Unison Advisors LLC Buys 406 Shares of HF Sinclair Corporation $DINO

Unison Advisors LLC boosted its stake in HF Sinclair Corporation (NYSE:DINO) by 1.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 22,840 shares of the company’s stock after purchasing an additional 406 shares during the quarter. Unison Advisors LLC’s holdings in HF Sinclair were worth $938,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. CWA Asset Management Group LLC bought a new stake in HF Sinclair in the first quarter valued at $421,000. Pacific Heights Asset Management LLC boosted its holdings in shares of HF Sinclair by 9.1% during the 1st quarter. Pacific Heights Asset Management LLC now owns 240,000 shares of the company’s stock valued at $7,891,000 after buying an additional 20,000 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of HF Sinclair by 72.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 51,230 shares of the company’s stock valued at $1,684,000 after buying an additional 21,597 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of HF Sinclair by 2.2% during the 1st quarter. Principal Financial Group Inc. now owns 1,289,510 shares of the company’s stock valued at $42,399,000 after buying an additional 27,764 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of HF Sinclair by 7.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 131,700 shares of the company’s stock valued at $4,354,000 after buying an additional 9,070 shares in the last quarter. Institutional investors own 88.29% of the company’s stock.

Insiders Place Their Bets

In other HF Sinclair news, EVP Valerie Pompa sold 11,000 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $42.53, for a total value of $467,830.00. Following the completion of the transaction, the executive vice president owned 39,591 shares of the company’s stock, valued at approximately $1,683,805.23. The trade was a 21.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.34% of the company’s stock.

HF Sinclair Price Performance

DINO opened at $51.83 on Monday. The stock has a 50-day moving average price of $50.50 and a 200-day moving average price of $41.97. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.82 and a quick ratio of 0.83. The firm has a market cap of $9.70 billion, a PE ratio of -112.67 and a beta of 1.00. HF Sinclair Corporation has a 1 year low of $24.66 and a 1 year high of $54.73.

HF Sinclair (NYSE:DINO) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.61. HF Sinclair had a positive return on equity of 1.89% and a negative net margin of 0.32%.The firm had revenue of $6.78 billion during the quarter, compared to analyst estimates of $6.93 billion. During the same quarter in the previous year, the firm earned $0.78 EPS. HF Sinclair’s quarterly revenue was down 13.5% compared to the same quarter last year. Sell-side analysts predict that HF Sinclair Corporation will post 2.39 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were given a $0.50 dividend. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $2.00 dividend on an annualized basis and a yield of 3.9%. HF Sinclair’s payout ratio is -434.78%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DINO shares. Wolfe Research cut shares of HF Sinclair from a “peer perform” rating to an “underperform” rating in a report on Monday, July 14th. Scotiabank restated an “outperform” rating on shares of HF Sinclair in a report on Thursday, October 9th. The Goldman Sachs Group boosted their target price on shares of HF Sinclair from $54.00 to $61.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Morgan Stanley boosted their target price on shares of HF Sinclair from $50.00 to $60.00 and gave the company an “overweight” rating in a report on Friday, October 3rd. Finally, Piper Sandler lifted their price target on HF Sinclair from $51.00 to $59.00 and gave the stock a “neutral” rating in a research report on Thursday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $58.36.

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.