Bfsg LLC Sells 33,537 Shares of HF Sinclair Co. (NYSE:DINO)

Bfsg LLC cut its holdings in HF Sinclair Co. (NYSE:DINO) by 80.4% during the fourth quarter, HoldingsChannel reports. The firm owned 8,194 shares of the company’s stock after selling 33,537 shares during the period. Bfsg LLC’s holdings in HF Sinclair were worth $287,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Kestra Investment Management LLC increased its stake in shares of HF Sinclair by 157.2% in the fourth quarter. Kestra Investment Management LLC now owns 11,747 shares of the company’s stock worth $412,000 after purchasing an additional 7,179 shares during the period. Kornitzer Capital Management Inc. KS grew its position in HF Sinclair by 72.2% during the fourth quarter. Kornitzer Capital Management Inc. KS now owns 433,155 shares of the company’s stock worth $15,182,000 after buying an additional 181,550 shares in the last quarter. Buckhead Capital Management LLC grew its position in HF Sinclair by 15.7% during the fourth quarter. Buckhead Capital Management LLC now owns 67,321 shares of the company’s stock worth $2,360,000 after buying an additional 9,131 shares in the last quarter. Van ECK Associates Corp grew its position in HF Sinclair by 9.3% during the fourth quarter. Van ECK Associates Corp now owns 88,580 shares of the company’s stock worth $3,105,000 after buying an additional 7,531 shares in the last quarter. Finally, Single Point Partners LLC acquired a new stake in HF Sinclair during the fourth quarter worth about $1,448,000. 88.29% of the stock is currently owned by institutional investors.

HF Sinclair Stock Performance

DINO stock opened at $38.54 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The company has a 50 day moving average price of $36.05 and a 200 day moving average price of $41.40. HF Sinclair Co. has a fifty-two week low of $33.47 and a fifty-two week high of $64.16. The stock has a market capitalization of $7.25 billion, a PE ratio of 23.79 and a beta of 1.22.

Wall Street Analysts Forecast Growth

DINO has been the topic of a number of recent research reports. JPMorgan Chase & Co. decreased their target price on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 10th. Barclays decreased their target price on HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. TD Cowen decreased their target price on HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research report on Wednesday, December 18th. UBS Group decreased their target price on HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Finally, Mizuho decreased their price objective on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. 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 a consensus target price of $51.00.

Insider Activity

In related news, CFO Atanas H. Atanasov purchased 5,000 shares of the business’s stock in a transaction dated 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 purchase, the chief financial officer now directly owns 78,927 shares in the company, valued at $2,665,364.79. This trade represents a 6.76 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.28% of the stock is currently owned by company insiders.

HF Sinclair Company 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.