HF Sinclair Co. (NYSE:DINO) Shares Acquired by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co boosted its holdings in HF Sinclair Co. (NYSE:DINO) by 27.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,200 shares of the company’s stock after acquiring an additional 3,915 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in HF Sinclair were worth $638,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DINO. Cerity Partners LLC increased its holdings in shares of HF Sinclair by 53.4% in the 3rd quarter. Cerity Partners LLC now owns 31,551 shares of the company’s stock valued at $1,406,000 after purchasing an additional 10,988 shares in the last quarter. Daiwa Securities Group Inc. grew its position in HF Sinclair by 7.1% during the third quarter. Daiwa Securities Group Inc. now owns 12,100 shares of the company’s stock worth $539,000 after buying an additional 800 shares during the period. The Manufacturers Life Insurance Company increased its holdings in HF Sinclair by 3.0% in the third quarter. The Manufacturers Life Insurance Company now owns 150,580 shares of the company’s stock valued at $6,711,000 after buying an additional 4,417 shares in the last quarter. FMR LLC lifted its position in shares of HF Sinclair by 13.8% during the 3rd quarter. FMR LLC now owns 1,167,209 shares of the company’s stock valued at $52,023,000 after acquiring an additional 141,472 shares during the period. Finally, Townsquare Capital LLC purchased a new stake in shares of HF Sinclair during the 3rd quarter worth approximately $220,000. Institutional investors and hedge funds own 88.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Piper Sandler set a $46.00 price objective on HF Sinclair in a report on Friday, March 7th. Wells Fargo & Company lifted their price target on HF Sinclair from $42.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Friday, March 21st. Barclays lowered their price objective on shares of HF Sinclair from $37.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Friday, March 14th. JPMorgan Chase & Co. reduced 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. Finally, TD Cowen dropped their price objective on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a research note on Wednesday, December 18th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, HF Sinclair presently has a consensus rating of “Hold” and a consensus target price of $47.00.

HF Sinclair Stock Performance

NYSE:DINO opened at $33.07 on Monday. The company has a market cap of $6.23 billion, a P/E ratio of 40.33 and a beta of 1.13. The firm’s 50 day moving average is $35.03 and its two-hundred day moving average is $38.74. HF Sinclair Co. has a fifty-two week low of $29.85 and a fifty-two week 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.

HF Sinclair (NYSE:DINO) last issued its earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share for the quarter, missing the consensus estimate of ($0.91) by ($0.11). HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. The firm had revenue of $6.50 billion during the quarter, compared to analysts’ expectations of $6.56 billion. Analysts expect that HF Sinclair Co. will post 2.39 EPS for the current year.

HF Sinclair Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were issued a $0.50 dividend. The ex-dividend date was Thursday, March 6th. This represents a $2.00 annualized dividend and a yield of 6.05%. HF Sinclair’s payout ratio is 243.90%.

Insiders Place Their Bets

In other HF Sinclair news, Director Franklin Myers bought 5,000 shares of HF Sinclair stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average price of $35.66 per share, for a total transaction of $178,300.00. Following the acquisition, the director now owns 154,065 shares of the company’s stock, valued at $5,493,957.90. The trade was a 3.35 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 0.28% of the stock is owned by insiders.

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.