River Road Asset Management LLC Has $31.72 Million Stake in HF Sinclair Corporation $DINO

River Road Asset Management LLC lowered its holdings in HF Sinclair Corporation (NYSE:DINO) by 10.8% in the fourth quarter, Holdings Channel reports. The firm owned 688,431 shares of the company’s stock after selling 83,194 shares during the quarter. River Road Asset Management LLC’s holdings in HF Sinclair were worth $31,723,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC bought a new stake in HF Sinclair during the 4th quarter worth about $26,000. REAP Financial Group LLC bought a new position in shares of HF Sinclair in the 4th quarter valued at about $29,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of HF Sinclair in the fourth quarter valued at about $43,000. State of Wyoming acquired a new stake in shares of HF Sinclair in the second quarter valued at about $41,000. Finally, CI Investments Inc. raised its holdings in HF Sinclair by 20.0% during the third quarter. CI Investments Inc. now owns 1,121 shares of the company’s stock worth $59,000 after acquiring an additional 187 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

HF Sinclair Price Performance

NYSE:DINO opened at $64.33 on Friday. HF Sinclair Corporation has a one year low of $40.09 and a one year high of $74.72. The company has a market cap of $11.60 billion, a P/E ratio of 9.67 and a beta of 0.72. The firm’s fifty day moving average price is $66.69 and its two-hundred day moving average price is $57.83. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.79 and a quick ratio of 0.88.

HF Sinclair (NYSE:DINO) last posted its earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.75. The company had revenue of $7.12 billion during the quarter, compared to analysts’ expectations of $6.83 billion. HF Sinclair had a net margin of 4.46% and a return on equity of 11.94%. HF Sinclair’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.27) EPS. Equities analysts expect that HF Sinclair Corporation will post 8.9 earnings per share for the current year.

HF Sinclair Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 11th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Monday, May 11th. HF Sinclair’s dividend payout ratio is currently 30.08%.

Insider Transactions at HF Sinclair

In other news, Director Manuel J. Fernandez sold 635 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $73.09, for a total value of $46,412.15. Following the transaction, the director owned 16,543 shares of the company’s stock, valued at approximately $1,209,127.87. This represents a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Vivek Garg sold 717 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $71.89, for a total value of $51,545.13. Following the transaction, the chief financial officer owned 11,475 shares in the company, valued at approximately $824,937.75. This trade represents a 5.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 13,736 shares of company stock worth $954,694. 0.26% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts recently commented on the company. Piper Sandler reduced their price target on HF Sinclair from $67.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. Barclays raised their target price on shares of HF Sinclair from $61.00 to $71.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Weiss Ratings upgraded shares of HF Sinclair from a “hold (c)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Wells Fargo & Company upped their price target on shares of HF Sinclair from $58.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 31st. Finally, Zacks Research cut shares of HF Sinclair from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, HF Sinclair presently has an average rating of “Hold” and a consensus target price of $71.64.

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.