Cambiar Investors LLC Invests $7.75 Million in HF Sinclair Co. (NYSE:DINO)

Cambiar Investors LLC acquired a new position in HF Sinclair Co. (NYSE:DINO) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 221,148 shares of the company’s stock, valued at approximately $7,751,000. Cambiar Investors LLC owned 0.12% of HF Sinclair at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DINO. Capital Performance Advisors LLP acquired a new stake in shares of HF Sinclair in the third quarter valued at about $27,000. Sugar Maple Asset Management LLC acquired a new stake in shares of HF Sinclair in the fourth quarter valued at about $27,000. MassMutual Private Wealth & Trust FSB grew its stake in shares of HF Sinclair by 68.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company’s stock valued at $48,000 after buying an additional 558 shares in the last quarter. Millburn Ridgefield Corp acquired a new stake in shares of HF Sinclair in the third quarter valued at about $50,000. Finally, Coastline Trust Co acquired a new stake in shares of HF Sinclair in the third quarter valued at about $55,000. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

HF Sinclair Price Performance

Shares of DINO opened at $37.64 on Tuesday. The firm has a market cap of $7.08 billion, a price-to-earnings ratio of 23.23 and a beta of 1.22. The stock has a 50 day moving average of $36.35 and a 200-day moving average of $42.01. The company has a current ratio of 1.81, a quick ratio of 0.90 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.

Analysts Set New Price Targets

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

Insider Transactions at HF Sinclair

In related news, CFO Atanas H. Atanasov purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The shares were acquired at an average price of $33.77 per share, with a total value of $168,850.00. Following the acquisition, the chief financial officer now owns 78,927 shares in the company, valued at approximately $2,665,364.79. This trade represents a 6.76 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.28% of the company’s stock.

HF Sinclair 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.