HF Sinclair Co. (NYSE:DINO) Holdings Raised by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. raised its stake in HF Sinclair Co. (NYSE:DINO) by 32.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,411 shares of the company’s stock after buying an additional 5,690 shares during the quarter. Legacy Capital Group California Inc.’s holdings in HF Sinclair were worth $821,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Pacer Advisors Inc. grew its stake in shares of HF Sinclair by 8.1% in the 3rd quarter. Pacer Advisors Inc. now owns 8,411,694 shares of the company’s stock valued at $374,909,000 after buying an additional 626,755 shares in the last quarter. Cambiar Investors LLC acquired a new stake in HF Sinclair in the fourth quarter valued at approximately $7,751,000. Kornitzer Capital Management Inc. KS grew its position in HF Sinclair by 72.2% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 433,155 shares of the company’s stock worth $15,182,000 after acquiring an additional 181,550 shares in the last quarter. AustralianSuper Pty Ltd increased its stake in shares of HF Sinclair by 11.7% during the 3rd quarter. AustralianSuper Pty Ltd now owns 1,678,196 shares of the company’s stock worth $74,797,000 after purchasing an additional 175,925 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of HF Sinclair by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,894,833 shares of the company’s stock valued at $218,163,000 after purchasing an additional 165,313 shares in the last quarter. 88.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Atanas H. Atanasov acquired 5,000 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were bought at an average cost of $33.77 per share, with a total value of $168,850.00. Following the completion of the transaction, the chief financial officer now directly owns 78,927 shares of the company’s stock, valued at $2,665,364.79. This trade represents a 6.76 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. TD Cowen cut their price target on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a report on Wednesday, December 18th. Mizuho cut their price target on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. JPMorgan Chase & Co. cut their price target on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, December 10th. UBS Group dropped their target price on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, November 4th. Finally, Barclays dropped their target price on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $51.00.

HF Sinclair Stock Down 0.9 %

HF Sinclair stock opened at $37.51 on Friday. The stock has a market capitalization of $7.06 billion, a PE ratio of 23.15 and a beta of 1.22. HF Sinclair Co. has a twelve month low of $33.47 and a twelve month high of $64.16. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. The company has a 50 day moving average of $36.01 and a 200-day moving average of $41.34.

HF Sinclair (NYSE:DINO) last announced its earnings results on Thursday, February 20th. The company reported ($1.02) EPS for the quarter, missing the consensus estimate of ($0.91) by ($0.11). HF Sinclair had a return on equity of 5.51% and a net margin of 1.10%. On average, equities research analysts anticipate that HF Sinclair Co. will post 1.34 EPS for the current fiscal year.

HF Sinclair Profile

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.