Asset Management One Co. Ltd. Makes New $1.02 Million Investment in HF Sinclair Corporation $DINO

Key Points

• Asset Management One bought 22,099 shares of HF Sinclair (NYSE: DINO) in Q4, a new stake valued at approximately $1.02 million, as institutional ownership sits around 88.29%.
• Analysts are mixed: the consensus rating is a “Hold” with an average price target of $62, while individual calls range from Raymond James’ $75 strong-buy to several holds and one sell.
• HF Sinclair beat Q4 EPS estimates ($1.20 vs. $0.83), trades near $59.56 with a market cap of ~$10.7B and pays a quarterly dividend of $0.50 (annualized yield ~3.4%).

Asset Management One Co. Ltd. purchased a new stake in HF Sinclair Corporation (NYSE:DINO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,099 shares of the company's stock, valued at approximately $1,016,000.

Several other institutional investors also recently modified their holdings of the stock. GF Fund Management CO. LTD. increased its holdings in shares of HF Sinclair by 5.4% in the fourth quarter. GF Fund Management CO. LTD. now owns 45,799 shares of the company's stock valued at $2,110,000 after buying an additional 2,358 shares in the last quarter. Juncture Wealth Strategies LLC increased its holdings in shares of HF Sinclair by 10.0% in the fourth quarter. Juncture Wealth Strategies LLC now owns 5,242 shares of the company's stock valued at $242,000 after buying an additional 477 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of HF Sinclair by 0.5% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 110,226 shares of the company's stock valued at $5,308,000 after buying an additional 530 shares in the last quarter. Pursuit Wealth Management LLC bought a new position in shares of HF Sinclair in the fourth quarter valued at $672,000. Finally, CWM LLC increased its holdings in shares of HF Sinclair by 5.2% in the fourth quarter. CWM LLC now owns 119,687 shares of the company's stock valued at $5,515,000 after buying an additional 5,943 shares in the last quarter. Institutional investors own 88.29% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Raymond James Financial boosted their price target on shares of HF Sinclair from $66.00 to $75.00 and gave the company a "strong-buy" rating in a report on Wednesday, March 25th. Argus upgraded shares of HF Sinclair to a "hold" rating in a report on Tuesday, February 24th. Morgan Stanley set a $57.00 price target on shares of HF Sinclair in a report on Thursday, February 19th. Wall Street Zen lowered shares of HF Sinclair from a "strong-buy" rating to a "buy" rating in a report on Sunday, April 12th. Finally, Piper Sandler cut their price target on shares of HF Sinclair from $67.00 to $63.00 and set an "overweight" rating on the stock in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $62.00.

HF Sinclair Stock Up 0.2%

HF Sinclair stock opened at $59.56 on Friday. The firm has a market cap of $10.74 billion, a PE ratio of 19.40 and a beta of 0.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.90 and a current ratio of 1.94. The firm's 50 day moving average price is $57.30 and its two-hundred day moving average price is $53.50. HF Sinclair Corporation has a twelve month low of $29.23 and a twelve month high of $64.70.

HF Sinclair (NYSE:DINO - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.37. The firm had revenue of $6.46 billion for the quarter, compared to analyst estimates of $6.19 billion. HF Sinclair had a net margin of 2.15% and a return on equity of 10.20%. The company's revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($1.02) EPS. On average, research analysts predict that HF Sinclair Corporation will post 5.92 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Monday, March 2nd were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.4%. The ex-dividend date was Monday, March 2nd. HF Sinclair's dividend payout ratio is currently 65.15%.

About HF Sinclair

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.

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