Paragon Capital Management Inc. Acquires 1,920 Shares of HF Sinclair Co. (NYSE:DINO)

Paragon Capital Management Inc. boosted its holdings in shares of HF Sinclair Co. (NYSE:DINO) by 5.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,284 shares of the company’s stock after buying an additional 1,920 shares during the quarter. Paragon Capital Management Inc.’s holdings in HF Sinclair were worth $1,573,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Unison Advisors LLC boosted its holdings in shares of HF Sinclair by 0.8% during the 1st quarter. Unison Advisors LLC now owns 21,496 shares of the company’s stock worth $1,298,000 after buying an additional 179 shares during the period. Capital Advisors Wealth Management LLC boosted its holdings in shares of HF Sinclair by 2.4% during the first quarter. Capital Advisors Wealth Management LLC now owns 8,135 shares of the company’s stock worth $491,000 after acquiring an additional 190 shares during the period. Poehling Capital Management INC. grew its position in shares of HF Sinclair by 0.3% in the first quarter. Poehling Capital Management INC. now owns 66,079 shares of the company’s stock valued at $3,989,000 after purchasing an additional 203 shares during the last quarter. Empirical Finance LLC increased its stake in shares of HF Sinclair by 1.2% during the second quarter. Empirical Finance LLC now owns 19,300 shares of the company’s stock worth $1,029,000 after purchasing an additional 228 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in HF Sinclair by 6.7% during the 2nd quarter. Fifth Third Bancorp now owns 4,258 shares of the company’s stock worth $227,000 after purchasing an additional 267 shares during the last quarter. Institutional investors own 88.29% of the company’s stock.

HF Sinclair Stock Performance

Shares of NYSE:DINO opened at $43.66 on Thursday. HF Sinclair Co. has a 1 year low of $43.17 and a 1 year high of $64.16. The stock has a market capitalization of $8.39 billion, a price-to-earnings ratio of 5.40 and a beta of 1.16. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.12 and a quick ratio of 0.97. The company’s 50 day simple moving average is $46.35 and its 200 day simple moving average is $51.40.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.06. HF Sinclair had a return on equity of 11.85% and a net margin of 3.80%. The company had revenue of $7.85 billion for the quarter, compared to analyst estimates of $7.65 billion. During the same quarter last year, the company posted $2.60 EPS. The company’s revenue for the quarter was up .2% compared to the same quarter last year. As a group, research analysts predict that HF Sinclair Co. will post 2.65 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Wednesday, August 21st were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 4.58%. The ex-dividend date was Wednesday, August 21st. HF Sinclair’s payout ratio is 24.75%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on DINO shares. Argus raised HF Sinclair to a “hold” rating in a report on Wednesday, June 26th. Barclays decreased their price target on shares of HF Sinclair from $53.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Monday, October 7th. BMO Capital Markets dropped their price objective on shares of HF Sinclair from $57.00 to $53.00 and set an “outperform” rating for the company in a research note on Friday, October 4th. Mizuho decreased their target price on shares of HF Sinclair from $53.00 to $50.00 and set a “neutral” rating on the stock in a research report on Thursday, October 10th. Finally, JPMorgan Chase & Co. lowered their target price on shares of HF Sinclair from $60.00 to $51.00 and set a “neutral” rating on the stock in a report on Wednesday, October 2nd. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $55.82.

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.