Cerity Partners LLC Purchases 33,258 Shares of HF Sinclair Co. (NYSE:DINO)

Cerity Partners LLC lifted its stake in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 105.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,809 shares of the company's stock after purchasing an additional 33,258 shares during the quarter. Cerity Partners LLC's holdings in HF Sinclair were worth $2,351,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of HF Sinclair by 12.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,512,051 shares of the company's stock valued at $193,197,000 after purchasing an additional 617,218 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its stake in HF Sinclair by 114.1% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,114,575 shares of the company's stock valued at $74,116,000 after buying an additional 1,126,825 shares in the last quarter. Amundi grew its position in HF Sinclair by 132.3% in the fourth quarter. Amundi now owns 1,748,994 shares of the company's stock valued at $61,025,000 after acquiring an additional 996,155 shares during the last quarter. Norges Bank acquired a new position in HF Sinclair during the fourth quarter worth about $41,317,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of HF Sinclair by 4.1% in the third quarter. JPMorgan Chase & Co. now owns 849,117 shares of the company's stock worth $37,845,000 after acquiring an additional 33,373 shares during the last quarter. Institutional investors own 88.29% of the company's stock.

HF Sinclair Trading Up 0.4 %

HF Sinclair stock traded up $0.12 during mid-day trading on Monday, hitting $29.15. 2,704,064 shares of the stock were exchanged, compared to its average volume of 2,389,214. The firm's fifty day simple moving average is $32.22 and its two-hundred day simple moving average is $36.66. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. HF Sinclair Co. has a 12 month low of $24.66 and a 12 month high of $58.73. The stock has a market capitalization of $5.49 billion, a price-to-earnings ratio of 35.55 and a beta of 1.00.

HF Sinclair (NYSE:DINO - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.91) by ($0.11). HF Sinclair had a net margin of 0.62% and a return on equity of 1.98%. The firm had revenue of $6.50 billion during the quarter, compared to analyst estimates of $6.56 billion. Analysts forecast that HF Sinclair Co. will post 2.39 EPS for the current year.

HF Sinclair Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 6.86%. The ex-dividend date was Thursday, March 6th. HF Sinclair's dividend payout ratio (DPR) is 243.90%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on DINO. Scotiabank decreased their price target on shares of HF Sinclair from $51.00 to $49.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. Piper Sandler set a $46.00 price target on shares of HF Sinclair in a report on Friday, March 7th. Mizuho dropped their price target on HF Sinclair from $45.00 to $40.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Wells Fargo & Company boosted their price objective on HF Sinclair from $42.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Friday, March 21st. Finally, Morgan Stanley lowered their target price on HF Sinclair from $51.00 to $50.00 and set an "overweight" rating for the company in a report on Friday, March 14th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $45.10.

Insider Activity

In related news, Director Franklin Myers purchased 5,000 shares of HF Sinclair stock in a transaction on Wednesday, February 26th. The stock was acquired at an average cost of $35.66 per share, for a total transaction of $178,300.00. Following the completion of the acquisition, the director now owns 154,065 shares of the company's stock, valued at $5,493,957.90. This trade represents a 3.35 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.28% of the stock is currently owned by company insiders.

HF Sinclair Profile

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.