Jefferies Financial Group Inc. Invests $6.19 Million in HF Sinclair Corporation $DINO

Jefferies Financial Group Inc. acquired a new position in HF Sinclair Corporation (NYSE:DINO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 134,419 shares of the company’s stock, valued at approximately $6,194,000.

Several other institutional investors have also bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its holdings in HF Sinclair by 4.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,954 shares of the company’s stock worth $320,000 after purchasing an additional 302 shares during the period. LSV Asset Management lifted its holdings in HF Sinclair by 4.0% in the fourth quarter. LSV Asset Management now owns 3,399,427 shares of the company’s stock worth $156,646,000 after purchasing an additional 129,934 shares during the period. Global Retirement Partners LLC lifted its holdings in HF Sinclair by 129.5% in the fourth quarter. Global Retirement Partners LLC now owns 7,464 shares of the company’s stock worth $344,000 after purchasing an additional 4,212 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in HF Sinclair in the fourth quarter worth about $1,717,000. Finally, GSA Capital Partners LLP lifted its holdings in HF Sinclair by 121.4% in the fourth quarter. GSA Capital Partners LLP now owns 33,842 shares of the company’s stock worth $1,559,000 after purchasing an additional 18,555 shares during the period. Institutional investors and hedge funds own 88.29% of the company’s stock.

Analyst Upgrades and Downgrades

DINO has been the subject of a number of research analyst reports. Wall Street Zen raised shares of HF Sinclair from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Piper Sandler cut their price target 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. Morgan Stanley set a $69.00 price target on shares of HF Sinclair in a report on Monday, May 4th. TD Cowen upped their price target on shares of HF Sinclair from $68.00 to $80.00 and gave the company a “hold” rating in a report on Monday, May 4th. Finally, Wells Fargo & Company upped their price target on shares of HF Sinclair from $58.00 to $67.00 and gave the company an “equal weight” rating in a report on Tuesday, March 31st. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, HF Sinclair presently has an average rating of “Moderate Buy” and a consensus price target of $69.91.

Insider Activity at HF Sinclair

In other news, CFO Vivek Garg sold 717 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $71.89, for a total value of $51,545.13. Following the sale, the chief financial officer owned 11,475 shares in the company, valued at approximately $824,937.75. This trade represents a 5.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Valerie Pompa sold 10,000 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $69.05, for a total value of $690,500.00. Following the completion of the transaction, the executive vice president directly owned 43,098 shares of the company’s stock, valued at approximately $2,975,916.90. This trade represents a 18.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.26% of the company’s stock.

HF Sinclair Price Performance

Shares of DINO opened at $69.92 on Tuesday. The company has a market capitalization of $12.61 billion, a price-to-earnings ratio of 10.51 and a beta of 0.72. HF Sinclair Corporation has a fifty-two week low of $34.77 and a fifty-two week high of $74.72. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.79 and a quick ratio of 0.88. The business’s 50-day moving average is $63.40 and its 200-day moving average is $55.82.

HF Sinclair (NYSE:DINO) last issued its earnings results on Friday, May 1st. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.75. The company had revenue of $7.12 billion for the quarter, compared to the consensus estimate of $6.83 billion. HF Sinclair had a return on equity of 11.94% and a net margin of 4.46%.The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.27) EPS. Equities research analysts expect that HF Sinclair Corporation will post 8.9 EPS for the current fiscal year.

HF Sinclair Announces Dividend

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

About HF Sinclair

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.