Schonfeld Strategic Advisors LLC Raises Holdings in HF Sinclair Co. (NYSE:DINO)

Schonfeld Strategic Advisors LLC lifted its position in HF Sinclair Co. (NYSE:DINO - Free Report) by 742.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 121,295 shares of the company's stock after buying an additional 106,895 shares during the quarter. Schonfeld Strategic Advisors LLC owned about 0.06% of HF Sinclair worth $4,251,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC raised its holdings in shares of HF Sinclair by 53.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company's stock valued at $33,000 after buying an additional 327 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of HF Sinclair by 2.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,091 shares of the company's stock worth $669,000 after acquiring an additional 367 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its position in shares of HF Sinclair by 0.6% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 64,275 shares of the company's stock worth $2,253,000 after purchasing an additional 390 shares in the last quarter. Evergreen Private Wealth LLC grew its stake in shares of HF Sinclair by 1.5% during the fourth quarter. Evergreen Private Wealth LLC now owns 26,754 shares of the company's stock valued at $938,000 after purchasing an additional 392 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of HF Sinclair by 33.4% in the fourth quarter. IFP Advisors Inc now owns 1,666 shares of the company's stock valued at $58,000 after purchasing an additional 417 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

HF Sinclair Stock Performance

Shares of NYSE:DINO traded down $0.03 during midday trading on Tuesday, reaching $32.67. 3,636,062 shares of the company traded hands, compared to its average volume of 2,440,822. The firm's fifty day moving average price is $30.96 and its two-hundred day moving average price is $35.68. The firm has a market capitalization of $6.15 billion, a price-to-earnings ratio of 39.84 and a beta of 0.81. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. HF Sinclair Co. has a 12 month low of $24.66 and a 12 month high of $58.73.

HF Sinclair (NYSE:DINO - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported ($0.27) EPS for the quarter, beating analysts' consensus estimates of ($0.41) by $0.14. HF Sinclair had a net margin of 0.62% and a return on equity of 1.98%. The company had revenue of $6.37 billion during the quarter, compared to analyst estimates of $6.72 billion. During the same period last year, the business earned $0.71 earnings per share. HF Sinclair's revenue was down 9.3% compared to the same quarter last year. On average, equities analysts expect 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 will be paid on Tuesday, June 3rd. Shareholders of record on Thursday, May 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 6.12%. The ex-dividend date of this dividend is Thursday, May 15th. HF Sinclair's payout ratio is currently -259.74%.

Wall Street Analyst Weigh In

DINO has been the subject of a number of research reports. TD Cowen lifted their price objective on HF Sinclair from $27.00 to $29.00 and gave the stock a "hold" rating in a research report on Friday. Wells Fargo & Company reduced their target price on HF Sinclair from $44.00 to $34.00 and set an "equal weight" rating on the stock in a report on Friday. Scotiabank lowered their price target 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. Morgan Stanley reduced their price objective 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, Mizuho lowered their target price on shares of HF Sinclair from $45.00 to $40.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $42.30.

Insider Buying and Selling

In other news, Director Franklin Myers purchased 5,000 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were acquired at an average price of $35.66 per share, with a total value of $178,300.00. Following the acquisition, the director now directly owns 154,065 shares in the company, valued at approximately $5,493,957.90. The trade was a 3.35 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.34% of the stock is owned by corporate insiders.

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.