HF Sinclair Co. (NYSE:DINO) Receives Consensus Recommendation of "Hold" from Analysts

HF Sinclair Co. (NYSE:DINO - Get Free Report) has received an average rating of "Hold" from the thirteen ratings firms that are currently covering the company, Marketbeat reports. Seven equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $51.00.

A number of equities research analysts have recently commented on the stock. UBS Group dropped their price objective on shares of HF Sinclair from $58.00 to $55.00 and set a "buy" rating on the stock in a research note on Monday, November 4th. Barclays dropped their price target on shares of HF Sinclair from $42.00 to $37.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. JPMorgan Chase & Co. decreased 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. TD Cowen dropped their target price on HF Sinclair from $43.00 to $35.00 and set a "hold" rating on the stock in a research report on Wednesday, December 18th. Finally, Mizuho reduced their price target on HF Sinclair from $50.00 to $45.00 and set a "neutral" rating for the company in a report on Monday, December 16th.

HF Sinclair Stock Performance

HF Sinclair stock traded down $0.41 during midday trading on Tuesday, hitting $36.27. 1,870,908 shares of the company were exchanged, compared to its average volume of 2,562,680. The business has a fifty day simple moving average of $36.45 and a two-hundred day simple moving average of $42.18. 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 firm has a market capitalization of $6.82 billion, a PE ratio of 22.39 and a beta of 1.22. HF Sinclair has a fifty-two week low of $33.47 and a fifty-two week high of $64.16.

Insider Buying and Selling at HF Sinclair

In other news, CFO Atanas H. Atanasov acquired 7,000 shares of the business's stock in a transaction that occurred on Thursday, December 12th. The shares were purchased at an average price of $37.96 per share, for a total transaction of $265,720.00. Following the acquisition, the chief financial officer now owns 71,927 shares of the company's stock, valued at $2,730,348.92. This represents a 10.78 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.28% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Matrix Trust Co lifted its holdings in HF Sinclair by 122.4% during the 3rd quarter. Matrix Trust Co now owns 576 shares of the company's stock worth $26,000 after buying an additional 317 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of HF Sinclair in the third quarter valued at $27,000. Sugar Maple Asset Management LLC purchased a new position in HF Sinclair in the fourth quarter valued at $27,000. Massmutual Trust Co. FSB ADV grew its stake in HF Sinclair by 82.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 820 shares of the company's stock worth $37,000 after purchasing an additional 370 shares in the last quarter. Finally, Millburn Ridgefield Corp purchased a new stake in HF Sinclair during the 3rd quarter worth about $50,000. Hedge funds and other institutional investors own 88.29% 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.