HF Sinclair Co. (NYSE:DINO) Shares Bought by Captrust Financial Advisors

Captrust Financial Advisors boosted its stake in HF Sinclair Co. (NYSE:DINO - Free Report) by 282.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 70,748 shares of the company's stock after purchasing an additional 52,273 shares during the quarter. Captrust Financial Advisors' holdings in HF Sinclair were worth $2,480,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of DINO. Wealth Enhancement Advisory Services LLC lifted its stake in shares of HF Sinclair by 2.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,091 shares of the company's stock valued at $669,000 after purchasing an additional 367 shares in the last quarter. Matrix Trust Co raised its holdings in HF Sinclair by 478.3% in the fourth quarter. Matrix Trust Co now owns 3,331 shares of the company's stock valued at $117,000 after buying an additional 2,755 shares during the period. Adams Asset Advisors LLC lifted its position in HF Sinclair by 30.5% during the fourth quarter. Adams Asset Advisors LLC now owns 252,356 shares of the company's stock valued at $8,845,000 after buying an additional 58,981 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in HF Sinclair during the fourth quarter worth approximately $175,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of HF Sinclair by 1,001.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,705 shares of the company's stock worth $165,000 after acquiring an additional 4,278 shares in the last quarter. Institutional investors and hedge funds own 88.29% of the company's stock.

Insider Activity at HF Sinclair

In other HF Sinclair news, Director Franklin Myers bought 5,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was purchased at an average price of $35.66 per share, for a total transaction of $178,300.00. Following the completion of the purchase, the director now directly owns 154,065 shares in the company, valued at approximately $5,493,957.90. This trade represents a 3.35% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.34% of the company's stock.

HF Sinclair Stock Up 0.0%

DINO stock traded up $0.01 during mid-day trading on Thursday, hitting $37.22. 2,114,678 shares of the company were exchanged, compared to its average volume of 2,461,240. The company has a market capitalization of $7.01 billion, a PE ratio of 45.39 and a beta of 0.81. The firm has a fifty day simple moving average of $31.21 and a 200 day simple moving average of $35.37. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. HF Sinclair Co. has a twelve month low of $24.66 and a twelve month high of $58.73.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.41) by $0.14. HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. The firm had revenue of $6.37 billion during the quarter, compared to analyst estimates of $6.72 billion. During the same period in the previous year, the company earned $0.71 earnings per share. HF Sinclair's quarterly revenue was down 9.3% on a year-over-year basis. On average, research analysts forecast that HF Sinclair Co. will post 2.39 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Thursday, May 15th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.37%. HF Sinclair's dividend payout ratio (DPR) is -259.74%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Scotiabank decreased their price target on shares of HF Sinclair from $51.00 to $49.00 and set a "sector outperform" rating for the company in a research report on Friday, April 11th. Mizuho upgraded HF Sinclair from a "neutral" rating to an "outperform" rating and boosted their price objective for the stock from $40.00 to $47.00 in a research note on Tuesday. Piper Sandler lowered their target price on HF Sinclair from $46.00 to $40.00 and set an "overweight" rating for the company in a research note on Friday, May 2nd. Wells Fargo & Company reduced their price target on HF Sinclair from $44.00 to $34.00 and set an "equal weight" rating on the stock in a research report on Friday, May 2nd. Finally, Morgan Stanley lowered their price objective on shares of HF Sinclair from $50.00 to $44.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $43.30.

About HF Sinclair

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.