HF Sinclair Co. (NYSE:DINO) Shares Sold by Oakworth Capital Inc.

Oakworth Capital Inc. reduced its stake in shares of HF Sinclair Co. (NYSE:DINO) by 46.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,489 shares of the company’s stock after selling 15,812 shares during the quarter. Oakworth Capital Inc.’s holdings in HF Sinclair were worth $648,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DINO. V Square Quantitative Management LLC raised its holdings in shares of HF Sinclair by 11.1% during the third quarter. V Square Quantitative Management LLC now owns 2,262 shares of the company’s stock worth $101,000 after purchasing an additional 226 shares during the last quarter. Matrix Trust Co raised its holdings in shares of HF Sinclair by 122.4% during the third quarter. Matrix Trust Co now owns 576 shares of the company’s stock worth $26,000 after purchasing an additional 317 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of 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 purchasing an additional 367 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. raised its holdings in shares of HF Sinclair by 0.6% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 64,275 shares of the company’s stock worth $2,253,000 after purchasing an additional 390 shares during the last quarter. Finally, Signaturefd LLC raised its holdings in shares of HF Sinclair by 10.1% during the third quarter. Signaturefd LLC now owns 4,275 shares of the company’s stock worth $191,000 after purchasing an additional 392 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on DINO shares. JPMorgan Chase & Co. reduced their target price on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, December 10th. Wells Fargo & Company cut shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $53.00 to $45.00 in a report on Monday, December 9th. UBS Group cut their price objective on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating for the company in a report on Monday, November 4th. TD Cowen cut their price objective on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a report on Wednesday, December 18th. Finally, Barclays cut their price objective on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $51.00.

Insider Transactions at HF Sinclair

In other HF Sinclair news, CFO Atanas H. Atanasov purchased 5,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were purchased at an average cost of $33.77 per share, for a total transaction of $168,850.00. Following the completion of the transaction, the chief financial officer now owns 78,927 shares of the company’s stock, valued at $2,665,364.79. The trade was a 6.76 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.28% of the company’s stock.

HF Sinclair Stock Up 0.2 %

DINO stock opened at $38.03 on Thursday. The stock has a market capitalization of $7.15 billion, a P/E ratio of 23.47 and a beta of 1.22. The firm has a 50-day simple moving average of $36.53 and a 200-day simple moving average of $42.22. 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 Co. has a 52 week low of $33.47 and a 52 week high of $64.16.

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.