HF Sinclair Co. (NYSE:DINO) Holdings Lifted by Virtu Financial LLC

Virtu Financial LLC grew its stake in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 237.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,536 shares of the company's stock after buying an additional 15,855 shares during the period. Virtu Financial LLC's holdings in HF Sinclair were worth $790,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sugar Maple Asset Management LLC purchased a new stake in HF Sinclair during the fourth quarter valued at about $27,000. Lee Danner & Bass Inc. acquired a new position in shares of HF Sinclair in the 4th quarter valued at about $32,000. EverSource Wealth Advisors LLC grew its holdings in shares of HF Sinclair by 53.9% during 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 period. MassMutual Private Wealth & Trust FSB increased its position in HF Sinclair by 68.0% during 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, Millburn Ridgefield Corp purchased a new position in HF Sinclair in the third quarter valued at approximately $50,000. 88.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at HF Sinclair

In other HF Sinclair news, Director Franklin Myers acquired 5,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was acquired at an average price of $35.66 per share, with a total value of $178,300.00. Following the transaction, the director now directly owns 154,065 shares in the company, valued at approximately $5,493,957.90. This represents a 3.35 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.28% of the stock is owned by corporate insiders.

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Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Mizuho dropped their price objective on shares of HF Sinclair from $50.00 to $45.00 and set a "neutral" rating for the company in a research report on Monday, December 16th. Barclays lowered their price target on HF Sinclair from $37.00 to $35.00 and set an "equal weight" rating for the company in a report on Friday, March 14th. JPMorgan Chase & Co. decreased their target price on 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 raised their target price on HF Sinclair from $42.00 to $44.00 and gave the company an "equal weight" rating in a report on Friday, March 21st. Finally, TD Cowen decreased their price target on HF Sinclair from $43.00 to $35.00 and set a "hold" rating for the company in a report on Wednesday, December 18th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $47.00.

HF Sinclair Stock Down 0.6 %

Shares of DINO traded down $0.20 during trading on Friday, reaching $33.07. The company's stock had a trading volume of 2,078,761 shares, compared to its average volume of 2,274,413. The company has a market cap of $6.23 billion, a price-to-earnings ratio of 40.33 and a beta of 1.13. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. The company has a fifty day moving average of $35.10 and a two-hundred day moving average of $38.91. HF Sinclair Co. has a twelve month low of $29.85 and a twelve month high of $64.16.

HF Sinclair (NYSE:DINO - Get Free Report) last posted its quarterly 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 analyst estimates of $6.56 billion. On average, sell-side analysts predict that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were paid 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 6.05%. HF Sinclair's dividend payout ratio (DPR) is 243.90%.

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.