5,806 Shares in HF Sinclair Co. (NYSE:DINO) Purchased by Paragon Capital Management Ltd

Paragon Capital Management Ltd acquired a new position in HF Sinclair Co. (NYSE:DINO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 5,806 shares of the company’s stock, valued at approximately $259,000.

Several other institutional investors also recently bought and sold shares of DINO. Signaturefd LLC lifted its stake in HF Sinclair by 9.2% in the 1st quarter. Signaturefd LLC now owns 2,963 shares of the company’s stock worth $143,000 after purchasing an additional 249 shares in the last quarter. National Bank of Canada FI lifted its stake in HF Sinclair by 4.5% in the 1st quarter. National Bank of Canada FI now owns 6,739 shares of the company’s stock worth $326,000 after purchasing an additional 288 shares in the last quarter. Cullen Capital Management LLC lifted its stake in HF Sinclair by 3.9% in the 1st quarter. Cullen Capital Management LLC now owns 7,782 shares of the company’s stock worth $376,000 after purchasing an additional 290 shares in the last quarter. Atlas Capital Advisors LLC lifted its stake in HF Sinclair by 11.2% in the 4th quarter. Atlas Capital Advisors LLC now owns 2,898 shares of the company’s stock worth $150,000 after purchasing an additional 292 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its stake in HF Sinclair by 0.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 58,510 shares of the company’s stock worth $3,150,000 after purchasing an additional 297 shares in the last quarter. 89.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DINO has been the topic of a number of research reports. The Goldman Sachs Group raised their target price on shares of HF Sinclair from $56.00 to $63.00 and gave the stock a “buy” rating in a research note on Tuesday, August 8th. UBS Group raised their target price on shares of HF Sinclair from $53.00 to $58.00 and gave the stock a “neutral” rating in a research note on Monday, August 7th. Morgan Stanley reaffirmed an “overweight” rating and set a $70.00 price target on shares of HF Sinclair in a research report on Wednesday, July 19th. Piper Sandler lifted their price target on shares of HF Sinclair from $63.00 to $70.00 in a research report on Friday, August 4th. Finally, Bank of America lowered shares of HF Sinclair from a “buy” rating to a “neutral” rating and lifted their price target for the company from $62.00 to $65.00 in a research report on Tuesday, August 15th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $62.50.

HF Sinclair Trading Down 1.6 %

NYSE DINO traded down $0.94 on Friday, reaching $59.26. The stock had a trading volume of 6,855,630 shares, compared to its average volume of 2,348,631. The firm has a market capitalization of $10.91 billion, a price-to-earnings ratio of 5.03, a P/E/G ratio of 0.93 and a beta of 1.39. The company has a quick ratio of 1.19, a current ratio of 2.32 and a debt-to-equity ratio of 0.28. HF Sinclair Co. has a 12-month low of $37.12 and a 12-month high of $66.19. The stock has a fifty day moving average price of $54.36 and a two-hundred day moving average price of $48.33.

HF Sinclair (NYSE:DINO) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $2.60 EPS for the quarter, topping the consensus estimate of $2.27 by $0.33. The business had revenue of $7.83 billion during the quarter, compared to the consensus estimate of $7.38 billion. HF Sinclair had a net margin of 6.87% and a return on equity of 24.58%. As a group, sell-side analysts forecast that HF Sinclair Co. will post 9.37 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 6th. Shareholders of record on Thursday, August 17th were paid a $0.45 dividend. The ex-dividend date was Wednesday, August 16th. This represents a $1.80 annualized dividend and a dividend yield of 3.04%. HF Sinclair’s dividend payout ratio (DPR) is 15.28%.

About HF Sinclair

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.