Natixis Advisors LLC Buys 7,569 Shares of HF Sinclair Co. (NYSE:DINO)

Natixis Advisors LLC raised its position in HF Sinclair Co. (NYSE:DINO - Free Report) by 15.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,953 shares of the company's stock after purchasing an additional 7,569 shares during the quarter. Natixis Advisors LLC's holdings in HF Sinclair were worth $1,996,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC grew its position in HF Sinclair by 17.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 30,937 shares of the company's stock valued at $1,084,000 after purchasing an additional 4,643 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its holdings in shares of HF Sinclair by 114.1% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,114,575 shares of the company's stock valued at $74,116,000 after acquiring an additional 1,126,825 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of HF Sinclair in the fourth quarter valued at about $3,001,000. EverSource Wealth Advisors LLC increased its position in shares of HF Sinclair by 53.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company's stock valued at $33,000 after acquiring an additional 327 shares during the last quarter. Finally, River Road Asset Management LLC raised its holdings in HF Sinclair by 0.7% during the fourth quarter. River Road Asset Management LLC now owns 775,282 shares of the company's stock worth $27,174,000 after acquiring an additional 5,435 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors.

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HF Sinclair Stock Performance

DINO stock traded down $0.20 during mid-day trading on Friday, hitting $33.07. 2,078,761 shares of the company were exchanged, compared to its average volume of 2,275,162. HF Sinclair Co. has a 1-year low of $29.85 and a 1-year high of $64.16. The business has a 50 day simple moving average of $35.10 and a 200-day simple moving average of $38.91. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $6.23 billion, a PE ratio of 40.33 and a beta of 1.13.

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 the consensus estimate of ($0.91) by ($0.11). HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. The firm had revenue of $6.50 billion for the quarter, compared to analyst estimates of $6.56 billion. On average, equities analysts forecast that HF Sinclair Co. will post 2.39 earnings per share for the current year.

HF Sinclair Dividend Announcement

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 $0.50 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.05%. HF Sinclair's payout ratio is presently 243.90%.

Insider Activity at HF Sinclair

In other HF Sinclair news, Director Franklin Myers acquired 5,000 shares of the business's stock in a transaction on Wednesday, February 26th. The stock was purchased at an average price of $35.66 per share, with a total value of $178,300.00. Following the acquisition, the director now directly owns 154,065 shares of the company's stock, valued at approximately $5,493,957.90. This trade represents a 3.35 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have weighed in on DINO. JPMorgan Chase & Co. lowered their price target 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. Piper Sandler set a $46.00 target price on shares of HF Sinclair in a report on Friday, March 7th. Barclays cut their price target on shares of HF Sinclair from $37.00 to $35.00 and set an "equal weight" rating for the company in a research note on Friday, March 14th. Mizuho lowered their price objective 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. Finally, Morgan Stanley cut their target price on shares of HF Sinclair from $51.00 to $50.00 and set an "overweight" rating for the company in a research note on Friday, March 14th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $47.00.

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.