13,940 Shares in HF Sinclair Corporation $DINO Acquired by Banco Santander S.A.

Banco Santander S.A. acquired a new stake in HF Sinclair Corporation (NYSE:DINO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,940 shares of the company’s stock, valued at approximately $730,000.

A number of other institutional investors have also made changes to their positions in the company. Quent Capital LLC acquired a new stake in HF Sinclair during the 3rd quarter valued at $28,000. Johnson Financial Group Inc. acquired a new position in HF Sinclair in the 2nd quarter worth $33,000. State of Wyoming purchased a new position in HF Sinclair in the 2nd quarter valued at about $41,000. Hantz Financial Services Inc. boosted its position in HF Sinclair by 203.5% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,545 shares of the company’s stock valued at $63,000 after buying an additional 1,036 shares during the last quarter. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of HF Sinclair during the second quarter valued at about $70,000. 88.29% of the stock is owned by institutional investors and hedge funds.

HF Sinclair Stock Performance

DINO stock opened at $49.95 on Friday. The stock’s 50 day simple moving average is $50.92 and its 200 day simple moving average is $51.30. HF Sinclair Corporation has a 12-month low of $24.66 and a 12-month high of $59.33. The firm has a market cap of $9.19 billion, a P/E ratio of 16.27 and a beta of 0.87. The company has a current ratio of 1.91, a quick ratio of 0.97 and a debt-to-equity ratio of 0.29.

HF Sinclair (NYSE:DINO) last released its quarterly earnings data on Wednesday, February 18th. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.37. The firm had revenue of $6.46 billion during the quarter, compared to the consensus estimate of $6.19 billion. HF Sinclair had a net margin of 2.15% and a return on equity of 10.16%. The firm’s revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the company posted ($1.02) earnings per share. As a group, equities research analysts predict that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Monday, March 2nd will be paid a dividend of $0.50 per share. The ex-dividend date is Monday, March 2nd. This represents a $2.00 annualized dividend and a yield of 4.0%. HF Sinclair’s dividend payout ratio is 65.15%.

Analyst Upgrades and Downgrades

DINO has been the subject of a number of analyst reports. UBS Group increased their price target on HF Sinclair from $63.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Argus raised HF Sinclair to a “hold” rating in a research report on Tuesday, February 24th. Morgan Stanley set a $57.00 target price on HF Sinclair in a research note on Thursday, February 19th. Weiss Ratings restated a “hold (c)” rating on shares of HF Sinclair in a research note on Monday, December 29th. Finally, Barclays cut their price target on shares of HF Sinclair from $54.00 to $51.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $58.73.

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.