Valerie Pompa Sells 10,000 Shares of HF Sinclair (NYSE:DINO) Stock

HF Sinclair Corporation (NYSE:DINO) EVP Valerie Pompa sold 10,000 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $69.05, for a total value of $690,500.00. Following the completion of the sale, the executive vice president owned 43,098 shares in the company, valued at approximately $2,975,916.90. The trade was a 18.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

HF Sinclair Stock Performance

NYSE:DINO opened at $71.82 on Wednesday. The firm has a market capitalization of $12.95 billion, a PE ratio of 10.80 and a beta of 0.72. The business’s fifty day moving average price is $62.20 and its 200 day moving average price is $55.34. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.79 and a quick ratio of 0.88. HF Sinclair Corporation has a 12 month low of $34.42 and a 12 month high of $74.72.

HF Sinclair (NYSE:DINO) last posted its earnings results on Friday, May 1st. The company reported $0.69 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.75. The firm had revenue of $7.12 billion for 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 for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.27) earnings per share. On average, sell-side analysts anticipate that HF Sinclair Corporation will post 8.9 earnings per share for the current fiscal year.

HF Sinclair Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, May 11th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, May 11th. HF Sinclair’s dividend payout ratio is 30.08%.

Hedge Funds Weigh In On HF Sinclair

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of HF Sinclair by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 16,830,649 shares of the company’s stock worth $775,556,000 after buying an additional 446,867 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of HF Sinclair by 6.4% during the third quarter. Dimensional Fund Advisors LP now owns 9,259,238 shares of the company’s stock worth $484,631,000 after buying an additional 560,194 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of HF Sinclair by 0.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,364,158 shares of the company’s stock worth $293,260,000 after buying an additional 48,103 shares during the last quarter. State Street Corp grew its holdings in shares of HF Sinclair by 0.4% during the fourth quarter. State Street Corp now owns 6,142,078 shares of the company’s stock worth $283,027,000 after buying an additional 22,150 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of HF Sinclair by 13.7% during the fourth quarter. AQR Capital Management LLC now owns 4,359,370 shares of the company’s stock worth $200,880,000 after buying an additional 523,709 shares during the last quarter. Hedge funds and other institutional investors own 88.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. BMO Capital Markets dropped their target price on HF Sinclair from $65.00 to $60.00 and set an “outperform” rating on the stock in a report on Monday, February 23rd. Argus raised HF Sinclair to a “hold” rating in a report on Tuesday, February 24th. Piper Sandler dropped their price objective on HF Sinclair from $67.00 to $63.00 and set an “overweight” rating on the stock in a report on Thursday, February 19th. Zacks Research raised HF Sinclair from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Finally, Weiss Ratings raised HF Sinclair from a “hold (c)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, HF Sinclair currently has a consensus rating of “Moderate Buy” and an average price target of $69.91.

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.