HF Sinclair Corporation $DINO Shares Acquired by Diversified Trust Co

Diversified Trust Co raised its position in shares of HF Sinclair Corporation (NYSE:DINO) by 211.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,509 shares of the company’s stock after purchasing an additional 30,901 shares during the period. Diversified Trust Co’s holdings in HF Sinclair were worth $2,382,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fort Washington Investment Advisors Inc. OH raised its holdings in shares of HF Sinclair by 33.9% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 492,041 shares of the company’s stock valued at $25,753,000 after buying an additional 124,441 shares during the last quarter. Ethic Inc. acquired a new stake in HF Sinclair in the 3rd quarter valued at approximately $206,000. Stockman Wealth Management Inc. bought a new stake in HF Sinclair during the 3rd quarter valued at $207,000. Burns Matteson Capital Management LLC bought a new stake in HF Sinclair during the 3rd quarter valued at $542,000. Finally, Blue Trust Inc. boosted its position in HF Sinclair by 13.8% during the 3rd quarter. Blue Trust Inc. now owns 5,661 shares of the company’s stock worth $296,000 after acquiring an additional 688 shares during the period. Institutional investors own 88.29% of the company’s stock.

HF Sinclair Stock Performance

Shares of DINO opened at $46.26 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.91 and a quick ratio of 0.97. The firm’s 50 day moving average is $51.46 and its 200-day moving average is $48.83. HF Sinclair Corporation has a 12-month low of $24.66 and a 12-month high of $56.58. The stock has a market capitalization of $8.51 billion, a P/E ratio of 22.13 and a beta of 0.84.

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

HF Sinclair Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Wednesday, November 19th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $2.00 annualized dividend and a dividend yield of 4.3%. HF Sinclair’s dividend payout ratio (DPR) is currently 95.69%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DINO shares. Zacks Research lowered HF Sinclair from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Barclays raised their target price on shares of HF Sinclair from $45.00 to $54.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 1st. Wall Street Zen raised shares of HF Sinclair from a “buy” rating to a “strong-buy” rating in a research note on Monday, November 10th. Piper Sandler increased their price objective on shares of HF Sinclair from $59.00 to $64.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Finally, Scotiabank reissued an “outperform” rating on shares of HF Sinclair in a report on Thursday, October 9th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $60.20.

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.