7,344 HF Sinclair Corporation $DINO Shares Purchased by Leuthold Group LLC

Leuthold Group LLC raised its stake in HF Sinclair Corporation (NYSE:DINO) by 10.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 79,924 shares of the company’s stock after buying an additional 7,344 shares during the period. Leuthold Group LLC’s holdings in HF Sinclair were worth $8,577,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Retirement Systems of Alabama raised its position in shares of HF Sinclair by 0.7% during the third quarter. Retirement Systems of Alabama now owns 159,536 shares of the company’s stock worth $17,121,000 after acquiring an additional 1,049 shares during the last quarter. Fulcrum Asset Management LLP lifted its stake in shares of HF Sinclair by 185,556.2% in the third quarter. Fulcrum Asset Management LLP now owns 29,705 shares of the company’s stock worth $3,137,000 after acquiring an additional 29,689 shares during the period. Bryn Mawr Trust Advisors LLC bought a new stake in HF Sinclair in the third quarter valued at approximately $207,000. Brighton Jones LLC boosted its holdings in HF Sinclair by 2.5% in the third quarter. Brighton Jones LLC now owns 21,637 shares of the company’s stock valued at $2,322,000 after acquiring an additional 530 shares during the last quarter. Finally, Uhlmann Price Securities LLC acquired a new stake in HF Sinclair during the 3rd quarter valued at approximately $347,000. Institutional investors and hedge funds own 88.29% of the company’s stock.

HF Sinclair Stock Up 2.7%

Shares of HF Sinclair stock opened at $99.82 on Tuesday. The stock’s 50-day moving average is $112.80 and its 200 day moving average is $79.84. HF Sinclair Corporation has a one year low of $45.71 and a one year high of $129.37. The firm has a market cap of $17.11 billion, a price-to-earnings ratio of 5.06 and a beta of 0.73. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.27 and a quick ratio of 1.40.

HF Sinclair (NYSE:DINO) last issued its earnings results on Wednesday, October 28th. The company reported $11.75 earnings per share for the quarter, topping analysts’ consensus estimates of $7.83 by $3.92. HF Sinclair had a return on equity of 32.95% and a net margin of 10.12%. The business had revenue of $10.86 billion during the quarter, compared to the consensus estimate of $8.89 billion. During the same period in the previous year, the company posted $2.44 earnings per share. The firm’s revenue for the quarter was up 49.7% on a year-over-year basis. Equities research analysts anticipate that HF Sinclair Corporation will post 22.32 EPS for the current year.

HF Sinclair Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Thursday, November 12th will be given a dividend of $0.5250 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $2.10 annualized dividend and a dividend yield of 2.1%. HF Sinclair’s dividend payout ratio (DPR) is 10.65%.

Analysts Set New Price Targets

DINO has been the topic of a number of recent analyst reports. TD Cowen boosted their price target on shares of HF Sinclair from $100.00 to $110.00 and gave the stock a “hold” rating in a research report on Thursday, October 22nd. Piper Sandler started coverage on shares of HF Sinclair in a research note on Tuesday, October 27th. They issued an “overweight” rating and a $152.00 price objective on the stock. The Goldman Sachs Group increased their price objective on shares of HF Sinclair from $114.00 to $142.00 and gave the stock a “buy” rating in a research report on Friday, October 9th. UBS Group lifted their target price on shares of HF Sinclair from $126.00 to $133.00 and gave the stock a “buy” rating in a research note on Saturday, October 3rd. Finally, Zacks Research raised shares of HF Sinclair from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, HF Sinclair currently has a consensus rating of “Moderate Buy” and an average price target of $116.00.

HF Sinclair Company Profile

HF Sinclair Corporation is an energy company that refines crude oil and sells fuels and other petroleum products. Its offerings include gasoline, diesel, jet fuel, asphalt, and specialty products such as lubricants and chemicals.

The company also operates midstream businesses, including pipelines, terminals, and other infrastructure that support the transportation and storage of crude oil and refined products. Its operations include renewable fuels, and its products are marketed under brands that include Sinclair.

HF Sinclair was formed in 2022 through the combination of HollyFrontier Corporation and Sinclair Oil Corporation.