HF Sinclair Corporation $DINO Stock Position Raised by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lifted its position in HF Sinclair Corporation (NYSE:DINO) by 12.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 622,693 shares of the company’s stock after acquiring an additional 66,824 shares during the quarter. Los Angeles Capital Management LLC’s holdings in HF Sinclair were worth $28,694,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Havemeyer Place LP purchased a new stake in shares of HF Sinclair in the 4th quarter valued at approximately $978,000. 111 Capital purchased a new stake in shares of HF Sinclair in the 4th quarter valued at approximately $226,000. Vestcor Inc purchased a new stake in shares of HF Sinclair in the 4th quarter valued at approximately $226,000. Parallel Advisors LLC lifted its position in shares of HF Sinclair by 4.9% in the 4th quarter. Parallel Advisors LLC now owns 4,769 shares of the company’s stock valued at $220,000 after acquiring an additional 221 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its position in shares of HF Sinclair by 63.6% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 6,989 shares of the company’s stock valued at $322,000 after acquiring an additional 2,718 shares in the last quarter. Hedge funds and other institutional investors own 88.29% of the company’s stock.

HF Sinclair Stock Performance

Shares of DINO opened at $71.38 on Monday. The company has a market capitalization of $12.87 billion, a PE ratio of 10.73 and a beta of 0.72. HF Sinclair Corporation has a one year low of $36.65 and a one year high of $74.72. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.79 and a quick ratio of 0.88. The company’s fifty day moving average price is $65.47 and its 200 day moving average price is $56.85.

HF Sinclair (NYSE:DINO) last announced its earnings results on Friday, May 1st. The company reported $0.69 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.75. The firm had revenue of $7.12 billion for the quarter, compared to the consensus estimate of $6.83 billion. HF Sinclair had a net margin of 4.46% and a return on equity of 11.94%. The business’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.27) EPS. As a group, analysts expect that HF Sinclair Corporation will post 8.77 earnings per share for the current year.

HF Sinclair Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 11th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, May 11th. HF Sinclair’s dividend payout ratio (DPR) is currently 30.08%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on DINO shares. The Goldman Sachs Group restated a “buy” rating and issued a $81.00 price target on shares of HF Sinclair in a research report on Wednesday, May 6th. Morgan Stanley set a $69.00 price target on shares of HF Sinclair in a research report on Monday, May 4th. Scotiabank upped their price target on shares of HF Sinclair from $53.00 to $54.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 22nd. Zacks Research upgraded shares of HF Sinclair from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, Piper Sandler dropped their price objective on shares of HF Sinclair from $67.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, HF Sinclair presently has a consensus rating of “Moderate Buy” and a consensus price target of $70.82.

Insider Activity at HF Sinclair

In other HF Sinclair news, EVP Valerie Pompa sold 10,000 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $69.05, for a total value of $690,500.00. Following the sale, the executive vice president directly owned 43,098 shares in the company, valued at $2,975,916.90. This trade represents a 18.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Matthew Joyce sold 2,384 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $69.73, for a total transaction of $166,236.32. Following the completion of the sale, the senior vice president owned 14,797 shares in the company, valued at $1,031,794.81. This represents a 13.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 13,736 shares of company stock valued at $954,694. Company insiders own 0.26% of the company’s stock.

HF Sinclair Company 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.