8,542 Shares in HF Sinclair Corporation $DINO Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new stake in shares of HF Sinclair Corporation (NYSE:DINO) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,542 shares of the company’s stock, valued at approximately $351,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of DINO. PFG Investments LLC bought a new position in HF Sinclair during the second quarter valued at approximately $244,000. Campbell & CO Investment Adviser LLC bought a new stake in HF Sinclair in the 2nd quarter worth approximately $1,851,000. OMNI 360 Wealth Inc. purchased a new stake in shares of HF Sinclair during the 2nd quarter worth approximately $218,000. Level Four Advisory Services LLC raised its holdings in shares of HF Sinclair by 71.4% during the 1st quarter. Level Four Advisory Services LLC now owns 125,263 shares of the company’s stock worth $4,119,000 after acquiring an additional 52,182 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its position in shares of HF Sinclair by 103.1% during the 1st quarter. Russell Investments Group Ltd. now owns 427,175 shares of the company’s stock valued at $14,046,000 after acquiring an additional 216,839 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DINO has been the topic of a number of recent research reports. Mizuho upped their price target on shares of HF Sinclair from $60.00 to $62.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Morgan Stanley boosted their target price 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. Wells Fargo & Company assumed coverage on shares of HF Sinclair in a research report on Friday, October 17th. They set an “equal weight” rating and a $58.00 target price on the stock. Zacks Research lowered HF Sinclair from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of HF Sinclair in a research note on Wednesday, November 19th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, HF Sinclair currently has an average rating of “Hold” and an average target price of $59.18.

HF Sinclair Price Performance

HF Sinclair stock opened at $52.46 on Wednesday. HF Sinclair Corporation has a 12-month low of $24.66 and a 12-month high of $56.58. The company has a current ratio of 1.82, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29. The firm has a 50-day moving average price of $53.07 and a 200-day moving average price of $46.63. The firm has a market capitalization of $9.65 billion, a PE ratio of -114.05 and a beta of 0.99.

HF Sinclair (NYSE:DINO) last posted its quarterly earnings data on Thursday, October 30th. The company reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.50. The company had revenue of $7.25 billion for the quarter, compared to analyst estimates of $6.99 billion. HF Sinclair had a negative net margin of 0.32% and a positive return on equity of 1.89%. The firm’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the prior year, the company posted $0.51 EPS. As a group, equities research analysts forecast that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Wednesday, November 19th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Wednesday, November 19th. HF Sinclair’s dividend payout ratio (DPR) is currently 95.69%.

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.