Yousif Capital Management LLC Has $4.23 Million Stock Holdings in HF Sinclair Co. (NYSE:DINO)

Yousif Capital Management LLC boosted its stake in shares of HF Sinclair Co. (NYSE:DINO) by 7.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 76,039 shares of the company’s stock after purchasing an additional 4,973 shares during the period. Yousif Capital Management LLC’s holdings in HF Sinclair were worth $4,225,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. North Star Investment Management Corp. raised its stake in HF Sinclair by 4,990.9% in the fourth quarter. North Star Investment Management Corp. now owns 560 shares of the company’s stock valued at $31,000 after buying an additional 549 shares during the period. Baystate Wealth Management LLC bought a new stake in HF Sinclair in the fourth quarter valued at approximately $37,000. Blue Trust Inc. raised its stake in HF Sinclair by 30.9% in the fourth quarter. Blue Trust Inc. now owns 950 shares of the company’s stock valued at $54,000 after buying an additional 224 shares during the period. Fortitude Family Office LLC bought a new stake in HF Sinclair in the fourth quarter valued at approximately $56,000. Finally, GAMMA Investing LLC bought a new stake in HF Sinclair in the fourth quarter valued at approximately $123,000. 88.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on DINO shares. UBS Group upgraded HF Sinclair from a “neutral” rating to a “buy” rating and upped their price objective for the company from $64.00 to $73.00 in a research note on Wednesday, February 14th. Wells Fargo & Company increased their target price on HF Sinclair from $64.00 to $67.00 and gave the stock an “overweight” rating in a research note on Thursday, February 22nd. Barclays began coverage on HF Sinclair in a research note on Monday, February 26th. They set an “equal weight” rating and a $60.00 target price on the stock. Bank of America upgraded HF Sinclair from a “neutral” rating to a “buy” rating and increased their target price for the stock from $62.00 to $78.00 in a research note on Friday, March 15th. Finally, Piper Sandler increased their target price on HF Sinclair from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, April 5th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $65.42.

Insider Buying and Selling

In related news, Director Franklin Myers purchased 4,180 shares of HF Sinclair stock in a transaction that occurred on Monday, February 26th. The shares were acquired at an average price of $58.94 per share, with a total value of $246,369.20. Following the completion of the transaction, the director now directly owns 131,793 shares of the company’s stock, valued at approximately $7,767,879.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other HF Sinclair news, Director Franklin Myers bought 4,180 shares of HF Sinclair stock in a transaction on Monday, February 26th. The shares were purchased at an average price of $58.94 per share, with a total value of $246,369.20. Following the acquisition, the director now owns 131,793 shares in the company, valued at approximately $7,767,879.42. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Manuel J. Fernandez sold 1,213 shares of the firm’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $61.10, for a total value of $74,114.30. Following the completion of the sale, the director now directly owns 9,828 shares in the company, valued at approximately $600,490.80. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

HF Sinclair Trading Down 0.6 %

Shares of NYSE:DINO opened at $57.33 on Friday. The company has a market capitalization of $11.30 billion, a P/E ratio of 6.91 and a beta of 1.28. HF Sinclair Co. has a 1 year low of $37.12 and a 1 year high of $64.16. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.22 and a quick ratio of 1.16. The business’s 50 day simple moving average is $58.85 and its 200 day simple moving average is $56.36.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.15. The business had revenue of $7.66 billion for the quarter, compared to the consensus estimate of $8.05 billion. HF Sinclair had a return on equity of 17.61% and a net margin of 4.97%. The firm’s quarterly revenue was down 14.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.97 earnings per share. On average, research analysts anticipate that HF Sinclair Co. will post 6.55 EPS for the current fiscal year.

HF Sinclair Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Monday, February 26th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $2.00 dividend on an annualized basis and a yield of 3.49%. This is an increase from HF Sinclair’s previous quarterly dividend of $0.45. HF Sinclair’s dividend payout ratio is currently 24.10%.

About HF Sinclair

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.