Jones Financial Companies Lllp Buys 8,691 Shares of HF Sinclair Corporation $DINO

Jones Financial Companies Lllp boosted its position in HF Sinclair Corporation (NYSE:DINO) by 12.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 80,808 shares of the company’s stock after acquiring an additional 8,691 shares during the period. Jones Financial Companies Lllp’s holdings in HF Sinclair were worth $4,304,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of DINO. Campbell & CO Investment Adviser LLC bought a new stake in shares of HF Sinclair during the 2nd quarter worth $1,851,000. Charles Schwab Investment Management Inc. grew its position in HF Sinclair by 5.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 6,225,992 shares of the company’s stock valued at $255,764,000 after buying an additional 298,735 shares during the period. Diversified Trust Co increased its holdings in HF Sinclair by 211.5% during the third quarter. Diversified Trust Co now owns 45,509 shares of the company’s stock worth $2,382,000 after buying an additional 30,901 shares during the last quarter. RWC Asset Management LLP raised its position in HF Sinclair by 30.3% in the third quarter. RWC Asset Management LLP now owns 143,634 shares of the company’s stock worth $7,518,000 after acquiring an additional 33,394 shares during the period. Finally, Callan Family Office LLC purchased a new position in HF Sinclair in the second quarter valued at about $412,000. Institutional investors own 88.29% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Morgan Stanley raised their price target on shares of HF Sinclair from $60.00 to $61.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 27th. Piper Sandler reduced their price objective on HF Sinclair from $68.00 to $67.00 and set an “overweight” rating for the company in a report on Friday, January 16th. Wall Street Zen lowered HF Sinclair from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 19th. Wells Fargo & Company assumed coverage on HF Sinclair in a research note on Friday, October 17th. They set an “equal weight” rating and a $58.00 price target for the company. Finally, UBS Group lifted their price objective on HF Sinclair from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $59.90.

HF Sinclair Stock Performance

HF Sinclair stock opened at $58.73 on Friday. HF Sinclair Corporation has a 1-year low of $24.66 and a 1-year high of $58.76. The company has a current ratio of 1.91, a quick ratio of 0.97 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $10.80 billion, a PE ratio of 28.10 and a beta of 0.87. The firm’s 50 day simple moving average is $49.60 and its 200 day simple moving average is $50.20.

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.