Achmea Investment Management B.V. Has $485,000 Stake in HF Sinclair Corporation (NYSE:DINO)

Achmea Investment Management B.V. lowered its stake in HF Sinclair Corporation (NYSE:DINO - Free Report) by 88.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,764 shares of the company's stock after selling 118,098 shares during the quarter. Achmea Investment Management B.V.'s holdings in HF Sinclair were worth $485,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. IFP Advisors Inc boosted its holdings in shares of HF Sinclair by 33.4% during the 4th quarter. IFP Advisors Inc now owns 1,666 shares of the company's stock valued at $58,000 after acquiring an additional 417 shares in the last quarter. Proficio Capital Partners LLC bought a new position in HF Sinclair in the fourth quarter valued at about $819,000. Metis Global Partners LLC bought a new position in HF Sinclair in the fourth quarter valued at about $360,000. Keynote Financial Services LLC boosted its stake in shares of HF Sinclair by 42.5% during the fourth quarter. Keynote Financial Services LLC now owns 21,418 shares of the company's stock valued at $751,000 after purchasing an additional 6,389 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of HF Sinclair by 83.7% during the fourth quarter. Jones Financial Companies Lllp now owns 38,198 shares of the company's stock worth $1,339,000 after purchasing an additional 17,404 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

HF Sinclair Stock Performance

Shares of DINO opened at $41.24 on Monday. The firm's fifty day simple moving average is $35.96 and its two-hundred day simple moving average is $34.64. HF Sinclair Corporation has a 12 month low of $24.66 and a 12 month high of $54.48. The company has a current ratio of 1.87, a quick ratio of 0.76 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $7.77 billion, a P/E ratio of -53.56 and a beta of 0.90.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported ($0.27) EPS for the quarter, beating the consensus estimate of ($0.41) by $0.14. The company had revenue of $6.37 billion for the quarter, compared to analyst estimates of $6.72 billion. HF Sinclair had a positive return on equity of 0.05% and a negative net margin of 0.51%. The firm's revenue for the quarter was down 9.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.71 EPS. As a group, analysts predict that HF Sinclair Corporation 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 Tuesday, June 3rd. Stockholders of record on Thursday, May 15th were paid a $0.50 dividend. The ex-dividend date was Thursday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 4.85%. HF Sinclair's dividend payout ratio is currently -259.74%.

Analyst Ratings Changes

DINO has been the subject of a number of research reports. Barclays raised their price objective on shares of HF Sinclair from $29.00 to $32.00 and gave the company an "equal weight" rating in a report on Monday, May 12th. Mizuho upgraded shares of HF Sinclair from a "neutral" rating to an "outperform" rating and upped their price target for the company from $40.00 to $47.00 in a research report on Tuesday, May 13th. Scotiabank cut 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 reduced their price objective on shares of HF Sinclair from $46.00 to $40.00 and set an "overweight" rating on the stock in a research note on Friday, May 2nd. Finally, Wells Fargo & Company increased their price objective on HF Sinclair from $34.00 to $38.00 and gave the company an "equal weight" rating in a report on Wednesday, June 11th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $43.70.

HF Sinclair Company 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.

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