8,151 Shares in HF Sinclair Corporation $DINO Purchased by Ellevest Inc.

Ellevest Inc. bought a new stake in shares of HF Sinclair Corporation (NYSE:DINO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 8,151 shares of the company’s stock, valued at approximately $376,000.

Several other institutional investors also recently added to or reduced their stakes in DINO. V Square Quantitative Management LLC acquired a new stake in shares of HF Sinclair in the fourth quarter worth $26,000. State of Wyoming acquired a new position in HF Sinclair during the 2nd quarter valued at $41,000. Torren Management LLC acquired a new position in HF Sinclair during the 4th quarter valued at $55,000. CI Investments Inc. boosted its holdings in HF Sinclair by 20.0% in the 3rd quarter. CI Investments Inc. now owns 1,121 shares of the company’s stock valued at $59,000 after purchasing an additional 187 shares during the period. Finally, Bessemer Group Inc. grew its position in HF Sinclair by 21.2% in the 3rd quarter. Bessemer Group Inc. now owns 1,433 shares of the company’s stock worth $74,000 after purchasing an additional 251 shares during the last quarter. 88.29% of the stock is owned by institutional investors.

HF Sinclair Stock Performance

Shares of NYSE:DINO opened at $73.07 on Wednesday. HF Sinclair Corporation has a twelve month low of $35.23 and a twelve month high of $74.72. The firm has a market cap of $13.17 billion, a PE ratio of 10.99 and a beta of 0.72. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.88 and a current ratio of 1.79. The business has a fifty day moving average of $64.50 and a 200-day moving average of $56.35.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.75. HF Sinclair had a net margin of 4.46% and a return on equity of 11.94%. The business had revenue of $7.12 billion for the quarter, compared to the consensus estimate of $6.83 billion. During the same quarter in the prior year, the company earned ($0.27) EPS. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. On average, equities research analysts predict that HF Sinclair Corporation will post 8.7 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 11th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, May 11th. HF Sinclair’s dividend payout ratio is presently 30.08%.

Insider Activity at HF Sinclair

In related news, CFO Vivek Garg sold 717 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $71.89, for a total value of $51,545.13. Following the completion of the transaction, the chief financial officer owned 11,475 shares in the company, valued at $824,937.75. The trade was a 5.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Valerie Pompa sold 10,000 shares of HF Sinclair 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 completion of the sale, the executive vice president directly owned 43,098 shares of the company’s stock, valued at $2,975,916.90. This trade represents a 18.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 13,101 shares of company stock valued at $908,281 over the last quarter. Corporate insiders own 0.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on DINO. TD Cowen upped their price objective on shares of HF Sinclair from $68.00 to $80.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Piper Sandler decreased their target price on HF Sinclair from $67.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. UBS Group boosted their price target on HF Sinclair from $65.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Raymond James Financial raised their price objective on HF Sinclair from $66.00 to $75.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, March 25th. Finally, Wells Fargo & Company lifted their price objective on HF Sinclair from $58.00 to $67.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 31st. Two 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $70.82.

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.