Manning & Napier Advisors LLC Has $1.13 Million Stock Position in HF Sinclair Co. (NYSE:DINO)

Manning & Napier Advisors LLC trimmed its position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 37.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,287 shares of the company's stock after selling 19,118 shares during the period. Manning & Napier Advisors LLC's holdings in HF Sinclair were worth $1,132,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. lifted its stake in shares of HF Sinclair by 8.1% during the 3rd quarter. Pacer Advisors Inc. now owns 8,411,694 shares of the company's stock worth $374,909,000 after buying an additional 626,755 shares during the last quarter. AustralianSuper Pty Ltd boosted its holdings in shares of HF Sinclair by 11.7% during the third quarter. AustralianSuper Pty Ltd now owns 1,678,196 shares of the company's stock worth $74,797,000 after acquiring an additional 175,925 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of HF Sinclair by 3.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,894,833 shares of the company's stock valued at $218,163,000 after purchasing an additional 165,313 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of HF Sinclair by 21.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 861,710 shares of the company's stock worth $38,406,000 after purchasing an additional 153,148 shares during the period. Finally, FMR LLC lifted its holdings in HF Sinclair by 13.8% during the 3rd quarter. FMR LLC now owns 1,167,209 shares of the company's stock worth $52,023,000 after purchasing an additional 141,472 shares during the last quarter. 88.29% of the stock is owned by institutional investors.

Insider Activity at HF Sinclair

In other HF Sinclair news, CFO Atanas H. Atanasov acquired 7,000 shares of HF Sinclair stock in a transaction that occurred on Thursday, December 12th. The shares were bought 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 directly owns 71,927 shares in the company, valued at $2,730,348.92. This trade represents a 10.78 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 0.28% of the stock is currently owned by company insiders.

HF Sinclair Price Performance

NYSE:DINO traded down $0.71 during trading hours on Friday, hitting $35.58. The company's stock had a trading volume of 211,520 shares, compared to its average volume of 2,198,070. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The company has a market capitalization of $6.69 billion, a P/E ratio of 21.94 and a beta of 1.22. HF Sinclair Co. has a twelve month low of $33.47 and a twelve month high of $64.16. The stock has a fifty day simple moving average of $36.93 and a 200-day simple moving average of $42.59.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.19. The company had revenue of $7.21 billion for the quarter, compared to analyst estimates of $7.11 billion. HF Sinclair had a net margin of 1.10% and a return on equity of 5.51%. The firm's revenue was down 19.1% on a year-over-year basis. During the same period in the previous year, the firm posted $4.06 EPS. On average, analysts anticipate that HF Sinclair Co. will post 1.34 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on DINO. JPMorgan Chase & Co. lowered their price objective on HF Sinclair from $51.00 to $50.00 and set a "neutral" rating on the stock in a research report on Tuesday, December 10th. UBS Group dropped their price objective on shares of 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 decreased 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. Scotiabank cut their price target on HF Sinclair from $66.00 to $57.00 and set a "sector outperform" rating for the company in a research note on Thursday, October 10th. Finally, Mizuho lowered their price objective on HF Sinclair from $50.00 to $45.00 and set a "neutral" rating on the stock in a research note on Monday, December 16th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price 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.