HF Sinclair (NYSE:DINO) Director Buys $100,010.56 in Stock

HF Sinclair Corporation (NYSE:DINO) Director Rhoman Hardy acquired 1,508 shares of the stock in a transaction dated Tuesday, June 16th. The shares were bought at an average price of $66.32 per share, with a total value of $100,010.56. Following the completion of the purchase, the director directly owned 15,037 shares of the company’s stock, valued at approximately $997,253.84. This trade represents a 11.15% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

HF Sinclair Stock Performance

Shares of NYSE:DINO traded down $0.72 on Tuesday, hitting $66.53. 1,980,530 shares of the company were exchanged, compared to its average volume of 2,684,785. HF Sinclair Corporation has a 1-year low of $40.09 and a 1-year high of $74.72. The stock’s 50 day moving average price is $66.40 and its 200 day moving average price is $57.55. The company has a current ratio of 1.79, a quick ratio of 0.88 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $11.99 billion, a P/E ratio of 10.00 and a beta of 0.72.

HF Sinclair (NYSE:DINO) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.69 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.75. HF Sinclair had a net margin of 4.46% and a return on equity of 11.94%. The business had revenue of $7.12 billion during the quarter, compared to the consensus estimate of $6.83 billion. During the same period in the previous year, the firm posted ($0.27) earnings per share. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. Sell-side analysts predict that HF Sinclair Corporation will post 8.53 EPS for the current year.

HF Sinclair Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 11th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Monday, May 11th. HF Sinclair’s payout ratio is presently 30.08%.

Analyst Ratings Changes

Several research firms have recently commented on DINO. UBS Group lifted their price objective on shares of HF Sinclair from $65.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Weiss Ratings upgraded shares of HF Sinclair from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Piper Sandler decreased their target price on shares of HF Sinclair from $67.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. Barclays boosted their target price on shares of HF Sinclair from $61.00 to $71.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Finally, Mizuho restated a “neutral” rating and set a $79.00 target price (up from $67.00) on shares of HF Sinclair in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $71.64.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DINO. Goldman Sachs Group Inc. raised its position in shares of HF Sinclair by 14.6% in the first quarter. Goldman Sachs Group Inc. now owns 939,764 shares of the company’s stock worth $30,899,000 after acquiring an additional 119,832 shares during the period. Focus Partners Wealth raised its position in shares of HF Sinclair by 71.7% in the first quarter. Focus Partners Wealth now owns 19,400 shares of the company’s stock worth $638,000 after acquiring an additional 8,102 shares during the period. Amundi raised its position in shares of HF Sinclair by 7.7% in the second quarter. Amundi now owns 174,199 shares of the company’s stock worth $7,588,000 after acquiring an additional 12,387 shares during the period. Jump Financial LLC acquired a new position in shares of HF Sinclair in the second quarter worth about $209,000. Finally, Cerity Partners LLC raised its position in shares of HF Sinclair by 25.7% in the second quarter. Cerity Partners LLC now owns 145,047 shares of the company’s stock worth $5,959,000 after acquiring an additional 29,635 shares during the period. 88.29% of the stock is currently owned by institutional investors and hedge funds.

About HF Sinclair

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.