Mitsubishi UFJ Trust & Banking Corp Purchases 60,171 Shares of HF Sinclair Corporation $DINO

Mitsubishi UFJ Trust & Banking Corp grew its position in HF Sinclair Corporation (NYSE:DINO) by 2,013.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,159 shares of the company’s stock after purchasing an additional 60,171 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in HF Sinclair were worth $3,306,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DINO. NorthCrest Asset Manangement LLC grew its position in HF Sinclair by 2.7% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 9,750 shares of the company’s stock worth $507,000 after purchasing an additional 258 shares in the last quarter. Greenleaf Trust grew its holdings in shares of HF Sinclair by 4.3% in the third quarter. Greenleaf Trust now owns 6,342 shares of the company’s stock valued at $332,000 after acquiring an additional 260 shares in the last quarter. Moody Lynn & Lieberson LLC grew its holdings in shares of HF Sinclair by 4.9% in the third quarter. Moody Lynn & Lieberson LLC now owns 5,922 shares of the company’s stock valued at $310,000 after acquiring an additional 278 shares in the last quarter. ProShare Advisors LLC increased its position in shares of HF Sinclair by 4.2% during the second quarter. ProShare Advisors LLC now owns 7,101 shares of the company’s stock valued at $292,000 after acquiring an additional 287 shares during the last quarter. Finally, Bank of Montreal Can lifted its holdings in HF Sinclair by 1.3% during the second quarter. Bank of Montreal Can now owns 22,788 shares of the company’s stock worth $936,000 after acquiring an additional 290 shares during the period. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

HF Sinclair Price Performance

NYSE DINO opened at $51.18 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.91 and a debt-to-equity ratio of 0.29. The company has a market cap of $9.42 billion, a PE ratio of 24.49 and a beta of 0.84. HF Sinclair Corporation has a 52 week low of $24.66 and a 52 week high of $56.58. The firm’s 50-day simple moving average is $49.31 and its two-hundred day simple moving average is $49.73.

HF Sinclair (NYSE:DINO) last posted its quarterly earnings results on Thursday, October 30th. The company reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.50. The company had revenue of $7.25 billion for the quarter, compared to analyst estimates of $6.99 billion. HF Sinclair had a net margin of 1.46% and a return on equity of 5.77%. The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 earnings per share. Research analysts predict that HF Sinclair Corporation will post 2.39 earnings per share for the current year.

Analyst Ratings Changes

DINO has been the subject of several research analyst reports. UBS Group raised their target price on HF Sinclair from $63.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Barclays decreased their price objective on shares of HF Sinclair from $54.00 to $51.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. Zacks Research lowered shares of HF Sinclair from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Piper Sandler reduced their target price on shares of HF Sinclair from $68.00 to $67.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Finally, Wall Street Zen lowered shares of HF Sinclair from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 19th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, HF Sinclair currently has a consensus rating of “Moderate Buy” and an average price target of $59.90.

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.