HF Sinclair Co. (NYSE:DINO) Shares Bought by Paragon Capital Management Inc.

Paragon Capital Management Inc. increased its holdings in HF Sinclair Co. (NYSE:DINO - Free Report) by 24.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,084 shares of the company's stock after purchasing an additional 8,800 shares during the period. Paragon Capital Management Inc.'s holdings in HF Sinclair were worth $1,545,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Matrix Trust Co increased its stake in HF Sinclair by 122.4% in the 3rd quarter. Matrix Trust Co now owns 576 shares of the company's stock worth $26,000 after acquiring an additional 317 shares during the last quarter. Capital Performance Advisors LLP bought a new position in shares of HF Sinclair during the 3rd quarter valued at approximately $27,000. Sugar Maple Asset Management LLC bought a new position in shares of HF Sinclair during the 4th quarter valued at approximately $27,000. MassMutual Private Wealth & Trust FSB increased its position in shares of 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 purchasing an additional 558 shares during the last quarter. Finally, Millburn Ridgefield Corp bought a new position in shares of HF Sinclair during the 3rd quarter valued at approximately $50,000. 88.29% of the stock is owned by hedge funds and other institutional investors.

HF Sinclair Stock Down 1.1 %

Shares of DINO stock traded down $0.41 during mid-day trading on Friday, hitting $36.27. The stock had a trading volume of 1,870,908 shares, compared to its average volume of 2,593,447. HF Sinclair Co. has a 12-month low of $33.47 and a 12-month high of $64.16. The firm has a market capitalization of $6.82 billion, a P/E ratio of 22.39 and a beta of 1.22. The firm's 50-day moving average is $36.35 and its two-hundred day moving average is $42.10. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90.

Analyst Ratings Changes

Several equities analysts have recently weighed in on DINO shares. Barclays cut their target price on HF Sinclair from $42.00 to $37.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. Mizuho cut their target price on HF Sinclair from $50.00 to $45.00 and set a "neutral" rating on the stock in a research report on Monday, December 16th. Wells Fargo & Company downgraded HF Sinclair from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $53.00 to $45.00 in a research report on Monday, December 9th. TD Cowen cut their price objective on HF Sinclair from $43.00 to $35.00 and set a "hold" rating on the stock in a research report on Wednesday, December 18th. Finally, JPMorgan Chase & Co. cut 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. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $51.00.

Insiders Place Their Bets

In related news, CFO Atanas H. Atanasov acquired 7,000 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The stock was purchased at an average cost of $37.96 per share, for a total transaction of $265,720.00. Following the purchase, the chief financial officer now directly owns 71,927 shares of the company's stock, 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 can be accessed through this link. Company insiders own 0.28% of the company's stock.

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.