United Capital Financial Advisors LLC Takes $373,000 Position in HF Sinclair Corporation $DINO

United Capital Financial Advisors LLC bought a new position in shares of HF Sinclair Corporation (NYSE:DINO) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,355 shares of the company’s stock, valued at approximately $373,000.

Other large investors have also made changes to their positions in the company. Virtus Investment Advisers LLC grew its holdings in shares of HF Sinclair by 5.9% in the fourth quarter. Virtus Investment Advisers LLC now owns 3,489 shares of the company’s stock valued at $161,000 after purchasing an additional 195 shares during the period. D.A. Davidson & CO. raised its position in HF Sinclair by 3.8% in the fourth quarter. D.A. Davidson & CO. now owns 5,791 shares of the company’s stock valued at $267,000 after purchasing an additional 210 shares during the period. Parallel Advisors LLC lifted its stake in HF Sinclair by 4.9% during the 4th quarter. Parallel Advisors LLC now owns 4,769 shares of the company’s stock worth $220,000 after acquiring an additional 221 shares in the last quarter. Blue Trust Inc. lifted its position in shares of HF Sinclair by 4.7% during the first quarter. Blue Trust Inc. now owns 5,109 shares of the company’s stock worth $319,000 after purchasing an additional 228 shares in the last quarter. Finally, Unison Advisors LLC boosted its position in HF Sinclair by 1.0% in the 1st quarter. Unison Advisors LLC now owns 23,549 shares of the company’s stock valued at $1,469,000 after buying an additional 234 shares during the period. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

HF Sinclair Stock Performance

NYSE:DINO opened at $103.90 on Wednesday. HF Sinclair Corporation has a twelve month low of $45.71 and a twelve month high of $103.99. The firm’s fifty day simple moving average is $86.03 and its 200 day simple moving average is $70.80. The company has a current ratio of 1.97, a quick ratio of 1.10 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $18.47 billion, a price-to-earnings ratio of 9.91 and a beta of 0.70.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $5.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.49 by $0.82. HF Sinclair had a net margin of 6.13% and a return on equity of 18.21%. The company had revenue of $10.39 billion during the quarter, compared to the consensus estimate of $8.68 billion. During the same quarter last year, the company earned $1.10 earnings per share. HF Sinclair’s revenue for the quarter was up 53.2% on a year-over-year basis. As a group, equities research analysts expect that HF Sinclair Corporation will post 11.85 earnings per share for the current fiscal year.

HF Sinclair Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Tuesday, August 11th will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Tuesday, August 11th. This is an increase from HF Sinclair’s previous quarterly dividend of $0.50. HF Sinclair’s dividend payout ratio (DPR) is currently 20.04%.

Wall Street Analyst Weigh In

DINO has been the topic of several recent analyst reports. Zacks Research raised HF Sinclair from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. TD Cowen upped their price target on shares of HF Sinclair from $79.00 to $98.00 and gave the company a “hold” rating in a research report on Tuesday, July 21st. Barclays increased their price objective on HF Sinclair from $81.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 29th. Weiss Ratings raised shares of HF Sinclair from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 4th. Finally, Freedom Capital downgraded HF Sinclair from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $83.42.

Insider Activity

In other news, Director Rhoman J. Hardy purchased 1,508 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were bought at an average price of $66.32 per share, for a total transaction of $100,010.56. Following the completion of the purchase, the director 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Dale Kunneman sold 8,936 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $84.58, for a total transaction of $755,806.88. Following the sale, the senior vice president owned 42,561 shares in the company, valued at $3,599,809.38. This trade represents a 17.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.26% of the stock is currently owned by corporate insiders.

HF Sinclair Company 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.