HF Sinclair Corporation $DINO Shares Purchased by Hantz Financial Services Inc.

Key Points

• Hantz Financial Services increased its stake in HF Sinclair by 890.7% in the fourth quarter, buying 23,167 additional shares and bringing its total holding to 25,768 shares worth about $1.19 million.
• HF Sinclair reported strong quarterly results, posting $0.69 EPS versus a consensus estimate of a loss, with revenue of $7.12 billion that topped expectations and rose 11.8% year over year.
• The company declared a quarterly dividend of $0.50 per share, equal to an annualized yield of about 2.9%, while analysts currently rate the stock a Moderate Buy with a consensus price target of $70.82.

Hantz Financial Services Inc. lifted its holdings in HF Sinclair Corporation (NYSE:DINO - Free Report) by 890.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,768 shares of the company's stock after purchasing an additional 23,167 shares during the quarter. Hantz Financial Services Inc.'s holdings in HF Sinclair were worth $1,187,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of HF Sinclair in the 4th quarter worth $1,717,000. Jefferies Financial Group Inc. acquired a new stake in HF Sinclair during the 4th quarter worth about $6,194,000. EverSource Wealth Advisors LLC lifted its position in HF Sinclair by 4.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 6,954 shares of the company's stock worth $320,000 after acquiring an additional 302 shares during the period. LSV Asset Management lifted its position in HF Sinclair by 4.0% during the 4th quarter. LSV Asset Management now owns 3,399,427 shares of the company's stock worth $156,646,000 after acquiring an additional 129,934 shares during the period. Finally, Global Retirement Partners LLC lifted its position in HF Sinclair by 129.5% during the 4th quarter. Global Retirement Partners LLC now owns 7,464 shares of the company's stock worth $344,000 after acquiring an additional 4,212 shares during the period. Institutional investors and hedge funds own 88.29% of the company's stock.

HF Sinclair Price Performance

NYSE:DINO opened at $68.10 on Thursday. HF Sinclair Corporation has a 12 month low of $35.10 and a 12 month high of $74.72. The stock has a 50 day moving average of $63.89 and a two-hundred day moving average of $56.04. The company has a current ratio of 1.79, a quick ratio of 0.88 and a debt-to-equity ratio of 0.28. The firm has a market cap of $12.28 billion, a P/E ratio of 10.24 and a beta of 0.72.

HF Sinclair (NYSE:DINO - Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.69 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.75. HF Sinclair had a return on equity of 11.94% and a net margin of 4.46%.The company had revenue of $7.12 billion during the quarter, compared to analyst estimates of $6.83 billion. During the same period in the previous year, the business earned ($0.27) EPS. HF Sinclair's quarterly revenue was up 11.8% on a year-over-year basis. On average, analysts expect that HF Sinclair Corporation will post 8.7 earnings per share for the current fiscal year.

HF Sinclair Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, May 11th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, May 11th. HF Sinclair's payout ratio is 30.08%.

Wall Street Analyst Weigh In

A number of brokerages have commented on DINO. Wells Fargo & Company lifted their price target on HF Sinclair from $58.00 to $67.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 31st. The Goldman Sachs Group reaffirmed a "buy" rating and set a $81.00 price target on shares of HF Sinclair in a research report on Wednesday, May 6th. Weiss Ratings raised HF Sinclair from a "hold (c)" rating to a "buy (b-)" rating in a research report on Wednesday, May 6th. Wall Street Zen raised HF Sinclair from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 9th. Finally, UBS Group lifted their price target on HF Sinclair from $65.00 to $80.00 and gave the stock a "buy" rating in a research report on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, HF Sinclair has an average rating of "Moderate Buy" and a consensus price target of $70.82.

Insiders Place Their Bets

In other HF Sinclair news, EVP Valerie Pompa sold 10,000 shares of the business's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $69.05, for a total transaction of $690,500.00. Following the completion of the sale, the executive vice president directly owned 43,098 shares in the company, valued at approximately $2,975,916.90. The trade was a 18.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Matthew Joyce sold 2,384 shares of the business's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $69.73, for a total value of $166,236.32. Following the sale, the senior vice president owned 14,797 shares of the company's stock, valued at approximately $1,031,794.81. This trade represents a 13.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 13,101 shares of company stock worth $908,281. Corporate insiders own 0.26% of the company's stock.

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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