Janney Montgomery Scott LLC Buys 31,719 Shares of HF Sinclair Co. (NYSE:DINO)

Janney Montgomery Scott LLC boosted its stake in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 85.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,807 shares of the company's stock after acquiring an additional 31,719 shares during the quarter. Janney Montgomery Scott LLC's holdings in HF Sinclair were worth $2,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. The Manufacturers Life Insurance Company raised its stake in shares of HF Sinclair by 6.7% during the second quarter. The Manufacturers Life Insurance Company now owns 146,163 shares of the company's stock valued at $7,796,000 after acquiring an additional 9,189 shares during the last quarter. Creative Planning increased its holdings in HF Sinclair by 41.2% during the 2nd quarter. Creative Planning now owns 47,419 shares of the company's stock valued at $2,529,000 after purchasing an additional 13,837 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in HF Sinclair by 18.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 29,706 shares of the company's stock valued at $1,584,000 after purchasing an additional 4,627 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in HF Sinclair in the 2nd quarter worth approximately $3,523,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of HF Sinclair in the 2nd quarter worth approximately $2,921,000. 88.29% of the stock is currently owned by institutional investors.

Insider Activity at HF Sinclair

In other HF Sinclair news, CFO Atanas H. Atanasov acquired 5,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were acquired at an average cost of $33.77 per share, with a total value of $168,850.00. Following the transaction, the chief financial officer now owns 78,927 shares of the company's stock, valued at $2,665,364.79. The trade was a 6.76 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.28% of the stock is currently owned by insiders.

HF Sinclair Stock Up 0.2 %

Shares of NYSE DINO traded up $0.07 during trading on Wednesday, reaching $38.03. The company had a trading volume of 2,988,707 shares, compared to its average volume of 2,567,318. HF Sinclair Co. has a 12-month low of $33.47 and a 12-month high of $64.16. 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 business's 50-day moving average is $36.59 and its 200 day moving average is $42.25. The stock has a market cap of $7.15 billion, a PE ratio of 23.47 and a beta of 1.22.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. UBS Group dropped their price target on HF Sinclair from $58.00 to $55.00 and set a "buy" rating for the company in a research note on Monday, November 4th. TD Cowen cut 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 note on Wednesday, December 18th. Barclays decreased their price target on shares of HF Sinclair from $42.00 to $37.00 and set an "equal weight" rating for the company in a research note on Monday, January 13th. Mizuho cut their price objective on HF Sinclair from $50.00 to $45.00 and set a "neutral" rating on the stock in a research report on Monday, December 16th. Finally, Wells Fargo & Company cut HF Sinclair from an "overweight" rating to an "equal weight" rating and lowered their target price for the company from $53.00 to $45.00 in a research note on Monday, December 9th. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently 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.