HF Sinclair Co. (NYSE:DINO) Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its holdings in shares of HF Sinclair Co. (NYSE:DINOFree Report) by 55.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,666,579 shares of the company’s stock after acquiring an additional 1,656,704 shares during the quarter. Pacer Advisors Inc. owned about 2.60% of HF Sinclair worth $259,322,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DINO. Unison Advisors LLC lifted its stake in shares of HF Sinclair by 1.0% in the 3rd quarter. Unison Advisors LLC now owns 21,135 shares of the company’s stock worth $1,203,000 after acquiring an additional 210 shares during the period. Stifel Financial Corp lifted its holdings in HF Sinclair by 0.8% in the 3rd quarter. Stifel Financial Corp now owns 27,530 shares of the company’s stock valued at $1,567,000 after purchasing an additional 217 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in shares of HF Sinclair by 2.7% in the third quarter. Coldstream Capital Management Inc. now owns 8,570 shares of the company’s stock worth $488,000 after acquiring an additional 223 shares during the last quarter. Cetera Investment Advisers boosted its holdings in HF Sinclair by 1.6% in the second quarter. Cetera Investment Advisers now owns 16,357 shares of the company’s stock valued at $730,000 after acquiring an additional 262 shares during the last quarter. Finally, Resonant Capital Advisors LLC lifted its stake in shares of HF Sinclair by 2.9% in the 3rd quarter. Resonant Capital Advisors LLC now owns 10,330 shares of the company’s stock valued at $588,000 after purchasing an additional 292 shares in the last quarter. Hedge funds and other institutional investors own 88.29% of the company’s stock.

HF Sinclair Price Performance

DINO stock opened at $61.21 on Tuesday. The firm has a 50-day moving average of $57.10 and a two-hundred day moving average of $55.98. The firm has a market capitalization of $11.63 billion, a PE ratio of 7.37 and a beta of 1.28. The company has a current ratio of 2.22, a quick ratio of 1.16 and a debt-to-equity ratio of 0.27. HF Sinclair Co. has a one year low of $37.12 and a one year high of $62.47.

HF Sinclair (NYSE:DINOGet Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.15. The firm had revenue of $7.66 billion for the quarter, compared to analysts’ expectations of $8.05 billion. HF Sinclair had a net margin of 4.97% and a return on equity of 17.61%. The company’s quarterly revenue was down 14.7% compared to the same quarter last year. During the same period in the previous year, the company posted $2.97 EPS. On average, analysts forecast that HF Sinclair Co. will post 6.38 earnings per share for the current year.

HF Sinclair Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Shareholders of record on Monday, February 26th were given a $0.50 dividend. This is a positive change from HF Sinclair’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a yield of 3.27%. The ex-dividend date was Friday, February 23rd. HF Sinclair’s dividend payout ratio is presently 24.10%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Bank of America raised HF Sinclair from a “neutral” rating to a “buy” rating and increased their price target for the company from $62.00 to $78.00 in a report on Friday, March 15th. TD Cowen upped their price target on HF Sinclair from $50.00 to $52.00 and gave the company a “market perform” rating in a research report on Thursday, February 22nd. Wells Fargo & Company lifted their price objective on shares of HF Sinclair from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Thursday, February 22nd. Mizuho increased their price objective on shares of HF Sinclair from $63.00 to $66.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, UBS Group upgraded HF Sinclair from a “neutral” rating to a “buy” rating and lifted their target price for the company from $64.00 to $73.00 in a research note on Wednesday, February 14th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, HF Sinclair presently has an average rating of “Moderate Buy” and a consensus price target of $65.00.

Read Our Latest Stock Analysis on HF Sinclair

Insider Transactions at HF Sinclair

In related news, EVP Valerie Pompa sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $57.53, for a total transaction of $402,710.00. Following the transaction, the executive vice president now owns 29,617 shares of the company’s stock, valued at $1,703,866.01. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, Director Franklin Myers acquired 4,180 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was acquired at an average price of $58.94 per share, with a total value of $246,369.20. Following the completion of the transaction, the director now owns 131,793 shares of the company’s stock, valued at $7,767,879.42. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Valerie Pompa sold 7,000 shares of HF Sinclair stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $57.53, for a total transaction of $402,710.00. Following the sale, the executive vice president now owns 29,617 shares in the company, valued at $1,703,866.01. The disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

About HF Sinclair

(Free Report)

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.

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

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