HF Sinclair Corporation $DINO Shares Bought by Kennedy Capital Management LLC

Kennedy Capital Management LLC raised its position in HF Sinclair Corporation (NYSE:DINO) by 13.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 473,389 shares of the company’s stock after purchasing an additional 54,880 shares during the period. Kennedy Capital Management LLC’s holdings in HF Sinclair were worth $21,814,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. V Square Quantitative Management LLC purchased a new stake in shares of HF Sinclair in the fourth quarter valued at $26,000. REAP Financial Group LLC purchased a new stake in shares of HF Sinclair in the fourth quarter valued at $29,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of HF Sinclair in the fourth quarter valued at $43,000. State of Wyoming purchased a new stake in shares of HF Sinclair in the second quarter valued at $41,000. Finally, CI Investments Inc. lifted its position in shares of HF Sinclair by 20.0% in the third quarter. CI Investments Inc. now owns 1,121 shares of the company’s stock valued at $59,000 after acquiring an additional 187 shares in the last quarter. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DINO has been the topic of several recent research reports. Wall Street Zen upgraded HF Sinclair from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Weiss Ratings upgraded HF Sinclair from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Scotiabank upped their price objective on HF Sinclair from $53.00 to $54.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 22nd. TD Cowen upped their price objective on HF Sinclair from $68.00 to $80.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Finally, BMO Capital Markets reduced their target price on HF Sinclair from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Monday, February 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has issued 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 $71.64.

HF Sinclair Stock Performance

NYSE DINO opened at $70.93 on Friday. The business’s 50-day moving average price is $66.27 and its 200 day moving average price is $57.42. HF Sinclair Corporation has a twelve month low of $38.11 and a twelve month high of $74.72. The company has a market capitalization of $12.79 billion, a PE ratio of 10.67 and a beta of 0.72. 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 (NYSE:DINO) last released its earnings results on Friday, May 1st. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.75. HF Sinclair had a return on equity of 11.94% and a net margin of 4.46%.The firm had revenue of $7.12 billion for the quarter, compared to the consensus estimate of $6.83 billion. During the same period in the prior year, the business posted ($0.27) earnings per share. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. On average, research analysts predict that HF Sinclair Corporation will post 8.53 earnings per share for the current 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 given a dividend of $0.50 per share. The ex-dividend date was Monday, May 11th. This represents a $2.00 annualized dividend and a yield of 2.8%. HF Sinclair’s dividend payout ratio is 30.08%.

Insiders Place Their Bets

In other news, EVP Valerie Pompa sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $69.05, for a total value of $690,500.00. Following the transaction, the executive vice president directly owned 43,098 shares in the company, valued at $2,975,916.90. This trade represents a 18.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Vivek Garg sold 717 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $71.89, for a total value of $51,545.13. Following the completion of the transaction, the chief financial officer owned 11,475 shares in the company, valued at approximately $824,937.75. This trade represents a 5.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 13,736 shares of company stock valued at $954,694. 0.26% of the stock is owned by corporate insiders.

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.