10,901 Shares in HF Sinclair Corporation $DINO Purchased by Caprock Group LLC

Caprock Group LLC purchased a new stake in HF Sinclair Corporation (NYSE:DINO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,901 shares of the company’s stock, valued at approximately $560,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Krilogy Financial LLC purchased a new position in shares of HF Sinclair during the 3rd quarter valued at approximately $906,000. Advisors Asset Management Inc. increased its stake in shares of HF Sinclair by 7.9% in the third quarter. Advisors Asset Management Inc. now owns 156,778 shares of the company’s stock worth $8,206,000 after buying an additional 11,417 shares during the last quarter. Western Wealth Management LLC acquired a new stake in HF Sinclair in the third quarter valued at $246,000. Smartleaf Asset Management LLC boosted its stake in HF Sinclair by 546.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 3,612 shares of the company’s stock valued at $190,000 after acquiring an additional 3,053 shares during the last quarter. Finally, Bessemer Group Inc. boosted its stake in HF Sinclair by 21.2% during the 3rd quarter. Bessemer Group Inc. now owns 1,433 shares of the company’s stock valued at $74,000 after acquiring an additional 251 shares during the last quarter. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

HF Sinclair Stock Performance

Shares of DINO stock opened at $57.87 on Wednesday. The company has a market cap of $10.65 billion, a P/E ratio of 27.69 and a beta of 0.87. The business has a 50 day moving average of $50.62 and a two-hundred day moving average of $50.97. HF Sinclair Corporation has a 52 week low of $24.66 and a 52 week high of $59.33. The company has a quick ratio of 0.97, a current ratio of 1.91 and a debt-to-equity ratio of 0.29.

HF Sinclair (NYSE:DINO) last announced its quarterly earnings results on Wednesday, February 18th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.37. HF Sinclair had a return on equity of 5.77% and a net margin of 1.46%. As a group, analysts anticipate that HF Sinclair Corporation will post 2.39 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Barclays cut their target price on shares of HF Sinclair from $54.00 to $51.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. Weiss Ratings reissued a “hold (c)” rating on shares of HF Sinclair in a report on Monday, December 29th. Piper Sandler cut their price objective on HF Sinclair from $68.00 to $67.00 and set an “overweight” rating on the stock in a research note on Friday, January 16th. Mizuho increased their target price on HF Sinclair from $62.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Finally, Morgan Stanley boosted their price target on HF Sinclair from $60.00 to $61.00 and gave the company an “overweight” rating in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, HF Sinclair presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.90.

HF Sinclair 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.