DDD Partners LLC Boosts Position in HF Sinclair Corporation $DINO

DDD Partners LLC lifted its holdings in shares of HF Sinclair Corporation (NYSE:DINO) by 2.7% in the third quarter, Holdings Channel.com reports. The fund owned 416,149 shares of the company’s stock after purchasing an additional 11,111 shares during the period. HF Sinclair comprises approximately 1.4% of DDD Partners LLC’s portfolio, making the stock its 12th largest holding. DDD Partners LLC’s holdings in HF Sinclair were worth $21,781,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in DINO. Quent Capital LLC bought a new position in HF Sinclair in the 3rd quarter worth $28,000. Johnson Financial Group Inc. purchased a new position in shares of HF Sinclair during the second quarter valued at about $33,000. State of Wyoming bought a new position in HF Sinclair in the second quarter worth about $41,000. Bessemer Group Inc. lifted its holdings in HF Sinclair by 21.2% in the third quarter. Bessemer Group Inc. now owns 1,433 shares of the company’s stock worth $74,000 after buying an additional 251 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in HF Sinclair by 203.5% in the second quarter. Hantz Financial Services Inc. now owns 1,545 shares of the company’s stock worth $63,000 after buying an additional 1,036 shares during the period. Institutional investors own 88.29% of the company’s stock.

HF Sinclair Trading Up 2.0%

Shares of NYSE:DINO opened at $58.55 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.91 and a quick ratio of 0.97. HF Sinclair Corporation has a 1 year low of $24.66 and a 1 year high of $59.33. The company has a market cap of $10.77 billion, a P/E ratio of 28.02 and a beta of 0.87. The stock’s fifty day moving average price is $50.27 and its 200-day moving average price is $50.67.

Analysts Set New Price Targets

DINO has been the subject of several research reports. Wall Street Zen lowered HF Sinclair from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 19th. Scotiabank reiterated an “outperform” rating and issued a $62.00 price objective on shares of HF Sinclair in a report on Friday, January 16th. Zacks Research lowered HF Sinclair from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Piper Sandler reduced their target price on shares of HF Sinclair from $68.00 to $67.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. Finally, Morgan Stanley lifted their price target on shares of HF Sinclair from $60.00 to $61.00 and gave the company an “overweight” rating in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.