Thompson Siegel & Walmsley LLC Raises Position in HF Sinclair Co. (NYSE:DINO)

Thompson Siegel & Walmsley LLC lifted its holdings in HF Sinclair Co. (NYSE:DINO - Free Report) by 114.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,114,575 shares of the company's stock after purchasing an additional 1,126,825 shares during the quarter. HF Sinclair accounts for about 1.2% of Thompson Siegel & Walmsley LLC's investment portfolio, making the stock its 21st biggest holding. Thompson Siegel & Walmsley LLC owned 1.12% of HF Sinclair worth $74,116,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of DINO. Janney Montgomery Scott LLC increased its position in HF Sinclair by 9.4% during the third quarter. Janney Montgomery Scott LLC now owns 37,088 shares of the company's stock valued at $1,653,000 after acquiring an additional 3,193 shares during the last quarter. CWA Asset Management Group LLC purchased a new stake in HF Sinclair during the third quarter valued at $273,000. Assetmark Inc. increased its position in HF Sinclair by 2.3% during the third quarter. Assetmark Inc. now owns 99,683 shares of the company's stock valued at $4,443,000 after acquiring an additional 2,287 shares during the last quarter. Sigma Planning Corp increased its position in HF Sinclair by 15.4% during the third quarter. Sigma Planning Corp now owns 6,309 shares of the company's stock valued at $281,000 after acquiring an additional 844 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in HF Sinclair by 3.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 324,560 shares of the company's stock valued at $14,466,000 after acquiring an additional 9,899 shares during the last quarter. Hedge funds and other institutional investors own 88.29% of the company's stock.

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Insider Activity at HF Sinclair

In other news, CFO Atanas H. Atanasov purchased 5,000 shares of the company's stock in a transaction that occurred on Thursday, December 19th. The stock was bought at an average cost of $33.77 per share, with a total value of $168,850.00. Following the completion of the purchase, the chief financial officer now owns 78,927 shares in the company, valued at approximately $2,665,364.79. This represents a 6.76 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last three months, insiders bought 10,635 shares of company stock valued at $367,140. Insiders own 0.28% of the company's stock.

HF Sinclair Price Performance

Shares of NYSE DINO traded up $1.16 during mid-day trading on Monday, reaching $33.52. The company's stock had a trading volume of 2,841,607 shares, compared to its average volume of 2,131,112. The firm has a market capitalization of $6.31 billion, a PE ratio of 40.87 and a beta of 1.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The stock has a fifty day moving average of $35.50 and a two-hundred day moving average of $39.68. HF Sinclair Co. has a 52 week low of $29.85 and a 52 week high of $64.16.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($1.02) EPS for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $6.56 billion. As a group, sell-side analysts anticipate that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date of this dividend is Thursday, March 6th. HF Sinclair's payout ratio is presently 243.90%.

Analyst Ratings Changes

A number of analysts recently commented on the company. Morgan Stanley reduced their price objective on HF Sinclair from $51.00 to $50.00 and set an "overweight" rating for the company in a research report on Friday. TD Cowen reduced their price target on HF Sinclair from $43.00 to $35.00 and set a "hold" rating for the company in a research report on Wednesday, December 18th. Piper Sandler set a $46.00 price target on HF Sinclair in a research report on Friday, March 7th. Barclays reduced their price target on HF Sinclair from $37.00 to $35.00 and set an "equal weight" rating for the company in a research report on Friday. Finally, JPMorgan Chase & Co. reduced their price target on HF Sinclair from $51.00 to $50.00 and set a "neutral" rating for the company in a research report on Tuesday, December 10th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $47.10.

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.