DDD Partners LLC Buys 11,111 Shares of HF Sinclair Corporation $DINO

DDD Partners LLC increased its position in HF Sinclair Corporation (NYSE:DINO) by 2.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 416,149 shares of the company’s stock after acquiring an additional 11,111 shares during the quarter. HF Sinclair comprises about 1.4% of DDD Partners LLC’s holdings, making the stock its 12th biggest holding. DDD Partners LLC owned 0.22% of HF Sinclair worth $21,781,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quent Capital LLC bought a new position in HF Sinclair in the 3rd quarter valued at $28,000. Johnson Financial Group Inc. bought a new stake in HF Sinclair during the second quarter valued at $33,000. State of Wyoming purchased a new position in HF Sinclair during the second quarter worth about $41,000. Hantz Financial Services Inc. increased its stake 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. Finally, Delos Wealth Advisors LLC bought a new position in HF Sinclair in the 2nd quarter worth about $70,000. Institutional investors own 88.29% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on DINO. Piper Sandler cut their price objective on HF Sinclair from $68.00 to $67.00 and set an “overweight” rating for the company in a report on Friday, January 16th. Scotiabank reissued an “outperform” rating and issued a $62.00 price target on shares of HF Sinclair in a research note on Friday, January 16th. Wells Fargo & Company initiated coverage on shares of HF Sinclair in a report on Friday, October 17th. They issued an “equal weight” rating and a $58.00 price target on the stock. Barclays dropped their price objective on shares of HF Sinclair from $54.00 to $51.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of HF Sinclair in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $59.90.

HF Sinclair Trading Up 2.0%

NYSE:DINO opened at $58.55 on Friday. The firm has a market capitalization of $10.77 billion, a P/E ratio of 28.02 and a beta of 0.87. The company has a quick ratio of 0.97, a current ratio of 1.91 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $50.27 and a 200 day moving average of $50.67. HF Sinclair Corporation has a 52 week low of $24.66 and a 52 week high of $59.33.

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.