Robeco Institutional Asset Management B.V. Sells 130,262 Shares of HF Sinclair Corporation (NYSE:DINO)

Robeco Institutional Asset Management B.V. lessened its position in HF Sinclair Corporation (NYSE:DINO - Free Report) by 42.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 173,705 shares of the company's stock after selling 130,262 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.09% of HF Sinclair worth $5,711,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Security National Bank acquired a new position in HF Sinclair in the 1st quarter worth $92,000. Oppenheimer & Co. Inc. grew its holdings in shares of HF Sinclair by 4.4% during the first quarter. Oppenheimer & Co. Inc. now owns 42,865 shares of the company's stock worth $1,409,000 after buying an additional 1,816 shares in the last quarter. Blue Trust Inc. raised its position in HF Sinclair by 20.5% in the 1st quarter. Blue Trust Inc. now owns 5,795 shares of the company's stock valued at $191,000 after buying an additional 986 shares during the last quarter. Adams Asset Advisors LLC lifted its stake in HF Sinclair by 10.7% in the 1st quarter. Adams Asset Advisors LLC now owns 279,433 shares of the company's stock valued at $9,188,000 after acquiring an additional 27,077 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its position in HF Sinclair by 2.4% during the 1st quarter. State of Alaska Department of Revenue now owns 21,621 shares of the company's stock worth $710,000 after acquiring an additional 505 shares during the last quarter. Institutional investors own 88.29% of the company's stock.

HF Sinclair Price Performance

Shares of NYSE DINO traded up $0.59 during midday trading on Friday, reaching $44.15. The company's stock had a trading volume of 1,433,565 shares, compared to its average volume of 2,562,535. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.76 and a current ratio of 1.87. The company has a market cap of $8.32 billion, a P/E ratio of -57.34 and a beta of 0.93. The business's 50 day moving average price is $36.99 and its two-hundred day moving average price is $34.84. HF Sinclair Corporation has a fifty-two week low of $24.66 and a fifty-two week high of $52.88.

HF Sinclair (NYSE:DINO - Get Free Report) last issued its quarterly 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. HF Sinclair had a positive return on equity of 0.05% and a negative net margin of 0.51%. The company had revenue of $6.37 billion for the quarter, compared to analyst estimates of $6.72 billion. During the same quarter last year, the company posted $0.71 EPS. The company's revenue for the quarter was down 9.3% compared to the same quarter last year. On average, analysts forecast that HF Sinclair Corporation will post 2.39 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Thursday, May 15th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 4.53%. The ex-dividend date was Thursday, May 15th. HF Sinclair's payout ratio is -259.74%.

Analyst Ratings Changes

DINO has been the topic of a number of research reports. Mizuho raised shares of HF Sinclair from a "neutral" rating to an "outperform" rating and boosted their price objective for the stock from $40.00 to $47.00 in a research report on Tuesday, May 13th. Barclays upped their price objective on shares of HF Sinclair from $29.00 to $32.00 and gave the company an "equal weight" rating in a report on Monday, May 12th. TD Cowen raised their target price on shares of HF Sinclair from $27.00 to $29.00 and gave the stock a "hold" rating in a research note on Friday, May 2nd. Morgan Stanley decreased their price target on shares of HF Sinclair from $50.00 to $44.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Finally, Piper Sandler cut their price objective on shares of HF Sinclair from $46.00 to $40.00 and set an "overweight" rating for the company in a research report on Friday, May 2nd. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $43.70.

HF Sinclair 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.