14,664 Shares in HF Sinclair Co. (NYSE:DINO) Bought by World Investment Advisors LLC

World Investment Advisors LLC purchased a new position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,664 shares of the company's stock, valued at approximately $654,000.

Other institutional investors also recently added to or reduced their stakes in the company. Matrix Trust Co grew its holdings in shares of HF Sinclair by 122.4% in the 3rd quarter. Matrix Trust Co now owns 576 shares of the company's stock worth $26,000 after purchasing an additional 317 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in HF Sinclair in the third quarter valued at about $27,000. Innealta Capital LLC bought a new stake in HF Sinclair during the second quarter worth about $34,000. Massmutual Trust Co. FSB ADV increased its holdings in shares of HF Sinclair by 82.2% during 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 in the last quarter. Finally, Millburn Ridgefield Corp acquired a new stake in shares of HF Sinclair during the third quarter worth approximately $50,000. 88.29% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at HF Sinclair

In other news, CFO Atanas H. Atanasov acquired 7,000 shares of HF Sinclair stock in a transaction that occurred on Thursday, December 12th. The shares were acquired at an average price of $37.96 per share, with a total value of $265,720.00. Following the purchase, the chief financial officer now directly owns 71,927 shares of the company's stock, valued at $2,730,348.92. The trade was a 10.78 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Franklin Myers bought 5,000 shares of the stock in a transaction on Friday, November 1st. The stock was purchased at an average cost of $38.76 per share, with a total value of $193,800.00. Following the purchase, the director now directly owns 145,293 shares of the company's stock, valued at approximately $5,631,556.68. This represents a 3.56 % increase in their position. The disclosure for this purchase can be found here. 0.28% of the stock is owned by corporate insiders.

HF Sinclair Trading Up 0.4 %

HF Sinclair stock traded up $0.16 during trading hours on Tuesday, reaching $35.76. 3,279,775 shares of the company's stock traded hands, compared to its average volume of 2,006,914. The firm has a market capitalization of $6.73 billion, a price-to-earnings ratio of 21.98 and a beta of 1.20. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81. HF Sinclair Co. has a fifty-two week low of $35.33 and a fifty-two week high of $64.16. The firm's 50 day moving average is $41.69 and its 200-day moving average is $46.40.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.19. HF Sinclair had a net margin of 1.10% and a return on equity of 5.51%. The business had revenue of $7.21 billion for the quarter, compared to analyst estimates of $7.11 billion. During the same period in the prior year, the business posted $4.06 earnings per share. HF Sinclair's revenue was down 19.1% compared to the same quarter last year. On average, analysts predict that HF Sinclair Co. will post 2.27 earnings per share for the current year.

HF Sinclair Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Thursday, November 21st were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date of this dividend was Thursday, November 21st. HF Sinclair's dividend payout ratio (DPR) is currently 123.46%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on DINO. Wells Fargo & Company downgraded HF Sinclair from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $53.00 to $45.00 in a report on Monday, December 9th. Morgan Stanley reduced their price objective on HF Sinclair from $63.00 to $57.00 and set an "overweight" rating on the stock in a research note on Monday, September 16th. BMO Capital Markets lowered their target price on HF Sinclair from $57.00 to $53.00 and set an "outperform" rating for the company in a research note on Friday, October 4th. Mizuho reduced their price target on shares of HF Sinclair from $50.00 to $45.00 and set a "neutral" rating on the stock in a research report on Monday. Finally, Barclays lowered their price objective on shares of HF Sinclair from $44.00 to $42.00 and set an "equal weight" rating for the company in a research report on Monday, November 11th. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $53.00.

HF Sinclair 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.