Fruth Investment Management Sells 1,000 Shares of HF Sinclair Co. (NYSE:DINO)

Fruth Investment Management lessened its position in HF Sinclair Co. (NYSE:DINO) by 11.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,800 shares of the company’s stock after selling 1,000 shares during the period. Fruth Investment Management’s holdings in HF Sinclair were worth $273,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DINO. Pacer Advisors Inc. lifted its stake in HF Sinclair by 8.1% during 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 period. Charles Schwab Investment Management Inc. raised its stake in HF Sinclair by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,894,833 shares of the company’s stock valued at $218,163,000 after buying an additional 165,313 shares during the last quarter. AustralianSuper Pty Ltd raised its stake in HF Sinclair by 11.7% during the 3rd quarter. AustralianSuper Pty Ltd now owns 1,678,196 shares of the company’s stock valued at $74,797,000 after buying an additional 175,925 shares during the last quarter. FMR LLC lifted its holdings in shares of HF Sinclair by 13.8% during the 3rd quarter. FMR LLC now owns 1,167,209 shares of the company’s stock valued at $52,023,000 after buying an additional 141,472 shares during the period. Finally, Thompson Siegel & Walmsley LLC boosted its stake in shares of HF Sinclair by 11.5% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 987,750 shares of the company’s stock worth $44,024,000 after buying an additional 101,586 shares during the last quarter. Hedge funds and other institutional investors own 88.29% of the company’s stock.

HF Sinclair Stock Up 0.2 %

Shares of DINO stock opened at $38.03 on Thursday. HF Sinclair Co. has a 52 week low of $33.47 and a 52 week high of $64.16. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. The company’s fifty day simple moving average is $36.53 and its two-hundred day simple moving average is $42.22. The stock has a market cap of $7.15 billion, a P/E ratio of 23.47 and a beta of 1.22.

Analyst Upgrades and Downgrades

DINO has been the topic of a number of recent research reports. Mizuho lowered their target price on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Barclays cut their target price on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Wells Fargo & Company downgraded shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $53.00 to $45.00 in a research report on Monday, December 9th. UBS Group decreased their target price on HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, November 4th. Finally, TD Cowen cut their price target on HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a report on Wednesday, December 18th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $51.00.

Insider Activity at HF Sinclair

In other HF Sinclair news, CFO Atanas H. Atanasov acquired 7,000 shares of the stock in a transaction on Thursday, December 12th. The stock was acquired at an average price of $37.96 per share, for a total transaction of $265,720.00. Following the completion of the transaction, the chief financial officer now directly owns 71,927 shares of the company’s stock, valued at $2,730,348.92. This trade represents a 10.78 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.28% of the stock is owned by corporate insiders.

HF Sinclair 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.