7,202 Shares in HF Sinclair Corporation (NYSE:DINO) Bought by D.A. Davidson & CO.

D.A. Davidson & CO. bought a new position in HF Sinclair Corporation (NYSE:DINO - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,202 shares of the company's stock, valued at approximately $237,000.

Other large investors also recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of HF Sinclair in the 4th quarter valued at about $31,000. Lee Danner & Bass Inc. bought a new stake in shares of HF Sinclair in the 4th quarter valued at about $32,000. EverSource Wealth Advisors LLC raised its holdings in shares of HF Sinclair by 53.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company's stock valued at $33,000 after purchasing an additional 327 shares during the period. Byrne Asset Management LLC bought a new stake in shares of HF Sinclair in the 1st quarter valued at about $35,000. Finally, UMB Bank n.a. raised its holdings in shares of HF Sinclair by 2,202.9% in the 1st quarter. UMB Bank n.a. now owns 1,566 shares of the company's stock valued at $51,000 after purchasing an additional 1,498 shares during the period. 88.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Barclays set a $43.00 target price on shares of HF Sinclair and gave the company an "equal weight" rating in a report on Wednesday, July 9th. Scotiabank increased their price target on shares of HF Sinclair from $49.00 to $61.00 and gave the company a "sector outperform" rating in a report on Friday. Wells Fargo & Company increased their price target on shares of HF Sinclair from $34.00 to $38.00 and gave the company an "equal weight" rating in a report on Wednesday, June 11th. Wolfe Research cut shares of HF Sinclair from a "peer perform" rating to an "underperform" rating in a report on Monday. Finally, Raymond James Financial raised shares of HF Sinclair from a "market perform" rating to a "strong-buy" rating and set a $54.00 price target on the stock in a report on Tuesday. One analyst has rated the stock with a sell rating, four have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, HF Sinclair currently has a consensus rating of "Moderate Buy" and a consensus price target of $47.91.

HF Sinclair Price Performance

Shares of NYSE DINO traded up $0.08 during trading hours on Tuesday, hitting $44.30. 1,507,801 shares of the stock were exchanged, compared to its average volume of 2,565,667. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.76 and a current ratio of 1.87. The company has a market cap of $8.35 billion, a PE ratio of -57.53 and a beta of 0.93. The company's fifty day simple moving average is $38.90 and its two-hundred day simple moving average is $35.35. HF Sinclair Corporation has a 1-year low of $24.66 and a 1-year high of $52.88.

HF Sinclair (NYSE:DINO - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported ($0.27) earnings per share for the quarter, beating analysts' consensus estimates of ($0.41) by $0.14. The firm had revenue of $6.37 billion for the quarter, compared to analyst estimates of $6.72 billion. HF Sinclair had a negative net margin of 0.51% and a positive return on equity of 0.05%. The company's quarterly revenue was down 9.3% on a year-over-year basis. During the same quarter last year, the business posted $0.71 earnings per share. On average, sell-side analysts predict that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Thursday, May 15th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 4.51%. HF Sinclair's dividend payout ratio is currently -259.74%.

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.