Whittier Trust Co. Purchases 20,218 Shares of HF Sinclair Corporation $DINO

Whittier Trust Co. increased its position in HF Sinclair Corporation (NYSE:DINO) by 10.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 220,804 shares of the company’s stock after buying an additional 20,218 shares during the period. Whittier Trust Co.’s holdings in HF Sinclair were worth $13,509,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of DINO. Vanguard Group Inc. lifted its position in shares of HF Sinclair by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 16,830,649 shares of the company’s stock valued at $775,556,000 after acquiring an additional 446,867 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in HF Sinclair by 0.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,364,158 shares of the company’s stock valued at $293,260,000 after purchasing an additional 48,103 shares during the period. State Street Corp raised its stake in HF Sinclair by 0.4% during the 4th quarter. State Street Corp now owns 6,142,078 shares of the company’s stock valued at $283,027,000 after purchasing an additional 22,150 shares during the period. AQR Capital Management LLC lifted its holdings in HF Sinclair by 13.7% in the 4th quarter. AQR Capital Management LLC now owns 4,359,370 shares of the company’s stock worth $200,880,000 after purchasing an additional 523,709 shares in the last quarter. Finally, LSV Asset Management lifted its holdings in HF Sinclair by 4.0% in the 4th quarter. LSV Asset Management now owns 3,399,427 shares of the company’s stock worth $156,646,000 after purchasing an additional 129,934 shares in the last quarter. Hedge funds and other institutional investors own 88.29% of the company’s stock.

HF Sinclair Price Performance

Shares of HF Sinclair stock opened at $72.50 on Monday. The firm has a market cap of $13.07 billion, a PE ratio of 10.90 and a beta of 0.72. The stock has a 50 day moving average of $68.99 and a 200 day moving average of $59.24. The company has a current ratio of 1.79, a quick ratio of 0.88 and a debt-to-equity ratio of 0.28. HF Sinclair Corporation has a 12 month low of $42.16 and a 12 month high of $74.72.

HF Sinclair (NYSE:DINO) last released its quarterly earnings data on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.75. The business had revenue of $7.12 billion for the quarter, compared to the consensus estimate of $6.83 billion. HF Sinclair had a return on equity of 11.94% and a net margin of 4.46%.The company’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.27) EPS. On average, research analysts expect that HF Sinclair Corporation will post 9.39 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 11th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.8%. HF Sinclair’s dividend payout ratio (DPR) is 30.08%.

Insider Buying and Selling

In other HF Sinclair news, Director Rhoman J. Hardy acquired 1,508 shares of the stock in a transaction on Tuesday, June 16th. The stock was acquired at an average price of $66.32 per share, for a total transaction of $100,010.56. Following the completion of the transaction, the director directly owned 15,037 shares of the company’s stock, valued at $997,253.84. This trade represents a 11.15% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Matthew Joyce sold 2,384 shares of HF Sinclair stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $69.73, for a total transaction of $166,236.32. Following the completion of the transaction, the senior vice president directly owned 14,797 shares of the company’s stock, valued at $1,031,794.81. The trade was a 13.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 13,736 shares of company stock valued at $954,694 in the last three months. Corporate insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on DINO. Raymond James Financial increased their price objective on shares of HF Sinclair from $66.00 to $75.00 and gave the company a “strong-buy” rating in a report on Wednesday, March 25th. Scotiabank boosted their target price on shares of HF Sinclair from $53.00 to $54.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 22nd. UBS Group upped their target price on shares of HF Sinclair from $65.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Morgan Stanley raised their target price on shares of HF Sinclair from $69.00 to $78.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Finally, Wells Fargo & Company lifted their price target on shares of HF Sinclair from $58.00 to $67.00 and gave the company an “equal weight” rating in a report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $71.55.

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.