Renaissance Technologies LLC Purchases 64,800 Shares of HF Sinclair Co. (NYSE:DINO)

Renaissance Technologies LLC lifted its position in shares of HF Sinclair Co. (NYSE:DINO - Free Report) by 80.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 144,905 shares of the company's stock after acquiring an additional 64,800 shares during the period. Renaissance Technologies LLC owned approximately 0.08% of HF Sinclair worth $5,079,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Norges Bank acquired a new position in shares of HF Sinclair during the 4th quarter worth $41,317,000. Thompson Siegel & Walmsley LLC grew its position in HF Sinclair by 114.1% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,114,575 shares of the company's stock valued at $74,116,000 after acquiring an additional 1,126,825 shares during the last quarter. Amundi grew its position in HF Sinclair by 132.3% in the fourth quarter. Amundi now owns 1,748,994 shares of the company's stock valued at $61,025,000 after acquiring an additional 996,155 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of HF Sinclair by 12.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,512,051 shares of the company's stock worth $193,197,000 after acquiring an additional 617,218 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of HF Sinclair by 1,445.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 471,640 shares of the company's stock valued at $16,531,000 after purchasing an additional 441,116 shares in the last quarter. Institutional investors and hedge funds own 88.29% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on DINO shares. Piper Sandler set a $46.00 price objective on shares of HF Sinclair in a research report on Friday, March 7th. Morgan Stanley lowered their price target on shares of HF Sinclair from $50.00 to $44.00 and set an "overweight" rating for the company in a report on Thursday. Scotiabank cut their price objective on HF Sinclair from $51.00 to $49.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. Barclays lowered their target price on HF Sinclair from $35.00 to $29.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Finally, Wells Fargo & Company lifted their price target on HF Sinclair from $42.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, March 21st. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $44.50.

Insider Transactions at HF Sinclair

In related news, Director Franklin Myers acquired 5,000 shares of HF Sinclair stock in a transaction dated Wednesday, February 26th. The stock was bought at an average price of $35.66 per share, with a total value of $178,300.00. Following the transaction, the director now directly owns 154,065 shares in the company, valued at $5,493,957.90. This represents a 3.35 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.28% of the company's stock.

HF Sinclair Trading Down 0.1 %

Shares of HF Sinclair stock traded down $0.02 during midday trading on Friday, reaching $30.54. The company had a trading volume of 247,616 shares, compared to its average volume of 2,389,936. The firm has a market cap of $5.75 billion, a PE ratio of 37.20 and a beta of 1.00. The stock has a fifty day moving average price of $31.77 and a 200 day moving average price of $36.46. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. HF Sinclair Co. has a fifty-two week low of $24.66 and a fifty-two week high of $58.73.

HF Sinclair (NYSE:DINO - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($1.02) EPS for the quarter, missing analysts' consensus estimates of ($0.91) by ($0.11). HF Sinclair had a net margin of 0.62% and a return on equity of 1.98%. The firm had revenue of $6.50 billion during the quarter, compared to the consensus estimate of $6.56 billion. On average, equities analysts anticipate that HF Sinclair Co. will post 2.39 earnings per share for the current year.

HF Sinclair Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $2.00 dividend on an annualized basis and a yield of 6.55%. HF Sinclair's payout ratio is currently 243.90%.

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.