Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Has $431,000 Stock Holdings in HF Sinclair Co. (NYSE:DINO)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. decreased its holdings in HF Sinclair Co. (NYSE:DINOGet Rating) by 15.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,996 shares of the company’s stock after selling 1,407 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in HF Sinclair were worth $431,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of DINO. Vanguard Group Inc. acquired a new stake in HF Sinclair in the 1st quarter worth about $566,029,000. BlackRock Inc. acquired a new stake in HF Sinclair in the 1st quarter worth about $539,533,000. State Street Corp acquired a new stake in HF Sinclair in the 1st quarter worth about $308,240,000. Invesco Ltd. bought a new position in HF Sinclair in the 1st quarter valued at about $102,959,000. Finally, First Trust Advisors LP bought a new position in HF Sinclair in the 1st quarter valued at about $81,253,000. Institutional investors and hedge funds own 87.69% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Cowen raised their target price on shares of HF Sinclair from $60.00 to $68.00 in a report on Tuesday, November 8th. Morgan Stanley raised their target price on shares of HF Sinclair from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Tuesday, November 8th. Piper Sandler decreased their target price on shares of HF Sinclair from $86.00 to $75.00 and set an “overweight” rating on the stock in a report on Monday, December 19th. Mizuho raised shares of HF Sinclair from a “neutral” rating to a “buy” rating and raised their target price for the company from $40.00 to $68.00 in a report on Tuesday, January 10th. Finally, Cowen raised their target price on shares of HF Sinclair to $68.00 in a report on Tuesday, November 15th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $63.50.

Insider Buying and Selling

In related news, Director James H. Lee sold 4,180 shares of HF Sinclair stock in a transaction that occurred on Friday, December 23rd. The shares were sold at an average price of $50.64, for a total transaction of $211,675.20. Following the sale, the director now directly owns 57,101 shares in the company, valued at approximately $2,891,594.64. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director James H. Lee sold 4,180 shares of the business’s stock in a transaction that occurred on Friday, December 23rd. The shares were sold at an average price of $50.64, for a total value of $211,675.20. Following the transaction, the director now owns 57,101 shares in the company, valued at approximately $2,891,594.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Carol Orme Holding sold 5,000,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 14th. The stock was sold at an average price of $48.20, for a total transaction of $241,000,000.00. Following the completion of the transaction, the insider now owns 40,822,762 shares in the company, valued at approximately $1,967,657,128.40. The disclosure for this sale can be found here. Insiders have sold a total of 5,052,355 shares of company stock worth $244,263,484 in the last ninety days. Company insiders own 0.35% of the company’s stock.

HF Sinclair Trading Up 3.7 %

Shares of HF Sinclair stock opened at $56.93 on Monday. The firm’s 50 day moving average is $54.86 and its 200 day moving average is $53.56. The company has a current ratio of 2.11, a quick ratio of 1.05 and a debt-to-equity ratio of 0.34. HF Sinclair Co. has a 1 year low of $29.14 and a 1 year high of $66.19. The firm has a market capitalization of $11.43 billion, a PE ratio of 5.40, a price-to-earnings-growth ratio of 0.65 and a beta of 1.34.

HF Sinclair (NYSE:DINOGet Rating) last posted its earnings results on Monday, November 7th. The company reported $4.58 EPS for the quarter, topping the consensus estimate of $4.20 by $0.38. HF Sinclair had a net margin of 6.59% and a return on equity of 27.56%. The business had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $8.72 billion. During the same period last year, the company earned $1.28 EPS. The firm’s revenue was up 126.2% compared to the same quarter last year. Equities research analysts forecast that HF Sinclair Co. will post 15.11 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 5th. Investors of record on Monday, November 21st were given a dividend of $0.40 per share. The ex-dividend date was Friday, November 18th. This represents a $1.60 annualized dividend and a yield of 2.81%. HF Sinclair’s dividend payout ratio is presently 15.18%.

About HF Sinclair

(Get Rating)

HF Sinclair Corporation operates as an independent energy company. It produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. The company also 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.

See Also

Want to see what other hedge funds are holding DINO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HF Sinclair Co. (NYSE:DINOGet Rating).

Institutional Ownership by Quarter for HF Sinclair (NYSE:DINO)

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