Hantz Financial Services Inc. Boosts Stock Position in HF Sinclair Corporation $DINO

Hantz Financial Services Inc. grew its stake in HF Sinclair Corporation (NYSE:DINO) by 890.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 25,768 shares of the company’s stock after acquiring an additional 23,167 shares during the quarter. Hantz Financial Services Inc.’s holdings in HF Sinclair were worth $1,187,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. V Square Quantitative Management LLC purchased a new stake in shares of HF Sinclair in the fourth quarter valued at approximately $26,000. State of Wyoming acquired a new position in HF Sinclair in the second quarter valued at approximately $41,000. CI Investments Inc. grew its position in HF Sinclair by 20.0% in the third quarter. CI Investments Inc. now owns 1,121 shares of the company’s stock worth $59,000 after acquiring an additional 187 shares during the period. Torren Management LLC purchased a new position in HF Sinclair in the fourth quarter worth approximately $55,000. Finally, Employees Retirement System of Texas purchased a new position in HF Sinclair in the third quarter worth approximately $74,000. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Valerie Pompa sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $69.05, for a total value of $690,500.00. Following the completion of the sale, the executive vice president owned 43,098 shares in the company, valued at $2,975,916.90. This trade represents a 18.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Matthew Joyce sold 2,384 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $69.73, for a total transaction of $166,236.32. Following the completion of the sale, the senior vice president owned 14,797 shares of the company’s stock, valued at approximately $1,031,794.81. The trade was a 13.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,101 shares of company stock valued at $908,281 over the last quarter. 0.26% of the stock is currently owned by insiders.

HF Sinclair Stock Performance

NYSE:DINO opened at $68.10 on Thursday. The firm has a market capitalization of $12.28 billion, a PE ratio of 10.24 and a beta of 0.72. The business’s fifty day moving average price is $63.89 and its 200 day moving average price is $56.04. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.79 and a quick ratio of 0.88. HF Sinclair Corporation has a 12 month low of $35.10 and a 12 month high of $74.72.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.75. The company had revenue of $7.12 billion for the quarter, compared to analyst estimates of $6.83 billion. HF Sinclair had a return on equity of 11.94% and a net margin of 4.46%.The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.27) earnings per share. On average, sell-side analysts anticipate that HF Sinclair Corporation will post 8.7 earnings per share for the current fiscal year.

HF Sinclair Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, May 11th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.9%. HF Sinclair’s dividend payout ratio (DPR) is currently 30.08%.

Analysts Set New Price Targets

Several research analysts recently weighed in on DINO shares. Barclays increased their price objective on HF Sinclair from $61.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Morgan Stanley set a $69.00 price objective on HF Sinclair in a research report on Monday, May 4th. Raymond James Financial upped their price target on HF Sinclair from $66.00 to $75.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, March 25th. TD Cowen upped their price target on HF Sinclair from $68.00 to $80.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Finally, Scotiabank upped their price target on HF Sinclair from $53.00 to $54.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $70.82.

HF Sinclair Profile

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.