Analysts Set HF Sinclair Co. (NYSE:DINO) Target Price at $51.00

Shares of HF Sinclair Co. (NYSE:DINO) have earned a consensus rating of “Hold” from the thirteen research firms that are presently covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $51.00.

A number of equities research analysts recently issued reports on DINO shares. UBS Group decreased their price target on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, November 4th. Wells Fargo & Company downgraded shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $53.00 to $45.00 in a research note on Monday, December 9th. Barclays decreased their price target on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Mizuho decreased their price target on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Finally, TD Cowen decreased their price target on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research note on Wednesday, December 18th.

Insider Activity

In other news, CFO Atanas H. Atanasov purchased 5,000 shares of the stock in a transaction dated Thursday, December 19th. The shares were acquired at an average cost of $33.77 per share, for a total transaction of $168,850.00. Following the acquisition, the chief financial officer now owns 78,927 shares of the company’s stock, valued at approximately $2,665,364.79. This represents a 6.76 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.28% of the company’s stock.

Institutional Trading of HF Sinclair

A number of institutional investors have recently bought and sold shares of DINO. Thompson Siegel & Walmsley LLC raised its position in HF Sinclair by 114.1% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,114,575 shares of the company’s stock worth $74,116,000 after buying an additional 1,126,825 shares during the last quarter. Amundi raised its position in HF Sinclair by 132.3% during the 4th quarter. Amundi now owns 1,748,994 shares of the company’s stock worth $61,025,000 after buying an additional 996,155 shares during the last quarter. Pacer Advisors Inc. raised its position in HF Sinclair by 8.1% during the 3rd quarter. Pacer Advisors Inc. now owns 8,411,694 shares of the company’s stock worth $374,909,000 after buying an additional 626,755 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in HF Sinclair by 12.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,512,051 shares of the company’s stock worth $193,197,000 after buying an additional 617,218 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in HF Sinclair by 1,445.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 471,640 shares of the company’s stock worth $16,531,000 after buying an additional 441,116 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

HF Sinclair Price Performance

Shares of NYSE:DINO opened at $37.64 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81. The firm has a fifty day moving average price of $36.35 and a 200 day moving average price of $42.01. HF Sinclair has a fifty-two week low of $33.47 and a fifty-two week high of $64.16. The firm has a market cap of $7.08 billion, a price-to-earnings ratio of 23.23 and a beta of 1.22.

About HF Sinclair

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.