HF Sinclair Co. (NYSE:DINO) Shares Acquired by Kestra Investment Management LLC

Kestra Investment Management LLC lifted its position in HF Sinclair Co. (NYSE:DINO - Free Report) by 157.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,747 shares of the company's stock after acquiring an additional 7,179 shares during the quarter. Kestra Investment Management LLC's holdings in HF Sinclair were worth $412,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DINO. Wealth Enhancement Advisory Services LLC lifted its holdings in HF Sinclair by 2.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,091 shares of the company's stock valued at $669,000 after buying an additional 367 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its holdings in HF Sinclair by 0.6% during the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 64,275 shares of the company's stock valued at $2,253,000 after buying an additional 390 shares in the last quarter. Signaturefd LLC lifted its holdings in HF Sinclair by 10.1% during the 3rd quarter. Signaturefd LLC now owns 4,275 shares of the company's stock valued at $191,000 after buying an additional 392 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in HF Sinclair by 68.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company's stock valued at $48,000 after buying an additional 558 shares in the last quarter. Finally, Mediolanum International Funds Ltd lifted its holdings in HF Sinclair by 4.8% during the 3rd quarter. Mediolanum International Funds Ltd now owns 12,798 shares of the company's stock valued at $579,000 after buying an additional 591 shares in the last quarter. Institutional investors own 88.29% of the company's stock.

HF Sinclair Stock Down 2.0 %

Shares of HF Sinclair stock traded down $0.74 on Friday, reaching $36.69. The stock had a trading volume of 1,811,023 shares, compared to its average volume of 2,659,407. The company has a 50 day moving average price of $36.01 and a 200 day moving average price of $41.34. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. HF Sinclair Co. has a 1 year low of $33.47 and a 1 year high of $64.16. The stock has a market capitalization of $6.90 billion, a P/E ratio of 22.69 and a beta of 1.22.

HF Sinclair (NYSE:DINO - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share for the quarter, missing the consensus estimate of ($0.91) by ($0.11). The company had revenue of $6.50 billion for the quarter, compared to analysts' expectations of $6.56 billion. HF Sinclair had a return on equity of 5.51% and a net margin of 1.10%. As a group, equities research analysts forecast that HF Sinclair Co. will post 1.34 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Atanas H. Atanasov bought 5,000 shares of the company's stock in a transaction on Thursday, December 19th. The shares were bought at an average price 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 in the company, valued at approximately $2,665,364.79. This trade represents a 6.76 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.28% of the stock is owned by insiders.

Wall Street Analyst Weigh In

DINO has been the subject of several recent research reports. Barclays reduced 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 report on Monday, January 13th. JPMorgan Chase & Co. reduced their price target on shares of HF Sinclair from $51.00 to $50.00 and set a "neutral" rating for the company in a report on Tuesday, December 10th. TD Cowen reduced their price target on shares of HF Sinclair from $43.00 to $35.00 and set a "hold" rating for the company in a report on Wednesday, December 18th. 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 report on Monday, December 9th. Finally, Mizuho reduced their price target on shares of HF Sinclair from $50.00 to $45.00 and set a "neutral" rating for the company in a report on Monday, December 16th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $51.00.

HF Sinclair Company 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.