900 Shares in HF Sinclair Co. (NYSE:DINO) Bought by Lee Danner & Bass Inc.

Lee Danner & Bass Inc. bought a new position in HF Sinclair Co. (NYSE:DINO) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 900 shares of the company’s stock, valued at approximately $32,000.

Other large investors also recently modified their holdings of the company. Sugar Maple Asset Management LLC bought a new position in shares of HF Sinclair in the 4th quarter worth $27,000. EverSource Wealth Advisors LLC raised its position in HF Sinclair by 53.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company’s stock valued at $33,000 after buying an additional 327 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in HF Sinclair by 68.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company’s stock valued at $48,000 after buying an additional 558 shares during the last quarter. Millburn Ridgefield Corp purchased a new stake in HF Sinclair in the 3rd quarter valued at $50,000. Finally, IFP Advisors Inc raised its position in HF Sinclair by 33.4% in the 4th quarter. IFP Advisors Inc now owns 1,666 shares of the company’s stock valued at $58,000 after buying an additional 417 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors.

HF Sinclair Trading Down 1.0 %

Shares of HF Sinclair stock opened at $33.54 on Monday. The stock’s 50-day simple moving average is $35.38 and its 200 day simple moving average is $39.17. The stock has a market capitalization of $6.32 billion, a P/E ratio of 40.90 and a beta of 1.13. HF Sinclair Co. has a 52-week low of $29.85 and a 52-week high of $64.16. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81.

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

HF Sinclair Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 5.96%. The ex-dividend date of this dividend was Thursday, March 6th. HF Sinclair’s dividend payout ratio (DPR) is presently 243.90%.

Insider Buying and Selling

In other news, Director Franklin Myers purchased 5,000 shares of the business’s stock in a transaction on Wednesday, February 26th. The stock was purchased at an average cost of $35.66 per share, with a total value of $178,300.00. Following the acquisition, the director now directly owns 154,065 shares in the company, valued at approximately $5,493,957.90. This trade represents a 3.35 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.28% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on DINO shares. JPMorgan Chase & Co. lowered their price target on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, December 10th. TD Cowen lowered their price target on HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a research report on Wednesday, December 18th. Piper Sandler set a $46.00 target price on HF Sinclair in a research report on Friday, March 7th. Mizuho decreased their target price on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Finally, Wells Fargo & Company raised their target price on HF Sinclair from $42.00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $47.00.

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.