Aigen Investment Management LP Has $2.22 Million Stock Position in HF Sinclair Co. (NYSE:DINO)

Aigen Investment Management LP grew its stake in shares of HF Sinclair Co. (NYSE:DINO) by 124.9% in the 4th quarter, HoldingsChannel reports. The fund owned 63,231 shares of the company’s stock after purchasing an additional 35,121 shares during the quarter. Aigen Investment Management LP’s holdings in HF Sinclair were worth $2,216,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its holdings in HF Sinclair by 2.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,091 shares of the company’s stock worth $669,000 after acquiring an additional 367 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. grew its stake in shares of HF Sinclair by 0.6% in the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 64,275 shares of the company’s stock worth $2,253,000 after purchasing an additional 390 shares during the last quarter. IFP Advisors Inc increased its holdings in HF Sinclair by 33.4% in the fourth quarter. IFP Advisors Inc now owns 1,666 shares of the company’s stock valued at $58,000 after purchasing an additional 417 shares during the period. MassMutual Private Wealth & Trust FSB increased its holdings in HF Sinclair by 68.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company’s stock valued at $48,000 after purchasing an additional 558 shares during the period. Finally, Capital Performance Advisors LLP bought a new position in HF Sinclair during the 3rd quarter worth $27,000. Institutional investors own 88.29% of the company’s stock.

Analyst Ratings Changes

DINO has been the subject of several recent research reports. Barclays decreased their price target on 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. Mizuho lowered their price target on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Monday, December 16th. TD Cowen dropped 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 report on Wednesday, December 18th. Wells Fargo & Company lowered shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $53.00 to $45.00 in a report on Monday, December 9th. Finally, JPMorgan Chase & Co. dropped their price target on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 10th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $51.00.

HF Sinclair Stock Down 3.7 %

HF Sinclair stock opened at $31.86 on Wednesday. The company has a market capitalization of $6.00 billion, a P/E ratio of 38.85 and a beta of 1.22. The firm has a 50 day moving average price of $36.01 and a 200-day moving average price of $40.60. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. HF Sinclair Co. has a twelve month low of $31.27 and a twelve month high of $64.16.

HF Sinclair (NYSE:DINO) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share for the quarter, missing the consensus estimate of ($0.91) by ($0.11). HF Sinclair had a net margin of 0.62% and a return on equity of 1.98%. The company had revenue of $6.50 billion during the quarter, compared to analysts’ expectations of $6.56 billion. As a group, equities analysts predict that HF Sinclair Co. will post 2.39 EPS for the current year.

HF Sinclair Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given 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 6.28%. HF Sinclair’s payout ratio is 243.90%.

Insider Transactions at HF Sinclair

In other HF Sinclair news, CFO Atanas H. Atanasov purchased 5,000 shares of the stock in a transaction on Thursday, December 19th. The stock was acquired at an average price of $33.77 per share, with a total value of $168,850.00. Following the transaction, the chief financial officer now directly owns 78,927 shares of the company’s stock, valued at approximately $2,665,364.79. This trade represents a 6.76 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders acquired 17,000 shares of company stock worth $612,870. 0.28% of the stock is currently owned by insiders.

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.