Bfsg LLC Has $287,000 Holdings in HF Sinclair Co. (NYSE:DINO)

Bfsg LLC reduced its holdings in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 80.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,194 shares of the company's stock after selling 33,537 shares during the period. Bfsg LLC's holdings in HF Sinclair were worth $287,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in DINO. Creative Planning boosted its position in HF Sinclair by 20.1% in the third quarter. Creative Planning now owns 56,938 shares of the company's stock valued at $2,538,000 after buying an additional 9,519 shares in the last quarter. Blue Trust Inc. boosted its position in HF Sinclair by 48.4% in the third quarter. Blue Trust Inc. now owns 4,589 shares of the company's stock valued at $205,000 after buying an additional 1,497 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in HF Sinclair by 43.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 35,304 shares of the company's stock valued at $1,573,000 after buying an additional 10,750 shares in the last quarter. Whittier Trust Co. boosted its position in HF Sinclair by 4.6% in the third quarter. Whittier Trust Co. now owns 181,966 shares of the company's stock valued at $8,108,000 after buying an additional 8,027 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in HF Sinclair by 3.1% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 96,052 shares of the company's stock valued at $4,280,000 after buying an additional 2,888 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at HF Sinclair

In other news, CFO Atanas H. Atanasov bought 7,000 shares of the stock in a transaction on Thursday, December 12th. The stock was purchased at an average price of $37.96 per share, with a total value of $265,720.00. Following the completion of the purchase, the chief financial officer now owns 71,927 shares of the company's stock, valued at approximately $2,730,348.92. This trade represents a 10.78 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.28% of the company's stock.

HF Sinclair Trading Down 3.0 %

Shares of DINO traded down $1.12 on Friday, reaching $36.32. 3,752,329 shares of the company's stock were exchanged, compared to its average volume of 2,719,395. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $6.83 billion, a P/E ratio of 22.42 and a beta of 1.22. The business has a 50 day moving average price of $36.01 and a two-hundred day moving average price of $41.34. HF Sinclair Co. has a 12 month low of $33.47 and a 12 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 for the quarter, missing analysts' consensus estimates of ($0.91) by ($0.11). The business had revenue of $6.50 billion for the quarter, compared to the consensus estimate of $6.56 billion. HF Sinclair had a return on equity of 5.51% and a net margin of 1.10%. Research analysts anticipate that HF Sinclair Co. will post 1.34 earnings per share for the current year.

HF Sinclair Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 5.51%. The ex-dividend date of this dividend is Thursday, March 6th. HF Sinclair's payout ratio is presently 123.46%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on DINO shares. JPMorgan Chase & Co. reduced 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 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 target for the company from $53.00 to $45.00 in a research report on Monday, December 9th. Mizuho reduced their price target on shares of HF Sinclair from $50.00 to $45.00 and set a "neutral" rating on the stock in a research report on Monday, December 16th. Barclays reduced their target price 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. Finally, TD Cowen reduced their target price 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. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $51.00.

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.