74,875 Shares in HF Sinclair Corporation $DINO Acquired by Ruffer LLP

Ruffer LLP acquired a new position in shares of HF Sinclair Corporation (NYSE:DINO) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 74,875 shares of the company’s stock, valued at approximately $3,919,000.

Several other hedge funds have also recently made changes to their positions in DINO. Goldman Sachs Group Inc. boosted its position in HF Sinclair by 14.6% in the first quarter. Goldman Sachs Group Inc. now owns 939,764 shares of the company’s stock valued at $30,899,000 after buying an additional 119,832 shares during the last quarter. Focus Partners Wealth lifted its position in HF Sinclair by 71.7% during the first 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 period. Farther Finance Advisors LLC grew its position in HF Sinclair by 157.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,722 shares of the company’s stock worth $71,000 after purchasing an additional 1,054 shares during the period. Signaturefd LLC raised its stake in shares of HF Sinclair by 37.8% during the 2nd quarter. Signaturefd LLC now owns 5,498 shares of the company’s stock valued at $226,000 after buying an additional 1,509 shares during the last quarter. Finally, Greenleaf Trust acquired a new position in shares of HF Sinclair in the 2nd quarter valued at about $250,000. 88.29% of the stock is owned by institutional investors and hedge funds.

HF Sinclair Trading Up 1.5%

Shares of HF Sinclair stock opened at $50.70 on Thursday. The stock has a 50 day moving average of $49.33 and a 200 day moving average of $49.72. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.97 and a current ratio of 1.91. The firm has a market capitalization of $9.33 billion, a price-to-earnings ratio of 24.26 and a beta of 0.84. HF Sinclair Corporation has a fifty-two week low of $24.66 and a fifty-two week high of $56.58.

HF Sinclair (NYSE:DINO) last announced its quarterly earnings results on Thursday, October 30th. The company reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.50. HF Sinclair had a net margin of 1.46% and a return on equity of 5.77%. The business had revenue of $7.25 billion during the quarter, compared to analysts’ expectations of $6.99 billion. During the same period last year, the business earned $0.51 earnings per share. The business’s revenue for the quarter was up .6% on a year-over-year basis. As a group, research analysts predict that HF Sinclair Corporation will post 2.39 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DINO. Wall Street Zen lowered shares of HF Sinclair from a “strong-buy” rating to a “buy” rating in a report on Monday, January 19th. Weiss Ratings restated a “hold (c)” rating on shares of HF Sinclair in a research note on Monday, December 29th. Piper Sandler lowered their price target on HF Sinclair from $68.00 to $67.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. Wells Fargo & Company initiated coverage on HF Sinclair in a research note on Friday, October 17th. They set an “equal weight” rating and a $58.00 target price for the company. Finally, UBS Group boosted their price target on shares of HF Sinclair from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.90.

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.