New York State Common Retirement Fund Sells 210,061 Shares of HF Sinclair Corporation $DINO

New York State Common Retirement Fund lowered its position in shares of HF Sinclair Corporation (NYSE:DINO) by 59.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 145,516 shares of the company’s stock after selling 210,061 shares during the quarter. New York State Common Retirement Fund owned 0.08% of HF Sinclair worth $7,616,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. NorthCrest Asset Manangement LLC lifted its stake in shares of HF Sinclair by 2.7% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 9,750 shares of the company’s stock valued at $507,000 after buying an additional 258 shares in the last quarter. Greenleaf Trust lifted its position in shares of HF Sinclair by 4.3% in the third quarter. Greenleaf Trust now owns 6,342 shares of the company’s stock valued at $332,000 after acquiring an additional 260 shares in the last quarter. Moody Lynn & Lieberson LLC lifted 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 valued at $310,000 after acquiring an additional 278 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of HF Sinclair by 4.2% in the second quarter. ProShare Advisors LLC now owns 7,101 shares of the company’s stock worth $292,000 after acquiring an additional 287 shares during the period. Finally, Bank of Montreal Can grew its position in shares of HF Sinclair by 1.3% during the second quarter. Bank of Montreal Can now owns 22,788 shares of the company’s stock worth $936,000 after purchasing an additional 290 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors.

HF Sinclair Trading Up 4.1%

Shares of NYSE DINO opened at $56.88 on Thursday. HF Sinclair Corporation has a 1-year low of $24.66 and a 1-year high of $57.11. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.91 and a quick ratio of 0.97. The business’s 50 day moving average is $49.40 and its two-hundred day moving average is $50.05. The stock has a market capitalization of $10.46 billion, a P/E ratio of 27.22 and a beta of 0.87.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Zacks Research cut HF Sinclair from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Wells Fargo & Company started coverage on shares of HF Sinclair in a research report on Friday, October 17th. They set an “equal weight” rating and a $58.00 price objective on the stock. Raymond James Financial restated a “strong-buy” rating and set a $65.00 target price (up previously from $60.00) on shares of HF Sinclair in a research report on Friday, October 17th. Barclays reduced their price target on shares of HF Sinclair from $54.00 to $51.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 13th. Finally, UBS Group boosted their price target on shares of HF Sinclair from $63.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $59.90.

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.