Co. has a 12 month low of $24.66 and a 12 month high of $58.73. The firm has a market cap of $5.47 billion, a price-to-earnings ratio of 35.39 and a beta of 1.00. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share for the quarter, missing analysts' consensus estimates of ($0.91) by ($0.11). The company had revenue of $6.50 billion during the quarter, compared to analysts' expectations 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 anticipate that HF Sinclair Co. will post 2.39 earnings per share for the current year.

HF Sinclair Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 6.89%. The ex-dividend date of this dividend was Thursday, March 6th. HF Sinclair's dividend payout ratio (DPR) is currently 243.90%.

Insiders Place Their Bets

In other HF Sinclair news, Director Franklin Myers bought 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The stock was bought at an average price of $35.66 per share, for a total transaction of $178,300.00. Following the completion of the acquisition, the director now directly owns 154,065 shares in the company, valued at $5,493,957.90. The trade was a 3.35 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.28% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on DINO. Scotiabank lowered their price objective on shares of HF Sinclair from $51.00 to $49.00 and set a "sector outperform" rating for the company in a research note on Friday, April 11th. Mizuho lowered their price target on HF Sinclair from $45.00 to $40.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Barclays dropped their target price on shares of HF Sinclair from $35.00 to $29.00 and set an "equal weight" rating on the stock in a research report on Wednesday. Morgan Stanley decreased their price objective on shares of HF Sinclair from $51.00 to $50.00 and set an "overweight" rating for the company in a report on Friday, March 14th. Finally, Piper Sandler set a $46.00 price target on shares of HF Sinclair in a report on Friday, March 7th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $45.10.

About HF Sinclair

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.