HF Sinclair Co. (NYSE:DINO) Shares Purchased by Jump Financial LLC

Jump Financial LLC lifted its position in HF Sinclair Co. (NYSE:DINO - Free Report) by 35.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 183,281 shares of the company's stock after buying an additional 48,275 shares during the period. Jump Financial LLC owned approximately 0.10% of HF Sinclair worth $6,424,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Sugar Maple Asset Management LLC acquired a new position in shares of HF Sinclair during the fourth quarter worth $27,000. Lee Danner & Bass Inc. purchased a new stake in HF Sinclair in the fourth quarter valued at about $32,000. EverSource Wealth Advisors LLC boosted its holdings in HF Sinclair by 53.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company's stock worth $33,000 after acquiring an additional 327 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of HF Sinclair by 68.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company's stock worth $48,000 after acquiring an additional 558 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of HF Sinclair by 33.4% during the fourth quarter. IFP Advisors Inc now owns 1,666 shares of the company's stock valued at $58,000 after acquiring an additional 417 shares in the last quarter. Hedge funds and other institutional investors own 88.29% of the company's stock.

Insider Activity at HF Sinclair

In related news, Director Franklin Myers acquired 5,000 shares of the firm's stock in a transaction on Wednesday, February 26th. The shares were acquired at an average cost of $35.66 per share, with a total value of $178,300.00. Following the completion of the acquisition, the director now directly owns 154,065 shares in the company, valued at approximately $5,493,957.90. This trade represents a 3.35 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.28% of the stock is owned by corporate insiders.

HF Sinclair Stock Performance

DINO traded down $0.52 on Monday, reaching $28.51. The stock had a trading volume of 381,334 shares, compared to its average volume of 2,380,052. The business's 50-day moving average price is $32.35 and its two-hundred day moving average price is $36.78. 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 Co. has a 12-month low of $24.66 and a 12-month high of $58.73. The company has a market cap of $5.37 billion, a P/E ratio of 34.77 and a beta of 1.00.

HF Sinclair (NYSE:DINO - Get Free Report) last released 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 during the quarter, compared to analyst estimates of $6.56 billion. HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. Sell-side analysts forecast that HF Sinclair Co. will post 2.39 earnings per share for the current year.

HF Sinclair Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, March 6th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.02%. HF Sinclair's dividend payout ratio (DPR) is 243.90%.

Analysts Set New Price Targets

DINO has been the subject of a number of recent analyst reports. Barclays lowered their target price on shares of HF Sinclair from $35.00 to $29.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Morgan Stanley dropped their price objective on shares of HF Sinclair from $51.00 to $50.00 and set an "overweight" rating on the stock in a report on Friday, March 14th. Piper Sandler set a $46.00 target price on HF Sinclair in a research note on Friday, March 7th. Wells Fargo & Company boosted their price target on HF Sinclair from $42.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, March 21st. Finally, Scotiabank cut their price objective on HF Sinclair from $51.00 to $49.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, HF Sinclair presently has an average rating of "Hold" and a consensus price target of $45.10.

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.