HF Sinclair Co. (NYSE:DINO) Shares Sold by Barclays PLC

Barclays PLC reduced its position in HF Sinclair Co. (NYSE:DINO - Free Report) by 27.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 905,504 shares of the company's stock after selling 334,724 shares during the quarter. Barclays PLC owned 0.48% of HF Sinclair worth $31,738,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Sugar Maple Asset Management LLC purchased a new position in shares of HF Sinclair in the fourth quarter valued at about $27,000. Lee Danner & Bass Inc. purchased a new position in HF Sinclair during the fourth quarter valued at $32,000. EverSource Wealth Advisors LLC raised its position in shares of HF Sinclair by 53.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company's stock worth $33,000 after purchasing an additional 327 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in HF Sinclair by 68.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company's stock worth $48,000 after purchasing an additional 558 shares in the last quarter. Finally, IFP Advisors Inc grew its position in HF Sinclair by 33.4% during the 4th quarter. IFP Advisors Inc now owns 1,666 shares of the company's stock valued at $58,000 after purchasing an additional 417 shares during the last quarter. 88.29% of the stock is owned by hedge funds and other institutional investors.

HF Sinclair Price Performance

NYSE DINO traded up $0.32 during trading hours on Thursday, hitting $30.35. 552,742 shares of the company's stock traded hands, compared to its average volume of 2,385,158. 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's 50-day moving average is $31.92 and its 200-day moving average is $36.57. HF Sinclair Co. has a 52-week low of $24.66 and a 52-week high of $58.73. The company has a market capitalization of $5.72 billion, a PE ratio of 36.96 and a beta of 1.00.

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

HF Sinclair Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were given a $0.50 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $2.00 dividend on an annualized basis and a yield of 6.59%. HF Sinclair's dividend payout ratio is currently 243.90%.

Insider Activity

In related news, Director Franklin Myers acquired 5,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average price of $35.66 per share, with a total value of $178,300.00. Following the transaction, the director now owns 154,065 shares of the company's stock, valued at approximately $5,493,957.90. This trade represents a 3.35 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.28% of the company's stock.

Wall Street Analyst Weigh In

DINO has been the subject of a number of research reports. Wells Fargo & Company boosted their target price on shares of HF Sinclair from $42.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, March 21st. Barclays cut their price target on HF Sinclair from $35.00 to $29.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Piper Sandler set a $46.00 target price on shares of HF Sinclair in a research report on Friday, March 7th. Mizuho dropped their price target on HF Sinclair from $45.00 to $40.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Finally, Morgan Stanley dropped their price target on HF Sinclair from $51.00 to $50.00 and set an "overweight" rating for the company in a research report on Friday, March 14th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $45.10.

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.