Janus Henderson Group PLC Acquires 32,951 Shares of HF Sinclair Co. (NYSE:DINO)

Janus Henderson Group PLC raised its position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 4.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 706,799 shares of the company's stock after buying an additional 32,951 shares during the period. Janus Henderson Group PLC owned about 0.38% of HF Sinclair worth $31,502,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Matrix Trust Co lifted its position in shares of HF Sinclair by 122.4% during the third quarter. Matrix Trust Co now owns 576 shares of the company's stock worth $26,000 after purchasing an additional 317 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in HF Sinclair during the 3rd quarter worth $27,000. Innealta Capital LLC bought a new position in HF Sinclair in the 2nd quarter valued at $34,000. Massmutual Trust Co. FSB ADV increased its stake in shares of HF Sinclair by 82.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 820 shares of the company's stock valued at $37,000 after buying an additional 370 shares during the period. Finally, Coastline Trust Co bought a new stake in shares of HF Sinclair during the third quarter worth $55,000. Institutional investors own 88.29% of the company's stock.

HF Sinclair Stock Down 1.6 %

NYSE:DINO traded down $0.63 during trading hours on Friday, reaching $38.91. 1,729,492 shares of the stock were exchanged, compared to its average volume of 1,508,317. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. HF Sinclair Co. has a twelve month low of $38.25 and a twelve month high of $64.16. The stock has a market cap of $7.32 billion, a PE ratio of 24.02 and a beta of 1.20. The firm has a 50 day moving average of $42.75 and a 200 day moving average of $47.38.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.32 by $0.19. HF Sinclair had a net margin of 1.10% and a return on equity of 5.51%. The business had revenue of $7.21 billion during the quarter, compared to analysts' expectations of $7.11 billion. During the same quarter in the prior year, the company posted $4.06 earnings per share. The firm's revenue was down 19.1% on a year-over-year basis. On average, equities analysts expect that HF Sinclair Co. will post 2.31 earnings per share for the current year.

HF Sinclair Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Thursday, November 21st were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $2.00 annualized dividend and a yield of 5.14%. HF Sinclair's dividend payout ratio (DPR) is presently 123.46%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Mizuho cut their target price on shares of HF Sinclair from $53.00 to $50.00 and set a "neutral" rating on the stock in a research report on Thursday, October 10th. Barclays reduced their price objective on shares of HF Sinclair from $44.00 to $42.00 and set an "equal weight" rating on the stock in a research note on Monday, November 11th. JPMorgan Chase & Co. dropped their target price on shares of HF Sinclair from $60.00 to $51.00 and set a "neutral" rating for the company in a research report on Wednesday, October 2nd. Piper Sandler dropped their price objective on HF Sinclair from $58.00 to $49.00 and set an "overweight" rating for the company in a report on Friday, September 20th. Finally, UBS Group dropped their price objective on HF Sinclair from $58.00 to $55.00 and set a "buy" rating on the stock in a research note on Monday, November 4th. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, HF Sinclair presently has a consensus rating of "Moderate Buy" and an average price target of $54.27.

Insider Buying and Selling at HF Sinclair

In other news, Director Franklin Myers purchased 5,000 shares of the business's stock in a transaction on Friday, November 1st. The stock was purchased at an average price of $38.76 per share, for a total transaction of $193,800.00. Following the completion of the purchase, the director now directly owns 145,293 shares in the company, valued at $5,631,556.68. The trade was a 3.56 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.28% of the company's stock.

About HF Sinclair

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.