LSV Asset Management Cuts Stock Holdings in HF Sinclair Corporation $DINO

LSV Asset Management lessened its holdings in HF Sinclair Corporation (NYSE:DINO) by 9.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,269,493 shares of the company’s stock after selling 352,058 shares during the period. LSV Asset Management owned about 1.75% of HF Sinclair worth $171,125,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DINO. Caprock Group LLC purchased a new position in HF Sinclair during the third quarter valued at approximately $560,000. Krilogy Financial LLC bought a new stake in HF Sinclair during the 3rd quarter valued at $906,000. Advisors Asset Management Inc. increased its holdings in shares of HF Sinclair by 7.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 156,778 shares of the company’s stock valued at $8,206,000 after acquiring an additional 11,417 shares during the period. Western Wealth Management LLC purchased a new position in shares of HF Sinclair in the 3rd quarter valued at $246,000. Finally, Smartleaf Asset Management LLC raised its position in shares of HF Sinclair by 546.2% in the 3rd quarter. Smartleaf Asset Management LLC now owns 3,612 shares of the company’s stock worth $190,000 after acquiring an additional 3,053 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors.

HF Sinclair Stock Up 2.0%

DINO stock opened at $58.80 on Thursday. The stock has a market capitalization of $10.82 billion, a PE ratio of 28.13 and a beta of 0.87. HF Sinclair Corporation has a 52 week low of $24.66 and a 52 week high of $59.11. The company has a quick ratio of 0.97, a current ratio of 1.91 and a debt-to-equity ratio of 0.29. The firm has a 50 day moving average of $49.97 and a 200 day moving average of $50.53.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on DINO shares. Raymond James Financial reaffirmed a “strong-buy” rating and set a $65.00 price objective (up previously from $60.00) on shares of HF Sinclair in a research report on Friday, October 17th. Barclays decreased their price target on shares of HF Sinclair from $54.00 to $51.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 13th. Weiss Ratings restated a “hold (c)” rating on shares of HF Sinclair in a report on Monday, December 29th. Wells Fargo & Company began coverage on shares of HF Sinclair in a research note on Friday, October 17th. They set an “equal weight” rating and a $58.00 price objective for the company. Finally, Mizuho increased their target price on shares of HF Sinclair from $62.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.