Evergreen Private Wealth LLC Buys 392 Shares of HF Sinclair Co. (NYSE:DINO)

Evergreen Private Wealth LLC boosted its stake in shares of HF Sinclair Co. (NYSE:DINO) by 1.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,754 shares of the company’s stock after purchasing an additional 392 shares during the quarter. Evergreen Private Wealth LLC’s holdings in HF Sinclair were worth $938,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Inceptionr LLC boosted its position in HF Sinclair by 73.4% during the fourth quarter. Inceptionr LLC now owns 25,349 shares of the company’s stock worth $888,000 after purchasing an additional 10,728 shares during the period. Raymond James Financial Inc. bought a new stake in shares of HF Sinclair in the fourth quarter valued at approximately $8,830,000. Arizona State Retirement System boosted its position in shares of HF Sinclair by 1.4% in the fourth quarter. Arizona State Retirement System now owns 47,109 shares of the company’s stock valued at $1,651,000 after acquiring an additional 643 shares during the period. Aigen Investment Management LP boosted its position in shares of HF Sinclair by 124.9% in the fourth quarter. Aigen Investment Management LP now owns 63,231 shares of the company’s stock valued at $2,216,000 after acquiring an additional 35,121 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in shares of HF Sinclair in the fourth quarter valued at approximately $819,000. Institutional investors own 88.29% of the company’s stock.

Insiders Place Their Bets

In other HF Sinclair news, Director Franklin Myers bought 5,000 shares of the stock in a transaction dated Wednesday, February 26th. The stock was bought at an average cost of $35.66 per share, for a total transaction of $178,300.00. Following the completion of the purchase, the director now owns 154,065 shares in the company, valued at $5,493,957.90. This represents a 3.35 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Atanas H. Atanasov bought 7,000 shares of the stock in a transaction dated Thursday, December 12th. The stock was acquired at an average price of $37.96 per share, with a total value of $265,720.00. Following the completion of the purchase, the chief financial officer now owns 71,927 shares of the company’s stock, valued at $2,730,348.92. This represents a 10.78 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased 17,635 shares of company stock worth $632,860 over the last three months. 0.28% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Mizuho reduced their price objective on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Wells Fargo & Company cut HF Sinclair from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $53.00 to $45.00 in a research report on Monday, December 9th. JPMorgan Chase & Co. reduced their price objective on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, December 10th. TD Cowen reduced their price objective on HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a research report on Wednesday, December 18th. Finally, Barclays reduced their price objective on HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, HF Sinclair presently has a consensus rating of “Hold” and a consensus target price of $51.00.

HF Sinclair Stock Up 1.5 %

Shares of DINO stock opened at $31.57 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The stock has a fifty day moving average price of $35.89 and a 200 day moving average price of $40.47. HF Sinclair Co. has a one year low of $29.85 and a one year high of $64.16. The stock has a market cap of $5.95 billion, a P/E ratio of 38.50 and a beta of 1.13.

HF Sinclair (NYSE:DINO) last released its quarterly earnings data on Thursday, February 20th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.91) by ($0.11). HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. The company had revenue of $6.50 billion for the quarter, compared to analyst estimates of $6.56 billion. Analysts predict that HF Sinclair Co. will post 2.39 earnings per share for the current year.

HF Sinclair Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $2.00 annualized dividend and a yield of 6.33%. HF Sinclair’s dividend 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.