Universal Beteiligungs und Servicegesellschaft mbH Takes Position in HF Sinclair Co. (NYSE:DINO)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in HF Sinclair Co. (NYSE:DINO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 203,886 shares of the company's stock, valued at approximately $7,146,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of HF Sinclair as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC bought a new position in HF Sinclair during the fourth quarter valued at approximately $31,000. Lee Danner & Bass Inc. bought a new stake in HF Sinclair in the fourth quarter worth $32,000. EverSource Wealth Advisors LLC increased its position in HF Sinclair by 53.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company's stock worth $33,000 after buying an additional 327 shares during the last quarter. TD Waterhouse Canada Inc. raised its holdings in HF Sinclair by 98.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,603 shares of the company's stock valued at $56,000 after buying an additional 796 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of HF Sinclair by 33.4% during the 4th quarter. IFP Advisors Inc now owns 1,666 shares of the company's stock worth $58,000 after acquiring an additional 417 shares in the last quarter. Institutional investors own 88.29% of the company's stock.

HF Sinclair Price Performance

Shares of NYSE DINO traded down $1.19 during mid-day trading on Wednesday, hitting $35.61. 3,156,700 shares of the stock were exchanged, compared to its average volume of 2,506,616. The company has a market cap of $6.71 billion, a P/E ratio of 43.43 and a beta of 0.90. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81. HF Sinclair Co. has a twelve month low of $24.66 and a twelve month high of $54.48. The stock's fifty day simple moving average is $32.20 and its two-hundred day simple moving average is $34.84.

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

HF Sinclair Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Thursday, May 15th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.62%. HF Sinclair's payout ratio is -259.74%.

Analyst Ratings Changes

A number of equities analysts have recently commented on DINO shares. TD Cowen lifted their price target on shares of 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 cut their target price 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. Barclays raised their price target on HF Sinclair from $29.00 to $32.00 and gave the company an "equal weight" rating in a research report on Monday, May 12th. Scotiabank decreased their target price on HF Sinclair from $51.00 to $49.00 and set a "sector outperform" rating for the company in a research note on Friday, April 11th. Finally, Wells Fargo & Company lowered their price objective on shares of HF Sinclair from $44.00 to $34.00 and set an "equal weight" rating on the stock in a research note on Friday, May 2nd. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, HF Sinclair currently has a consensus rating of "Moderate Buy" and a consensus target price of $43.30.

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.