Landscape Capital Management L.L.C. Invests $955,000 in HF Sinclair Corporation $DINO

Key Points

• Landscape Capital Management acquired 13,707 HF Sinclair shares worth approximately $955,000, while institutional investors collectively own 88.29% of the company.
• HF Sinclair reported quarterly EPS of $5.31, exceeding estimates by $0.82, with revenue rising 53.2% year over year to $10.39 billion.
• The company increased its quarterly dividend to $0.525 per share, equivalent to a $2.10 annualized payout and a 2.2% yield; analysts maintain a “Moderate Buy” consensus rating.

Landscape Capital Management L.L.C. purchased a new stake in HF Sinclair Corporation (NYSE:DINO - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 13,707 shares of the company's stock, valued at approximately $955,000.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in HF Sinclair during the second quarter worth approximately $1,291,602,000. Bank of New York Mellon Corp bought a new position in HF Sinclair during the 2nd quarter worth $140,654,000. NFJ Investment Group LLC raised its holdings in HF Sinclair by 1,275.3% in the 4th quarter. NFJ Investment Group LLC now owns 1,873,541 shares of the company's stock valued at $86,333,000 after acquiring an additional 1,737,318 shares in the last quarter. Invesco Ltd. raised its holdings in HF Sinclair by 104.3% in the 3rd quarter. Invesco Ltd. now owns 1,947,075 shares of the company's stock valued at $101,910,000 after acquiring an additional 994,090 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of HF Sinclair by 101.3% during the 4th quarter. Victory Capital Management Inc. now owns 1,794,964 shares of the company's stock valued at $82,712,000 after acquiring an additional 903,177 shares during the period. 88.29% of the stock is currently owned by institutional investors.

Insider Activity at HF Sinclair

In other HF Sinclair news, SVP Matthew Joyce sold 2,384 shares of the firm's stock in a transaction that occurred on Tuesday, May 26th. The shares were 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 in the company, valued at $1,031,794.81. This trade represents a 13.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Rhoman J. Hardy bought 1,508 shares of the firm's stock in a transaction on Tuesday, June 16th. The shares were bought at an average cost of $66.32 per share, for a total transaction of $100,010.56. Following the purchase, the director owned 15,037 shares of the company's stock, valued at approximately $997,253.84. The trade was a 11.15% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 11,955 shares of company stock worth $968,455 in the last 90 days. 0.26% of the stock is currently owned by company insiders.

HF Sinclair Stock Down 0.2%

Shares of NYSE DINO opened at $97.13 on Monday. The company has a current ratio of 1.97, a quick ratio of 1.10 and a debt-to-equity ratio of 0.27. The company has a market cap of $17.27 billion, a price-to-earnings ratio of 9.27 and a beta of 0.70. HF Sinclair Corporation has a 12 month low of $45.71 and a 12 month high of $97.63. The stock has a 50-day moving average price of $81.48 and a two-hundred day moving average price of $68.79.

HF Sinclair (NYSE:DINO - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $5.31 earnings per share for the quarter, beating analysts' consensus estimates of $4.49 by $0.82. The company had revenue of $10.39 billion for the quarter, compared to the consensus estimate of $8.68 billion. HF Sinclair had a net margin of 6.13% and a return on equity of 18.21%. The firm's quarterly revenue was up 53.2% compared to the same quarter last year. During the same period last year, the company posted $1.10 EPS. As a group, analysts forecast that HF Sinclair Corporation will post 11.85 earnings per share for the current fiscal year.

HF Sinclair Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Tuesday, August 11th will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, August 11th. This is a positive change from HF Sinclair's previous quarterly dividend of $0.50. HF Sinclair's payout ratio is currently 20.04%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DINO. Wall Street Zen raised HF Sinclair from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 9th. Freedom Capital downgraded HF Sinclair from a "hold" rating to a "strong sell" rating in a research note on Tuesday, July 28th. Weiss Ratings raised shares of HF Sinclair from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, August 4th. Evercore began coverage on shares of HF Sinclair in a research note on Friday, July 17th. They set an "in-line" rating and a $85.00 price objective on the stock. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $114.00 target price on shares of HF Sinclair in a report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $81.25.

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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