Thompson Siegel & Walmsley LLC Decreases Holdings in HF Sinclair Corporation $DINO

Thompson Siegel & Walmsley LLC decreased its position in HF Sinclair Corporation (NYSE:DINO) by 22.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,288,866 shares of the company’s stock after selling 373,237 shares during the quarter. HF Sinclair accounts for 1.0% of Thompson Siegel & Walmsley LLC’s portfolio, making the stock its 27th largest position. Thompson Siegel & Walmsley LLC’s holdings in HF Sinclair were worth $59,391,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in shares of HF Sinclair in the 4th quarter valued at $26,000. State of Wyoming bought a new stake in HF Sinclair in the second quarter worth $41,000. Torren Management LLC purchased a new stake in HF Sinclair during the fourth quarter valued at about $55,000. CI Investments Inc. boosted its position in HF Sinclair by 20.0% during the third quarter. CI Investments Inc. now owns 1,121 shares of the company’s stock valued at $59,000 after buying an additional 187 shares during the period. Finally, Bessemer Group Inc. grew its stake in shares of HF Sinclair by 21.2% during the third quarter. Bessemer Group Inc. now owns 1,433 shares of the company’s stock valued at $74,000 after buying an additional 251 shares during the last quarter. Hedge funds and other institutional investors own 88.29% of the company’s stock.

HF Sinclair Price Performance

Shares of HF Sinclair stock opened at $69.99 on Monday. The business has a 50 day moving average of $64.29 and a 200 day moving average of $56.24. HF Sinclair Corporation has a 52 week low of $35.10 and a 52 week high of $74.72. The company has a market cap of $12.62 billion, a PE ratio of 10.52 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 (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.75. HF Sinclair had a net margin of 4.46% and a return on equity of 11.94%. The business had revenue of $7.12 billion for the quarter, compared to the consensus estimate of $6.83 billion. During the same period in the previous year, the firm earned ($0.27) EPS. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. As a group, equities research analysts forecast that HF Sinclair Corporation will post 8.7 earnings per share for the current year.

HF Sinclair Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, May 11th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, May 11th. HF Sinclair’s dividend payout ratio is presently 30.08%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on DINO shares. Barclays boosted 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, May 4th. Wall Street Zen raised HF Sinclair from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Zacks Research upgraded shares of HF Sinclair from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $81.00 target price on shares of HF Sinclair in a research note on Wednesday, May 6th. Finally, TD Cowen increased their price target on shares of HF Sinclair from $68.00 to $80.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, HF Sinclair has a consensus rating of “Moderate Buy” and a consensus price target of $70.82.

Insiders Place Their Bets

In other news, SVP Matthew Joyce sold 2,384 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $69.73, for a total value of $166,236.32. Following the completion of the transaction, the senior vice president owned 14,797 shares in the company, valued at $1,031,794.81. This trade represents a 13.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Vivek Garg sold 717 shares of HF Sinclair stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $71.89, for a total value of $51,545.13. Following the sale, the chief financial officer owned 11,475 shares in the company, valued at $824,937.75. This represents a 5.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,101 shares of company stock worth $908,281 over the last three months. Company 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.