Caxton Associates LLP Sells 5,916 Shares of HF Sinclair Corporation $DINO

Caxton Associates LLP cut its holdings in HF Sinclair Corporation (NYSE:DINO) by 7.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 76,466 shares of the company’s stock after selling 5,916 shares during the period. Caxton Associates LLP’s holdings in HF Sinclair were worth $4,771,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Virtus Investment Advisers LLC grew its holdings in HF Sinclair by 5.9% during the fourth quarter. Virtus Investment Advisers LLC now owns 3,489 shares of the company’s stock valued at $161,000 after purchasing an additional 195 shares during the period. D.A. Davidson & CO. raised its stake in shares of HF Sinclair by 3.8% in the fourth quarter. D.A. Davidson & CO. now owns 5,791 shares of the company’s stock worth $267,000 after buying an additional 210 shares during the period. Unison Advisors LLC lifted its position in shares of HF Sinclair by 0.9% during the 4th quarter. Unison Advisors LLC now owns 23,315 shares of the company’s stock valued at $1,074,000 after buying an additional 218 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of HF Sinclair by 4.9% during the 4th quarter. Parallel Advisors LLC now owns 4,769 shares of the company’s stock valued at $220,000 after buying an additional 221 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in shares of HF Sinclair by 4.7% during the 1st quarter. Blue Trust Inc. now owns 5,109 shares of the company’s stock valued at $319,000 after acquiring an additional 228 shares during the period. Hedge funds and other institutional investors own 88.29% of the company’s stock.

HF Sinclair Stock Down 2.1%

Shares of DINO stock opened at $89.00 on Friday. The company’s fifty day simple moving average is $73.39 and its two-hundred day simple moving average is $62.87. HF Sinclair Corporation has a 52 week low of $42.16 and a 52 week high of $93.66. The stock has a market cap of $16.04 billion, a P/E ratio of 13.38 and a beta of 0.72. The company has a quick ratio of 0.88, a current ratio of 1.79 and a debt-to-equity ratio of 0.28.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings data 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 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%.The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted ($0.27) earnings per share. Analysts predict that HF Sinclair Corporation will post 10.81 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 11th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.2%. The ex-dividend date was Monday, May 11th. HF Sinclair’s dividend payout ratio (DPR) is currently 30.08%.

Analyst Upgrades and Downgrades

DINO has been the topic of a number of recent analyst reports. Scotiabank raised their target price on shares of HF Sinclair from $53.00 to $54.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 22nd. Wells Fargo & Company increased their price objective on shares of HF Sinclair from $58.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 31st. Evercore assumed coverage on shares of HF Sinclair in a research note on Friday, July 17th. They set an “in-line” rating and a $85.00 target price on the stock. Zacks Research downgraded shares of HF Sinclair from a “strong-buy” rating to a “hold” rating in a report on Friday, June 12th. Finally, Freedom Capital upgraded HF Sinclair to a “hold” rating in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, HF Sinclair has a consensus rating of “Hold” and a consensus target price of $79.08.

Insiders Place Their Bets

In other HF Sinclair news, Director Rhoman J. Hardy purchased 1,508 shares of HF Sinclair stock in a transaction that occurred on Tuesday, June 16th. The shares were bought at an average price of $66.32 per share, for a total transaction of $100,010.56. Following the completion of the transaction, the director owned 15,037 shares of the company’s stock, valued at approximately $997,253.84. This trade represents a 11.15% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Manuel J. Fernandez sold 635 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $73.09, for a total transaction of $46,412.15. Following the sale, the director directly owned 16,543 shares in the company, valued at approximately $1,209,127.87. The trade was a 3.70% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 13,736 shares of company stock worth $954,694. Insiders own 0.26% of the company’s stock.

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.