HF Sinclair Corporation $DINO Shares Bought by RWC Asset Management LLP

RWC Asset Management LLP lifted its holdings in HF Sinclair Corporation (NYSE:DINO) by 30.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 143,634 shares of the company’s stock after purchasing an additional 33,394 shares during the period. RWC Asset Management LLP owned about 0.08% of HF Sinclair worth $7,518,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Greenleaf Trust lifted its position in shares of HF Sinclair by 4.3% during the 3rd quarter. Greenleaf Trust now owns 6,342 shares of the company’s stock valued at $332,000 after acquiring an additional 260 shares during the last quarter. Moody Lynn & Lieberson LLC increased its position in shares of HF Sinclair by 4.9% in the third quarter. Moody Lynn & Lieberson LLC now owns 5,922 shares of the company’s stock worth $310,000 after acquiring an additional 278 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of HF Sinclair by 4.2% in the 2nd quarter. ProShare Advisors LLC now owns 7,101 shares of the company’s stock valued at $292,000 after acquiring an additional 287 shares in the last quarter. Bank of Montreal Can boosted its stake in HF Sinclair by 1.3% in the 2nd quarter. Bank of Montreal Can now owns 22,788 shares of the company’s stock worth $936,000 after purchasing an additional 290 shares during the period. Finally, IFP Advisors Inc raised its stake in HF Sinclair by 21.4% during the 2nd quarter. IFP Advisors Inc now owns 1,694 shares of the company’s stock valued at $71,000 after purchasing an additional 299 shares during the period. 88.29% of the stock is currently owned by institutional investors.

HF Sinclair Stock Down 1.5%

Shares of DINO stock opened at $49.56 on Tuesday. The stock’s 50 day simple moving average is $50.53 and its 200 day simple moving average is $49.27. HF Sinclair Corporation has a twelve month low of $24.66 and a twelve month high of $56.58. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.97 and a current ratio of 1.91. The company has a market capitalization of $9.12 billion, a price-to-earnings ratio of 23.71 and a beta of 0.84.

HF Sinclair (NYSE:DINO) last released its quarterly earnings results on Thursday, October 30th. The company reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.50. HF Sinclair had a net margin of 1.46% and a return on equity of 5.77%. The company had revenue of $7.25 billion for the quarter, compared to analyst estimates of $6.99 billion. During the same quarter last year, the firm posted $0.51 earnings per share. The company’s quarterly revenue was up .6% compared to the same quarter last year. As a group, research analysts predict that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Raymond James Financial reissued a “strong-buy” rating and set a $65.00 price target (up from $60.00) on shares of HF Sinclair in a research report on Friday, October 17th. Morgan Stanley raised their price target on shares of HF Sinclair from $50.00 to $60.00 and gave the stock an “overweight” rating in a report on Friday, October 3rd. UBS Group boosted their price objective on shares of HF Sinclair from $63.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Scotiabank reiterated an “outperform” rating on shares of HF Sinclair in a research report on Thursday, October 9th. Finally, Mizuho boosted their price target on shares of HF Sinclair from $62.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $60.60.

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.