Choreo LLC Sells 7,065 Shares of HF Sinclair Co. (NYSE:DINO)

Choreo LLC reduced its stake in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 40.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,252 shares of the company's stock after selling 7,065 shares during the period. Choreo LLC's holdings in HF Sinclair were worth $359,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of HF Sinclair by 21.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 122,630 shares of the company's stock worth $4,198,000 after purchasing an additional 21,859 shares during the period. Stratos Wealth Partners LTD. increased its stake in shares of HF Sinclair by 16.1% in the fourth quarter. Stratos Wealth Partners LTD. now owns 28,741 shares of the company's stock worth $1,007,000 after purchasing an additional 3,981 shares during the period. Paragon Capital Management Inc. increased its stake in shares of HF Sinclair by 24.9% in the fourth quarter. Paragon Capital Management Inc. now owns 44,084 shares of the company's stock worth $1,545,000 after purchasing an additional 8,800 shares during the period. abrdn plc increased its stake in shares of HF Sinclair by 16.5% in the fourth quarter. abrdn plc now owns 7,781 shares of the company's stock worth $271,000 after purchasing an additional 1,102 shares during the period. Finally, McAdam LLC bought a new position in shares of HF Sinclair in the fourth quarter worth about $201,000. 88.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Barclays dropped their price objective on HF Sinclair from $42.00 to $37.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Mizuho dropped their price objective on HF Sinclair from $50.00 to $45.00 and set a "neutral" rating on the stock in a research note on Monday, December 16th. Wells Fargo & Company downgraded HF Sinclair from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $53.00 to $45.00 in a research report on Monday, December 9th. UBS Group decreased their target price on HF Sinclair from $58.00 to $55.00 and set a "buy" rating on the stock in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. decreased their target price on HF Sinclair from $51.00 to $50.00 and set a "neutral" rating on the stock in a research report on Tuesday, December 10th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $51.00.

HF Sinclair Price Performance

NYSE DINO traded up $1.12 during trading on Friday, reaching $38.02. 3,668,241 shares of the company traded hands, compared to its average volume of 2,593,447. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81. The stock's 50 day moving average price is $36.08 and its two-hundred day moving average price is $41.61. The company has a market cap of $7.15 billion, a price-to-earnings ratio of 23.47 and a beta of 1.22. HF Sinclair Co. has a 1-year low of $33.47 and a 1-year high of $64.16.

Insider Buying and Selling at HF Sinclair

In other HF Sinclair news, CFO Atanas H. Atanasov bought 7,000 shares of HF Sinclair stock in a transaction dated Thursday, December 12th. The shares were acquired at an average cost of $37.96 per share, with a total value of $265,720.00. Following the acquisition, the chief financial officer now directly owns 71,927 shares of the company's stock, valued at $2,730,348.92. The trade was a 10.78 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.28% of the company's stock.

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.