Mutual Advisors LLC Has $1.14 Million Stock Position in HF Sinclair Corporation $DINO

Key Points

• Mutual Advisors LLC cut its stake in HF Sinclair by 38.4% in Q4, selling 15,391 shares and leaving a position of 24,658 shares valued at about $1.14 million.
• HF Sinclair beat expectations in its most recent quarter with $0.69 EPS (vs. -$0.06 est.) and $7.12B in revenue (up 11.8% YoY), and announced a quarterly dividend of $0.50 per share (2.8% yield; ex-dividend May 11).

Mutual Advisors LLC lowered its position in shares of HF Sinclair Corporation (NYSE:DINO - Free Report) by 38.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,658 shares of the company's stock after selling 15,391 shares during the quarter. Mutual Advisors LLC's holdings in HF Sinclair were worth $1,136,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its stake in HF Sinclair by 1.8% in the 4th quarter. Oppenheimer & Co. Inc. now owns 38,587 shares of the company's stock valued at $1,778,000 after acquiring an additional 672 shares during the period. New York State Teachers Retirement System increased its position in HF Sinclair by 7.8% during the 4th quarter. New York State Teachers Retirement System now owns 187,524 shares of the company's stock worth $8,641,000 after buying an additional 13,558 shares during the period. AMG National Trust Bank increased its position in HF Sinclair by 2.7% during the 4th quarter. AMG National Trust Bank now owns 53,682 shares of the company's stock worth $2,474,000 after buying an additional 1,389 shares during the period. Torren Management LLC bought a new position in HF Sinclair during the 4th quarter worth $55,000. Finally, Mitsubishi UFJ Trust & Banking Corp increased its position in HF Sinclair by 13.1% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 71,414 shares of the company's stock worth $3,291,000 after buying an additional 8,255 shares during the period. Institutional investors and hedge funds own 88.29% of the company's stock.

HF Sinclair Stock Performance

Shares of DINO stock opened at $71.79 on Tuesday. The business's 50-day moving average price is $58.12 and its 200-day moving average price is $53.93. HF Sinclair Corporation has a 12 month low of $31.38 and a 12 month high of $71.91. The firm has a market capitalization of $12.94 billion, a price-to-earnings ratio of 10.80 and a beta of 0.72. The company has a current ratio of 1.94, a quick ratio of 0.90 and a debt-to-equity ratio of 0.30.

HF Sinclair (NYSE:DINO - Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.75. HF Sinclair had a return on equity of 12.06% and a net margin of 4.46%.The firm had revenue of $7.12 billion for the quarter, compared to analyst estimates of $6.83 billion. During the same period last year, the firm posted ($0.27) earnings per share. The business's revenue for the quarter was up 11.8% on a year-over-year basis. Equities research analysts forecast that HF Sinclair Corporation will post 7.11 EPS for the current year.

HF Sinclair Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, May 11th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Monday, May 11th. HF Sinclair's dividend payout ratio (DPR) is 30.08%.

Analyst Ratings Changes

Several research analysts have weighed in on DINO shares. Argus upgraded HF Sinclair to a "hold" rating in a research report on Tuesday, February 24th. BMO Capital Markets lowered their price objective on HF Sinclair from $65.00 to $60.00 and set an "outperform" rating on the stock in a research report on Monday, February 23rd. Mizuho increased their price objective on HF Sinclair from $63.00 to $69.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 17th. Weiss Ratings reissued a "hold (c)" rating on shares of HF Sinclair in a report on Friday, March 27th. Finally, Zacks Research raised HF Sinclair from a "hold" rating to a "strong-buy" rating in a report on Monday, April 27th. Two research 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 assigned a Sell rating to the company. According to data from MarketBeat.com, HF Sinclair currently has an average rating of "Moderate Buy" and a consensus target price of $66.73.

About HF Sinclair

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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