VIRGINIA RETIREMENT SYSTEMS ET Al Grows Stock Holdings in HF Sinclair Corporation $DINO

VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of HF Sinclair Corporation (NYSE:DINO) by 5.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 363,850 shares of the company’s stock after purchasing an additional 18,450 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.20% of HF Sinclair worth $16,766,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Quent Capital LLC bought a new position in shares of HF Sinclair during the third quarter valued at $28,000. V Square Quantitative Management LLC bought a new position in shares of HF Sinclair during the fourth quarter valued at $26,000. State of Wyoming bought a new position in shares of HF Sinclair during the second quarter valued at $41,000. CI Investments Inc. increased its holdings in shares of HF Sinclair by 20.0% during the third quarter. CI Investments Inc. now owns 1,121 shares of the company’s stock valued at $59,000 after acquiring an additional 187 shares in the last quarter. Finally, Torren Management LLC bought a new position in shares of HF Sinclair during the fourth quarter valued at $55,000. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

HF Sinclair Price Performance

Shares of DINO opened at $69.35 on Thursday. The company has a current ratio of 1.79, a quick ratio of 0.88 and a debt-to-equity ratio of 0.28. The firm has a market cap of $12.50 billion, a PE ratio of 10.43 and a beta of 0.72. HF Sinclair Corporation has a 1-year low of $34.42 and a 1-year high of $74.72. The firm has a fifty day simple moving average of $61.06 and a two-hundred day simple moving average of $54.89.

HF Sinclair (NYSE:DINO) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.69 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.75. The firm had revenue of $7.12 billion during the quarter, compared to analyst estimates of $6.83 billion. HF Sinclair had a return on equity of 11.94% and a net margin of 4.46%.HF Sinclair’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted ($0.27) EPS. On average, equities analysts anticipate that HF Sinclair Corporation will post 8.62 EPS for the current year.

HF Sinclair Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, May 11th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, May 11th. HF Sinclair’s dividend payout ratio is 30.08%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on DINO shares. Morgan Stanley set a $69.00 price target on HF Sinclair in a report on Monday, May 4th. Wells Fargo & Company boosted their price objective on shares of HF Sinclair from $58.00 to $67.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 31st. Argus upgraded shares of HF Sinclair to a “hold” rating in a report on Tuesday, February 24th. Zacks Research upgraded shares of HF Sinclair from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Finally, Piper Sandler decreased their price objective on shares of HF Sinclair from $67.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $69.91.

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.