Y Intercept Hong Kong Ltd acquired a new stake in shares of HF Sinclair Corporation (NYSE:DINO – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 15,793 shares of the company’s stock, valued at approximately $827,000.
Other hedge funds also recently bought and sold shares of the company. Quent Capital LLC purchased a new position in shares of HF Sinclair during the third quarter worth approximately $28,000. Kiker Wealth Management LLC bought a new position in shares of HF Sinclair during the 2nd quarter valued at $32,000. Johnson Financial Group Inc. bought a new position in shares of HF Sinclair during the 2nd quarter valued at $33,000. State of Wyoming purchased a new position in HF Sinclair in the 2nd quarter worth $41,000. Finally, Hilltop National Bank bought a new stake in HF Sinclair in the second quarter worth $46,000. Institutional investors own 88.29% of the company’s stock.
Analysts Set New Price Targets
Several analysts have issued reports on DINO shares. Morgan Stanley upped their price target on shares of HF Sinclair from $60.00 to $61.00 and gave the company an “overweight” rating in a research report on Tuesday, January 27th. UBS Group raised their price target on HF Sinclair from $63.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Scotiabank reaffirmed an “outperform” rating and issued a $62.00 price target on shares of HF Sinclair in a research note on Friday, January 16th. Barclays dropped their price objective on HF Sinclair from $54.00 to $51.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of HF Sinclair in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $59.90.
HF Sinclair Trading Down 0.3%
DINO opened at $51.83 on Tuesday. HF Sinclair Corporation has a one year low of $24.66 and a one year high of $56.58. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.91 and a quick ratio of 0.97. The business has a 50 day simple moving average of $49.27 and a two-hundred day simple moving average of $49.93. The firm has a market capitalization of $9.53 billion, a price-to-earnings ratio of 24.80 and a beta of 0.84.
HF Sinclair Company Profile
HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.
The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.
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