Cambiar Investors LLC Decreases Position in HF Sinclair Corporation $DINO

Cambiar Investors LLC decreased its holdings in HF Sinclair Corporation (NYSE:DINO) by 49.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,420 shares of the company’s stock after selling 108,524 shares during the quarter. Cambiar Investors LLC’s holdings in HF Sinclair were worth $5,727,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its holdings in HF Sinclair by 14.6% in the first quarter. Goldman Sachs Group Inc. now owns 939,764 shares of the company’s stock worth $30,899,000 after acquiring an additional 119,832 shares in the last quarter. Focus Partners Wealth raised its position in shares of HF Sinclair by 71.7% in the 1st quarter. Focus Partners Wealth now owns 19,400 shares of the company’s stock valued at $638,000 after purchasing an additional 8,102 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in HF Sinclair by 157.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,722 shares of the company’s stock worth $71,000 after purchasing an additional 1,054 shares in the last quarter. Ballentine Partners LLC purchased a new stake in HF Sinclair during the 2nd quarter worth approximately $232,000. Finally, Signaturefd LLC grew its position in HF Sinclair by 37.8% during the 2nd quarter. Signaturefd LLC now owns 5,498 shares of the company’s stock worth $226,000 after purchasing an additional 1,509 shares during the last quarter. 88.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on DINO shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HF Sinclair in a report on Monday, December 29th. Piper Sandler cut their target price on HF Sinclair from $68.00 to $67.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. Scotiabank reaffirmed an “outperform” rating and set a $62.00 price target on shares of HF Sinclair in a research report on Friday, January 16th. Morgan Stanley boosted their price target on HF Sinclair from $60.00 to $61.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Zacks Research lowered HF Sinclair from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $59.90.

HF Sinclair Price Performance

NYSE:DINO opened at $49.94 on Wednesday. The firm’s fifty day moving average is $49.40 and its two-hundred day moving average is $49.71. The firm has a market cap of $9.19 billion, a price-to-earnings ratio of 23.89 and a beta of 0.84. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.97 and a current ratio of 1.91. HF Sinclair Corporation has a one year low of $24.66 and a one year high of $56.58.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings data on Thursday, October 30th. The company reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.50. HF Sinclair had a return on equity of 5.77% and a net margin of 1.46%.The business had revenue of $7.25 billion during the quarter, compared to analysts’ expectations of $6.99 billion. During the same quarter in the previous year, the firm posted $0.51 EPS. The company’s revenue for the quarter was up .6% on a year-over-year basis. Research analysts expect that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Wednesday, November 19th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 4.0%. The ex-dividend date was Wednesday, November 19th. HF Sinclair’s dividend payout ratio is currently 95.69%.

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.