Thompson Siegel & Walmsley LLC Acquires 52,537 Shares of HF Sinclair Co. (NYSE:DINO)

Thompson Siegel & Walmsley LLC grew its stake in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 6.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 839,152 shares of the company's stock after purchasing an additional 52,537 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 0.47% of HF Sinclair worth $46,631,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. increased its holdings in shares of HF Sinclair by 55.0% in the 4th quarter. Pacer Advisors Inc. now owns 4,666,579 shares of the company's stock valued at $259,322,000 after acquiring an additional 1,656,704 shares during the period. Vanguard Group Inc. increased its holdings in shares of HF Sinclair by 5.5% in the 3rd quarter. Vanguard Group Inc. now owns 16,665,477 shares of the company's stock valued at $948,766,000 after acquiring an additional 869,429 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of HF Sinclair in the 3rd quarter valued at $41,728,000. Korea Investment CORP increased its holdings in shares of HF Sinclair by 584.0% in the 3rd quarter. Korea Investment CORP now owns 283,962 shares of the company's stock valued at $16,166,000 after acquiring an additional 242,447 shares during the period. Finally, AustralianSuper Pty Ltd increased its holdings in shares of HF Sinclair by 27.3% in the 4th quarter. AustralianSuper Pty Ltd now owns 1,075,803 shares of the company's stock valued at $59,782,000 after acquiring an additional 230,834 shares during the period. Institutional investors and hedge funds own 88.29% of the company's stock.

Insider Transactions at HF Sinclair

In other HF Sinclair news, Director Franklin Myers purchased 4,180 shares of the business's stock in a transaction that occurred on Monday, February 26th. The shares were purchased at an average price of $58.94 per share, for a total transaction of $246,369.20. Following the completion of the acquisition, the director now owns 131,793 shares of the company's stock, valued at approximately $7,767,879.42. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Franklin Myers acquired 4,180 shares of the stock in a transaction on Monday, February 26th. The stock was bought at an average price of $58.94 per share, with a total value of $246,369.20. Following the completion of the transaction, the director now directly owns 131,793 shares of the company's stock, valued at $7,767,879.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 shares were sold at an average price of $61.10, for a total transaction of $74,114.30. Following the completion of the sale, the director now directly owns 9,828 shares of the company's stock, valued at approximately $600,490.80. The disclosure for this sale can be found here. Insiders own 0.28% of the company's stock.

HF Sinclair Price Performance

Shares of NYSE:DINO traded down $1.06 on Friday, reaching $56.67. 1,340,387 shares of the company were exchanged, compared to its average volume of 1,789,589. The firm has a market cap of $10.89 billion, a price-to-earnings ratio of 7.01 and a beta of 1.31. HF Sinclair Co. has a 1-year low of $39.08 and a 1-year high of $64.16. The company has a 50-day moving average of $58.43 and a 200-day moving average of $56.39. The company has a current ratio of 2.17, a quick ratio of 1.16 and a debt-to-equity ratio of 0.26.

HF Sinclair (NYSE:DINO - Get Free Report) last released its earnings results on Wednesday, May 8th. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.55 by $0.16. The company had revenue of $7.03 billion for the quarter, compared to analyst estimates of $7.54 billion. HF Sinclair had a net margin of 4.94% and a return on equity of 15.10%. The firm's quarterly revenue was down 7.1% on a year-over-year basis. During the same period in the prior year, the firm earned $2.00 EPS. Equities analysts forecast that HF Sinclair Co. will post 6.55 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Wednesday, May 22nd will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, May 21st. This represents a $2.00 annualized dividend and a dividend yield of 3.53%. HF Sinclair's payout ratio is currently 24.75%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Piper Sandler lifted their price objective on shares of HF Sinclair from $67.00 to $70.00 and gave the company an "overweight" rating in a research report on Friday, April 5th. Barclays assumed coverage on shares of HF Sinclair in a research report on Monday, February 26th. They issued an "equal weight" rating and a $60.00 price objective on the stock. Mizuho lowered their price objective on shares of HF Sinclair from $66.00 to $65.00 and set a "neutral" rating on the stock in a research report on Monday, April 15th. Bank of America upgraded shares of HF Sinclair from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $62.00 to $78.00 in a research report on Friday, March 15th. Finally, TD Cowen lifted their price objective on shares of HF Sinclair from $50.00 to $52.00 and gave the company a "market perform" rating in a research report on Thursday, February 22nd. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, HF Sinclair currently has an average rating of "Moderate Buy" and an average price target of $65.42.

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.