Thompson Siegel & Walmsley LLC Acquires 101,586 Shares of HF Sinclair Co. (NYSE:DINO)

Thompson Siegel & Walmsley LLC increased its stake in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 11.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 987,750 shares of the company's stock after acquiring an additional 101,586 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.52% of HF Sinclair worth $44,024,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC grew its position in HF Sinclair by 11.1% during the third quarter. V Square Quantitative Management LLC now owns 2,262 shares of the company's stock worth $101,000 after buying an additional 226 shares in the last quarter. Empirical Finance LLC raised its stake in shares of HF Sinclair by 1.2% in the second quarter. Empirical Finance LLC now owns 19,300 shares of the company's stock valued at $1,029,000 after purchasing an additional 228 shares in the last quarter. Fifth Third Bancorp boosted its stake in HF Sinclair by 6.7% during the second quarter. Fifth Third Bancorp now owns 4,258 shares of the company's stock worth $227,000 after buying an additional 267 shares in the last quarter. Matrix Trust Co increased its holdings in HF Sinclair by 122.4% in 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 during the period. Finally, iA Global Asset Management Inc. raised its stake in shares of HF Sinclair by 7.5% in the 2nd quarter. iA Global Asset Management Inc. now owns 4,882 shares of the company's stock valued at $260,000 after buying an additional 342 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Franklin Myers purchased 5,000 shares of the stock in a transaction on Friday, November 1st. The shares were purchased at an average price of $38.76 per share, with a total value of $193,800.00. Following the transaction, the director now directly owns 145,293 shares of the company's stock, valued at $5,631,556.68. This trade represents a 3.56 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.28% of the stock is owned by corporate insiders.

HF Sinclair Stock Performance

Shares of DINO opened at $42.36 on Thursday. The firm has a market cap of $7.97 billion, a P/E ratio of 26.15 and a beta of 1.18. HF Sinclair Co. has a twelve month low of $38.25 and a twelve month high of $64.16. 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 firm's 50 day moving average price is $43.74 and its two-hundred day moving average price is $48.51.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.19. The firm had revenue of $7.21 billion during the quarter, compared to analyst estimates 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 business earned $4.06 EPS. On average, analysts forecast that HF Sinclair Co. will post 2.39 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 paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $2.00 annualized dividend and a dividend yield of 4.72%. HF Sinclair's dividend payout ratio is currently 123.46%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on DINO shares. Scotiabank dropped their target price 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 reduced their price target 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. Barclays reduced their target price on HF Sinclair from $44.00 to $42.00 and set an "equal weight" rating on the stock in a report on Monday, November 11th. BMO Capital Markets reduced their price objective on HF Sinclair from $57.00 to $53.00 and set an "outperform" rating on the stock in a research note on Friday, October 4th. Finally, UBS Group cut their price target on HF Sinclair from $58.00 to $55.00 and set a "buy" rating for the company in a report on Monday, November 4th. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $54.27.

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.

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