HF Sinclair Co. (NYSE:DINO) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC cut its holdings in HF Sinclair Co. (NYSE:DINO - Free Report) by 70.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,224 shares of the company's stock after selling 41,738 shares during the quarter. Sanctuary Advisors LLC's holdings in HF Sinclair were worth $625,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in DINO. Capital Performance Advisors LLP bought a new stake in shares of HF Sinclair during the 3rd quarter valued at about $27,000. Sugar Maple Asset Management LLC bought a new position in shares of HF Sinclair in the fourth quarter worth approximately $27,000. 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 buying an additional 558 shares in the last quarter. Millburn Ridgefield Corp bought a new stake in HF Sinclair during the third quarter valued at about $50,000. Finally, Coastline Trust Co bought a new stake in HF Sinclair during the 3rd quarter valued at approximately $55,000. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on DINO shares. Mizuho cut their price objective 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. JPMorgan Chase & Co. cut their price target on HF Sinclair from $51.00 to $50.00 and set a "neutral" rating for the company in a report on Tuesday, December 10th. UBS Group reduced their price objective on HF Sinclair from $58.00 to $55.00 and set a "buy" rating on the stock in a research note on Monday, November 4th. Barclays lowered their target price on HF Sinclair from $42.00 to $37.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Finally, TD Cowen reduced 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 report on Wednesday, December 18th. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, HF Sinclair presently has a consensus rating of "Hold" and a consensus target price of $51.00.

HF Sinclair Trading Down 2.8 %

HF Sinclair stock traded down $0.93 during midday trading on Tuesday, reaching $32.14. The stock had a trading volume of 2,351,674 shares, compared to its average volume of 3,048,036. The company has a fifty day moving average of $36.06 and a 200 day moving average of $40.71. The firm has a market cap of $6.06 billion, a price-to-earnings ratio of 39.22 and a beta of 1.22. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. HF Sinclair Co. has a 52-week low of $31.27 and a 52-week high of $64.16.

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

HF Sinclair Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 6.22%. The ex-dividend date of this dividend is Thursday, March 6th. HF Sinclair's payout ratio is 243.90%.

Insider Activity

In other HF Sinclair news, Director Franklin Myers purchased 5,000 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were acquired at an average price of $35.66 per share, for a total transaction of $178,300.00. Following the completion of the purchase, the director now owns 154,065 shares of the company's stock, valued at approximately $5,493,957.90. The trade was a 3.35 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Atanas H. Atanasov bought 7,000 shares of the company's stock in a transaction on Thursday, December 12th. The shares were bought at an average cost of $37.96 per share, for a total transaction of $265,720.00. Following the transaction, the chief financial officer now owns 71,927 shares in the company, valued at $2,730,348.92. The trade was a 10.78 % increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 17,000 shares of company stock worth $612,870. 0.28% of the stock is currently owned by company 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.