5,355 Shares in HF Sinclair Corporation $DINO Bought by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC purchased a new position in shares of HF Sinclair Corporation (NYSE:DINO) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,355 shares of the company’s stock, valued at approximately $373,000.

Several other large investors also recently modified their holdings of DINO. BlackRock Inc. acquired a new position in HF Sinclair during the 2nd quarter valued at about $1,291,602,000. Dimensional Fund Advisors LP raised its stake in HF Sinclair by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 9,249,939 shares of the company’s stock valued at $577,114,000 after acquiring an additional 103,135 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of HF Sinclair by 0.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,364,158 shares of the company’s stock valued at $293,260,000 after buying an additional 48,103 shares in the last quarter. State Street Corp raised its stake in shares of HF Sinclair by 0.4% during the 4th quarter. State Street Corp now owns 6,142,078 shares of the company’s stock valued at $283,027,000 after purchasing an additional 22,150 shares during the period. Finally, AQR Capital Management LLC increased its position in shares of HF Sinclair by 13.7% during the fourth quarter. AQR Capital Management LLC now owns 4,359,370 shares of the company’s stock valued at $200,880,000 after buying an additional 523,709 shares during the period. Institutional investors and hedge funds own 88.29% of the company’s stock.

HF Sinclair Trading Up 2.3%

Shares of DINO stock opened at $103.90 on Wednesday. The stock has a market capitalization of $18.47 billion, a price-to-earnings ratio of 9.91 and a beta of 0.70. HF Sinclair Corporation has a 12-month low of $45.71 and a 12-month high of $103.99. The stock’s 50-day moving average price is $86.03 and its 200-day moving average price is $70.80. The company has a current ratio of 1.97, a quick ratio of 1.10 and a debt-to-equity ratio of 0.27.

HF Sinclair (NYSE:DINO) last announced its earnings results on Tuesday, July 28th. The company reported $5.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.49 by $0.82. HF Sinclair had a net margin of 6.13% and a return on equity of 18.21%. The firm had revenue of $10.39 billion for the quarter, compared to analysts’ expectations of $8.68 billion. During the same period in the prior year, the company earned $1.10 EPS. The business’s revenue was up 53.2% compared to the same quarter last year. Equities research analysts predict that HF Sinclair Corporation will post 11.85 EPS for the current fiscal year.

HF Sinclair Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, August 11th. This is a positive change from HF Sinclair’s previous quarterly dividend of $0.50. HF Sinclair’s dividend payout ratio is currently 20.04%.

Insider Activity

In other news, SVP Dale Kunneman sold 8,936 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $84.58, for a total transaction of $755,806.88. Following the transaction, the senior vice president directly owned 42,561 shares in the company, valued at approximately $3,599,809.38. This trade represents a 17.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Rhoman J. Hardy purchased 1,508 shares of HF Sinclair stock in a transaction dated Tuesday, June 16th. The stock was bought at an average cost of $66.32 per share, with a total value of $100,010.56. Following the completion of the transaction, the director owned 15,037 shares in the company, valued at approximately $997,253.84. This represents a 11.15% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of HF Sinclair from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. Barclays increased their target price on shares of HF Sinclair from $81.00 to $86.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 29th. Freedom Capital cut shares of HF Sinclair from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Mizuho increased their target price on HF Sinclair from $79.00 to $85.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $114.00 price target on shares of HF Sinclair in a research report on Wednesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, HF Sinclair has an average rating of “Moderate Buy” and an average target price of $83.42.

HF Sinclair Profile

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.