HF Sinclair Co. (NYSE:DINO) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its stake in HF Sinclair Co. (NYSE:DINO - Free Report) by 42.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 274,805 shares of the company's stock after purchasing an additional 81,344 shares during the period. Robeco Institutional Asset Management B.V. owned 0.14% of HF Sinclair worth $12,248,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of DINO. Matrix Trust Co increased its position in HF Sinclair by 122.4% during the 3rd quarter. Matrix Trust Co now owns 576 shares of the company's stock valued at $26,000 after buying an additional 317 shares in the last quarter. Innealta Capital LLC purchased a new stake in HF Sinclair during the 2nd quarter valued at about $34,000. Massmutual Trust Co. FSB ADV raised its holdings in HF Sinclair by 82.2% in the third quarter. Massmutual Trust Co. FSB ADV now owns 820 shares of the company's stock worth $37,000 after buying an additional 370 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of HF Sinclair by 201.0% in the first quarter. Bessemer Group Inc. now owns 1,171 shares of the company's stock worth $71,000 after buying an additional 782 shares in the last quarter. Finally, Abich Financial Wealth Management LLC grew its holdings in shares of HF Sinclair by 15,200.0% during the second quarter. Abich Financial Wealth Management LLC now owns 1,377 shares of the company's stock valued at $73,000 after buying an additional 1,368 shares during the last quarter. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Scotiabank reduced their price objective on HF Sinclair from $66.00 to $57.00 and set a "sector outperform" rating for the company in a report on Thursday, October 10th. Morgan Stanley lowered their price objective on shares of HF Sinclair from $63.00 to $57.00 and set an "overweight" rating on the stock in a research report on Monday, September 16th. Piper Sandler cut their target price on shares of HF Sinclair from $58.00 to $49.00 and set an "overweight" rating for the company in a research report on Friday, September 20th. Mizuho lowered their price target on HF Sinclair from $53.00 to $50.00 and set a "neutral" rating on the stock in a report on Thursday, October 10th. Finally, Wolfe Research started coverage on HF Sinclair in a report on Thursday, July 18th. They issued a "peer perform" rating for the company. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $54.45.

HF Sinclair Trading Down 1.9 %

NYSE DINO traded down $0.80 on Thursday, hitting $41.49. 1,313,603 shares of the stock were exchanged, compared to its average volume of 2,039,589. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81. The stock has a fifty day moving average price of $44.65 and a two-hundred day moving average price of $49.48. HF Sinclair Co. has a 52-week low of $38.25 and a 52-week high of $64.16. The firm has a market capitalization of $7.81 billion, a P/E ratio of 25.64 and a beta of 1.18.

HF Sinclair (NYSE:DINO - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.19. The business had revenue of $7.21 billion for the quarter, compared to the consensus estimate of $7.11 billion. HF Sinclair had a net margin of 1.10% and a return on equity of 5.51%. The company's revenue for the quarter was down 19.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.06 EPS. Research analysts forecast that HF Sinclair Co. will post 2.34 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Thursday, November 21st will be given a $0.50 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $2.00 annualized dividend and a dividend yield of 4.82%. HF Sinclair's payout ratio is presently 123.46%.

Insider Activity

In related news, Director Franklin Myers purchased 5,000 shares of the business's stock in a transaction dated Friday, November 1st. The shares were acquired at an average cost of $38.76 per share, for a total transaction of $193,800.00. Following the acquisition, the director now owns 145,293 shares of the company's stock, valued at $5,631,556.68. The trade was a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.28% of the company's stock.

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.