HF Sinclair Corporation $DINO Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC trimmed its holdings in HF Sinclair Corporation (NYSE:DINO) by 1.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 292,966 shares of the company’s stock after selling 5,812 shares during the period. Janus Henderson Group PLC owned about 0.16% of HF Sinclair worth $18,278,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. V Square Quantitative Management LLC acquired a new stake in shares of HF Sinclair during the fourth quarter worth approximately $26,000. REAP Financial Group LLC acquired a new stake in HF Sinclair in the fourth quarter valued at $29,000. Nalls Sherbakoff Group LLC bought a new position in HF Sinclair during the 4th quarter valued at $36,000. Fairway Wealth LLC bought a new position in HF Sinclair during the 1st quarter valued at $41,000. Finally, State of Wyoming acquired a new position in HF Sinclair during the 2nd quarter worth $41,000. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DINO. Evercore assumed coverage on shares of HF Sinclair in a research note on Friday, July 17th. They issued an “in-line” rating and a $85.00 target price on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $114.00 price target on shares of HF Sinclair in a research note on Wednesday, July 29th. Raymond James Financial set a $105.00 price objective on HF Sinclair in a report on Wednesday, July 29th. Barclays upped their price objective on HF Sinclair from $81.00 to $86.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 29th. Finally, Mizuho reiterated a “neutral” rating and issued a $79.00 target price (up from $67.00) on shares of HF Sinclair in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, HF Sinclair presently has a consensus rating of “Hold” and a consensus target price of $80.75.

Insider Buying and Selling at HF Sinclair

In other HF Sinclair news, EVP Valerie Pompa sold 10,000 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $69.05, for a total value of $690,500.00. Following the sale, the executive vice president directly owned 43,098 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is available at this link. Also, Director Manuel J. Fernandez sold 635 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $73.09, for a total value of $46,412.15. Following the completion of the sale, the director owned 16,543 shares in the company, valued at $1,209,127.87. The trade was a 3.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 13,736 shares of company stock worth $954,694. 0.26% of the stock is owned by company insiders.

HF Sinclair Price Performance

Shares of NYSE:DINO opened at $88.59 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.97 and a debt-to-equity ratio of 0.27. HF Sinclair Corporation has a fifty-two week low of $42.63 and a fifty-two week high of $94.22. The firm has a 50-day simple moving average of $76.18 and a 200 day simple moving average of $64.88. The company has a market cap of $15.75 billion, a PE ratio of 8.45 and a beta of 0.70.

HF Sinclair (NYSE:DINO) last issued its earnings results on Tuesday, July 28th. The company reported $5.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.49 by $0.82. HF Sinclair had a net margin of 6.13% and a return on equity of 18.21%. The firm had revenue of $10.39 billion for the quarter, compared to analysts’ expectations of $8.68 billion. During the same quarter last year, the company posted $1.10 earnings per share. HF Sinclair’s revenue was up 53.2% on a year-over-year basis. On average, sell-side analysts anticipate that HF Sinclair Corporation will post 11.85 EPS for the current year.

HF Sinclair Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Tuesday, August 11th will be issued a $0.525 dividend. This is a positive change from HF Sinclair’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $2.10 annualized dividend and a dividend yield of 2.4%. HF Sinclair’s dividend payout ratio (DPR) is 19.08%.

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.