Jones Financial Companies Lllp Has $1.34 Million Holdings in HF Sinclair Co. (NYSE:DINO)

Jones Financial Companies Lllp increased its position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 83.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,198 shares of the company's stock after purchasing an additional 17,404 shares during the quarter. Jones Financial Companies Lllp's holdings in HF Sinclair were worth $1,339,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the business. Capital Performance Advisors LLP purchased a new stake in shares of HF Sinclair during 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. MassMutual Private Wealth & Trust FSB raised its holdings in HF Sinclair by 68.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company's stock valued at $48,000 after acquiring an additional 558 shares in the last quarter. Millburn Ridgefield Corp bought a new position in shares of HF Sinclair during the third quarter worth about $50,000. Finally, Coastline Trust Co bought a new position in HF Sinclair during the 3rd quarter worth approximately $55,000. 88.29% of the stock is owned by hedge funds and other institutional investors.

HF Sinclair Stock Down 1.0 %

HF Sinclair stock traded down $0.32 during midday trading on Tuesday, reaching $31.26. The stock had a trading volume of 3,634,839 shares, compared to its average volume of 3,279,244. The stock has a market capitalization of $5.89 billion, a P/E ratio of 38.13 and a beta of 1.13. The firm's fifty day simple moving average is $35.80 and its 200-day simple moving average is $40.14. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81. HF Sinclair Co. has a 1-year low of $29.85 and a 1-year high of $64.16.

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

HF Sinclair Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $2.00 annualized dividend and a yield of 6.40%. HF Sinclair's payout ratio is presently 243.90%.

Analyst Ratings Changes

DINO has been the subject of a number of recent research reports. Wells Fargo & Company lowered HF Sinclair from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $53.00 to $45.00 in a research report on Monday, December 9th. Piper Sandler set a $46.00 price target on shares of HF Sinclair in a report on Friday. TD Cowen dropped their price target on HF Sinclair from $43.00 to $35.00 and set a "hold" rating on the stock in a research note on Wednesday, December 18th. Mizuho lowered their price target on HF Sinclair from $50.00 to $45.00 and set a "neutral" rating on the stock in a report on Monday, December 16th. Finally, Barclays cut their target price 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. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $50.73.

Insider Activity at HF Sinclair

In other HF Sinclair news, Director Franklin Myers bought 5,000 shares of HF Sinclair stock in a transaction dated Wednesday, February 26th. The stock was bought at an average cost of $35.66 per share, for a total transaction of $178,300.00. Following the purchase, the director now owns 154,065 shares of the company's stock, valued at $5,493,957.90. The trade was a 3.35 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Atanas H. Atanasov purchased 7,000 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average price of $37.96 per share, for a total transaction of $265,720.00. Following the purchase, the chief financial officer now owns 71,927 shares in the company, valued at $2,730,348.92. This trade represents a 10.78 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 17,635 shares of company stock valued at $632,860. 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.