HF Sinclair Co. (NYSE:DINO) Shares Sold by XTX Topco Ltd

XTX Topco Ltd cut its holdings in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 52.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,566 shares of the company's stock after selling 32,694 shares during the quarter. XTX Topco Ltd's holdings in HF Sinclair were worth $1,036,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sugar Maple Asset Management LLC acquired a new stake in shares of HF Sinclair in the fourth quarter valued at $27,000. Lee Danner & Bass Inc. purchased a new stake in shares of HF Sinclair during the fourth quarter worth approximately $32,000. EverSource Wealth Advisors LLC lifted its stake in HF Sinclair by 53.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company's stock worth $33,000 after acquiring an additional 327 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in HF Sinclair by 68.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company's stock worth $48,000 after acquiring an additional 558 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in shares of HF Sinclair by 33.4% in the 4th quarter. IFP Advisors Inc now owns 1,666 shares of the company's stock valued at $58,000 after purchasing an additional 417 shares in the last quarter. Hedge funds and other institutional investors own 88.29% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DINO. Morgan Stanley dropped their target price on HF Sinclair from $51.00 to $50.00 and set an "overweight" rating on the stock in a report on Friday, March 14th. Scotiabank lowered their price target on HF Sinclair from $51.00 to $49.00 and set a "sector outperform" rating for the company in a report on Friday, April 11th. Piper Sandler set a $46.00 price objective on shares of HF Sinclair in a research report on Friday, March 7th. Barclays dropped their price objective on HF Sinclair from $35.00 to $29.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Finally, Wells Fargo & Company raised their price target on HF Sinclair from $42.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Friday, March 21st. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $45.10.

Insider Transactions at HF Sinclair

In related news, Director Franklin Myers purchased 5,000 shares of the company's stock in a transaction on Wednesday, February 26th. The stock was bought at an average price of $35.66 per share, with a total value of $178,300.00. Following the completion of the transaction, the director now owns 154,065 shares of the company's stock, valued at approximately $5,493,957.90. This represents a 3.35 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.28% of the company's stock.

HF Sinclair Price Performance

Shares of NYSE:DINO traded down $0.49 during trading on Monday, hitting $28.54. 305,886 shares of the stock were exchanged, compared to its average volume of 2,379,865. HF Sinclair Co. has a 12-month low of $24.66 and a 12-month high of $58.73. The company has a market cap of $5.38 billion, a PE ratio of 34.80 and a beta of 1.00. The company has a fifty day moving average price of $32.35 and a two-hundred day moving average price of $36.78. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24.

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

HF Sinclair Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were given a $0.50 dividend. The ex-dividend date was Thursday, March 6th. This represents a $2.00 annualized dividend and a dividend yield of 7.01%. HF Sinclair's dividend payout ratio is presently 243.90%.

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.