192,349 Shares in HF Sinclair Co. (NYSE:DINO) Bought by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. bought a new stake in HF Sinclair Co. (NYSE:DINO - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 192,349 shares of the company's stock, valued at approximately $6,742,000. Deprince Race & Zollo Inc. owned 0.10% of HF Sinclair as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its position in HF Sinclair by 12.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,848,416 shares of the company's stock worth $240,026,000 after acquiring an additional 737,696 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in HF Sinclair by 12.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,512,051 shares of the company's stock worth $193,197,000 after purchasing an additional 617,218 shares during the period. First Trust Advisors LP grew its position in HF Sinclair by 53.7% in the 4th quarter. First Trust Advisors LP now owns 3,139,092 shares of the company's stock valued at $110,025,000 after buying an additional 1,096,485 shares in the last quarter. AQR Capital Management LLC increased its stake in HF Sinclair by 61.6% during the 4th quarter. AQR Capital Management LLC now owns 2,376,498 shares of the company's stock valued at $82,536,000 after buying an additional 906,225 shares during the period. Finally, Thompson Siegel & Walmsley LLC raised its position in shares of HF Sinclair by 114.1% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,114,575 shares of the company's stock worth $74,116,000 after buying an additional 1,126,825 shares in the last quarter. 88.29% of the stock is owned by institutional investors.

Insider Transactions at HF Sinclair

In related news, Director Franklin Myers bought 5,000 shares of HF Sinclair stock in a transaction on Wednesday, February 26th. The shares were purchased at an average price 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 in the company, valued at approximately $5,493,957.90. This represents a 3.35% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.34% of the company's stock.

HF Sinclair Stock Performance

HF Sinclair stock traded up $0.37 during trading hours on Wednesday, reaching $37.08. 1,294,198 shares of the company were exchanged, compared to its average volume of 3,264,637. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The stock has a 50-day moving average of $31.12 and a 200 day moving average of $35.35. The firm has a market cap of $6.99 billion, a price-to-earnings ratio of 45.22 and a beta of 0.81. HF Sinclair Co. has a 12 month low of $24.66 and a 12 month high of $58.73.

HF Sinclair (NYSE:DINO - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported ($0.27) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.41) by $0.14. HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. The business had revenue of $6.37 billion during the quarter, compared to analysts' expectations of $6.72 billion. During the same period in the prior year, the firm posted $0.71 EPS. HF Sinclair's quarterly revenue was down 9.3% compared to the same quarter last year. As a group, research analysts anticipate that HF Sinclair Co. will post 2.39 earnings per share for the current year.

HF Sinclair Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Thursday, May 15th will be given 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 yield of 5.39%. HF Sinclair's dividend payout ratio (DPR) is presently -259.74%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Barclays boosted their price objective on HF Sinclair from $29.00 to $32.00 and gave the stock an "equal weight" rating in a research note on Monday. Piper Sandler cut their price target on shares of HF Sinclair from $46.00 to $40.00 and set an "overweight" rating for the company in a report on Friday, May 2nd. Scotiabank dropped their target price 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. Morgan Stanley decreased their price target on shares of HF Sinclair from $50.00 to $44.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Finally, Wells Fargo & Company cut their target price 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. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, HF Sinclair has an average rating of "Moderate Buy" and a consensus target price 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.