Securian Asset Management Inc. Buys 893 Shares of HF Sinclair Co. (NYSE:DINO)

Securian Asset Management Inc. increased its holdings in shares of HF Sinclair Co. (NYSE:DINOFree Report) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,212 shares of the company’s stock after purchasing an additional 893 shares during the period. Securian Asset Management Inc.’s holdings in HF Sinclair were worth $734,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in DINO. Pacer Advisors Inc. increased its holdings in shares of HF Sinclair by 55.0% during the fourth quarter. Pacer Advisors Inc. now owns 4,666,579 shares of the company’s stock valued at $259,322,000 after acquiring an additional 1,656,704 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of HF Sinclair by 5.5% during the 3rd quarter. Vanguard Group Inc. now owns 16,665,477 shares of the company’s stock valued at $948,766,000 after buying an additional 869,429 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of HF Sinclair during the 3rd quarter valued at $41,728,000. Korea Investment CORP lifted its position in shares of HF Sinclair by 584.0% during the 3rd quarter. Korea Investment CORP now owns 283,962 shares of the company’s stock valued at $16,166,000 after buying an additional 242,447 shares during the last quarter. Finally, AustralianSuper Pty Ltd lifted its position in shares of HF Sinclair by 27.3% during the 4th quarter. AustralianSuper Pty Ltd now owns 1,075,803 shares of the company’s stock valued at $59,782,000 after buying an additional 230,834 shares during the last quarter. Institutional investors and hedge funds own 88.29% of the company’s stock.

Insider Activity at HF Sinclair

In related news, EVP Valerie Pompa sold 7,000 shares of the stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $57.53, for a total transaction of $402,710.00. Following the completion of the sale, the executive vice president now directly owns 29,617 shares in the company, valued at approximately $1,703,866.01. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, EVP Valerie Pompa sold 7,000 shares of the stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $57.53, for a total transaction of $402,710.00. Following the completion of the sale, the executive vice president now directly owns 29,617 shares in the company, valued at approximately $1,703,866.01. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Manuel J. Fernandez sold 1,213 shares of the stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $61.10, for a total value of $74,114.30. Following the completion of the sale, the director now owns 9,828 shares of the company’s stock, valued at approximately $600,490.80. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

HF Sinclair Price Performance

Shares of NYSE DINO opened at $56.51 on Thursday. The firm has a market capitalization of $10.86 billion, a P/E ratio of 6.99 and a beta of 1.31. The company has a quick ratio of 1.09, a current ratio of 2.17 and a debt-to-equity ratio of 0.26. The stock’s 50-day simple moving average is $58.49 and its two-hundred day simple moving average is $56.51. HF Sinclair Co. has a twelve month low of $41.09 and a twelve month high of $64.16.

HF Sinclair (NYSE:DINOGet Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.55 by $0.16. The firm had revenue of $7.03 billion for the quarter, compared to analyst estimates of $7.54 billion. HF Sinclair had a return on equity of 15.10% and a net margin of 4.94%. The company’s revenue was down 7.1% on a year-over-year basis. During the same period in the prior year, the company earned $2.00 EPS. As a group, equities analysts anticipate that HF Sinclair Co. will post 6.17 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Wednesday, May 22nd will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, May 21st. This represents a $2.00 annualized dividend and a dividend yield of 3.54%. HF Sinclair’s dividend payout ratio (DPR) is presently 24.75%.

Analyst Ratings Changes

A number of research analysts have recently commented on DINO shares. Mizuho dropped their price target on HF Sinclair from $65.00 to $64.00 and set a “neutral” rating on the stock in a research report on Monday, May 13th. UBS Group raised HF Sinclair from a “neutral” rating to a “buy” rating and upped their price target for the company from $64.00 to $73.00 in a research report on Wednesday, February 14th. Wells Fargo & Company increased their price objective on HF Sinclair from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Thursday, February 22nd. Barclays began coverage on HF Sinclair in a report on Monday, February 26th. They set an “equal weight” rating and a $60.00 price objective on the stock. Finally, Bank of America raised HF Sinclair from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $62.00 to $78.00 in a report on Friday, March 15th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, HF Sinclair currently has a consensus rating of “Moderate Buy” and a consensus price target of $64.92.

Check Out Our Latest Stock Report on HF Sinclair

HF Sinclair Profile

(Free Report)

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.

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Institutional Ownership by Quarter for HF Sinclair (NYSE:DINO)

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