HF Sinclair Co. (NYSE:DINO) Shares Sold by Empowered Funds LLC

Empowered Funds LLC decreased its holdings in HF Sinclair Co. (NYSE:DINO - Free Report) by 39.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 75,501 shares of the company's stock after selling 48,603 shares during the quarter. Empowered Funds LLC's holdings in HF Sinclair were worth $2,646,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new position in HF Sinclair in the 3rd quarter worth about $27,000. Sugar Maple Asset Management LLC purchased a new stake in HF Sinclair during the 4th quarter worth approximately $27,000. Millburn Ridgefield Corp purchased a new stake in HF Sinclair during the 3rd quarter worth approximately $50,000. Coastline Trust Co purchased a new stake in HF Sinclair during the 3rd quarter worth approximately $55,000. Finally, Transamerica Financial Advisors Inc. purchased a new stake in HF Sinclair during the 3rd quarter worth approximately $59,000. Institutional investors and hedge funds own 88.29% of the company's stock.

HF Sinclair Trading Up 3.0 %

HF Sinclair stock traded up $1.12 during mid-day trading on Monday, hitting $38.02. The company's stock had a trading volume of 3,668,241 shares, compared to its average volume of 2,593,447. The firm has a market capitalization of $7.15 billion, a PE 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. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The stock's fifty day moving average is $36.08 and its two-hundred day moving average is $41.54.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

Several research firms have commented on DINO. Wells Fargo & Company lowered HF Sinclair from an "overweight" rating to an "equal weight" rating and cut their price objective for the stock from $53.00 to $45.00 in a research note on Monday, December 9th. UBS Group cut their price objective on HF Sinclair from $58.00 to $55.00 and set a "buy" rating for the company in a research note on Monday, November 4th. Mizuho cut their price objective on HF Sinclair from $50.00 to $45.00 and set a "neutral" rating for the company in a research note on Monday, December 16th. JPMorgan Chase & Co. cut their price objective on HF Sinclair from $51.00 to $50.00 and set a "neutral" rating for the company in a research note on Tuesday, December 10th. Finally, Barclays cut their price objective on HF Sinclair from $42.00 to $37.00 and set an "equal weight" rating for the company in a research note on Monday, January 13th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $51.00.

HF Sinclair 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.