HF Sinclair Co. (NYSE:DINO) Shares Bought by Evergreen Private Wealth LLC

Evergreen Private Wealth LLC raised its holdings in HF Sinclair Co. (NYSE:DINO) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,754 shares of the company’s stock after acquiring an additional 392 shares during the quarter. Evergreen Private Wealth LLC’s holdings in HF Sinclair were worth $938,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Pacer Advisors Inc. lifted its holdings in HF Sinclair by 8.1% in the 3rd quarter. Pacer Advisors Inc. now owns 8,411,694 shares of the company’s stock valued at $374,909,000 after acquiring an additional 626,755 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in HF Sinclair by 12.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,512,051 shares of the company’s stock valued at $193,197,000 after acquiring an additional 617,218 shares during the last quarter. FMR LLC lifted its holdings in HF Sinclair by 13.8% in the 3rd quarter. FMR LLC now owns 1,167,209 shares of the company’s stock valued at $52,023,000 after acquiring an additional 141,472 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in HF Sinclair by 11.5% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 987,750 shares of the company’s stock valued at $44,024,000 after acquiring an additional 101,586 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in HF Sinclair by 21.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 861,710 shares of the company’s stock valued at $38,406,000 after acquiring an additional 153,148 shares during the last quarter. 88.29% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DINO has been the subject of a number of research analyst reports. TD Cowen cut their price target on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a report on Wednesday, December 18th. Mizuho reduced their price objective on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. JPMorgan Chase & Co. reduced their price objective on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a research note on Tuesday, December 10th. Barclays reduced their price objective on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Finally, Wells Fargo & Company lowered shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $53.00 to $45.00 in a research note on Monday, December 9th. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $51.00.

HF Sinclair Price Performance

Shares of DINO opened at $31.57 on Friday. The company has a market capitalization of $5.95 billion, a price-to-earnings ratio of 38.50 and a beta of 1.13. HF Sinclair Co. has a fifty-two week low of $29.85 and a fifty-two week high of $64.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The business’s 50-day moving average is $35.89 and its 200-day moving average is $40.47.

HF Sinclair (NYSE:DINO) last issued its earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.91) by ($0.11). The business 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%. Equities research analysts expect that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a $0.50 dividend. The ex-dividend date is Thursday, March 6th. This represents a $2.00 dividend on an annualized basis and a yield of 6.33%. HF Sinclair’s dividend payout ratio is currently 243.90%.

Insider Buying and Selling

In other news, Director Franklin Myers acquired 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were purchased at an average price of $35.66 per share, for a total transaction of $178,300.00. Following the completion of the acquisition, 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 purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Atanas H. Atanasov acquired 7,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The stock was purchased at an average price of $37.96 per share, for a total transaction of $265,720.00. Following the acquisition, 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 position. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 17,635 shares of company stock worth $632,860. Insiders own 0.28% of the company’s stock.

HF Sinclair Company 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.