DDD Partners LLC Lowers Position in HF Sinclair Corporation $DINO

Key Points

• DDD Partners LLC cut its stake in HF Sinclair by 30.1% in Q4, selling 125,198 shares and retaining 290,951 shares worth about $13.4 million (≈0.16% of the company).
• Institutional ownership is high at 88.29%, and several other institutions (e.g., Citigroup, RWC, Diversified Trust, Pacific Heights) have recently increased or initiated positions in DINO.
• Analysts' consensus is a "Hold" with a $61 price target; HF Sinclair beat Q4 EPS estimates ($1.20 vs. $0.83) and pays a $0.50 quarterly dividend (annualized $2.00, ~3.5% yield, ~65% payout ratio).

DDD Partners LLC decreased its position in shares of HF Sinclair Corporation (NYSE:DINO - Free Report) by 30.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 290,951 shares of the company's stock after selling 125,198 shares during the quarter. DDD Partners LLC owned 0.16% of HF Sinclair worth $13,407,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DINO. Convergence Investment Partners LLC acquired a new position in shares of HF Sinclair in the third quarter worth about $1,408,000. Citigroup Inc. grew its position in shares of HF Sinclair by 41.4% during the 3rd quarter. Citigroup Inc. now owns 445,121 shares of the company's stock valued at $23,298,000 after acquiring an additional 130,338 shares during the period. RWC Asset Management LLP increased its stake in shares of HF Sinclair by 30.3% in the 3rd quarter. RWC Asset Management LLP now owns 143,634 shares of the company's stock valued at $7,518,000 after purchasing an additional 33,394 shares in the last quarter. Diversified Trust Co increased its stake in shares of HF Sinclair by 211.5% in the 3rd quarter. Diversified Trust Co now owns 45,509 shares of the company's stock valued at $2,382,000 after purchasing an additional 30,901 shares in the last quarter. Finally, Pacific Heights Asset Management LLC raised its holdings in HF Sinclair by 16.7% in the 3rd quarter. Pacific Heights Asset Management LLC now owns 350,000 shares of the company's stock worth $18,319,000 after purchasing an additional 50,000 shares during the period. 88.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Wall Street Zen raised HF Sinclair from a "buy" rating to a "strong-buy" rating in a report on Saturday, April 4th. Barclays reduced their target price on HF Sinclair from $54.00 to $51.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 13th. Weiss Ratings reiterated a "hold (c)" rating on shares of HF Sinclair in a research report on Friday, March 27th. Morgan Stanley set a $57.00 price target on shares of HF Sinclair in a report on Thursday, February 19th. Finally, Scotiabank upgraded shares of HF Sinclair to a "hold" rating in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, HF Sinclair currently has a consensus rating of "Hold" and a consensus price target of $61.00.

HF Sinclair Price Performance

Shares of HF Sinclair stock opened at $56.37 on Friday. The business has a 50 day simple moving average of $56.84 and a two-hundred day simple moving average of $53.09. HF Sinclair Corporation has a 12 month low of $25.89 and a 12 month high of $64.70. The stock has a market capitalization of $10.16 billion, a P/E ratio of 18.36 and a beta of 0.70. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.94 and a quick ratio of 0.90.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its earnings results on Wednesday, February 18th. The company reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.37. HF Sinclair had a return on equity of 10.20% and a net margin of 2.15%.The business had revenue of $6.46 billion during the quarter, compared to analysts' expectations of $6.19 billion. During the same quarter in the prior year, the firm earned ($1.02) earnings per share. The business's revenue was down .6% compared to the same quarter last year. As a group, analysts predict that HF Sinclair Corporation will post 2.39 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. HF Sinclair's dividend payout ratio is presently 65.15%.

HF Sinclair Profile

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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