HF Sinclair Co. (NYSE:DINO) shares sold by QRG Capital Management Inc.

QRG Capital Management Inc. reduced its stake in shares of HF Sinclair Co. (NYSE:DINO – Free Report) by 4.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,189 shares of the company’s stock after selling 303 shares during the quarter. QRG Capital Management Inc.’s holdings in HF Sinclair were worth $374,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of DINO recently. American Century Companies Inc. increased its position in shares of HF Sinclair by 39.4% in the third quarter. American Century Companies Inc. now owns 125,582 shares of the company’s stock worth $7,149,000 after acquiring an additional 35,485 shares during the period. Nordea Investment Management AB increased its stake in HF Sinclair by 127.9% in the fourth quarter. Nordea Investment Management AB now owns 34,915 shares of the company’s stock worth $1,940,000 after buying an additional 19,595 shares during the period. Whittier Trust Co. increased its position in HF Sinclair by 2.8% during the fourth quarter. Whittier Trust Co. Whittier Trust Co. of Nevada Inc. now owns 75,417 shares of the company’s stock worth $4,190,000 after purchasing an additional 2,040 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings in HF Sinclair by 5.2% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 39,302 shares of the company’s stock worth $2,184,000 after purchasing an additional 1,954 shares during the period. Finally, Fortitude Family Office LLC acquired a new stake in HF Sinclair in the fourth quarter worth approximately $56,000. 88.29% of the shares are held by institutional investors and hedge funds.

Insider transactions at HF ​​Sinclair

In other HF Sinclair news, Director Franklin Myers acquired 6,500 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The shares were purchased at an average price of $57.37 per share, for a total transaction of $372,905.00. Following the completion of the acquisition, the Director now owns 138,293 shares of the company’s stock, valued at approximately $7,933,869.41. The purchase was disclosed in a filing with the Securities & Exchange Commission, available at this hyperlink. Insiders own 0.28% of the company’s stock.

HF Sinclair Stock Return

Shares of HF Sinclair opened at $48.44 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.09 and a current ratio of 2.17. The company’s 50-day moving average price is $53.10 and its 200-day moving average price is $55.86. The company has a market cap of $9.31 billion, a price-to-earnings ratio of 6.00 and a beta of 1.19. HF Sinclair Co. has a one-year low of $47.09 and a one-year high of $64.16.

HF Sinclair (NYSE:DINO – Get Free Report) last released its quarterly earnings results on Wednesday, May 8. The company reported $0.71 EPS for the quarter, which topped the consensus estimate of $0.55 by $0.16. HF Sinclair had a return on equity of 15.10% and a net margin of 4.94%. The company had revenue of $7.03 billion for the quarter, compared to analyst estimates of $7.54 billion. In the prior-year quarter, the company earned $2.00 EPS. The company’s quarterly revenue was down 7.1% compared to the same quarter last year. On average, research analysts predict that HF ​​​​Sinclair Co. will post 4.63 EPS for the current year.

HF Sinclair Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 5th. Shareholders of record on Wednesday, May 22nd were given a dividend of $0.50. The ex-dividend date for this dividend was Tuesday, May 21st. This represents an annualized dividend of $2.00 and a dividend yield of 4.13%. HF Sinclair’s dividend payout ratio (DPR) is 24.75%.

Analysts set new price targets

A number of brokerages have recently issued reports on DINO. Argus raised HF Sinclair to a “hold” rating in a research note on Wednesday, June 26th. Mizuho lowered their price target on shares of HF Sinclair from $64.00 to $61.00 and set a “neutral” rating on the stock in a report on Thursday, June 20th. Wolfe Research established coverage on shares of HF Sinclair in a research note on Thursday. They set a “peer perform” rating on the company. Piper Sandler lowered their price target on shares of HF Sinclair from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Friday, June 14th. Finally, Wells Fargo & Company lowered their price target on HF Sinclair from $75.00 to $61.00 and set an “overweight” rating on the company in a research note on Friday, July 12th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.67.

Check out our latest stock report on HF Sinclair

HF Sinclair Profile

(Free Report)

HF Sinclair Corporation operates as an independent energy company. The Company produces and sells gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricants, specialty chemicals, specialty and modified asphalt, and other products. It owns and operates refineries in Kansas, Oklahoma, New Mexico, Utah, Washington and Wyoming; and sells its refined products primarily in the Southwestern United States and the Rocky Mountains, Pacific Northwest and other adjacent Plains states.

Also see

Get news and reviews for HF Sinclair Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for HF Sinclair and related companies with MarketBeat.com’s FREE daily email newsletter.