Jones Financial Companies Lllp Raises Position in HF Sinclair Corporation $DINO

Jones Financial Companies Lllp boosted its holdings in HF Sinclair Corporation (NYSE:DINO) by 12.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,808 shares of the company’s stock after purchasing an additional 8,691 shares during the period. Jones Financial Companies Lllp’s holdings in HF Sinclair were worth $4,304,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quent Capital LLC purchased a new stake in shares of HF Sinclair during the third quarter valued at approximately $28,000. Kiker Wealth Management LLC bought a new stake in HF Sinclair during the 2nd quarter valued at $32,000. Johnson Financial Group Inc. purchased a new stake in HF Sinclair during the 2nd quarter valued at $33,000. State of Wyoming bought a new stake in HF Sinclair in the 2nd quarter worth $41,000. Finally, Hantz Financial Services Inc. grew its holdings in HF Sinclair by 203.5% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,545 shares of the company’s stock worth $63,000 after acquiring an additional 1,036 shares during the last quarter. 88.29% of the stock is owned by institutional investors.

HF Sinclair Trading Up 3.8%

NYSE DINO opened at $58.73 on Friday. HF Sinclair Corporation has a 12 month low of $24.66 and a 12 month high of $58.76. The company has a current ratio of 1.91, a quick ratio of 0.97 and a debt-to-equity ratio of 0.29. The stock’s fifty day moving average price is $49.60 and its 200-day moving average price is $50.20. The stock has a market cap of $10.80 billion, a P/E ratio of 28.10 and a beta of 0.87.

Wall Street Analysts Forecast Growth

DINO has been the subject of a number of recent analyst reports. UBS Group upped their price target on HF Sinclair from $63.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Raymond James Financial reissued a “strong-buy” rating and set a $65.00 target price (up from $60.00) on shares of HF Sinclair in a research note on Friday, October 17th. Weiss Ratings restated a “hold (c)” rating on shares of HF Sinclair in a report on Monday, December 29th. Zacks Research cut shares of HF Sinclair from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Mizuho boosted their price objective on shares of HF Sinclair from $62.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $59.90.

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.