HF Sinclair Corporation $DINO Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP raised its position in HF Sinclair Corporation (NYSE:DINO) by 121.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 33,842 shares of the company’s stock after acquiring an additional 18,555 shares during the period. GSA Capital Partners LLP’s holdings in HF Sinclair were worth $1,559,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in DINO. V Square Quantitative Management LLC acquired a new stake in shares of HF Sinclair in the 4th quarter worth $26,000. State of Wyoming acquired a new stake in shares of HF Sinclair in the 2nd quarter worth $41,000. Torren Management LLC acquired a new stake in shares of HF Sinclair in the 4th quarter worth $55,000. CI Investments Inc. lifted its stake in shares of HF Sinclair by 20.0% in the 3rd quarter. CI Investments Inc. now owns 1,121 shares of the company’s stock worth $59,000 after acquiring an additional 187 shares during the period. Finally, Bessemer Group Inc. lifted its stake in shares of HF Sinclair by 21.2% in the 3rd quarter. Bessemer Group Inc. now owns 1,433 shares of the company’s stock worth $74,000 after acquiring an additional 251 shares during the period. Institutional investors and hedge funds own 88.29% of the company’s stock.

HF Sinclair Stock Performance

Shares of NYSE DINO opened at $71.82 on Wednesday. The company has a market cap of $12.95 billion, a PE ratio of 10.80 and a beta of 0.72. HF Sinclair Corporation has a 12 month low of $34.42 and a 12 month 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 company has a 50-day simple moving average of $62.20 and a 200-day simple moving average of $55.34.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.75. The business had revenue of $7.12 billion during the quarter, compared to the consensus estimate of $6.83 billion. HF Sinclair had a net margin of 4.46% and a return on equity of 11.94%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.27) earnings per share. On average, equities analysts anticipate that HF Sinclair Corporation will post 8.9 earnings per share for the current year.

HF Sinclair Dividend Announcement

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

Insider Activity

In related news, EVP Valerie Pompa sold 10,000 shares of the firm’s stock in a transaction that occurred 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 sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on DINO shares. Mizuho raised their target price on shares of HF Sinclair from $63.00 to $69.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. Weiss Ratings upgraded shares of HF Sinclair from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. UBS Group raised their target price on shares of HF Sinclair from $65.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. TD Cowen increased 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, Scotiabank increased their price target on shares of HF Sinclair from $53.00 to $54.00 and gave the company a “sector perform” rating in a report on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $69.91.

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.