23,378 Shares in HF Sinclair Co. (NYSE:DINO) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 23,378 shares of the company's stock, valued at approximately $819,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its position in shares of 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 acquiring an additional 367 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. boosted its position in shares of HF Sinclair by 0.6% in 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 purchasing an additional 390 shares during the period. IFP Advisors Inc boosted its position in shares of HF Sinclair by 33.4% in the 4th quarter. IFP Advisors Inc now owns 1,666 shares of the company's stock valued at $58,000 after purchasing an additional 417 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in HF Sinclair by 68.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company's stock worth $48,000 after purchasing an additional 558 shares in the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new stake in HF Sinclair during the 4th quarter worth about $27,000. Institutional investors and hedge funds own 88.29% of the company's stock.

Insider Transactions at HF Sinclair

In other HF Sinclair news, Director Franklin Myers acquired 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average cost of $35.66 per share, for a total transaction of $178,300.00. Following the completion of the acquisition, the director now 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 document filed with the SEC, which can be accessed through the SEC website. 0.28% of the stock is currently owned by company insiders.

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Analyst Ratings Changes

Several research firms have recently weighed in on DINO. JPMorgan Chase & Co. dropped their target price on shares of HF Sinclair from $51.00 to $50.00 and set a "neutral" rating on the stock in a research report on Tuesday, December 10th. Wells Fargo & Company raised their price objective on shares of HF Sinclair from $42.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Friday, March 21st. Piper Sandler set a $46.00 target price on shares of HF Sinclair in a research note on Friday, March 7th. Mizuho decreased their target price on HF Sinclair from $50.00 to $45.00 and set a "neutral" rating for the company in a research report on Monday, December 16th. Finally, TD Cowen lowered their price target on HF Sinclair from $43.00 to $35.00 and set a "hold" rating on the stock in a report on Wednesday, December 18th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, HF Sinclair has an average rating of "Hold" and an average price target of $47.00.

HF Sinclair Stock Up 1.0 %

NYSE DINO traded up $0.35 on Wednesday, reaching $33.53. The stock had a trading volume of 2,341,267 shares, compared to its average volume of 2,200,026. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. 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 moving average price of $35.24 and a 200 day moving average price of $38.99. The company has a market capitalization of $6.32 billion, a price-to-earnings ratio of 40.88 and a beta of 1.13.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.91) by ($0.11). HF Sinclair had a net margin of 0.62% and a return on equity of 1.98%. The firm had revenue of $6.50 billion for the quarter, compared to analyst estimates of $6.56 billion. On average, analysts forecast that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 5.97%. The ex-dividend date was Thursday, March 6th. HF Sinclair's dividend payout ratio is 243.90%.

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.