Miller Howard Investments Inc. NY Trims Stake in HF Sinclair Co. (NYSE:DINO)

Miller Howard Investments Inc. NY lessened its position in shares of HF Sinclair Co. (NYSE:DINO) by 14.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 27,826 shares of the company’s stock after selling 4,664 shares during the quarter. Miller Howard Investments Inc. NY’s holdings in HF Sinclair were worth $975,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its stake in shares of HF Sinclair by 8.1% during the third quarter. Pacer Advisors Inc. now owns 8,411,694 shares of the company’s stock worth $374,909,000 after buying an additional 626,755 shares during the period. AustralianSuper Pty Ltd raised its stake in HF Sinclair by 11.7% during the 3rd quarter. AustralianSuper Pty Ltd now owns 1,678,196 shares of the company’s stock valued at $74,797,000 after acquiring an additional 175,925 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of HF Sinclair by 3.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,894,833 shares of the company’s stock valued at $218,163,000 after purchasing an additional 165,313 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of HF Sinclair by 21.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 861,710 shares of the company’s stock valued at $38,406,000 after purchasing an additional 153,148 shares during the last quarter. Finally, FMR LLC increased its holdings in shares of HF Sinclair by 13.8% in the third quarter. FMR LLC now owns 1,167,209 shares of the company’s stock valued at $52,023,000 after purchasing an additional 141,472 shares during the period. Institutional investors and hedge funds own 88.29% of the company’s stock.

Insider Buying and Selling at HF Sinclair

In other HF Sinclair news, CFO Atanas H. Atanasov purchased 5,000 shares of HF Sinclair stock in a transaction on Thursday, December 19th. The shares were bought at an average price of $33.77 per share, with a total value of $168,850.00. Following the completion of the acquisition, the chief financial officer now directly owns 78,927 shares of the company’s stock, valued at approximately $2,665,364.79. This trade represents a 6.76 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.28% of the stock is owned by corporate insiders.

HF Sinclair Stock Performance

DINO opened at $36.27 on Monday. The stock’s 50 day simple moving average is $36.35 and its 200 day simple moving average is $42.05. The stock has a market cap of $6.82 billion, a P/E ratio of 22.39 and a beta of 1.22. HF Sinclair Co. has a 1-year low of $33.47 and a 1-year high of $64.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90.

Analyst Ratings Changes

A number of research firms recently weighed in on DINO. UBS Group lowered their price objective on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Mizuho lowered their target price 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. Barclays cut their price target 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. TD Cowen lowered their price objective on HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a report on Wednesday, December 18th. Finally, JPMorgan Chase & Co. cut their target price on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a research note on Tuesday, December 10th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, HF Sinclair has an average rating of “Hold” and a consensus price target of $51.00.

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.