Financial Engines Advisors L.L.C. Has $921,000 Stake in HF Sinclair Co. (NYSE:DINO)

Financial Engines Advisors L.L.C. reduced its holdings in HF Sinclair Co. (NYSE:DINO) by 4.3% in the 4th quarter, Holdings Channel reports. The fund owned 26,263 shares of the company’s stock after selling 1,180 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in HF Sinclair were worth $921,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Thompson Siegel & Walmsley LLC boosted its stake in HF Sinclair by 114.1% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,114,575 shares of the company’s stock worth $74,116,000 after purchasing an additional 1,126,825 shares during the period. Amundi boosted its position in shares of HF Sinclair by 132.3% during the fourth quarter. Amundi now owns 1,748,994 shares of the company’s stock worth $61,025,000 after buying an additional 996,155 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of HF Sinclair by 12.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,512,051 shares of the company’s stock worth $193,197,000 after buying an additional 617,218 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of HF Sinclair by 1,445.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 471,640 shares of the company’s stock worth $16,531,000 after buying an additional 441,116 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in HF Sinclair in the 4th quarter valued at approximately $8,830,000. Institutional investors and hedge funds own 88.29% of the company’s stock.

Insider Buying and Selling

In other news, Director Franklin Myers purchased 5,000 shares of HF Sinclair stock in a transaction that occurred on Wednesday, February 26th. The stock was acquired at an average cost of $35.66 per share, for a total transaction of $178,300.00. Following the purchase, the director now directly owns 154,065 shares of the company’s stock, valued at $5,493,957.90. This trade represents a 3.35 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.28% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Barclays decreased their price target on shares of HF Sinclair from $37.00 to $35.00 and set an “equal weight” rating for the company in a research note on Friday, March 14th. TD Cowen lowered their price target on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research note on Wednesday, December 18th. Piper Sandler set a $46.00 price objective on shares of HF Sinclair in a research note on Friday, March 7th. Morgan Stanley lowered their target price on HF Sinclair from $51.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, March 14th. Finally, Wells Fargo & Company upped their target price on HF Sinclair from $42.00 to $44.00 and gave the stock an “equal weight” rating in a report on Friday, March 21st. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $47.00.

HF Sinclair Price Performance

NYSE:DINO opened at $33.29 on Friday. HF Sinclair Co. has a 12-month low of $29.85 and a 12-month high of $64.16. The firm has a market capitalization of $6.27 billion, a price-to-earnings ratio of 40.60 and a beta of 1.13. The stock’s 50 day moving average price is $35.10 and its two-hundred day moving average price is $38.91. 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 (NYSE:DINO) last posted its quarterly earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share 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 business had revenue of $6.50 billion during the quarter, compared to the consensus estimate of $6.56 billion. On average, analysts anticipate that HF Sinclair Co. will post 2.39 earnings per share for the current year.

HF Sinclair Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.01%. The ex-dividend date was Thursday, March 6th. HF Sinclair’s dividend payout ratio is presently 243.90%.

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.