Sanctuary Advisors LLC Has $1.09 Million Stake in HF Sinclair Corporation $DINO

Sanctuary Advisors LLC grew its position in HF Sinclair Corporation (NYSE:DINO) by 107.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 23,720 shares of the company’s stock after buying an additional 12,262 shares during the quarter. Sanctuary Advisors LLC’s holdings in HF Sinclair were worth $1,093,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Goldman Sachs Group Inc. grew its position in HF Sinclair by 14.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 939,764 shares of the company’s stock worth $30,899,000 after acquiring an additional 119,832 shares during the last quarter. Focus Partners Wealth raised its position in HF Sinclair by 71.7% in the 1st quarter. Focus Partners Wealth now owns 19,400 shares of the company’s stock valued at $638,000 after purchasing an additional 8,102 shares during the last quarter. Amundi raised its position in HF Sinclair by 7.7% in the 2nd quarter. Amundi now owns 174,199 shares of the company’s stock valued at $7,588,000 after purchasing an additional 12,387 shares during the last quarter. Jump Financial LLC acquired a new position in HF Sinclair in the second quarter worth $209,000. Finally, Cerity Partners LLC grew its holdings in shares of HF Sinclair by 25.7% during the second quarter. Cerity Partners LLC now owns 145,047 shares of the company’s stock worth $5,959,000 after purchasing an additional 29,635 shares during the last quarter. 88.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Barclays raised their target price on HF Sinclair from $61.00 to $71.00 and gave the company an “equal weight” rating in a research note on Monday. Morgan Stanley set a $69.00 price objective on shares of HF Sinclair in a report on Monday. Wall Street Zen cut shares of HF Sinclair from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 12th. Wells Fargo & Company boosted their target price 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. Finally, UBS Group upped their target price on shares of HF Sinclair from $65.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $68.09.

HF Sinclair Stock Performance

DINO stock opened at $74.49 on Wednesday. HF Sinclair Corporation has a twelve month low of $32.39 and a twelve month high of $74.73. The company has a quick ratio of 0.90, a current ratio of 1.79 and a debt-to-equity ratio of 0.28. The company has a market cap of $13.43 billion, a P/E ratio of 11.20 and a beta of 0.72. The business’s fifty day moving average is $58.59 and its 200-day moving average is $54.09.

HF Sinclair (NYSE:DINO) last announced its quarterly earnings data 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 analysts’ expectations of $6.83 billion. HF Sinclair had a return on equity of 11.94% and a net margin of 4.46%.The firm’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.27) earnings per share. Equities research analysts forecast that HF Sinclair Corporation will post 7.11 EPS for the current year.

HF Sinclair Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, May 11th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Monday, May 11th. HF Sinclair’s payout ratio is presently 30.08%.

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.