Level Four Advisory Services LLC Has $2.56 Million Holdings in HF Sinclair Co. (NYSE:DINO)

Level Four Advisory Services LLC reduced its position in HF Sinclair Co. (NYSE:DINO) by 26.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,081 shares of the company’s stock after selling 26,433 shares during the period. Level Four Advisory Services LLC’s holdings in HF Sinclair were worth $2,561,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of DINO. EverSource Wealth Advisors LLC lifted its position in HF Sinclair by 53.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company’s stock valued at $33,000 after acquiring an additional 327 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in HF Sinclair by 2.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,091 shares of the company’s stock worth $669,000 after buying an additional 367 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. raised its position in HF Sinclair by 0.6% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 64,275 shares of the company’s stock valued at $2,253,000 after buying an additional 390 shares during the last quarter. Evergreen Private Wealth LLC lifted its stake in HF Sinclair by 1.5% during the 4th quarter. Evergreen Private Wealth LLC now owns 26,754 shares of the company’s stock valued at $938,000 after acquiring an additional 392 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in HF Sinclair by 33.4% during the 4th quarter. IFP Advisors Inc now owns 1,666 shares of the company’s stock worth $58,000 after acquiring an additional 417 shares during the last quarter. Institutional investors and hedge funds own 88.29% of the company’s stock.

Insider Activity at HF Sinclair

In other news, Director Franklin Myers bought 5,000 shares of HF Sinclair stock in a transaction on Wednesday, February 26th. The shares were purchased at an average price of $35.66 per share, for a total transaction of $178,300.00. Following the acquisition, the director now owns 154,065 shares of the company’s stock, valued at approximately $5,493,957.90. The trade was a 3.35 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.28% of the stock is owned by insiders.

HF Sinclair Stock Down 0.6 %

HF Sinclair stock opened at $33.07 on Friday. HF Sinclair Co. has a 1-year low of $29.85 and a 1-year high of $64.16. The firm has a 50 day simple moving average of $35.03 and a 200 day simple moving average of $38.83. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $6.23 billion, a price-to-earnings ratio of 40.33 and a beta of 1.13.

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

HF Sinclair Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 6.05%. The ex-dividend date of this dividend was Thursday, March 6th. HF Sinclair’s dividend payout ratio is currently 243.90%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Mizuho cut their price target on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. TD Cowen dropped their price target on HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a report on Wednesday, December 18th. Wells Fargo & Company upped their price objective 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. Barclays cut their price target on shares of HF Sinclair from $37.00 to $35.00 and set an “equal weight” rating on the stock in a report on Friday, March 14th. Finally, Piper Sandler set a $46.00 price objective on shares of HF Sinclair in a report on Friday, March 7th. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $47.00.

About HF Sinclair

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.