Mirae Asset Global Investments Co. Ltd. Boosts Holdings in HF Sinclair Co. (NYSE:DINO)

Mirae Asset Global Investments Co. Ltd. boosted its position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 21.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 122,630 shares of the company's stock after acquiring an additional 21,859 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.07% of HF Sinclair worth $4,198,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DINO. Cubist Systematic Strategies LLC acquired a new position in HF Sinclair during the 2nd quarter valued at approximately $2,921,000. CWM LLC increased its stake in HF Sinclair by 43.5% during the 3rd quarter. CWM LLC now owns 14,625 shares of the company's stock valued at $652,000 after purchasing an additional 4,434 shares in the last quarter. Juncture Wealth Strategies LLC increased its stake in HF Sinclair by 116.6% during the 3rd quarter. Juncture Wealth Strategies LLC now owns 8,939 shares of the company's stock valued at $398,000 after purchasing an additional 4,812 shares in the last quarter. Viking Fund Management LLC acquired a new position in HF Sinclair during the 3rd quarter valued at approximately $1,337,000. Finally, CX Institutional acquired a new position in HF Sinclair during the 3rd quarter valued at approximately $4,139,000. Hedge funds and other institutional investors own 88.29% of the company's stock.

HF Sinclair Stock Performance

NYSE DINO traded down $1.79 during mid-day trading on Wednesday, reaching $35.99. 3,087,689 shares of the stock were exchanged, compared to its average volume of 2,545,610. The business's 50 day moving average is $36.22 and its 200-day moving average is $41.83. HF Sinclair Co. has a 1 year low of $33.47 and a 1 year high of $64.16. The company has a market capitalization of $6.77 billion, a P/E ratio of 22.22 and a beta of 1.22. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81.

Analyst Ratings Changes

A number of research analysts have issued reports on DINO shares. Mizuho cut their price target on shares of HF Sinclair from $50.00 to $45.00 and set a "neutral" rating on the stock in a research note on Monday, December 16th. Wells Fargo & Company lowered shares of HF Sinclair from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $53.00 to $45.00 in a research note on Monday, December 9th. TD Cowen cut their price target 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 cut their price target on shares of HF Sinclair from $42.00 to $37.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their price objective on shares of HF Sinclair from $51.00 to $50.00 and set a "neutral" rating on the stock in a research note on Tuesday, December 10th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, HF Sinclair currently has a consensus rating of "Hold" and a consensus target price of $51.00.

Insider Buying and Selling

In other news, CFO Atanas H. Atanasov purchased 5,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were purchased at an average cost of $33.77 per share, with a total value of $168,850.00. Following the completion of the acquisition, the chief financial officer now owns 78,927 shares of the company's stock, valued at approximately $2,665,364.79. This represents a 6.76 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.28% of the stock is currently owned by insiders.

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.