U.S. Capital Wealth Advisors LLC Takes $992,000 Position in HF Sinclair Co. (NYSE:DINO)

U.S. Capital Wealth Advisors LLC purchased a new position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 17,855 shares of the company's stock, valued at approximately $992,000.

Other institutional investors have also modified their holdings of the company. North Star Investment Management Corp. boosted its position in shares of HF Sinclair by 4,990.9% in the fourth quarter. North Star Investment Management Corp. now owns 560 shares of the company's stock worth $31,000 after acquiring an additional 549 shares during the last quarter. Baystate Wealth Management LLC purchased a new stake in shares of HF Sinclair during the 4th quarter valued at $37,000. Blue Trust Inc. increased its holdings in shares of HF Sinclair by 30.9% during the 4th quarter. Blue Trust Inc. now owns 950 shares of the company's stock worth $54,000 after buying an additional 224 shares during the last quarter. Fortitude Family Office LLC purchased a new position in shares of HF Sinclair in the 4th quarter worth $56,000. Finally, GAMMA Investing LLC acquired a new position in HF Sinclair in the fourth quarter valued at $123,000. Institutional investors and hedge funds own 88.29% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on DINO. Mizuho dropped their target price on shares of HF Sinclair from $66.00 to $65.00 and set a "neutral" rating for the company in a research report on Monday, April 15th. Bank of America upgraded HF Sinclair from a "neutral" rating to a "buy" rating and increased their price target for the company from $62.00 to $78.00 in a report on Friday, March 15th. Piper Sandler boosted their price objective on HF Sinclair from $67.00 to $70.00 and gave the stock an "overweight" rating in a research note on Friday, April 5th. TD Cowen increased their target price on HF Sinclair from $50.00 to $52.00 and gave the company a "market perform" rating in a research note on Thursday, February 22nd. Finally, Scotiabank boosted their price target on HF Sinclair from $58.00 to $66.00 and gave the stock a "sector outperform" rating in a research report on Thursday, April 11th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $65.42.

HF Sinclair Stock Up 1.5 %

Shares of HF Sinclair stock traded up $0.79 on Monday, hitting $55.21. 1,575,659 shares of the company's stock traded hands, compared to its average volume of 2,114,898. HF Sinclair Co. has a 52-week low of $38.49 and a 52-week high of $64.16. The company has a quick ratio of 1.16, a current ratio of 2.22 and a debt-to-equity ratio of 0.27. The stock has a market cap of $10.88 billion, a P/E ratio of 6.65 and a beta of 1.31. The firm's 50-day moving average is $58.39 and its 200 day moving average is $56.37.

HF Sinclair (NYSE:DINO - Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The company reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.15. The firm had revenue of $7.66 billion for the quarter, compared to the consensus estimate of $8.05 billion. HF Sinclair had a net margin of 4.97% and a return on equity of 17.61%. The firm's revenue was down 14.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.97 EPS. Equities analysts anticipate that HF Sinclair Co. will post 6.55 earnings per share for the current year.

HF Sinclair Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Monday, February 26th were issued a $0.50 dividend. This is a positive change from HF Sinclair's previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a yield of 3.62%. The ex-dividend date of this dividend was Friday, February 23rd. HF Sinclair's payout ratio is currently 24.10%.

Insider Buying and Selling at HF Sinclair

In related news, Director Manuel J. Fernandez sold 1,213 shares of the firm's stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $61.10, for a total transaction of $74,114.30. Following the transaction, the director now directly owns 9,828 shares in the company, valued at $600,490.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other HF Sinclair news, EVP Valerie Pompa sold 7,000 shares of HF Sinclair stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $57.53, for a total value of $402,710.00. Following the completion of the transaction, the executive vice president now directly owns 29,617 shares in the company, valued at $1,703,866.01. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Manuel J. Fernandez sold 1,213 shares of the stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $61.10, for a total value of $74,114.30. Following the sale, the director now owns 9,828 shares in the company, valued at $600,490.80. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by insiders.

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.