HF Sinclair Co. (NYSE:DINO) Director Purchases $19,989.80 in Stock

HF Sinclair Co. (NYSE:DINO - Get Free Report) Director Manuel J. Fernandez bought 635 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average price of $31.48 per share, with a total value of $19,989.80. Following the transaction, the director now directly owns 14,235 shares in the company, valued at $448,117.80. This represents a 4.67 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

HF Sinclair Trading Up 1.7 %

DINO stock traded up $0.55 during mid-day trading on Friday, reaching $32.19. 3,891,302 shares of the stock traded hands, compared to its average volume of 3,261,871. 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 Co. has a 52-week low of $29.85 and a 52-week high of $64.16. The company has a market cap of $6.07 billion, a P/E ratio of 39.26 and a beta of 1.13. The stock's fifty day moving average is $35.85 and its 200-day moving average is $40.30.

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

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HF Sinclair Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date is Thursday, March 6th. HF Sinclair's dividend payout ratio (DPR) is 243.90%.

Analyst Ratings Changes

DINO has been the subject of a number of recent analyst reports. Piper Sandler reiterated an "overweight" rating and issued a $49.00 target price on shares of HF Sinclair in a research report on Friday. JPMorgan Chase & Co. reduced their price objective on shares of HF Sinclair from $51.00 to $50.00 and set a "neutral" rating for the company in a research report on Tuesday, December 10th. Wells Fargo & Company lowered shares of HF Sinclair from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $53.00 to $45.00 in a research report on Monday, December 9th. Barclays reduced their price objective on shares of HF Sinclair from $42.00 to $37.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Finally, TD Cowen reduced their price objective on shares of HF Sinclair from $43.00 to $35.00 and set a "hold" rating for the company in a research report on Wednesday, December 18th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $51.00.

Institutional Trading of HF Sinclair

A number of hedge funds have recently made changes to their positions in DINO. Private Advisor Group LLC purchased a new stake in shares of HF Sinclair in the third quarter worth approximately $344,000. State of Alaska Department of Revenue lifted its position in shares of HF Sinclair by 13.2% in the third quarter. State of Alaska Department of Revenue now owns 21,716 shares of the company's stock worth $967,000 after purchasing an additional 2,535 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of HF Sinclair by 9.4% in the third quarter. Janney Montgomery Scott LLC now owns 37,088 shares of the company's stock worth $1,653,000 after purchasing an additional 3,193 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of HF Sinclair by 42.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 274,805 shares of the company's stock worth $12,248,000 after purchasing an additional 81,344 shares in the last quarter. Finally, River Road Asset Management LLC lifted its position in shares of HF Sinclair by 3.4% in the third quarter. River Road Asset Management LLC now owns 769,847 shares of the company's stock worth $34,312,000 after purchasing an additional 25,041 shares in the last quarter. 88.29% of the stock is owned by hedge funds and other institutional investors.

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.