HF Sinclair Co. (NYSE:DINO) Holdings Raised by Virtu Financial LLC

Virtu Financial LLC increased its stake in HF Sinclair Co. (NYSE:DINO) by 237.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,536 shares of the company’s stock after purchasing an additional 15,855 shares during the quarter. Virtu Financial LLC’s holdings in HF Sinclair were worth $790,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of DINO. Natixis Advisors LLC increased its position in shares of HF Sinclair by 7.5% in the third quarter. Natixis Advisors LLC now owns 49,384 shares of the company’s stock worth $2,201,000 after acquiring an additional 3,456 shares in the last quarter. Thrivent Financial for Lutherans grew its position in HF Sinclair by 5.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 38,400 shares of the company’s stock worth $1,711,000 after purchasing an additional 1,890 shares in the last quarter. Advisors Asset Management Inc. raised its stake in HF Sinclair by 42.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 31,171 shares of the company’s stock valued at $1,389,000 after purchasing an additional 9,346 shares during the period. Citigroup Inc. raised its stake in HF Sinclair by 25.1% during the 3rd quarter. Citigroup Inc. now owns 200,882 shares of the company’s stock valued at $8,953,000 after purchasing an additional 40,341 shares during the period. Finally, Cerity Partners LLC lifted its holdings in shares of HF Sinclair by 53.4% in the third quarter. Cerity Partners LLC now owns 31,551 shares of the company’s stock valued at $1,406,000 after purchasing an additional 10,988 shares in the last quarter. Institutional investors and hedge funds own 88.29% of the company’s stock.

HF Sinclair Trading Down 1.1 %

Shares of NYSE:DINO opened at $33.16 on Tuesday. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $6.25 billion, a PE ratio of 40.44 and a beta of 1.13. HF Sinclair Co. has a 1 year low of $29.85 and a 1 year high of $64.16. The firm has a fifty day moving average price of $35.30 and a 200 day moving average price of $39.08.

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 analysts’ consensus estimates of ($0.91) by ($0.11). The company had revenue of $6.50 billion during the quarter, compared to analyst estimates of $6.56 billion. HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. Analysts expect that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were issued a dividend of $0.50 per share. The ex-dividend date was Thursday, March 6th. This represents a $2.00 annualized dividend and a yield of 6.03%. HF Sinclair’s dividend payout ratio (DPR) is presently 243.90%.

Insider Activity

In other news, Director Franklin Myers bought 5,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average cost of $35.66 per share, for a total transaction of $178,300.00. Following the purchase, the director now owns 154,065 shares of the company’s stock, valued at $5,493,957.90. This represents a 3.35 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on DINO shares. Morgan Stanley dropped their price target on HF Sinclair from $51.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, March 14th. Mizuho dropped 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. Wells Fargo & Company raised their price target on shares of HF Sinclair from $42.00 to $44.00 and gave the stock an “equal weight” rating in a report on Friday. TD Cowen dropped their price objective 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. Finally, Piper Sandler set a $46.00 target price on shares of HF Sinclair in a research note on Friday, March 7th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $47.00.

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.