Landscape Capital Management L.L.C. Invests $955,000 in HF Sinclair Corporation $DINO

Landscape Capital Management L.L.C. acquired a new stake in HF Sinclair Corporation (NYSE:DINO) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,707 shares of the company’s stock, valued at approximately $955,000.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in HF Sinclair during the 2nd quarter worth approximately $1,291,602,000. Bank of New York Mellon Corp bought a new stake in HF Sinclair during the 2nd quarter worth approximately $140,654,000. NFJ Investment Group LLC grew its holdings in HF Sinclair by 1,275.3% during the 4th quarter. NFJ Investment Group LLC now owns 1,873,541 shares of the company’s stock worth $86,333,000 after acquiring an additional 1,737,318 shares during the last quarter. Invesco Ltd. increased its position in HF Sinclair by 104.3% in the 3rd quarter. Invesco Ltd. now owns 1,947,075 shares of the company’s stock valued at $101,910,000 after acquiring an additional 994,090 shares during the period. Finally, Victory Capital Management Inc. increased its position in HF Sinclair by 101.3% in the 4th quarter. Victory Capital Management Inc. now owns 1,794,964 shares of the company’s stock valued at $82,712,000 after acquiring an additional 903,177 shares during the period. Institutional investors own 88.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DINO shares. Barclays lifted their price target 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. Wall Street Zen upgraded HF Sinclair from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Evercore began coverage on HF Sinclair in a research report on Friday, July 17th. They set an “in-line” rating and a $85.00 target price for the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $114.00 target price on shares of HF Sinclair in a report on Wednesday, July 29th. Finally, TD Cowen lifted their target price on HF Sinclair from $79.00 to $98.00 and gave the stock a “hold” rating in a report on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.25.

Insiders Place Their Bets

In other HF Sinclair news, Director Rhoman J. Hardy bought 1,508 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was acquired at an average price of $66.32 per share, with a total value of $100,010.56. Following the completion of the purchase, the director directly owned 15,037 shares of the company’s stock, valued at approximately $997,253.84. This trade represents a 11.15% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Matthew Joyce sold 2,384 shares of HF Sinclair stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $69.73, for a total value of $166,236.32. Following the completion of the sale, the senior vice president owned 14,797 shares of the company’s stock, valued at approximately $1,031,794.81. The trade was a 13.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 11,955 shares of company stock valued at $968,455 over the last 90 days. 0.26% of the stock is owned by company insiders.

HF Sinclair Trading Down 0.2%

DINO opened at $97.13 on Monday. HF Sinclair Corporation has a twelve month low of $45.71 and a twelve month high of $97.63. The company has a fifty day moving average of $81.48 and a 200-day moving average of $68.79. The stock has a market cap of $17.27 billion, a PE ratio of 9.27 and a beta of 0.70. The company has a quick ratio of 1.10, a current ratio of 1.97 and a debt-to-equity ratio of 0.27.

HF Sinclair (NYSE:DINO) last released 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. The business had revenue of $10.39 billion for the quarter, compared to analyst estimates of $8.68 billion. HF Sinclair had a net margin of 6.13% and a return on equity of 18.21%. HF Sinclair’s revenue for the quarter was up 53.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.10 earnings per share. On average, sell-side analysts predict that HF Sinclair Corporation will post 11.85 EPS for the current year.

HF Sinclair Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 11th will be given a $0.525 dividend. This is a boost from HF Sinclair’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $2.10 annualized dividend and a dividend yield of 2.2%. HF Sinclair’s dividend payout ratio is 20.04%.

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.