AMF Tjanstepension AB Has $2.31 Million Stock Position in HF Sinclair Co. (NYSE:DINO)

AMF Tjanstepension AB decreased its stake in HF Sinclair Co. (NYSE:DINO - Free Report) by 69.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,851 shares of the company's stock after selling 147,436 shares during the quarter. AMF Tjanstepension AB's holdings in HF Sinclair were worth $2,313,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Capital Performance Advisors LLP bought a new stake in HF Sinclair during the 3rd quarter worth approximately $27,000. Sugar Maple Asset Management LLC acquired a new position in HF Sinclair in the fourth quarter worth $27,000. Millburn Ridgefield Corp acquired a new position in HF Sinclair in the third quarter worth $50,000. Coastline Trust Co acquired a new stake in shares of HF Sinclair in the third quarter valued at $55,000. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of HF Sinclair in the third quarter valued at $59,000. 88.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other HF Sinclair news, CFO Atanas H. Atanasov purchased 5,000 shares of the firm's stock in a transaction dated Thursday, December 19th. The stock was bought at an average cost of $33.77 per share, with a total value of $168,850.00. Following the purchase, the chief financial officer now directly owns 78,927 shares of the company's stock, valued at $2,665,364.79. The trade was a 6.76 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have purchased a total of 17,635 shares of company stock worth $632,860 over the last ninety days. Company insiders own 0.28% of the company's stock.

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Analyst Ratings Changes

Several brokerages recently issued reports on DINO. TD Cowen reduced their price target on shares of HF Sinclair from $43.00 to $35.00 and set a "hold" rating on the stock in a research report on Wednesday, December 18th. JPMorgan Chase & Co. decreased their price target on shares of HF Sinclair from $51.00 to $50.00 and set a "neutral" rating on the stock in a research note on Tuesday, December 10th. Wells Fargo & Company lowered shares of HF Sinclair from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $53.00 to $45.00 in a report on Monday, December 9th. Piper Sandler set a $46.00 price objective on HF Sinclair in a research report on Friday, March 7th. Finally, Barclays dropped their target price on 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 investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $50.73.

HF Sinclair Trading Down 0.2 %

Shares of NYSE:DINO traded down $0.08 during mid-day trading on Wednesday, reaching $31.17. The stock had a trading volume of 2,687,529 shares, compared to its average volume of 3,269,384. The firm has a 50 day simple moving average of $35.72 and a two-hundred day simple moving average of $40.02. HF Sinclair Co. has a twelve month low of $29.85 and a twelve month high of $64.16. The firm has a market cap of $5.87 billion, a PE ratio of 38.01 and a beta of 1.13. 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 (NYSE:DINO - Get Free Report) last released 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). The firm had revenue of $6.50 billion during the quarter, compared to the consensus estimate of $6.56 billion. HF Sinclair had a net margin of 0.62% and a return on equity of 1.98%. On average, research analysts predict that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 6.42%. The ex-dividend date is Thursday, March 6th. HF Sinclair's dividend payout ratio is 243.90%.

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.