Vest Financial LLC Boosts Holdings in HF Sinclair Co. (NYSE:DINO)

Vest Financial LLC grew its position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 125.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 72,798 shares of the company's stock after acquiring an additional 40,479 shares during the period. Vest Financial LLC's holdings in HF Sinclair were worth $2,552,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of HF Sinclair by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 849,117 shares of the company's stock worth $37,845,000 after buying an additional 33,373 shares during the last quarter. Aigen Investment Management LP purchased a new stake in shares of HF Sinclair in the 3rd quarter worth approximately $1,253,000. Blue Trust Inc. boosted its stake in HF Sinclair by 57.9% during the 4th quarter. Blue Trust Inc. now owns 7,244 shares of the company's stock valued at $254,000 after purchasing an additional 2,655 shares during the last quarter. Merit Financial Group LLC purchased a new stake in HF Sinclair during the 4th quarter valued at $263,000. Finally, Pine Valley Investments Ltd Liability Co purchased a new stake in HF Sinclair during the 3rd quarter valued at $5,927,000. Hedge funds and other institutional investors own 88.29% of the company's stock.

Analysts Set New Price Targets

DINO has been the topic of several recent analyst reports. Barclays cut their target price on HF Sinclair from $42.00 to $37.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. JPMorgan Chase & Co. cut their target price on HF Sinclair from $51.00 to $50.00 and set a "neutral" rating on the stock in a research note on Tuesday, December 10th. Mizuho lowered their price target on HF Sinclair from $50.00 to $45.00 and set a "neutral" rating on the stock in a report on Monday, December 16th. 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. Finally, UBS Group lowered their price target on HF Sinclair from $58.00 to $55.00 and set a "buy" rating on the stock in a report on Monday, November 4th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $51.00.

Insider Buying and Selling at HF Sinclair

In other news, CFO Atanas H. Atanasov acquired 5,000 shares of the business's stock in a transaction dated Thursday, December 19th. The stock was purchased at an average price of $33.77 per share, for a total transaction of $168,850.00. Following the completion of the transaction, the chief financial officer now directly owns 78,927 shares in the company, valued at approximately $2,665,364.79. This trade represents a 6.76 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.28% of the company's stock.

HF Sinclair Price Performance

NYSE:DINO traded down $1.79 on Wednesday, reaching $35.99. 3,087,689 shares of the company's stock traded hands, compared to its average volume of 2,545,610. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. The stock has a 50-day simple moving average of $36.22 and a 200-day simple moving average of $41.83. The firm has a market cap of $6.77 billion, a PE ratio of 22.22 and a beta of 1.22. HF Sinclair Co. has a 12 month low of $33.47 and a 12 month high of $64.16.

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.