Yousif Capital Management LLC Has $2.55 Million Stock Holdings in HF Sinclair Corporation $DINO

Yousif Capital Management LLC lifted its stake in shares of HF Sinclair Corporation (NYSE:DINO) by 0.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,068 shares of the company’s stock after acquiring an additional 539 shares during the quarter. Yousif Capital Management LLC’s holdings in HF Sinclair were worth $2,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DINO. CWA Asset Management Group LLC bought a new position in HF Sinclair during the 1st quarter worth approximately $421,000. Pacific Heights Asset Management LLC raised its stake in HF Sinclair by 9.1% during the first quarter. Pacific Heights Asset Management LLC now owns 240,000 shares of the company’s stock worth $7,891,000 after buying an additional 20,000 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in HF Sinclair by 72.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 51,230 shares of the company’s stock worth $1,684,000 after buying an additional 21,597 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in HF Sinclair by 2.2% in the first quarter. Principal Financial Group Inc. now owns 1,289,510 shares of the company’s stock valued at $42,399,000 after buying an additional 27,764 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in HF Sinclair by 7.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 131,700 shares of the company’s stock valued at $4,354,000 after acquiring an additional 9,070 shares during the last quarter. Institutional investors and hedge funds own 88.29% of the company’s stock.

HF Sinclair Stock Performance

Shares of DINO opened at $51.83 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.82 and a quick ratio of 0.83. HF Sinclair Corporation has a one year low of $24.66 and a one year high of $54.73. The company has a market cap of $9.70 billion, a PE ratio of -112.67 and a beta of 1.00. The stock has a 50-day moving average of $50.50 and a 200-day moving average of $41.82.

HF Sinclair (NYSE:DINO) last posted its earnings results on Thursday, July 31st. The company reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.61. HF Sinclair had a negative net margin of 0.32% and a positive return on equity of 1.89%. The company had revenue of $6.78 billion for the quarter, compared to analyst estimates of $6.93 billion. During the same quarter in the prior year, the business posted $0.78 EPS. The firm’s revenue was down 13.5% compared to the same quarter last year. On average, equities research analysts predict that HF Sinclair Corporation will post 2.39 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Thursday, August 21st. HF Sinclair’s dividend payout ratio is currently -434.78%.

Insider Buying and Selling at HF Sinclair

In related news, EVP Valerie Pompa sold 11,000 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $42.53, for a total value of $467,830.00. Following the sale, the executive vice president owned 39,591 shares in the company, valued at $1,683,805.23. This represents a 21.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.34% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

DINO has been the topic of a number of research analyst reports. Barclays upped their price target on shares of HF Sinclair from $45.00 to $54.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 1st. Wolfe Research cut shares of HF Sinclair from a “peer perform” rating to an “underperform” rating in a research report on Monday, July 14th. Piper Sandler upped their price target on shares of HF Sinclair from $51.00 to $59.00 and gave the company a “neutral” rating in a research report on Thursday, September 11th. TD Cowen upped their price target on shares of HF Sinclair from $45.00 to $46.00 and gave the company a “hold” rating in a research report on Friday, August 1st. Finally, Morgan Stanley upped their price target on shares of HF Sinclair from $50.00 to $60.00 and gave the company an “overweight” rating in a research report on Friday, October 3rd. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $58.36.

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.