HF Sinclair Corporation $DINO Stock Holdings Lessened by Cambiar Investors LLC

Key Points

• Cambiar Investors LLC trimmed its stake in HF Sinclair by 23.6%, selling 25,770 shares and ending the quarter with 83,650 shares valued at about $3.86 million, while institutional investors own roughly 88.29% of the company.
• Analysts have a consensus rating of Hold with a consensus price target of $61, though opinions vary (one Strong Buy, six Buy, seven Hold, one Sell) and recent targets range from about $63 to $75.
• HF Sinclair beat quarterly estimates with $1.20 EPS (vs. $0.83 expected) on $6.46 billion in revenue, and pays a quarterly dividend of $0.50 (annualized $2.00, yield 3.5%).

Cambiar Investors LLC reduced its holdings in HF Sinclair Corporation (NYSE:DINO - Free Report) by 23.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 83,650 shares of the company's stock after selling 25,770 shares during the quarter. Cambiar Investors LLC's holdings in HF Sinclair were worth $3,855,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Quent Capital LLC bought a new position in shares of HF Sinclair in the 3rd quarter worth about $28,000. V Square Quantitative Management LLC bought a new position in shares of HF Sinclair in the 4th quarter worth about $26,000. State of Wyoming bought a new position in shares of HF Sinclair in the 2nd quarter worth about $41,000. CI Investments Inc. lifted its position in shares of HF Sinclair by 20.0% in the 3rd quarter. CI Investments Inc. now owns 1,121 shares of the company's stock worth $59,000 after buying an additional 187 shares during the last quarter. Finally, Employees Retirement System of Texas bought a new position in shares of HF Sinclair in the 3rd quarter worth about $74,000. 88.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DINO has been the topic of a number of recent research reports. Piper Sandler reduced their price target on shares of HF Sinclair from $67.00 to $63.00 and set an "overweight" rating on the stock in a research report on Thursday, February 19th. Wall Street Zen downgraded shares of HF Sinclair from a "strong-buy" rating to a "buy" rating in a research report on Sunday. Scotiabank upgraded shares of HF Sinclair to a "hold" rating in a research report on Friday, March 27th. Morgan Stanley set a $57.00 price target on shares of HF Sinclair in a research report on Thursday, February 19th. Finally, Raymond James Financial increased their price objective on shares of HF Sinclair from $66.00 to $75.00 and gave the stock a "strong-buy" rating in a report on Wednesday, March 25th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, HF Sinclair has a consensus rating of "Hold" and a consensus price target of $61.00.

HF Sinclair Stock Up 2.0%

DINO stock opened at $57.58 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.94 and a debt-to-equity ratio of 0.30. HF Sinclair Corporation has a fifty-two week low of $26.42 and a fifty-two week high of $64.70. The firm's 50-day simple moving average is $56.96 and its 200 day simple moving average is $53.13. The stock has a market cap of $10.38 billion, a PE ratio of 18.76 and a beta of 0.70.

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, topping analysts' consensus estimates of $0.83 by $0.37. HF Sinclair had a net margin of 2.15% and a return on equity of 10.20%. The business had revenue of $6.46 billion for the quarter, compared to analysts' expectations of $6.19 billion. During the same quarter last year, the company earned ($1.02) EPS. The company's revenue for the quarter was down .6% compared to the same quarter last year. As a group, sell-side analysts predict that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Dividend Announcement

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