Nomura Holdings Inc. Takes $744,000 Position in HF Sinclair Co. (NYSE:DINO)

Nomura Holdings Inc. bought a new stake in shares of HF Sinclair Co. (NYSE:DINO - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 21,221 shares of the company's stock, valued at approximately $744,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its holdings in shares of HF Sinclair by 12.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,848,416 shares of the company's stock valued at $240,026,000 after acquiring an additional 737,696 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in HF Sinclair by 12.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,512,051 shares of the company's stock valued at $193,197,000 after purchasing an additional 617,218 shares during the last quarter. First Trust Advisors LP lifted its holdings in HF Sinclair by 53.7% during the 4th quarter. First Trust Advisors LP now owns 3,139,092 shares of the company's stock valued at $110,025,000 after purchasing an additional 1,096,485 shares during the last quarter. AQR Capital Management LLC boosted its position in HF Sinclair by 61.6% in the fourth quarter. AQR Capital Management LLC now owns 2,376,498 shares of the company's stock valued at $82,536,000 after buying an additional 906,225 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC grew its stake in HF Sinclair by 114.1% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,114,575 shares of the company's stock worth $74,116,000 after buying an additional 1,126,825 shares during the last quarter. Institutional investors own 88.29% of the company's stock.

Analyst Upgrades and Downgrades

DINO has been the subject of a number of research analyst reports. Mizuho upgraded shares of HF Sinclair from a "neutral" rating to an "outperform" rating and lifted their target price for the company from $40.00 to $47.00 in a research note on Tuesday, May 13th. TD Cowen lifted their price objective on HF Sinclair from $27.00 to $29.00 and gave the company a "hold" rating in a research report on Friday, May 2nd. Piper Sandler decreased their target price on HF Sinclair from $46.00 to $40.00 and set an "overweight" rating on the stock in a report on Friday, May 2nd. Barclays raised their target price on HF Sinclair from $29.00 to $32.00 and gave the company an "equal weight" rating in a research note on Monday, May 12th. Finally, Wells Fargo & Company reduced their price target on shares of HF Sinclair from $44.00 to $34.00 and set an "equal weight" rating on the stock in a research report on Friday, May 2nd. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, HF Sinclair currently has an average rating of "Moderate Buy" and an average target price of $43.30.

HF Sinclair Trading Up 0.4%

DINO stock traded up $0.13 during midday trading on Monday, reaching $35.58. The stock had a trading volume of 1,617,786 shares, compared to its average volume of 2,485,955. The firm has a market cap of $6.70 billion, a price-to-earnings ratio of 43.39 and a beta of 0.81. HF Sinclair Co. has a twelve month low of $24.66 and a twelve month high of $56.96. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. The business has a fifty day simple moving average of $31.78 and a two-hundred day simple moving average of $35.07.

HF Sinclair (NYSE:DINO - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.41) by $0.14. The company had revenue of $6.37 billion for the quarter, compared to analyst estimates of $6.72 billion. HF Sinclair had a net margin of 0.62% and a return on equity of 1.98%. The company's revenue for the quarter was down 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.71 EPS. As a group, research analysts expect that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 5.62%. The ex-dividend date is Thursday, May 15th. HF Sinclair's dividend payout ratio is presently -259.74%.

Insider Buying and Selling at HF Sinclair

In related news, Director Franklin Myers bought 5,000 shares of the firm's stock in a transaction dated Wednesday, February 26th. The stock was bought at an average cost of $35.66 per share, for a total transaction of $178,300.00. Following the transaction, the director now owns 154,065 shares of the company's stock, valued at $5,493,957.90. This represents a 3.35% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.34% of the company's stock.

HF Sinclair Company Profile

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.