HF Sinclair Co. (NYSE:DINO - Get Free Report) CFO Atanas H. Atanasov bought 5,000 shares of the stock in a transaction dated Thursday, December 19th. The shares were acquired at an average price of $33.77 per share, with a total value of $168,850.00. Following the completion of the acquisition, the chief financial officer now directly owns 78,927 shares of the company's stock, valued at approximately $2,665,364.79. The trade was a 6.76 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
HF Sinclair Stock Performance
Shares of DINO stock opened at $33.67 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. The company has a 50 day moving average price of $41.06 and a 200-day moving average price of $46.09. HF Sinclair Co. has a 52 week low of $33.52 and a 52 week high of $64.16. The firm has a market capitalization of $6.34 billion, a PE ratio of 20.78 and a beta of 1.20.
HF Sinclair (NYSE:DINO - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.19. The business had revenue of $7.21 billion during the quarter, compared to the consensus estimate of $7.11 billion. HF Sinclair had a net margin of 1.10% and a return on equity of 5.51%. The firm's revenue was down 19.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.06 EPS. As a group, equities research analysts expect that HF Sinclair Co. will post 2.27 earnings per share for the current year.
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The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Thursday, November 21st were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date of this dividend was Thursday, November 21st. HF Sinclair's dividend payout ratio (DPR) is presently 123.46%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Matrix Trust Co increased its position in shares of HF Sinclair by 122.4% during the 3rd quarter. Matrix Trust Co now owns 576 shares of the company's stock valued at $26,000 after purchasing an additional 317 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in HF Sinclair during the third quarter valued at approximately $27,000. Innealta Capital LLC purchased a new stake in HF Sinclair during the second quarter valued at approximately $34,000. Massmutual Trust Co. FSB ADV raised its position in HF Sinclair by 82.2% in the third quarter. Massmutual Trust Co. FSB ADV now owns 820 shares of the company's stock worth $37,000 after acquiring an additional 370 shares during the period. Finally, Millburn Ridgefield Corp purchased a new position in shares of HF Sinclair during the 3rd quarter worth $50,000. 88.29% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
DINO has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their price objective on HF Sinclair from $51.00 to $50.00 and set a "neutral" rating for the company in a research report on Tuesday, December 10th. Morgan Stanley reduced their price target on HF Sinclair from $63.00 to $57.00 and set an "overweight" rating for the company in a report on Monday, September 16th. Scotiabank dropped their price target on shares of HF Sinclair from $66.00 to $57.00 and set a "sector outperform" rating on the stock in a research note on Thursday, October 10th. Barclays cut their price objective on shares of HF Sinclair from $44.00 to $42.00 and set an "equal weight" rating on the stock in a research report on Monday, November 11th. Finally, UBS Group decreased their target price on shares of HF Sinclair from $58.00 to $55.00 and set a "buy" rating for the company in a report on Monday, November 4th. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $51.45.
Read Our Latest Analysis on DINO
HF Sinclair Company Profile
(
Get Free Report)
HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.
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